Gamco Investors INC. ET AL Sells 650 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Gamco Investors INC. ET AL lowered its stake in Keysight Technologies, Inc. (NYSE:KEYSFree Report) by 4.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,019 shares of the scientific and technical instruments company’s stock after selling 650 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Keysight Technologies were worth $1,723,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Focused Wealth Management Inc purchased a new stake in Keysight Technologies in the second quarter worth approximately $25,000. OFI Invest Asset Management bought a new position in Keysight Technologies in the third quarter worth approximately $26,000. Quarry LP bought a new position in Keysight Technologies in the second quarter worth approximately $27,000. VitalStone Financial LLC bought a new position in Keysight Technologies in the first quarter worth approximately $35,000. Finally, Vestor Capital LLC bought a new position in Keysight Technologies in the second quarter worth approximately $40,000. Hedge funds and other institutional investors own 81.72% of the company’s stock.

Insiders Place Their Bets

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 7,275 shares of Keysight Technologies stock in a transaction on Monday, November 27th. The shares were sold at an average price of $134.90, for a total value of $981,397.50. Following the completion of the transaction, the chief executive officer now directly owns 116,277 shares of the company’s stock, valued at approximately $15,685,767.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Ronald S. Nersesian sold 29,672 shares of Keysight Technologies stock in a transaction dated Wednesday, December 27th. The shares were sold at an average price of $159.82, for a total transaction of $4,742,179.04. Following the completion of the transaction, the director now directly owns 296,619 shares of the company’s stock, valued at approximately $47,405,648.58. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Satish Dhanasekaran sold 7,275 shares of Keysight Technologies stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $134.90, for a total transaction of $981,397.50. Following the transaction, the chief executive officer now directly owns 116,277 shares of the company’s stock, valued at $15,685,767.30. The disclosure for this sale can be found here. Insiders sold 76,402 shares of company stock valued at $11,764,950 in the last three months. Corporate insiders own 0.60% of the company’s stock.

Keysight Technologies Stock Performance

Shares of NYSE KEYS opened at $161.52 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.87 and a current ratio of 2.35. The company has a market cap of $28.21 billion, a P/E ratio of 27.28, a P/E/G ratio of 4.49 and a beta of 1.08. The firm’s fifty day moving average is $153.85 and its two-hundred day moving average is $141.86. Keysight Technologies, Inc. has a 52-week low of $118.57 and a 52-week high of $189.32.

Keysight Technologies (NYSE:KEYSGet Free Report) last issued its quarterly earnings data on Monday, November 20th. The scientific and technical instruments company reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.87 by $0.12. Keysight Technologies had a net margin of 19.34% and a return on equity of 28.98%. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same period last year, the company posted $2.02 EPS. The business’s revenue was down 9.2% on a year-over-year basis. As a group, analysts anticipate that Keysight Technologies, Inc. will post 6.36 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have weighed in on KEYS shares. TheStreet upgraded shares of Keysight Technologies from a “c+” rating to a “b-” rating in a research report on Wednesday, December 13th. Citigroup decreased their price objective on shares of Keysight Technologies from $174.00 to $165.00 and set a “buy” rating on the stock in a research report on Monday, November 13th. Barclays decreased their price objective on shares of Keysight Technologies from $144.00 to $134.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 21st. Robert W. Baird raised their price objective on shares of Keysight Technologies from $155.00 to $160.00 and gave the company an “outperform” rating in a research report on Tuesday, November 21st. Finally, StockNews.com downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, November 16th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $171.18.

Read Our Latest Report on Keysight Technologies

About Keysight Technologies

(Free Report)

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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