Keysight Technologies, Inc. (NYSE:KEYS) SVP Kailash Narayanan Sells 595 Shares

Keysight Technologies, Inc. (NYSE:KEYS) SVP Kailash Narayanan sold 595 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $171.30, for a total value of $101,923.50. Following the transaction, the senior vice president now directly owns 35,912 shares in the company, valued at $6,151,725.60. This trade represents a 1.63 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Keysight Technologies Stock Up 0.4 %

Shares of KEYS stock traded up $0.75 during midday trading on Monday, reaching $171.59. 1,252,359 shares of the stock were exchanged, compared to its average volume of 1,211,859. The firm has a market cap of $29.78 billion, a PE ratio of 48.81, a price-to-earnings-growth ratio of 2.19 and a beta of 0.98. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The company’s 50 day moving average is $158.44 and its two-hundred day moving average is $147.01. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $175.39.

Institutional Investors Weigh In On Keysight Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in KEYS. Geode Capital Management LLC boosted its holdings in Keysight Technologies by 7.9% in the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after acquiring an additional 323,235 shares in the last quarter. Swedbank AB raised its position in Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after buying an additional 292,372 shares during the last quarter. Fort Pitt Capital Group LLC lifted its stake in Keysight Technologies by 59.1% during the 3rd quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company’s stock valued at $109,138,000 after acquiring an additional 254,985 shares during the period. D. E. Shaw & Co. Inc. boosted its holdings in shares of Keysight Technologies by 506.3% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 300,903 shares of the scientific and technical instruments company’s stock valued at $41,148,000 after acquiring an additional 251,274 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC grew its stake in shares of Keysight Technologies by 27.6% in the third quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock worth $158,692,000 after acquiring an additional 216,564 shares during the period. 84.58% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on KEYS. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $180.00 price target on shares of Keysight Technologies in a research note on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft upped their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Morgan Stanley raised their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Barclays upped their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. raised their target price on Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $177.30.

Keysight Technologies Company Profile

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.