Keysight Technologies, Inc. (NYSE:KEYS) SVP Sells $970,740.00 in Stock

Keysight Technologies, Inc. (NYSE:KEYS) SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares in the company, valued at $13,886,273.91. The trade was a 6.53 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Keysight Technologies Trading Up 1.8 %

Shares of NYSE:KEYS opened at $163.80 on Friday. The company has a 50 day moving average of $163.13 and a 200-day moving average of $151.21. 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 firm has a market cap of $28.37 billion, a P/E ratio of 46.80, a P/E/G ratio of 2.12 and a beta of 1.02. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $175.39.

Institutional Investors Weigh In On Keysight Technologies

Institutional investors have recently added to or reduced their stakes in the company. Meeder Asset Management Inc. acquired a new stake in shares of Keysight Technologies in the second quarter valued at $27,000. Truvestments Capital LLC bought a new stake in Keysight Technologies in the third quarter worth about $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 bought a new position in shares of Keysight Technologies during the 3rd quarter valued at about $31,000. Finally, Goodman Advisory Group LLC acquired a new position in shares of Keysight Technologies in the 3rd quarter worth approximately $35,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

KEYS has been the topic of a number of research analyst reports. Barclays increased their target price on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $170.00 to $200.00 in a report on Monday, December 16th. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Friday, December 27th. Robert W. Baird lifted their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, November 20th. Finally, Bank of America increased their target price on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research report on Wednesday, November 20th. One 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, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.

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.