Thoroughbred Financial Services LLC Sells 1,507 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Thoroughbred Financial Services LLC trimmed its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 49.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,515 shares of the scientific and technical instruments company’s stock after selling 1,507 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in Keysight Technologies were worth $236,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in KEYS. Rise Advisors LLC bought a new position in shares of Keysight Technologies in the first quarter worth approximately $25,000. Larson Financial Group LLC bought a new position in shares of Keysight Technologies in the first quarter worth approximately $31,000. Venturi Wealth Management LLC boosted its position in shares of Keysight Technologies by 145.9% in the fourth quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock worth $43,000 after purchasing an additional 159 shares during the period. EdgeRock Capital LLC bought a new position in shares of Keysight Technologies in the fourth quarter worth approximately $46,000. Finally, GAMMA Investing LLC bought a new position in shares of Keysight Technologies in the fourth quarter worth approximately $48,000. 84.58% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on KEYS shares. Robert W. Baird boosted their target price on shares of Keysight Technologies from $155.00 to $167.00 and gave the stock an “outperform” rating in a report on Tuesday, May 21st. Susquehanna lowered their target price on shares of Keysight Technologies from $208.00 to $195.00 and set a “positive” rating on the stock in a report on Tuesday, May 21st. Finally, Barclays boosted their target price on shares of Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 21st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $166.33.

Insiders Place Their Bets

In other Keysight Technologies news, VP Lisa M. Poole sold 440 shares of the firm’s stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $136.45, for a total transaction of $60,038.00. Following the completion of the transaction, the vice president now directly owns 3,913 shares of the company’s stock, valued at approximately $533,928.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other news, Director Kevin A. Stephens acquired 460 shares of the company’s stock in a transaction dated Tuesday, May 28th. The shares were acquired at an average price of $143.35 per share, with a total value of $65,941.00. Following the purchase, the director now directly owns 7,681 shares of the company’s stock, valued at $1,101,071.35. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Lisa M. Poole sold 440 shares of the firm’s stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $136.45, for a total transaction of $60,038.00. Following the sale, the vice president now directly owns 3,913 shares in the company, valued at approximately $533,928.85. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by insiders.

Keysight Technologies Stock Up 1.9 %

Shares of KEYS stock traded up $2.70 during mid-day trading on Tuesday, hitting $148.23. 428,954 shares of the stock traded hands, compared to its average volume of 1,195,369. The stock has a market cap of $25.87 billion, a P/E ratio of 32.15, a P/E/G ratio of 4.91 and a beta of 0.95. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.99 and a quick ratio of 1.48. The stock’s fifty day moving average is $141.33 and its two-hundred day moving average is $149.07. Keysight Technologies, Inc. has a 52-week low of $118.57 and a 52-week high of $172.72.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Monday, May 20th. The scientific and technical instruments company reported $1.24 EPS for the quarter, beating the consensus estimate of $1.23 by $0.01. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.20 billion. Keysight Technologies had a net margin of 15.70% and a return on equity of 23.79%. Equities analysts predict that Keysight Technologies, Inc. will post 5.25 EPS for the current year.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.