Private Advisor Group LLC grew its position in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 118.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,847 shares of the scientific and technical instruments company’s stock after acquiring an additional 4,258 shares during the quarter. Private Advisor Group LLC’s holdings in Keysight Technologies were worth $2,216,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of KEYS. Optas LLC increased its holdings in shares of Keysight Technologies by 9.5% in the 1st quarter. Optas LLC now owns 1,438 shares of the scientific and technical instruments company’s stock worth $406,000 after acquiring an additional 125 shares during the period. Leonteq Securities AG boosted its stake in Keysight Technologies by 42.7% during the 1st quarter. Leonteq Securities AG now owns 1,403 shares of the scientific and technical instruments company’s stock valued at $396,000 after purchasing an additional 420 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in Keysight Technologies by 71.9% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 48,309 shares of the scientific and technical instruments company’s stock valued at $13,641,000 after purchasing an additional 20,200 shares during the period. Elevation Point Wealth Partners LLC boosted its stake in Keysight Technologies by 91.9% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 7,218 shares of the scientific and technical instruments company’s stock valued at $2,038,000 after purchasing an additional 3,457 shares during the period. Finally, Blue Capital Inc. bought a new position in Keysight Technologies in the 1st quarter worth about $302,000. Institutional investors own 84.58% of the company’s stock.
Keysight Technologies Trading Up 0.0%
Shares of NYSE:KEYS opened at $322.30 on Friday. The company has a 50 day moving average of $344.15 and a 200-day moving average of $290.73. The company has a current ratio of 1.90, a quick ratio of 1.51 and a debt-to-equity ratio of 0.29. The firm has a market cap of $55.08 billion, a P/E ratio of 53.01, a P/E/G ratio of 1.84 and a beta of 1.21. Keysight Technologies Inc. has a twelve month low of $152.85 and a twelve month high of $374.96.
Insider Activity
In related news, CEO Satish Dhanasekaran sold 507 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $361.32, for a total transaction of $183,189.24. Following the completion of the transaction, the chief executive officer owned 121,391 shares of the company’s stock, valued at $43,860,996.12. This trade represents a 0.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James Cullen sold 3,000 shares of Keysight Technologies stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $346.58, for a total value of $1,039,740.00. Following the transaction, the director directly owned 21,821 shares in the company, valued at approximately $7,562,722.18. The trade was a 12.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 5,507 shares of company stock worth $1,904,669 over the last 90 days. 0.40% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on KEYS shares. Morgan Stanley lifted their price target on Keysight Technologies from $305.00 to $350.00 and gave the company an “equal weight” rating in a report on Wednesday, May 20th. Truist Financial increased their price objective on Keysight Technologies from $310.00 to $376.00 and gave the stock a “hold” rating in a report on Thursday, May 21st. Susquehanna raised their target price on Keysight Technologies from $415.00 to $425.00 and gave the company a “positive” rating in a research report on Wednesday, May 20th. Wells Fargo & Company lifted their target price on Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a research note on Wednesday, May 20th. Finally, Barclays increased their price target on Keysight Technologies from $320.00 to $387.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $371.92.
Read Our Latest Stock Report on KEYS
Keysight Technologies Profile
Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.
Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.
Featured Articles
- Five stocks we like better than Keysight Technologies
- Power Struggle: Wolfspeed Sues Navitas Over AI Chips
- Why WD-40 Is Proving Great Businesses Never Go Out of Style
- Pushing the Edge: Super Micro Computer Reboots the AI Landscape
- MarketBeat Week in Review – 07/06 – 07/10
Want to see what other hedge funds are holding KEYS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Keysight Technologies Inc. (NYSE:KEYS – Free Report).
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
