Keysight Technologies Inc (NYSE:KEYS) SVP Jay Alexander sold 12,922 shares of the business’s stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $54.67, for a total value of $706,445.74. Following the sale, the senior vice president now owns 70,120 shares of the company’s stock, valued at $3,833,460.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Shares of Keysight Technologies Inc (NYSE:KEYS) traded down $0.29 during trading hours on Wednesday, reaching $53.58. The company’s stock had a trading volume of 943,207 shares, compared to its average volume of 944,568. The company has a current ratio of 2.57, a quick ratio of 1.88 and a debt-to-equity ratio of 0.82. The stock has a market cap of $10,030.00, a PE ratio of -49.61 and a beta of 1.19. Keysight Technologies Inc has a 12 month low of $35.05 and a 12 month high of $55.21.
Keysight Technologies (NYSE:KEYS) last issued its earnings results on Thursday, March 1st. The scientific and technical instruments company reported $0.51 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.19. The company had revenue of $837.00 million during the quarter, compared to analysts’ expectations of $805.96 million. Keysight Technologies had a return on equity of 18.19% and a net margin of 2.64%. The firm’s quarterly revenue was up 15.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.57 EPS. analysts predict that Keysight Technologies Inc will post 2.69 EPS for the current year.
A number of large investors have recently modified their holdings of KEYS. American Century Companies Inc. grew its holdings in Keysight Technologies by 52.5% in the 4th quarter. American Century Companies Inc. now owns 7,596,674 shares of the scientific and technical instruments company’s stock valued at $316,022,000 after buying an additional 2,613,683 shares in the last quarter. CI Investments Inc. acquired a new position in shares of Keysight Technologies in the 4th quarter valued at $33,357,000. Carillon Tower Advisers Inc. acquired a new position in shares of Keysight Technologies in the 4th quarter valued at $27,106,000. Goldman Sachs Group Inc. lifted its stake in shares of Keysight Technologies by 74.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 973,095 shares of the scientific and technical instruments company’s stock valued at $40,481,000 after purchasing an additional 416,315 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its stake in shares of Keysight Technologies by 8.3% in the 4th quarter. Victory Capital Management Inc. now owns 4,301,488 shares of the scientific and technical instruments company’s stock valued at $178,942,000 after purchasing an additional 328,386 shares during the last quarter. Institutional investors own 88.66% of the company’s stock.
Several analysts recently commented on KEYS shares. Stifel Nicolaus reiterated a “hold” rating and set a $43.00 price target on shares of Keysight Technologies in a research report on Friday, December 8th. Zacks Investment Research upgraded Keysight Technologies from a “hold” rating to a “buy” rating and set a $47.00 price target for the company in a research report on Wednesday, December 13th. Deutsche Bank boosted their price target on Keysight Technologies to $55.00 and gave the stock a “buy” rating in a research report on Monday, January 29th. ValuEngine upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Finally, Credit Suisse Group reiterated an “outperform” rating and set a $54.00 price target (up from $49.50) on shares of Keysight Technologies in a research report on Friday, March 2nd. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $55.50.
ILLEGAL ACTIVITY WARNING: This story was originally reported by Ticker Report and is owned by of Ticker Report. If you are accessing this story on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark legislation. The original version of this story can be read at https://www.tickerreport.com/banking-finance/3262299/insider-selling-keysight-technologies-inc-keys-svp-sells-12922-shares-of-stock.html.
About Keysight Technologies
Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.