BlackDiamond Wealth Management LLC Lowers Position in Keysight Technologies, Inc. (NYSE:KEYS)

BlackDiamond Wealth Management LLC decreased its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 17.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,982 shares of the scientific and technical instruments company’s stock after selling 614 shares during the period. BlackDiamond Wealth Management LLC’s holdings in Keysight Technologies were worth $479,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Truvestments Capital LLC acquired a new stake in Keysight Technologies in the 3rd quarter valued at about $28,000. Erste Asset Management GmbH acquired a new stake in Keysight Technologies in the 3rd quarter valued at about $29,000. Goodman Advisory Group LLC acquired a new stake in Keysight Technologies in the 3rd quarter valued at about $35,000. Venturi Wealth Management LLC raised its position in Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 133 shares in the last quarter. Finally, Versant Capital Management Inc raised its position in Keysight Technologies by 79.4% in the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after purchasing an additional 158 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Buying and Selling

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. This trade represents a 6.53 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.61% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

KEYS has been the topic of a number of analyst reports. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and increased their price target for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Wells Fargo & Company increased their price target on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research report on Wednesday, February 26th. Robert W. Baird raised their target price on Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a research report on Thursday, February 27th. Barclays raised their target price on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Finally, Susquehanna reissued a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $184.44.

Keysight Technologies Trading Up 1.5 %

NYSE:KEYS opened at $154.29 on Tuesday. The stock’s 50 day moving average price is $167.70 and its 200 day moving average price is $162.05. The company has a market capitalization of $26.66 billion, a PE ratio of 44.08, a P/E/G ratio of 2.41 and a beta of 1.10. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $186.20.

Keysight Technologies 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.