Diversify Wealth Management LLC acquired a new stake in Keysight Technologies Inc. (NYSE:KEYS – Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,696 shares of the scientific and technical instruments company’s stock, valued at approximately $479,000.
Several other institutional investors have also recently made changes to their positions in KEYS. WPG Advisers LLC increased its holdings in Keysight Technologies by 16.5% during the 1st quarter. WPG Advisers LLC now owns 219 shares of the scientific and technical instruments company’s stock worth $62,000 after acquiring an additional 31 shares during the period. Drucker Wealth 3.0 LLC boosted its holdings in Keysight Technologies by 2.8% in the 1st quarter. Drucker Wealth 3.0 LLC now owns 1,260 shares of the scientific and technical instruments company’s stock valued at $356,000 after purchasing an additional 34 shares during the period. Kestra Private Wealth Services LLC boosted its holdings in Keysight Technologies by 3.5% in the 1st quarter. Kestra Private Wealth Services LLC now owns 1,201 shares of the scientific and technical instruments company’s stock valued at $339,000 after purchasing an additional 41 shares during the period. Anchyra Partners LLC grew its position in shares of Keysight Technologies by 3.7% during the 1st quarter. Anchyra Partners LLC now owns 1,404 shares of the scientific and technical instruments company’s stock valued at $396,000 after purchasing an additional 50 shares in the last quarter. Finally, Haven Private LLC increased its holdings in shares of Keysight Technologies by 1.3% in the fourth quarter. Haven Private LLC now owns 4,063 shares of the scientific and technical instruments company’s stock worth $826,000 after purchasing an additional 52 shares during the period. Hedge funds and other institutional investors own 84.58% of the company’s stock.
Keysight Technologies Price Performance
Shares of Keysight Technologies stock opened at $315.70 on Friday. The company’s fifty day simple moving average is $340.35 and its two-hundred day simple moving average is $294.73. Keysight Technologies Inc. has a 12-month low of $152.85 and a 12-month high of $374.96. The firm has a market cap of $53.95 billion, a PE ratio of 51.92, a price-to-earnings-growth ratio of 1.78 and a beta of 1.21. The company has a quick ratio of 1.51, a current ratio of 1.90 and a debt-to-equity ratio of 0.29.
Insider Activity at Keysight Technologies
In related news, SVP Ingrid A. Estrada sold 2,000 shares of Keysight Technologies stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $340.87, for a total transaction of $681,740.00. Following the sale, the senior vice president directly owned 105,861 shares in the company, valued at $36,084,839.07. The trade was a 1.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Cullen sold 3,000 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total value of $1,039,740.00. Following the completion of the sale, the director directly owned 21,821 shares in the company, valued at approximately $7,562,722.18. The trade was a 12.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 5,507 shares of company stock worth $1,904,669 over the last 90 days. 0.40% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
KEYS has been the topic of a number of research analyst reports. UBS Group upped their target price on Keysight Technologies from $340.00 to $420.00 and gave the stock a “buy” rating in a research note on Wednesday, May 20th. Morgan Stanley lifted their price target on Keysight Technologies from $305.00 to $350.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 20th. Wells Fargo & Company upped their price objective on shares of Keysight Technologies from $300.00 to $390.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. The Goldman Sachs Group restated a “buy” rating on shares of Keysight Technologies in a research report on Wednesday, May 20th. Finally, Zacks Research raised shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $371.92.
View Our Latest Analysis on Keysight Technologies
About Keysight Technologies
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.
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