Blue Grotto Capital LLC boosted its stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 40.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 235,455 shares of the scientific and technical instruments company’s stock after buying an additional 67,818 shares during the quarter. Keysight Technologies makes up approximately 4.9% of Blue Grotto Capital LLC’s investment portfolio, making the stock its 9th biggest holding. Blue Grotto Capital LLC’s holdings in Keysight Technologies were worth $47,842,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Quarry LP purchased a new stake in Keysight Technologies during the 4th quarter valued at $25,000. Optiver Holding B.V. purchased a new stake in Keysight Technologies during the 3rd quarter valued at $35,000. Entrust Financial LLC purchased a new stake in Keysight Technologies during the 4th quarter valued at $45,000. Atlantic Edge Private Wealth Management LLC raised its holdings in Keysight Technologies by 497.7% during the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 257 shares of the scientific and technical instruments company’s stock valued at $52,000 after buying an additional 214 shares during the period. Finally, Atlas Capital Advisors Inc. purchased a new stake in Keysight Technologies during the 4th quarter valued at $57,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.
Insiders Place Their Bets
In other Keysight Technologies news, SVP Jeffrey K. Li sold 2,000 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $297.19, for a total value of $594,380.00. Following the sale, the senior vice president owned 34,499 shares in the company, valued at $10,252,757.81. This trade represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Satish Dhanasekaran sold 1,667 shares of the stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $300.00, for a total value of $500,100.00. Following the completion of the sale, the chief executive officer owned 122,398 shares in the company, valued at approximately $36,719,400. The trade was a 1.34% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 10,334 shares of company stock worth $3,214,390. 0.40% of the stock is currently owned by company insiders.
Keysight Technologies Stock Performance
Keysight Technologies (NYSE:KEYS – Get Free Report) last released its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.55. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The business had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same quarter last year, the firm posted $1.70 earnings per share. The business’s revenue was up 31.5% compared to the same quarter last year. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. Analysts predict that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the company. Citigroup increased their price target on Keysight Technologies from $320.00 to $396.00 and gave the company a “buy” rating in a report on Thursday, May 21st. UBS Group increased their price target on Keysight Technologies from $340.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Morgan Stanley increased their price target on Keysight Technologies from $305.00 to $350.00 and gave the company an “equal weight” rating in a report on Wednesday, May 20th. Wall Street Zen upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Finally, Bank of America upgraded Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price target on the stock in a report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Keysight Technologies presently has an average rating of “Moderate Buy” and an average target price of $371.92.
Read Our Latest Research Report on Keysight Technologies
Keysight Technologies Company Profile
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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