Keysight Technologies Inc. (NYSE:KEYS) insider Ronald S. Nersesian sold 75,314 shares of the firm’s stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $43.06, for a total value of $3,243,020.84. Following the completion of the sale, the insider now directly owns 356,816 shares of the company’s stock, valued at approximately $15,364,496.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Keysight Technologies Inc. (NYSE:KEYS) traded up $0.63 during trading hours on Monday, hitting $43.35. The company had a trading volume of 1,803,300 shares, compared to its average volume of 873,854. The stock has a market capitalization of $8,035.70, a PE ratio of 19.27, a price-to-earnings-growth ratio of 2.22 and a beta of 1.13. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.94 and a current ratio of 2.66. Keysight Technologies Inc. has a one year low of $35.05 and a one year high of $45.65.

Keysight Technologies (NYSE:KEYS) last announced its earnings results on Wednesday, December 6th. The scientific and technical instruments company reported $0.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.59 by $0.12. Keysight Technologies had a return on equity of 19.79% and a net margin of 3.20%. The company had revenue of $878.00 million for the quarter, compared to analysts’ expectations of $891.55 million. During the same quarter in the previous year, the firm earned $0.64 earnings per share. Keysight Technologies’s quarterly revenue was up 16.9% on a year-over-year basis. analysts anticipate that Keysight Technologies Inc. will post 2.39 earnings per share for the current year.

A number of hedge funds have recently bought and sold shares of KEYS. Bank of Montreal Can boosted its position in Keysight Technologies by 2.5% in the second quarter. Bank of Montreal Can now owns 8,977 shares of the scientific and technical instruments company’s stock worth $349,000 after purchasing an additional 217 shares during the last quarter. Russell Investments Group Ltd. boosted its position in Keysight Technologies by 52.4% in the second quarter. Russell Investments Group Ltd. now owns 50,069 shares of the scientific and technical instruments company’s stock worth $1,950,000 after purchasing an additional 17,214 shares during the last quarter. Public Employees Retirement Association of Colorado boosted its position in Keysight Technologies by 1.1% in the second quarter. Public Employees Retirement Association of Colorado now owns 35,167 shares of the scientific and technical instruments company’s stock worth $1,369,000 after purchasing an additional 367 shares during the last quarter. NGAM Advisors L.P. purchased a new position in Keysight Technologies in the second quarter worth $796,000. Finally, Sei Investments Co. boosted its position in Keysight Technologies by 7.0% in the second quarter. Sei Investments Co. now owns 85,643 shares of the scientific and technical instruments company’s stock worth $3,334,000 after purchasing an additional 5,602 shares during the last quarter. 89.20% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have commented on the company. BidaskClub raised Keysight Technologies from a “sell” rating to a “hold” rating in a research note on Monday, September 18th. Robert W. Baird reissued a “buy” rating and issued a $48.00 price objective on shares of Keysight Technologies in a research note on Friday, October 6th. Stifel Nicolaus reaffirmed a “hold” rating and set a $40.00 target price on shares of Keysight Technologies in a research report on Friday, September 1st. Credit Suisse Group lifted their target price on Keysight Technologies from $45.50 to $49.00 and gave the company an “outperform” rating in a research report on Thursday, August 31st. Finally, Zacks Investment Research cut Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $47.67.

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About Keysight Technologies

Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.

Insider Buying and Selling by Quarter for Keysight Technologies (NYSE:KEYS)

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