Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky lessened its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 68.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 13,132 shares of the scientific and technical instruments company’s stock after selling 28,478 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Keysight Technologies were worth $2,087,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Geode Capital Management LLC increased its stake in shares of Keysight Technologies by 7.9% during the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock valued at $697,411,000 after acquiring an additional 323,235 shares during the period. Goodman Advisory Group LLC bought a new position in Keysight Technologies during the 3rd quarter valued at $35,000. Executive Wealth Management LLC acquired a new position in shares of Keysight Technologies during the 3rd quarter valued at $205,000. Peloton Wealth Strategists raised its stake in shares of Keysight Technologies by 4.3% in the 3rd quarter. Peloton Wealth Strategists now owns 4,845 shares of the scientific and technical instruments company’s stock worth $770,000 after buying an additional 200 shares in the last quarter. Finally, Groupama Asset Managment lifted its holdings in shares of Keysight Technologies by 76.6% in the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after buying an additional 9,437 shares during the period. Institutional investors own 84.58% of the company’s stock.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, SVP Jeffrey K. Li sold 4,412 shares of the company’s stock in a transaction that occurred 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 transaction, the senior vice president now owns 30,637 shares in the company, valued at approximately $5,267,113.04. This represents a 12.59 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the sale, the chief executive officer now owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. The trade was a 13.26 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 27,063 shares of company stock valued at $4,603,201. Company insiders own 0.60% of the company’s stock.

Keysight Technologies Price Performance

Shares of NYSE:KEYS opened at $170.88 on Tuesday. The company’s fifty day moving average is $161.62 and its two-hundred day moving average is $148.78. The company has a market cap of $29.66 billion, a P/E ratio of 48.82, a price-to-earnings-growth ratio of 2.15 and a beta of 1.00. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $175.39. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Analysts Set New Price Targets

A number of research analysts recently issued reports on KEYS shares. Wells Fargo & Company reaffirmed an “overweight” rating and set a $180.00 target price on shares of Keysight Technologies in a report on Wednesday, August 21st. Bank of America boosted their target price on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. StockNews.com lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, November 23rd. Morgan Stanley lifted their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Finally, Susquehanna reiterated a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.

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.