Keysight Technologies (NYSE:KEYS – Free Report) had its price objective upped by Wells Fargo & Company from $180.00 to $190.00 in a research report report published on Wednesday morning,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the scientific and technical instruments company’s stock.
A number of other research firms have also weighed in on KEYS. Barclays raised their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, February 22nd. Robert W. Baird lifted their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, November 20th. Susquehanna reaffirmed a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a research report on Wednesday, November 20th. Finally, Bank of America lifted their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $184.44.
Read Our Latest Report on Keysight Technologies
Keysight Technologies Trading Up 0.9 %
Insider Buying and Selling at Keysight Technologies
In other Keysight Technologies news, CEO Satish Dhanasekaran sold 17,822 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the transaction, the chief executive officer now owns 116,582 shares in the company, valued at $19,779,302.12. The trade was a 13.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the transaction, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 32,118 shares of company stock valued at $5,411,891 over the last quarter. 0.61% of the stock is owned by company insiders.
Hedge Funds Weigh In On Keysight Technologies
Institutional investors have recently modified their holdings of the business. Truvestments Capital LLC acquired a new position in shares of Keysight Technologies in the third quarter worth $28,000. Erste Asset Management GmbH acquired a new position in shares of Keysight Technologies in the third quarter worth $29,000. Goodman Advisory Group LLC acquired a new position in shares of Keysight Technologies in the third quarter worth $35,000. Groupama Asset Managment grew its stake in shares of Keysight Technologies by 76.6% during the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 9,437 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its stake in shares of Keysight Technologies by 100.8% during the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after purchasing an additional 133 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.
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.
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