Ashton Thomas Private Wealth LLC Sells 610 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Ashton Thomas Private Wealth LLC cut its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 8.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,484 shares of the scientific and technical instruments company’s stock after selling 610 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Keysight Technologies were worth $1,014,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rise Advisors LLC bought a new position in shares of Keysight Technologies in the 1st quarter worth $25,000. Venturi Wealth Management LLC grew its stake in Keysight Technologies by 145.9% during the 4th quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock worth $43,000 after buying an additional 159 shares during the last quarter. EdgeRock Capital LLC purchased a new position in Keysight Technologies during the 4th quarter worth $46,000. GAMMA Investing LLC purchased a new position in Keysight Technologies during the 4th quarter worth $48,000. Finally, Wetzel Investment Advisors Inc. purchased a new position in Keysight Technologies during the 4th quarter worth $53,000. 84.58% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on KEYS shares. Barclays boosted their target price on Keysight Technologies from $141.00 to $151.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 21st. Susquehanna dropped their price target on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating on the stock in a research note on Tuesday, May 21st. Finally, Robert W. Baird boosted their price target on Keysight Technologies from $155.00 to $167.00 and gave the company an “outperform” rating in a research note on Tuesday, May 21st. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $166.33.

Insider Buying and Selling

In related news, VP Lisa M. Poole sold 440 shares of the company’s stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $136.45, for a total value of $60,038.00. Following the completion of the transaction, the vice president now owns 3,913 shares of the company’s stock, valued at approximately $533,928.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Kevin A. Stephens bought 460 shares of Keysight Technologies stock in a transaction on Tuesday, May 28th. The stock was acquired at an average price of $143.35 per share, with a total value of $65,941.00. Following the completion of the acquisition, the director now directly owns 7,681 shares of the company’s stock, valued at $1,101,071.35. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Lisa M. Poole sold 440 shares of the business’s stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $136.45, for a total transaction of $60,038.00. Following the transaction, the vice president now owns 3,913 shares in the company, valued at $533,928.85. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by insiders.

Keysight Technologies Stock Performance

Shares of KEYS traded up $0.62 during mid-day trading on Friday, reaching $135.95. The company had a trading volume of 230,307 shares, compared to its average volume of 1,203,506. Keysight Technologies, Inc. has a 52-week low of $118.57 and a 52-week high of $172.72. The company has a quick ratio of 1.48, a current ratio of 1.99 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $23.73 billion, a P/E ratio of 29.48, a PEG ratio of 4.67 and a beta of 0.95. The stock has a 50 day moving average of $142.56 and a two-hundred day moving average of $150.16.

Keysight Technologies (NYSE:KEYS) last issued its earnings results on Monday, May 20th. The scientific and technical instruments company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.01. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. Keysight Technologies had a return on equity of 23.79% and a net margin of 15.70%. On average, analysts expect that Keysight Technologies, Inc. will post 5.25 earnings per share for the current year.

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.