Stephens Inc. AR Sells 487 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Stephens Inc. AR lessened its holdings in Keysight Technologies, Inc. (NYSE:KEYSGet Rating) by 8.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,958 shares of the scientific and technical instruments company’s stock after selling 487 shares during the quarter. Stephens Inc. AR’s holdings in Keysight Technologies were worth $780,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. GHP Investment Advisors Inc. bought a new stake in shares of Keysight Technologies in the 2nd quarter worth about $26,000. Private Trust Co. NA grew its holdings in shares of Keysight Technologies by 134.2% in the 3rd quarter. Private Trust Co. NA now owns 185 shares of the scientific and technical instruments company’s stock worth $29,000 after purchasing an additional 106 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Keysight Technologies by 37.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 277 shares of the scientific and technical instruments company’s stock worth $37,000 after purchasing an additional 75 shares during the last quarter. Pinnacle Financial Partners Inc. bought a new stake in shares of Keysight Technologies in the 3rd quarter worth about $39,000. Finally, CoreCap Advisors LLC bought a new stake in shares of Keysight Technologies in the 2nd quarter worth about $40,000. Institutional investors own 81.69% of the company’s stock.

Insider Buying and Selling

In other news, insider Ronald S. Nersesian sold 18,069 shares of the firm’s stock in a transaction that occurred on Friday, December 23rd. The shares were sold at an average price of $170.00, for a total transaction of $3,071,730.00. Following the completion of the transaction, the insider now directly owns 275,209 shares of the company’s stock, valued at approximately $46,785,530. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Keysight Technologies news, SVP Jeffrey K. Li sold 2,236 shares of the firm’s stock in a transaction on Thursday, December 8th. The stock was sold at an average price of $179.03, for a total transaction of $400,311.08. Following the completion of the sale, the senior vice president now owns 24,721 shares of the company’s stock, valued at approximately $4,425,800.63. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ronald S. Nersesian sold 18,069 shares of the firm’s stock in a transaction on Friday, December 23rd. The shares were sold at an average price of $170.00, for a total value of $3,071,730.00. Following the sale, the insider now directly owns 275,209 shares of the company’s stock, valued at approximately $46,785,530. The disclosure for this sale can be found here. In the last three months, insiders sold 38,639 shares of company stock valued at $6,680,634. 0.55% of the stock is owned by corporate insiders.

Keysight Technologies Stock Performance

Shares of NYSE:KEYS opened at $178.92 on Friday. The company has a market capitalization of $31.99 billion, a price-to-earnings ratio of 28.95, a P/E/G ratio of 2.86 and a beta of 1.06. The firm’s 50 day simple moving average is $175.38 and its 200 day simple moving average is $166.93. The company has a debt-to-equity ratio of 0.43, a current ratio of 3.01 and a quick ratio of 2.40. Keysight Technologies, Inc. has a fifty-two week low of $127.93 and a fifty-two week high of $189.45.

Keysight Technologies (NYSE:KEYSGet Rating) last announced its quarterly earnings results on Thursday, November 17th. The scientific and technical instruments company reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.16. Keysight Technologies had a net margin of 20.74% and a return on equity of 32.51%. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period last year, the company posted $1.71 EPS. Keysight Technologies’s revenue for the quarter was up 11.5% on a year-over-year basis. As a group, sell-side analysts forecast that Keysight Technologies, Inc. will post 7.6 earnings per share for the current year.

Wall Street Analyst Weigh In

KEYS has been the topic of several analyst reports. Morgan Stanley upped their target price on shares of Keysight Technologies from $170.00 to $184.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 13th. UBS Group increased their price objective on shares of Keysight Technologies from $187.00 to $205.00 and gave the stock a “buy” rating in a report on Tuesday, November 29th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Keysight Technologies from $193.00 to $190.00 and set a “buy” rating on the stock in a report on Friday, November 18th. The Goldman Sachs Group lowered shares of Keysight Technologies from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $196.00 to $189.00 in a report on Tuesday, January 10th. Finally, Wells Fargo & Company started coverage on shares of Keysight Technologies in a report on Thursday, November 3rd. They set an “overweight” rating and a $200.00 price objective on the stock. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $199.58.

Keysight Technologies Company Profile

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Keysight Technologies, Inc engages in the provision of electronic design and test solutions that are used in the design, development, manufacture, installation, deployment, validation, optimization and secure operation of electronics systems to communications, networking and electronics industries. It operates through the following segments: Communications Solutions Group, and Electronic Industrial Solutions Group.

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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