The KEYW Holding Corporation (KEYW) Lowered to Sell at Zacks Investment Research

The KEYW Holding Corporation (NASDAQ:KEYW) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Wednesday, November 8th.

According to Zacks, “KEYW Corporation with its subsidiaries is engaged in providing mission-critical cyber security and cyber superiority solutions to defense, intelligence and national security agencies. Its solutions, services and products support the collection, processing, analysis, and use of intelligence data and information in the domain of cyberspace. The Company provides a full range of engineering services as well as fully integrated platforms that support the entire intelligence process. Its platform includes products that it manufactures, as well as hardware and software that the Company integrates using its engineering services. Its current customers include the National Security Agency (NSA), other intelligence agencies, the Department of Defense (including major agencies and branches within the Department of Defense) and other federal defense and law enforcement agencies. KEYW Corporation is headquartered in Hanover, Maryland. “

Several other research analysts also recently commented on the company. Maxim Group cut their target price on The KEYW from $13.00 to $10.00 and set a “buy” rating for the company in a research note on Friday, November 3rd. BidaskClub downgraded The KEYW from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Drexel Hamilton upgraded The KEYW from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a research note on Friday, August 25th. SunTrust Banks, Inc. restated a “buy” rating and issued a $13.00 target price on shares of The KEYW in a research note on Friday, October 20th. Finally, Noble Financial restated a “hold” rating on shares of The KEYW in a research note on Friday, August 11th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $9.20.

Shares of The KEYW (NASDAQ KEYW) traded down $0.06 during midday trading on Wednesday, reaching $5.16. The company’s stock had a trading volume of 473,992 shares, compared to its average volume of 425,266. The KEYW has a fifty-two week low of $4.94 and a fifty-two week high of $13.57. The company has a quick ratio of 1.25, a current ratio of 1.48 and a debt-to-equity ratio of 0.88.

In other news, Director Caroline S. Pisano acquired 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The shares were bought at an average cost of $5.19 per share, with a total value of $51,900.00. Following the acquisition, the director now owns 69,346 shares in the company, valued at approximately $359,905.74. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Philip Luci acquired 9,900 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The shares were purchased at an average cost of $5.05 per share, for a total transaction of $49,995.00. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 38,900 shares of company stock worth $203,735. Insiders own 4.62% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in KEYW. Concourse Capital Management LLC purchased a new position in shares of The KEYW during the 2nd quarter valued at about $109,000. Greenwood Capital Associates LLC raised its holdings in shares of The KEYW by 1.8% during the 2nd quarter. Greenwood Capital Associates LLC now owns 12,260 shares of the software maker’s stock valued at $115,000 after buying an additional 214 shares in the last quarter. Paloma Partners Management Co purchased a new position in shares of The KEYW during the 1st quarter valued at about $132,000. Zacks Investment Management purchased a new position in shares of The KEYW during the 2nd quarter valued at about $138,000. Finally, Sei Investments Co. raised its holdings in shares of The KEYW by 0.8% during the 2nd quarter. Sei Investments Co. now owns 15,215 shares of the software maker’s stock valued at $142,000 after buying an additional 128 shares in the last quarter. 97.73% of the stock is currently owned by institutional investors.

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The KEYW Company Profile

The KeyW Holding Corporation is a holding company. The Company is a provider of engineering and technology solutions to support the collection, processing, analysis and dissemination of information across the full spectrum of the Intelligence, cyber and counterterrorism communities missions. It operates through Government Solutions segment.

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Analyst Recommendations for The KEYW (NASDAQ:KEYW)

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