Keysight Technologies, Inc. (NYSE:KEYS) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Keysight Technologies, Inc. (NYSE:KEYS) have been given an average recommendation of “Moderate Buy” by the ten research firms that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $180.80.

Several research firms have recently weighed in on KEYS. StockNews.com downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, January 9th. Robert W. Baird upped their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Bank of America upped their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday, November 20th. Finally, Barclays upped their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th.

Insider Buying and Selling at Keysight Technologies

In other 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 directly owns 30,637 shares in the company, valued at approximately $5,267,113.04. This represents a 12.59 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Satish Dhanasekaran sold 17,822 shares of the company’s 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 transaction, the chief executive officer now owns 116,582 shares in the company, valued at approximately $19,779,302.12. This represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 33,063 shares of company stock worth $5,573,941 in the last ninety days. 0.60% of the stock is owned by insiders.

Hedge Funds Weigh In On Keysight Technologies

Several large investors have recently made changes to their positions in the stock. Truvestments Capital LLC purchased a new stake in Keysight Technologies during the 3rd quarter worth approximately $28,000. Erste Asset Management GmbH purchased a new stake in Keysight Technologies during the 3rd quarter worth approximately $29,000. American National Bank & Trust purchased a new stake in Keysight Technologies during the 3rd quarter worth approximately $31,000. Goodman Advisory Group LLC purchased a new stake in Keysight Technologies during the 3rd quarter worth approximately $35,000. Finally, Versant Capital Management Inc increased its stake in Keysight Technologies by 79.4% during the 4th 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 during the period. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Keysight Technologies Stock Up 1.0 %

Shares of NYSE KEYS opened at $172.74 on Thursday. The company’s 50-day simple moving average is $165.27 and its 200-day simple moving average is $153.89. Keysight Technologies has a 52-week low of $119.72 and a 52-week high of $175.39. The firm has a market cap of $29.91 billion, a price-to-earnings ratio of 49.35, a price-to-earnings-growth ratio of 2.10 and a beta of 1.02. 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 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.