Insider Selling: Keysight Technologies (NYSE:KEYS) Director Sells $8,578,800.00 in Stock

Keysight Technologies Inc. (NYSE:KEYSGet Free Report) Director Ronald Nersesian sold 30,000 shares of the company’s stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $285.96, for a total transaction of $8,578,800.00. Following the completion of the sale, the director directly owned 163,377 shares of the company’s stock, valued at approximately $46,719,286.92. This trade represents a 15.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Keysight Technologies Stock Down 4.4%

Shares of Keysight Technologies stock opened at $277.54 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.60 and a quick ratio of 2.02. The stock has a market cap of $47.60 billion, a price-to-earnings ratio of 50.01, a PEG ratio of 2.16 and a beta of 1.12. The firm’s 50-day moving average is $249.57 and its two-hundred day moving average is $207.44. Keysight Technologies Inc. has a 1 year low of $121.43 and a 1 year high of $317.00.

Keysight Technologies (NYSE:KEYSGet Free Report) last posted its quarterly earnings results on Monday, February 23rd. The scientific and technical instruments company reported $2.17 EPS for the quarter, beating the consensus estimate of $2.00 by $0.17. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same quarter in the previous year, the business posted $1.82 EPS. The company’s quarterly revenue was up 23.3% compared to the same quarter last year. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. As a group, research analysts expect that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Keysight Technologies declared that its Board of Directors has initiated a stock buyback plan on Monday, November 24th that allows the company to buyback $1.50 billion in outstanding shares. This buyback authorization allows the scientific and technical instruments company to purchase up to 4.9% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

KEYS has been the topic of several recent research reports. Robert W. Baird increased their target price on Keysight Technologies from $230.00 to $257.00 and gave the company an “outperform” rating in a research report on Friday, February 20th. UBS Group boosted their price target on Keysight Technologies from $230.00 to $340.00 and gave the stock a “buy” rating in a research report on Tuesday, February 24th. Weiss Ratings restated a “hold (c)” rating on shares of Keysight Technologies in a research note on Monday, December 29th. The Goldman Sachs Group raised their price objective on Keysight Technologies from $243.00 to $322.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Finally, Susquehanna reiterated a “positive” rating and issued a $300.00 target price on shares of Keysight Technologies in a research note on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $295.36.

Check Out Our Latest Analysis on KEYS

Institutional Trading of Keysight Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in KEYS. Paradiem LLC acquired a new position in shares of Keysight Technologies during the third quarter valued at about $979,000. Madison Asset Management LLC boosted its stake in Keysight Technologies by 7.6% in the 3rd quarter. Madison Asset Management LLC now owns 571,222 shares of the scientific and technical instruments company’s stock worth $99,918,000 after purchasing an additional 40,153 shares in the last quarter. National Pension Service grew its position in Keysight Technologies by 2.4% during the 3rd quarter. National Pension Service now owns 291,237 shares of the scientific and technical instruments company’s stock worth $50,943,000 after purchasing an additional 6,957 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Keysight Technologies during the 2nd quarter valued at approximately $621,000. Finally, JPMorgan Chase & Co. increased its stake in Keysight Technologies by 3.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,107,655 shares of the scientific and technical instruments company’s stock valued at $181,507,000 after purchasing an additional 33,768 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Keysight Technologies Company Profile

(Get Free Report)

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.

Further Reading

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

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