Paradigm Asset Management Co. LLC acquired a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 5,500 shares of the scientific and technical instruments company’s stock, valued at approximately $883,000.
Other hedge funds also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new stake in shares of Keysight Technologies during the third quarter valued at approximately $28,000. Erste Asset Management GmbH purchased a new stake in shares of Keysight Technologies during the third quarter valued at approximately $29,000. Goodman Advisory Group LLC purchased a new stake in shares of Keysight Technologies during the third quarter valued at approximately $35,000. Venturi Wealth Management LLC increased its stake in shares of Keysight Technologies by 100.8% in the fourth 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 during the last quarter. Finally, Versant Capital Management Inc increased its stake in shares of Keysight Technologies by 79.4% in the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock worth $57,000 after buying an additional 158 shares during the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages recently issued reports on KEYS. Barclays lifted their price target on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Robert W. Baird lifted their price objective on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Morgan Stanley boosted their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Susquehanna reissued a “positive” rating and set a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” 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 issued a buy rating to the company. According to MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average target price of $180.80.
Keysight Technologies Price Performance
NYSE KEYS opened at $184.96 on Friday. The stock’s 50-day moving average price is $169.60 and its two-hundred day moving average price is $159.35. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The company has a market cap of $31.98 billion, a PE ratio of 52.85, a PEG ratio of 2.41 and a beta of 1.02. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20.
Insider Buying and Selling at Keysight Technologies
In other Keysight Technologies news, CEO Satish Dhanasekaran sold 17,822 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the transaction, the chief executive officer now owns 116,582 shares in the company, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Jeffrey K. Li sold 4,412 shares of the stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the transaction, the senior vice president now owns 30,637 shares in the company, valued at approximately $5,267,113.04. This trade represents a 12.59 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 33,063 shares of company stock valued at $5,573,941 in the last 90 days. 0.61% of the stock is currently owned by corporate insiders.
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.
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