Insider Selling: Keysight Technologies, Inc. (NYSE:KEYS) CFO Sells 3,632 Shares of Stock

Keysight Technologies, Inc. (NYSE:KEYS) CFO Neil Dougherty sold 3,632 shares of the firm’s stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the sale, the chief financial officer now owns 115,063 shares of the company’s stock, valued at $17,834,765. This trade represents a 3.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Keysight Technologies Stock Up 0.1 %

NYSE:KEYS opened at $149.93 on Wednesday. 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 52 week low of $119.72 and a 52 week high of $186.20. The stock has a 50 day moving average of $165.33 and a 200-day moving average of $162.48. The firm has a market capitalization of $25.91 billion, a PE ratio of 42.84, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on KEYS. StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Robert W. Baird raised their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Finally, Wells Fargo & Company raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and a consensus target price of $184.44.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Cerity Partners LLC raised its stake in shares of Keysight Technologies by 12.9% in the 3rd quarter. Cerity Partners LLC now owns 9,994 shares of the scientific and technical instruments company’s stock worth $1,588,000 after buying an additional 1,140 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in Keysight Technologies by 1.9% during the third quarter. The Manufacturers Life Insurance Company now owns 107,592 shares of the scientific and technical instruments company’s stock worth $17,100,000 after acquiring an additional 2,013 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Keysight Technologies by 10.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 33,563 shares of the scientific and technical instruments company’s stock worth $5,334,000 after acquiring an additional 3,293 shares in the last quarter. Public Sector Pension Investment Board lifted its holdings in Keysight Technologies by 13.5% in the 3rd quarter. Public Sector Pension Investment Board now owns 7,579 shares of the scientific and technical instruments company’s stock valued at $1,205,000 after acquiring an additional 900 shares during the last quarter. Finally, Captrust Financial Advisors boosted its position in shares of Keysight Technologies by 27.6% during the 3rd quarter. Captrust Financial Advisors now owns 6,940 shares of the scientific and technical instruments company’s stock valued at $1,103,000 after purchasing an additional 1,502 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

About Keysight Technologies

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.