Keysight Technologies (NYSE:KEYS) Director James Cullen Sells 3,000 Shares

Keysight Technologies Inc. (NYSE:KEYSGet Free Report) Director James Cullen sold 3,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $346.58, for a total transaction of $1,039,740.00. Following the sale, the director owned 21,821 shares in the company, valued at approximately $7,562,722.18. This represents a 12.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Keysight Technologies Stock Down 2.0%

KEYS stock opened at $343.39 on Friday. The firm has a market cap of $58.89 billion, a PE ratio of 56.48, a P/E/G ratio of 2.00 and a beta of 1.22. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90. The firm’s fifty day moving average is $331.92 and its 200 day moving average is $265.40. Keysight Technologies Inc. has a one year low of $152.85 and a one year high of $370.17.

Keysight Technologies (NYSE:KEYSGet Free Report) last released its quarterly earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, beating the consensus estimate of $2.32 by $0.55. The company had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. Keysight Technologies had a net margin of 17.25% and a return on equity of 21.58%. The firm’s revenue was up 31.5% on a year-over-year basis. During the same quarter last year, the business earned $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, research analysts forecast that Keysight Technologies Inc. will post 9.03 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. UBS Group increased their price objective on shares of Keysight Technologies from $340.00 to $420.00 and gave the company a “buy” rating in a report on Wednesday, May 20th. Bank of America raised shares of Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price objective on the stock in a report on Tuesday, February 24th. JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $360.00 to $390.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Susquehanna increased their price objective on shares of Keysight Technologies from $415.00 to $425.00 and gave the company a “positive” rating in a report on Wednesday, May 20th. Finally, Citigroup increased their price objective on shares of Keysight Technologies from $320.00 to $396.00 and gave the company a “buy” rating in a report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Keysight Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $371.92.

Check Out Our Latest Research Report on KEYS

Hedge Funds Weigh In On Keysight Technologies

Several hedge funds and other institutional investors have recently modified their holdings of KEYS. AQR Capital Management LLC lifted its stake in shares of Keysight Technologies by 92.6% in the first quarter. AQR Capital Management LLC now owns 27,216 shares of the scientific and technical instruments company’s stock worth $3,965,000 after buying an additional 13,085 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of Keysight Technologies by 5.0% in the first quarter. Integrated Wealth Concepts LLC now owns 2,581 shares of the scientific and technical instruments company’s stock worth $387,000 after buying an additional 122 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of Keysight Technologies by 30.0% in the first quarter. Empowered Funds LLC now owns 10,652 shares of the scientific and technical instruments company’s stock worth $1,595,000 after buying an additional 2,461 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Keysight Technologies by 66.5% in the first quarter. Geneos Wealth Management Inc. now owns 393 shares of the scientific and technical instruments company’s stock worth $59,000 after buying an additional 157 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in shares of Keysight Technologies in the second quarter worth about $254,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Keysight Technologies (NYSE:KEYS)

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