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 firm’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the sale, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Keysight Technologies Trading Up 1.8 %

NYSE:KEYS opened at $163.80 on Friday. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $175.39. The company’s 50-day simple moving average is $163.13 and its 200 day simple moving average is $151.11. The firm has a market capitalization of $28.37 billion, a P/E ratio of 46.80, a PEG ratio of 2.12 and a beta of 1.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on KEYS shares. Bank of America increased their price objective on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft raised their price target on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $170.00 to $200.00 in a research report on Monday, December 16th. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Friday, December 27th. Finally, Morgan Stanley increased their price target 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 equities research analyst has rated the stock with a sell rating and ten have given a buy rating to the company’s stock. According to MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $180.80.

Institutional Trading of Keysight Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC raised its stake in 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 buying an additional 323,235 shares during the last quarter. Swedbank AB increased its holdings in shares of Keysight Technologies by 7.1% during the third 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 in the last quarter. Fort Pitt Capital Group LLC raised its position in shares of Keysight Technologies by 59.1% in the 3rd quarter. Fort Pitt Capital Group LLC now owns 686,704 shares of the scientific and technical instruments company’s stock worth $109,138,000 after purchasing an additional 254,985 shares during the last quarter. D. E. Shaw & Co. Inc. boosted its stake in Keysight Technologies by 506.3% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 300,903 shares of the scientific and technical instruments company’s stock worth $41,148,000 after purchasing an additional 251,274 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC increased its stake in Keysight Technologies by 27.6% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock valued at $158,692,000 after purchasing an additional 216,564 shares in the last quarter. Hedge funds and other 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.