Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by AFT Forsyth & Company Inc.

AFT Forsyth & Company Inc. lowered its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 6.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,275 shares of the scientific and technical instruments company’s stock after selling 90 shares during the quarter. AFT Forsyth & Company Inc.’s holdings in Keysight Technologies were worth $205,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of KEYS. Truvestments Capital LLC acquired a new stake in Keysight Technologies during the third quarter worth approximately $28,000. Erste Asset Management GmbH purchased a new position in Keysight Technologies during the third quarter worth approximately $29,000. Goodman Advisory Group LLC purchased a new position in Keysight Technologies during the third quarter worth approximately $35,000. Groupama Asset Managment raised its stake in Keysight Technologies by 76.6% during the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 9,437 shares during the period. Finally, Prospera Private Wealth LLC purchased a new position in Keysight Technologies during the third quarter worth approximately $57,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the transaction, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Lisa M. Poole sold 350 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the transaction, the vice president now directly owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. This represents a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 33,063 shares of company stock valued at $5,573,941. Corporate insiders own 0.61% of the company’s stock.

Keysight Technologies Price Performance

KEYS opened at $177.82 on Thursday. The company has a fifty day simple moving average of $167.95 and a 200 day simple moving average of $157.46. The firm has a market cap of $30.75 billion, a price-to-earnings ratio of 50.81, a PEG ratio of 2.25 and a beta of 1.02. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $180.26. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Analyst Upgrades and Downgrades

KEYS has been the topic of a number of recent analyst reports. Robert W. Baird increased their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, January 23rd. Barclays increased 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. Bank of America increased their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. Finally, 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. One equities research analyst has rated the stock with a sell rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $180.80.

Keysight Technologies Company 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.