Keysight Technologies, Inc. (NYSE:KEYS) SVP Kailash Narayanan Sells 4,300 Shares

Keysight Technologies, Inc. (NYSE:KEYS) SVP Kailash Narayanan sold 4,300 shares of the company’s stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of $152.88, for a total value of $657,384.00. Following the transaction, the senior vice president now directly owns 29,156 shares in the company, valued at approximately $4,457,369.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Keysight Technologies Trading Up 0.3 %

Shares of Keysight Technologies stock traded up $0.45 during trading hours on Thursday, hitting $156.29. The company’s stock had a trading volume of 1,322,553 shares, compared to its average volume of 1,238,340. Keysight Technologies, Inc. has a 12 month low of $118.57 and a 12 month high of $172.72. The stock has a 50 day moving average of $154.25 and a 200 day moving average of $143.50. The company has a market capitalization of $27.28 billion, a PE ratio of 28.59, a price-to-earnings-growth ratio of 6.98 and a beta of 1.05. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.93 and a quick ratio of 1.44.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings results on Tuesday, February 20th. The scientific and technical instruments company reported $1.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.04. Keysight Technologies had a return on equity of 26.84% and a net margin of 18.14%. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the prior year, the company earned $1.72 earnings per share. The company’s revenue for the quarter was down 8.8% compared to the same quarter last year. Analysts predict that Keysight Technologies, Inc. will post 5.39 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Citigroup upped their price target on Keysight Technologies from $157.00 to $168.00 and gave the company a “buy” rating in a research note on Wednesday, February 21st. JPMorgan Chase & Co. lowered Keysight Technologies from an “overweight” rating to a “neutral” rating and cut their price target for the company from $184.00 to $170.00 in a research note on Thursday, February 15th. Barclays upped their price target on Keysight Technologies from $134.00 to $141.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 21st. Finally, TheStreet raised Keysight Technologies from a “c+” rating to a “b-” rating in a research note on Wednesday, December 13th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $160.63.

Institutional Investors Weigh In On Keysight Technologies

Several large investors have recently modified their holdings of KEYS. HighPoint Advisor Group LLC bought a new position in Keysight Technologies in the fourth quarter valued at approximately $1,164,000. PNC Financial Services Group Inc. lifted its holdings in Keysight Technologies by 7.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 54,649 shares of the scientific and technical instruments company’s stock worth $8,694,000 after purchasing an additional 3,664 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in Keysight Technologies by 149.2% during the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 40,000 shares of the scientific and technical instruments company’s stock worth $6,364,000 after purchasing an additional 23,947 shares during the last quarter. Rovin Capital UT ADV acquired a new position in Keysight Technologies in the 4th quarter valued at $312,000. Finally, Brown Shipley& Co Ltd raised its holdings in Keysight Technologies by 1.0% in the 4th quarter. Brown Shipley& Co Ltd now owns 6,452 shares of the scientific and technical instruments company’s stock valued at $1,026,000 after acquiring an additional 67 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.

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.