Advisors Preferred LLC Purchases New Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Advisors Preferred LLC acquired a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 18,260 shares of the scientific and technical instruments company’s stock, valued at approximately $2,937,000.

A number of other institutional investors have also modified their holdings of the stock. Truvestments Capital LLC purchased a new stake in Keysight Technologies in the 3rd quarter valued at approximately $28,000. Erste Asset Management GmbH purchased a new position in Keysight Technologies in the 3rd quarter valued at approximately $29,000. Goodman Advisory Group LLC acquired a new position in Keysight Technologies during the third quarter worth $35,000. Groupama Asset Managment boosted its position in 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 purchasing an additional 9,437 shares in the last quarter. Finally, Prospera Private Wealth LLC purchased a new position in shares of Keysight Technologies in the third quarter valued at $57,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Buying and Selling

In other news, SVP Jeffrey K. Li sold 4,412 shares of the company’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the completion of the transaction, the senior vice president now directly owns 30,637 shares in the company, valued at approximately $5,267,113.04. This represents a 12.59 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction 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 sale, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 33,063 shares of company stock valued at $5,573,941. 0.61% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Morgan Stanley raised their target price on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Bank of America increased their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a report on Wednesday, November 20th. Robert W. Baird boosted their price target on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus price target of $180.80.

Keysight Technologies Trading Down 1.8 %

Shares of KEYS opened at $174.43 on Friday. The stock’s fifty day simple moving average is $167.55 and its 200 day simple moving average is $156.25. The firm has a market capitalization of $30.16 billion, a P/E ratio of 49.84, a price-to-earnings-growth ratio of 2.25 and a beta of 1.02. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $180.26.

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.