Impax Asset Management Group plc Sells 97 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Impax Asset Management Group plc lessened its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 1.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,850 shares of the scientific and technical instruments company’s stock after selling 97 shares during the period. Impax Asset Management Group plc’s holdings in Keysight Technologies were worth $1,261,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Truvestments Capital LLC bought a new stake in shares of Keysight Technologies during the 3rd quarter valued at $28,000. Erste Asset Management GmbH bought a new stake in shares of Keysight Technologies during the 3rd quarter valued at $29,000. Goodman Advisory Group LLC bought a new stake in shares of Keysight Technologies during the 3rd quarter valued at $35,000. Groupama Asset Managment raised its position in shares of Keysight Technologies by 76.6% during the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after acquiring an additional 9,437 shares during the last quarter. Finally, Venturi Wealth Management LLC raised its position in shares of Keysight Technologies by 100.8% during 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 acquiring an additional 133 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Insider Activity

In other news, SVP John Page sold 3,884 shares of the firm’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $169.66, for a total value of $658,959.44. Following the completion of the transaction, the senior vice president now owns 37,081 shares in the company, valued at $6,291,162.46. This trade represents a 9.48 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the completion of the sale, the chief executive officer now owns 116,582 shares of the company’s stock, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 32,118 shares of company stock worth $5,411,891 in the last quarter. Corporate insiders own 0.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on KEYS shares. Morgan Stanley boosted their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Susquehanna reissued a “positive” rating and issued a $185.00 price target on shares of Keysight Technologies in a report on Wednesday, November 20th. Robert W. Baird boosted 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. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Finally, Bank of America boosted their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $182.22.

Keysight Technologies Price Performance

KEYS stock opened at $171.99 on Wednesday. The stock has a market cap of $29.74 billion, a PE ratio of 49.14, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02. The stock has a 50-day moving average price of $169.93 and a two-hundred day moving average price of $160.95. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20.

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.