Twin Tree Management LP Sells 191,170 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Twin Tree Management LP reduced its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 98.0% in the first quarter, HoldingsChannel.com reports. The fund owned 3,960 shares of the scientific and technical instruments company’s stock after selling 191,170 shares during the quarter. Twin Tree Management LP’s holdings in Keysight Technologies were worth $619,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Venturi Wealth Management LLC grew its stake in shares of Keysight Technologies by 145.9% in the 4th quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 159 shares during the period. Everence Capital Management Inc. grew its stake in shares of Keysight Technologies by 161.6% in the 4th quarter. Everence Capital Management Inc. now owns 20,071 shares of the scientific and technical instruments company’s stock valued at $3,193,000 after buying an additional 12,400 shares during the period. TD Asset Management Inc grew its stake in shares of Keysight Technologies by 5.8% in the 4th quarter. TD Asset Management Inc now owns 467,818 shares of the scientific and technical instruments company’s stock valued at $74,425,000 after buying an additional 25,654 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of Keysight Technologies by 102.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 698,336 shares of the scientific and technical instruments company’s stock valued at $111,099,000 after buying an additional 353,768 shares during the period. Finally, Benjamin F. Edwards & Company Inc. grew its stake in shares of Keysight Technologies by 68.4% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,808 shares of the scientific and technical instruments company’s stock valued at $447,000 after buying an additional 1,141 shares during the period. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, VP Lisa M. Poole sold 440 shares of the company’s stock in a transaction dated Monday, June 17th. The shares were 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 of the company’s stock, valued at $533,928.85. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, Director Kevin A. Stephens purchased 460 shares of the business’s stock in a transaction on Tuesday, May 28th. The stock was 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 in the company, valued at $1,101,071.35. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Lisa M. Poole sold 440 shares of the firm’s stock in a transaction 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 sale, the vice president now 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 owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently commented on KEYS. Robert W. Baird raised their target price on Keysight Technologies from $155.00 to $167.00 and gave the company an “outperform” rating in a research note on Tuesday, May 21st. Susquehanna cut their price target on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating for the company in a research note on Tuesday, May 21st. Finally, Barclays lifted their price target on Keysight Technologies from $141.00 to $151.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $166.33.

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $137.40 on Friday. The company has a quick ratio of 1.48, a current ratio of 1.99 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $23.98 billion, a PE ratio of 29.93, a PEG ratio of 4.74 and a beta of 0.95. The stock’s 50 day moving average price is $140.76 and its 200-day moving average price is $148.72. Keysight Technologies, Inc. has a twelve month low of $118.57 and a twelve month high of $171.40.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.01. Keysight Technologies had a return on equity of 23.79% and a net margin of 15.70%. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.20 billion. On average, equities analysts anticipate that Keysight Technologies, Inc. will post 5.25 EPS for the current year.

Keysight Technologies 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.