Other large investors have also recently added to or reduced their stakes in the company. GHP Investment Advisors Inc. bought a new position in Keysight Technologies during the second quarter worth $26,000. Private Trust Co. NA raised its stake in shares of Keysight Technologies by 134.2% during the third quarter. Private Trust Co. NA now owns 185 shares of the scientific and technical instruments company’s stock valued at $29,000 after purchasing an additional 106 shares in the last quarter. Pinnacle Financial Partners Inc. bought a new stake in shares of Keysight Technologies during the third quarter valued at about $39,000. CoreCap Advisors LLC bought a new stake in shares of Keysight Technologies during the second quarter valued at about $40,000. Finally, Glassman Wealth Services raised its stake in shares of Keysight Technologies by 40.5% during the second quarter. Glassman Wealth Services now owns 340 shares of the scientific and technical instruments company’s stock valued at $47,000 after purchasing an additional 98 shares in the last quarter. 81.69% of the stock is currently owned by institutional investors.
In other news, SVP Ingrid A. Estrada sold 3,500 shares of Keysight Technologies stock in a transaction dated Tuesday, December 6th. The stock was sold at an average price of $175.71, for a total transaction of $614,985.00. Following the completion of the sale, the senior vice president now directly owns 94,582 shares in the company, valued at approximately $16,619,003.22. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, SVP Ingrid A. Estrada sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, December 6th. The stock was sold at an average price of $175.71, for a total value of $614,985.00. Following the completion of the sale, the senior vice president now directly owns 94,582 shares in the company, valued at approximately $16,619,003.22. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Jeffrey K. Li sold 2,236 shares of the business’s stock in a transaction that occurred on Thursday, December 8th. The stock was sold at an average price of $179.03, for a total value of $400,311.08. Following the completion of the sale, the senior vice president now owns 24,721 shares of the company’s stock, valued at $4,425,800.63. The disclosure for this sale can be found here. Insiders sold a total of 38,639 shares of company stock worth $6,680,634 in the last three months. 0.51% of the stock is owned by insiders.
Keysight Technologies Stock Down 0.6 %
Shares of Keysight Technologies stock opened at $185.78 on Friday. The firm has a market cap of $33.13 billion, a price-to-earnings ratio of 30.06, a P/E/G ratio of 2.97 and a beta of 1.04. The company has a debt-to-equity ratio of 0.43, a current ratio of 3.01 and a quick ratio of 2.40. Keysight Technologies, Inc. has a 52-week low of $127.93 and a 52-week high of $189.45. The stock has a 50-day simple moving average of $177.94 and a 200-day simple moving average of $171.45.
Keysight Technologies (NYSE:KEYS – Get Rating) last announced its quarterly earnings results on Thursday, November 17th. The scientific and technical instruments company reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.16. The business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.40 billion. Keysight Technologies had a return on equity of 32.51% and a net margin of 20.74%. The firm’s revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.71 EPS. On average, equities research analysts expect that Keysight Technologies, Inc. will post 7.59 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of research analysts recently issued reports on the company. Morgan Stanley lifted their target price on Keysight Technologies from $170.00 to $184.00 and gave the stock an “equal weight” rating in a report on Tuesday, December 13th. Susquehanna Bancshares dropped their price target on Keysight Technologies from $205.00 to $200.00 and set a “positive” rating on the stock in a research note on Friday, November 18th. Wells Fargo & Company began coverage on Keysight Technologies in a research note on Thursday, November 3rd. They issued an “overweight” rating and a $200.00 price target on the stock. Deutsche Bank Aktiengesellschaft dropped their price target on Keysight Technologies from $193.00 to $190.00 and set a “buy” rating on the stock in a research note on Friday, November 18th. Finally, Susquehanna lifted their price target on Keysight Technologies from $200.00 to $208.00 and gave the stock a “positive” rating in a research note on Friday, February 3rd. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $200.25.
Keysight Technologies Company Profile
Keysight Technologies, Inc engages in the provision of electronic design and test solutions that are used in the design, development, manufacture, installation, deployment, validation, optimization and secure operation of electronics systems to communications, networking and electronics industries. It operates through the following segments: Communications Solutions Group, and Electronic Industrial Solutions Group.
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