Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by American International Group Inc.

American International Group Inc. lessened its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYSFree Report) by 2.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 52,797 shares of the scientific and technical instruments company’s stock after selling 1,329 shares during the quarter. American International Group Inc.’s holdings in Keysight Technologies were worth $8,399,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in KEYS. J.P. Morgan Private Wealth Advisors LLC purchased a new stake in shares of Keysight Technologies during the third quarter worth approximately $1,520,000. Gabelli Funds LLC increased its stake in shares of Keysight Technologies by 3.9% during the third quarter. Gabelli Funds LLC now owns 8,000 shares of the scientific and technical instruments company’s stock worth $1,058,000 after buying an additional 300 shares during the period. Pathstone Family Office LLC increased its stake in shares of Keysight Technologies by 75.4% during the third quarter. Pathstone Family Office LLC now owns 9,304 shares of the scientific and technical instruments company’s stock worth $1,231,000 after buying an additional 4,000 shares during the period. HighTower Advisors LLC increased its stake in Keysight Technologies by 10.6% in the third quarter. HighTower Advisors LLC now owns 36,531 shares of the scientific and technical instruments company’s stock valued at $4,833,000 after purchasing an additional 3,503 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Keysight Technologies by 15.4% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 35,864 shares of the scientific and technical instruments company’s stock valued at $4,745,000 after purchasing an additional 4,796 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Buying and Selling

In related news, SVP Kailash Narayanan sold 4,300 shares of the business’s stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $152.88, for a total value of $657,384.00. Following the sale, the senior vice president now directly owns 29,156 shares in the company, valued at approximately $4,457,369.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Keysight Technologies news, Director Kevin A. Stephens acquired 460 shares of the firm’s stock in a transaction that occurred on Tuesday, May 28th. The shares were acquired at an average cost of $143.35 per share, for a total transaction of $65,941.00. Following the transaction, the director now directly owns 7,681 shares of the company’s stock, valued at $1,101,071.35. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Kailash Narayanan sold 4,300 shares of the business’s stock in a transaction dated Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total transaction of $657,384.00. Following the completion of the sale, the senior vice president now owns 29,156 shares in the company, valued at $4,457,369.28. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on KEYS shares. Barclays increased their price objective on Keysight Technologies from $141.00 to $151.00 and gave the company an “equal weight” rating in a report on Tuesday, May 21st. Citigroup increased their price objective on Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a report on Wednesday, February 21st. JPMorgan Chase & Co. downgraded Keysight Technologies from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $184.00 to $170.00 in a report on Thursday, February 15th. Robert W. Baird increased their price objective on Keysight Technologies from $155.00 to $167.00 and gave the company an “outperform” rating in a report on Tuesday, May 21st. Finally, Susquehanna decreased their price objective on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating for the company in a report on Tuesday, May 21st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and an average price target of $166.33.

View Our Latest Stock Analysis on KEYS

Keysight Technologies Price Performance

Shares of NYSE KEYS opened at $135.81 on Monday. Keysight Technologies, Inc. has a 1-year low of $118.57 and a 1-year high of $172.72. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.99 and a quick ratio of 1.48. The stock has a fifty day moving average price of $148.75 and a 200 day moving average price of $151.11. The company has a market cap of $23.70 billion, a PE ratio of 29.59, a P/E/G ratio of 4.66 and a beta of 1.00.

About Keysight Technologies

(Free Report)

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.

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

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