92,041 Shares in Keysight Technologies, Inc. (NYSE:KEYS) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 92,041 shares of the scientific and technical instruments company’s stock, valued at approximately $14,785,000. Proficio Capital Partners LLC owned about 0.05% of Keysight Technologies as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of KEYS. Swedbank AB boosted its holdings in shares of Keysight Technologies by 7.1% in the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after buying an additional 292,372 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of Keysight Technologies by 23.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 9,736 shares of the scientific and technical instruments company’s stock valued at $1,547,000 after acquiring an additional 1,866 shares in the last quarter. Stephens Investment Management Group LLC boosted its stake in Keysight Technologies by 10.1% in the 3rd quarter. Stephens Investment Management Group LLC now owns 69,010 shares of the scientific and technical instruments company’s stock worth $10,968,000 after purchasing an additional 6,343 shares during the period. F M Investments LLC purchased a new position in Keysight Technologies during the 3rd quarter worth approximately $1,993,000. Finally, Invesco LLC acquired a new stake in Keysight Technologies during the 3rd quarter valued at $212,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Bank of America lifted their price target on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a report on Wednesday, November 20th. StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, February 22nd. JPMorgan Chase & Co. upgraded Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their target price for the company from $170.00 to $200.00 in a report on Monday, December 16th. Robert W. Baird raised their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Morgan Stanley upped their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. One analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $184.44.

Insiders Place Their Bets

In related news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $161.79, for a total transaction of $970,740.00. Following the completion of the sale, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jeffrey K. Li sold 4,412 shares of Keysight Technologies stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the transaction, the senior vice president now owns 30,637 shares in the company, valued at $5,267,113.04. This trade represents a 12.59 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 32,118 shares of company stock valued at $5,411,891 over the last three months. 0.61% of the stock is currently owned by insiders.

Keysight Technologies Stock Performance

Shares of KEYS opened at $159.61 on Friday. The firm has a market cap of $27.60 billion, a price-to-earnings ratio of 45.60, a price-to-earnings-growth ratio of 2.41 and a beta of 1.02. The company’s fifty day moving average is $169.84 and its 200-day moving average is $161.41. 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 12 month low of $119.72 and a 12 month 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.