Sanctuary Advisors LLC Sells 4,714 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Sanctuary Advisors LLC lessened its position in Keysight Technologies, Inc. (NYSE:KEYS) by 29.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,052 shares of the scientific and technical instruments company’s stock after selling 4,714 shares during the period. Sanctuary Advisors LLC’s holdings in Keysight Technologies were worth $1,882,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Truvestments Capital LLC bought a new stake in shares of Keysight Technologies during the third quarter worth $28,000. Erste Asset Management GmbH acquired a new stake in Keysight Technologies in the 3rd quarter valued at about $29,000. American National Bank & Trust acquired a new stake in Keysight Technologies in the 3rd quarter valued at about $31,000. Meeder Asset Management Inc. bought a new position in shares of Keysight Technologies in the second quarter worth about $27,000. Finally, Family Firm Inc. acquired a new position in shares of Keysight Technologies during the second quarter worth approximately $30,000. Institutional investors own 84.58% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised 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. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $170.00 to $200.00 in a research report on Monday. StockNews.com cut Keysight Technologies from a “buy” rating to a “hold” rating in a report on Saturday, November 23rd. Robert W. Baird lifted their price objective on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Finally, Susquehanna restated a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $180.80.

Keysight Technologies Stock Down 3.7 %

Shares of NYSE:KEYS opened at $160.21 on Thursday. The company has a 50 day moving average price of $161.83 and a two-hundred day moving average price of $148.97. 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 company has a market capitalization of $27.80 billion, a PE ratio of 45.77, a PEG ratio of 2.15 and a beta of 1.00. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $175.39.

Insider Activity

In related news, VP Lisa M. Poole sold 350 shares of the stock in a transaction that occurred 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 completion of the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Jeffrey K. Li sold 4,412 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total transaction of $758,511.04. Following the sale, the senior vice president now 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 sold 27,063 shares of company stock valued at $4,603,201 in the last quarter. Company insiders own 0.60% of the company’s stock.

About Keysight Technologies

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.