KEYW (KEYW) Upgraded to “Buy” at BidaskClub

KEYW (NASDAQ:KEYW) was upgraded by BidaskClub from a “hold” rating to a “buy” rating in a report released on Saturday.

KEYW has been the subject of a number of other research reports. SunTrust Banks reissued a “buy” rating and issued a $13.00 price objective on shares of KEYW in a research report on Friday, October 20th. Chardan Capital lowered shares of KEYW from a “buy” rating to a “neutral” rating in a research report on Wednesday, January 3rd. Stifel Nicolaus assumed coverage on shares of KEYW in a research report on Tuesday, November 21st. They issued a “hold” rating and a $6.00 price objective for the company. Zacks Investment Research lowered shares of KEYW from a “hold” rating to a “sell” rating in a research report on Wednesday, November 8th. Finally, Maxim Group cut their price objective on shares of KEYW from $13.00 to $10.00 and set a “buy” rating for the company in a research report on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $9.20.

KEYW (NASDAQ KEYW) traded down $0.11 during trading hours on Friday, hitting $6.37. 874,219 shares of the stock were exchanged, compared to its average volume of 591,573. The company has a current ratio of 1.48, a quick ratio of 1.25 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $322.67, a price-to-earnings ratio of -10.98 and a beta of 0.81. KEYW has a twelve month low of $4.94 and a twelve month high of $12.40.

In related news, CFO Michael J. Alber purchased 19,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The stock was purchased at an average price of $5.36 per share, with a total value of $101,840.00. Following the completion of the transaction, the chief financial officer now owns 19,000 shares of the company’s stock, valued at approximately $101,840. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Philip Luci purchased 9,900 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The shares were bought at an average cost of $5.05 per share, with a total value of $49,995.00. The disclosure for this purchase can be found here. Insiders have purchased 38,900 shares of company stock valued at $203,735 in the last ninety days. 4.62% of the stock is currently owned by company insiders.

A number of hedge funds have recently modified their holdings of the stock. Neuberger Berman Group LLC increased its position in KEYW by 5.7% during the third quarter. Neuberger Berman Group LLC now owns 4,051,773 shares of the software maker’s stock worth $30,834,000 after purchasing an additional 217,613 shares during the last quarter. Stephens Investment Management Group LLC increased its position in KEYW by 15.5% during the third quarter. Stephens Investment Management Group LLC now owns 2,444,979 shares of the software maker’s stock worth $18,606,000 after purchasing an additional 328,821 shares during the last quarter. ETF Managers Group LLC acquired a new position in KEYW during the second quarter worth approximately $21,484,000. Macquarie Group Ltd. increased its position in KEYW by 3.8% during the third quarter. Macquarie Group Ltd. now owns 1,861,230 shares of the software maker’s stock worth $14,164,000 after purchasing an additional 68,307 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in KEYW by 4.4% during the second quarter. Vanguard Group Inc. now owns 1,855,764 shares of the software maker’s stock worth $17,351,000 after purchasing an additional 78,988 shares during the last quarter. 96.30% of the stock is owned by hedge funds and other institutional investors.

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About KEYW

The KeyW Holding Corporation is a holding company. The Company is a provider of engineering and technology solutions to support the collection, processing, analysis and dissemination of information across the full spectrum of the Intelligence, cyber and counterterrorism communities missions. It operates through Government Solutions segment.

Analyst Recommendations for KEYW (NASDAQ:KEYW)

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