Keysight Technologies, Inc. (NYSE:KEYS) CFO Sells $562,960.00 in Stock

Keysight Technologies, Inc. (NYSE:KEYS) CFO Neil Dougherty sold 3,632 shares of the company’s stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total value of $562,960.00. Following the sale, the chief financial officer now owns 115,063 shares of the company’s stock, valued at $17,834,765. The trade was a 3.06 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Keysight Technologies Price Performance

Shares of NYSE:KEYS opened at $151.76 on Thursday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $186.20. The firm has a market cap of $26.23 billion, a PE ratio of 43.36, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. The firm’s fifty day moving average is $164.91 and its 200-day moving average is $162.41.

Institutional Investors Weigh In On Keysight Technologies

Institutional investors have recently made changes to their positions in the stock. Cerity Partners LLC boosted its holdings in Keysight Technologies by 12.9% in the third quarter. Cerity Partners LLC now owns 9,994 shares of the scientific and technical instruments company’s stock valued at $1,588,000 after acquiring an additional 1,140 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Keysight Technologies by 1.9% during the third quarter. The Manufacturers Life Insurance Company now owns 107,592 shares of the scientific and technical instruments company’s stock worth $17,100,000 after buying an additional 2,013 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Keysight Technologies by 10.9% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 33,563 shares of the scientific and technical instruments company’s stock worth $5,334,000 after buying an additional 3,293 shares during the last quarter. Public Sector Pension Investment Board lifted its holdings in Keysight Technologies by 13.5% in the third quarter. Public Sector Pension Investment Board now owns 7,579 shares of the scientific and technical instruments company’s stock valued at $1,205,000 after buying an additional 900 shares during the period. Finally, Captrust Financial Advisors boosted its position in Keysight Technologies by 27.6% during the third quarter. Captrust Financial Advisors now owns 6,940 shares of the scientific and technical instruments company’s stock valued at $1,103,000 after acquiring an additional 1,502 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on KEYS. Wells Fargo & Company upped their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price target for the company from $170.00 to $200.00 in a research note on Monday, December 16th. StockNews.com cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. Finally, Robert W. Baird raised their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, February 27th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $184.44.

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.