Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Cardinal Capital Management

Cardinal Capital Management reduced its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 0.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,762 shares of the scientific and technical instruments company’s stock after selling 138 shares during the period. Cardinal Capital Management’s holdings in Keysight Technologies were worth $6,226,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in KEYS. Atria Wealth Solutions Inc. increased its stake in shares of Keysight Technologies by 14.7% during the fourth quarter. Atria Wealth Solutions Inc. now owns 2,493 shares of the scientific and technical instruments company’s stock worth $400,000 after purchasing an additional 320 shares in the last quarter. Venturi Wealth Management LLC increased its stake in Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after buying an additional 133 shares in the last quarter. Truist Financial Corp raised its holdings in shares of Keysight Technologies by 8.7% during the fourth quarter. Truist Financial Corp now owns 17,451 shares of the scientific and technical instruments company’s stock valued at $2,803,000 after acquiring an additional 1,401 shares during the last quarter. CIBC Asset Management Inc lifted its position in shares of Keysight Technologies by 60.6% in the fourth quarter. CIBC Asset Management Inc now owns 205,787 shares of the scientific and technical instruments company’s stock valued at $32,983,000 after acquiring an additional 77,631 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its stake in shares of Keysight Technologies by 13.4% in the fourth quarter. Sanctuary Advisors LLC now owns 12,529 shares of the scientific and technical instruments company’s stock worth $2,137,000 after acquiring an additional 1,477 shares during the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the transaction, the senior vice president now owns 85,829 shares of the company’s stock, valued at $13,886,273.91. This trade represents a 6.53 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Jeffrey K. Li sold 4,412 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the sale, the senior vice president now directly owns 30,637 shares in the company, valued at $5,267,113.04. This trade represents a 12.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 33,063 shares of company stock worth $5,573,941 over the last quarter. 0.61% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Barclays increased their price objective on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. StockNews.com downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Friday. Robert W. Baird upped their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Susquehanna reissued a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. Finally, Morgan Stanley boosted their target price on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $180.80.

Keysight Technologies Stock Up 2.3 %

KEYS stock opened at $183.40 on Tuesday. The firm has a market cap of $31.71 billion, a PE ratio of 52.40, a PEG ratio of 2.25 and a beta of 1.02. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $184.35. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The firm’s 50 day moving average price is $168.60 and its 200-day moving average price is $158.57.

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.