Insider Selling: Keysight Technologies, Inc. (NYSE:KEYS) CFO Sells 3,632 Shares of Stock

Keysight Technologies, Inc. (NYSE:KEYS) CFO Neil Dougherty sold 3,632 shares of the firm’s stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the sale, the chief financial officer now owns 115,063 shares in the company, valued at $17,834,765. The trade was a 3.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Keysight Technologies Price Performance

Shares of NYSE:KEYS opened at $150.40 on Monday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $186.20. The company has a 50-day simple moving average of $166.07 and a 200-day simple moving average of $162.48. The stock has a market capitalization of $25.99 billion, a price-to-earnings ratio of 42.97, a PEG ratio of 2.41 and a beta of 1.10.

Wall Street Analyst Weigh In

A number of analysts have weighed in on KEYS shares. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price target for the company from $170.00 to $200.00 in a research note on Monday, December 16th. Robert W. Baird increased their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Finally, Wells Fargo & Company lifted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, Keysight Technologies presently has an average rating of “Moderate Buy” and an average price target of $184.44.

Institutional Trading of Keysight Technologies

A number of hedge funds have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. raised its stake in shares of Keysight Technologies by 3.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 55,379 shares of the scientific and technical instruments company’s stock worth $8,896,000 after purchasing an additional 1,755 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its position in Keysight Technologies by 26.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,567 shares of the scientific and technical instruments company’s stock worth $3,018,000 after buying an additional 3,857 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in shares of Keysight Technologies by 8.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 27,694 shares of the scientific and technical instruments company’s stock worth $4,448,000 after acquiring an additional 2,260 shares during the period. Portfolio Design Labs LLC increased its stake in shares of Keysight Technologies by 17.7% during the fourth quarter. Portfolio Design Labs LLC now owns 15,554 shares of the scientific and technical instruments company’s stock worth $2,498,000 after acquiring an additional 2,336 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Keysight Technologies by 7.9% during the third quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock worth $697,411,000 after purchasing an additional 323,235 shares in the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

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.