Insider Selling: Keysight Technologies, Inc. (NYSE:KEYS) SVP Sells $970,740.00 in Stock

Keysight Technologies, Inc. (NYSE:KEYS) SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Keysight Technologies Trading Up 0.1 %

Shares of KEYS opened at $160.84 on Friday. The company’s fifty day simple moving average is $162.98 and its 200-day simple moving average is $150.92. The company has a market cap of $27.85 billion, a P/E ratio of 45.95, a P/E/G ratio of 2.12 and a beta of 1.00. 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 $175.39.

Analyst Upgrades and Downgrades

KEYS has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft increased their price target on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Robert W. Baird increased their target price on Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, December 27th. Bank of America increased their price objective 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. Finally, Morgan Stanley lifted their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $180.80.

Institutional Trading of Keysight Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State Street Corp grew its stake in shares of Keysight Technologies by 2.5% during the third quarter. State Street Corp now owns 7,857,378 shares of the scientific and technical instruments company’s stock valued at $1,248,773,000 after buying an additional 194,294 shares during the last quarter. Swedbank AB boosted its holdings in Keysight Technologies by 7.1% during the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after acquiring an additional 292,372 shares during the period. Geode Capital Management LLC grew its position in Keysight Technologies by 7.9% in the 3rd 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 last quarter. Dimensional Fund Advisors LP increased its stake in Keysight Technologies by 14.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,122,309 shares of the scientific and technical instruments company’s stock worth $153,470,000 after purchasing an additional 141,062 shares during the period. Finally, Vontobel Holding Ltd. lifted its position in shares of Keysight Technologies by 1.0% during the third quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock worth $171,830,000 after purchasing an additional 10,579 shares during the last quarter. 84.58% of the stock is owned by hedge funds and other institutional investors.

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.