Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Gabelli Funds LLC

Gabelli Funds LLC cut its position in shares of Keysight Technologies, Inc. (NYSE:KEYSFree Report) by 3.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,700 shares of the scientific and technical instruments company’s stock after selling 300 shares during the period. Gabelli Funds LLC’s holdings in Keysight Technologies were worth $1,225,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Trust Investment Advisors raised its stake in shares of Keysight Technologies by 1.8% during the 4th quarter. Trust Investment Advisors now owns 4,172 shares of the scientific and technical instruments company’s stock worth $664,000 after buying an additional 75 shares during the period. Itau Unibanco Holding S.A. raised its position in Keysight Technologies by 31.5% during the third quarter. Itau Unibanco Holding S.A. now owns 342 shares of the scientific and technical instruments company’s stock worth $45,000 after acquiring an additional 82 shares during the period. Summit Financial LLC lifted its holdings in Keysight Technologies by 3.3% during the fourth quarter. Summit Financial LLC now owns 2,756 shares of the scientific and technical instruments company’s stock valued at $438,000 after purchasing an additional 87 shares in the last quarter. Princeton Capital Management LLC grew its position in shares of Keysight Technologies by 1.6% in the third quarter. Princeton Capital Management LLC now owns 6,488 shares of the scientific and technical instruments company’s stock valued at $858,000 after purchasing an additional 104 shares during the period. Finally, Legacy Wealth Asset Management LLC increased its stake in shares of Keysight Technologies by 7.4% during the fourth quarter. Legacy Wealth Asset Management LLC now owns 1,722 shares of the scientific and technical instruments company’s stock worth $274,000 after purchasing an additional 119 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Activity

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on KEYS shares. Robert W. Baird lifted their price objective on Keysight Technologies from $155.00 to $167.00 and gave the stock an “outperform” rating in a report on Tuesday, May 21st. JPMorgan Chase & Co. cut Keysight Technologies from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $184.00 to $170.00 in a research report on Thursday, February 15th. Susquehanna reduced their price objective 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. Barclays lifted their target price on shares of Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 21st. Finally, Citigroup increased their target price on shares of Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research report on Wednesday, February 21st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $166.33.

View Our Latest Research Report on Keysight Technologies

Keysight Technologies Price Performance

Keysight Technologies stock opened at $135.81 on Monday. The company has a current ratio of 1.99, a quick ratio of 1.48 and a debt-to-equity ratio of 0.24. The stock has a market cap of $23.70 billion, a P/E ratio of 29.59, a PEG ratio of 4.66 and a beta of 1.00. The company has a 50-day moving average price of $148.75 and a 200 day moving average price of $151.11. Keysight Technologies, Inc. has a 12-month low of $118.57 and a 12-month high of $172.72.

Keysight Technologies Profile

(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.

Further Reading

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

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