Intrust Bank NA Decreases Position in Keysight Technologies, Inc. (NYSE:KEYS)

Intrust Bank NA decreased its position in Keysight Technologies, Inc. (NYSE:KEYS) by 8.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,240 shares of the scientific and technical instruments company’s stock after selling 299 shares during the period. Intrust Bank NA’s holdings in Keysight Technologies were worth $520,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Erste Asset Management GmbH purchased a new stake in shares of Keysight Technologies during the 3rd quarter valued at approximately $29,000. Goodman Advisory Group LLC bought a new stake in Keysight Technologies during the 3rd quarter valued at $35,000. Groupama Asset Managment lifted its position in shares of Keysight Technologies by 76.6% during the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 9,437 shares in the last quarter. Venturi Wealth Management LLC boosted its holdings in shares of Keysight Technologies by 100.8% in the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after acquiring an additional 133 shares during the period. Finally, Versant Capital Management Inc grew its position in shares of Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after purchasing an additional 158 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the sale, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.61% of the company’s stock.

Keysight Technologies Stock Performance

Keysight Technologies stock opened at $150.40 on Friday. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $186.20. The firm’s fifty day moving average price is $166.07 and its 200-day moving average price is $162.38. The stock has a market cap of $25.99 billion, a P/E ratio of 42.97, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

Analyst Ratings Changes

KEYS has been the topic of a number of recent research reports. Robert W. Baird increased their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Wells Fargo & Company boosted their price objective on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday, February 26th. Finally, StockNews.com cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. One investment analyst has rated the stock with a sell rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $184.44.

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.