NBC Securities Inc. Buys 871 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

NBC Securities Inc. lifted its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 87,100.0% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 872 shares of the scientific and technical instruments company’s stock after buying an additional 871 shares during the quarter. NBC Securities Inc.’s holdings in Keysight Technologies were worth $130,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Central Pacific Bank Trust Division raised its holdings in Keysight Technologies by 97.8% during the first quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company’s stock valued at $27,000 after acquiring an additional 90 shares during the period. Venturi Wealth Management LLC increased its stake in Keysight Technologies by 100.8% during the fourth quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after acquiring an additional 133 shares during the last quarter. Sunbelt Securities Inc. increased its stake in Keysight Technologies by 241.8% during the fourth quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company’s stock worth $44,000 after acquiring an additional 191 shares during the last quarter. Quarry LP boosted its position in shares of Keysight Technologies by 188.1% during the fourth quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company’s stock valued at $70,000 after buying an additional 284 shares during the period. Finally, Huntington National Bank boosted its position in shares of Keysight Technologies by 37.4% during the fourth quarter. Huntington National Bank now owns 793 shares of the scientific and technical instruments company’s stock valued at $127,000 after buying an additional 216 shares during the period. Institutional investors own 84.58% of the company’s stock.

Insider Transactions at Keysight Technologies

In related news, CEO Satish Dhanasekaran sold 658 shares of Keysight Technologies stock in a transaction on Friday, May 30th. The shares were sold at an average price of $157.78, for a total transaction of $103,819.24. Following the sale, the chief executive officer now directly owns 115,576 shares in the company, valued at $18,235,581.28. This trade represents a 0.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP John Page sold 7,368 shares of Keysight Technologies stock in a transaction on Friday, May 30th. The shares were sold at an average price of $157.78, for a total transaction of $1,162,523.04. Following the completion of the transaction, the senior vice president now owns 36,986 shares in the company, valued at approximately $5,835,651.08. This represents a 16.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,247 shares of company stock worth $2,086,720 in the last 90 days. Insiders own 0.61% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on KEYS shares. Robert W. Baird boosted their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. Bank of America boosted their price target on Keysight Technologies from $165.00 to $170.00 and gave the company an “underperform” rating in a report on Thursday, May 22nd. Wells Fargo & Company boosted their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. Wall Street Zen lowered Keysight Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. Finally, JPMorgan Chase & Co. boosted their price target on Keysight Technologies from $172.00 to $177.00 and gave the company an “overweight” rating in a report on Wednesday, May 21st. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $183.00.

Keysight Technologies Stock Up 0.4%

KEYS stock opened at $162.56 on Tuesday. The company has a market cap of $27.98 billion, a price-to-earnings ratio of 46.45, a PEG ratio of 2.41 and a beta of 1.09. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The firm has a 50-day moving average of $148.82 and a two-hundred day moving average of $159.70.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.65 by $0.05. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.28 billion. Keysight Technologies had a net margin of 12.32% and a return on equity of 19.22%. The business’s revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.41 EPS. As a group, analysts forecast that Keysight Technologies, Inc. will post 6.32 earnings per share for the current fiscal 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.