Keysight Technologies Inc (KEYS) SVP Sells $513,849.84 in Stock

Keysight Technologies Inc (NYSE:KEYS) SVP Stephen D. Williams sold 12,296 shares of the stock in a transaction on Friday, December 29th. The stock was sold at an average price of $41.79, for a total transaction of $513,849.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of Keysight Technologies Inc (NYSE KEYS) traded up $0.60 during trading on Wednesday, reaching $42.75. 606,847 shares of the company’s stock were exchanged, compared to its average volume of 631,400. The company has a market cap of $8,010.00, a price-to-earnings ratio of 71.25 and a beta of 1.18. Keysight Technologies Inc has a 1-year low of $35.05 and a 1-year high of $45.65. 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 (NYSE:KEYS) last announced its quarterly earnings results on Wednesday, December 6th. The scientific and technical instruments company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.12. The business had revenue of $878.00 million for the quarter, compared to analyst estimates of $891.55 million. Keysight Technologies had a net margin of 3.20% and a return on equity of 19.79%. The company’s revenue was up 16.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.64 EPS. sell-side analysts expect that Keysight Technologies Inc will post 2.53 earnings per share for the current year.

Institutional investors have recently made changes to their positions in the business. Hahn Capital Management LLC lifted its position in shares of Keysight Technologies by 1.0% in the 3rd quarter. Hahn Capital Management LLC now owns 1,021,825 shares of the scientific and technical instruments company’s stock worth $42,569,000 after purchasing an additional 9,703 shares during the period. California Public Employees Retirement System lifted its position in shares of Keysight Technologies by 5.2% in the 3rd quarter. California Public Employees Retirement System now owns 400,222 shares of the scientific and technical instruments company’s stock worth $16,673,000 after purchasing an additional 19,722 shares during the period. Point72 Asset Management L.P. lifted its position in shares of Keysight Technologies by 146.4% in the 3rd quarter. Point72 Asset Management L.P. now owns 322,600 shares of the scientific and technical instruments company’s stock worth $13,440,000 after purchasing an additional 191,700 shares during the period. Janus Henderson Group PLC lifted its position in shares of Keysight Technologies by 32.7% in the 3rd quarter. Janus Henderson Group PLC now owns 53,915 shares of the scientific and technical instruments company’s stock worth $2,246,000 after purchasing an additional 13,284 shares during the period. Finally, Mastrapasqua Asset Management Inc. lifted its position in shares of Keysight Technologies by 95.2% in the 3rd quarter. Mastrapasqua Asset Management Inc. now owns 28,125 shares of the scientific and technical instruments company’s stock worth $1,172,000 after purchasing an additional 13,715 shares during the period. 88.28% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts recently commented on KEYS shares. Jefferies Group reaffirmed a “buy” rating and set a $52.00 target price on shares of Keysight Technologies in a report on Friday, October 20th. Zacks Investment Research lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Robert W. Baird reaffirmed a “buy” rating and set a $48.00 target price on shares of Keysight Technologies in a report on Friday, October 6th. TheStreet raised shares of Keysight Technologies from a “c” rating to a “b-” rating in a report on Tuesday, October 17th. Finally, BidaskClub raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Friday, October 13th. Three equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $47.60.

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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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