Ashton Thomas Private Wealth LLC Increases Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Ashton Thomas Private Wealth LLC grew its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 24.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,090 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,410 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Keysight Technologies were worth $1,139,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in KEYS. Truvestments Capital LLC purchased a new position in Keysight Technologies in the third quarter valued at $28,000. Erste Asset Management GmbH acquired a new stake in Keysight Technologies in the 3rd quarter valued at about $29,000. Goodman Advisory Group LLC acquired a new stake in Keysight Technologies in the 3rd quarter valued at about $35,000. Venturi Wealth Management LLC boosted its stake in shares of Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 133 shares during the period. Finally, Versant Capital Management Inc grew its position in shares of Keysight Technologies by 79.4% during the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock worth $57,000 after buying an additional 158 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Transactions at Keysight Technologies

In other news, 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 completion of the sale, the senior vice president now owns 85,829 shares in the company, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.61% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. StockNews.com raised shares of Keysight Technologies from a “buy” rating to a “strong-buy” rating in a report on Monday, March 3rd. Morgan Stanley raised their price objective 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. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their target price for the company from $170.00 to $200.00 in a report on Monday, December 16th. Robert W. Baird upped their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Finally, Susquehanna reissued a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $184.44.

Keysight Technologies Trading Up 1.0 %

KEYS opened at $156.09 on Monday. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The business’s 50 day moving average is $169.00 and its two-hundred day moving average is $162.16. The firm has a market cap of $26.99 billion, a price-to-earnings ratio of 44.60, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10.

Keysight Technologies 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.