Keysight Technologies, Inc. (NYSE:KEYS) CEO Satish Dhanasekaran Sells 17,822 Shares

Keysight Technologies, Inc. (NYSE:KEYS) CEO Satish Dhanasekaran sold 17,822 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the sale, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. This represents a 13.26 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $170.99 on Wednesday. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $175.39. The firm has a 50 day moving average of $159.17 and a two-hundred day moving average of $147.21. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $29.67 billion, a PE ratio of 48.85, a P/E/G ratio of 2.20 and a beta of 1.00.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on KEYS shares. Morgan Stanley lifted their target price on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. boosted their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a report on Wednesday, August 21st. Barclays increased their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday, November 20th. Finally, Wells Fargo & Company restated an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a report on Wednesday, August 21st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, Keysight Technologies has a consensus rating of “Moderate Buy” and an average price target of $177.30.

Hedge Funds Weigh In On Keysight Technologies

A number of institutional investors and hedge funds have recently modified their holdings of the company. Cetera Investment Advisers boosted its stake in Keysight Technologies by 165.2% in the first quarter. Cetera Investment Advisers now owns 23,339 shares of the scientific and technical instruments company’s stock valued at $3,650,000 after acquiring an additional 14,538 shares in the last quarter. Cetera Advisors LLC grew its position in Keysight Technologies by 72.9% in the 1st quarter. Cetera Advisors LLC now owns 6,448 shares of the scientific and technical instruments company’s stock valued at $1,008,000 after buying an additional 2,718 shares during the last quarter. GAMMA Investing LLC raised its position in Keysight Technologies by 57.8% during the 2nd quarter. GAMMA Investing LLC now owns 524 shares of the scientific and technical instruments company’s stock worth $72,000 after buying an additional 192 shares during the last quarter. Valeo Financial Advisors LLC increased its stake in shares of Keysight Technologies by 3.6% during the second quarter. Valeo Financial Advisors LLC now owns 2,508 shares of the scientific and technical instruments company’s stock worth $343,000 after acquiring an additional 88 shares during the period. Finally, Guinness Asset Management LTD raised its holdings in Keysight Technologies by 3.3% during the second quarter. Guinness Asset Management LTD now owns 3,191 shares of the scientific and technical instruments company’s stock worth $436,000 after purchasing an additional 103 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

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.