Keysight Technologies Inc (NYSE:KEYS) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $86.75 and last traded at $86.35, with a volume of 546975 shares trading hands. The stock had previously closed at $85.74.
A number of research analysts recently commented on KEYS shares. TheStreet raised Keysight Technologies from a “c+” rating to an “a-” rating in a research note on Thursday, February 21st. ValuEngine raised Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Friday, December 28th. Jefferies Financial Group increased their target price on Keysight Technologies from $74.00 to $75.00 and gave the company a “buy” rating in a research note on Wednesday, November 21st. Zacks Investment Research raised Keysight Technologies from a “hold” rating to a “buy” rating and set a $84.00 target price on the stock in a research note on Tuesday, February 5th. Finally, Deutsche Bank increased their target price on Keysight Technologies to $100.00 and gave the company a “buy” rating in a research note on Friday, February 22nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Keysight Technologies has an average rating of “Buy” and a consensus target price of $83.11.
The company has a current ratio of 1.82, a quick ratio of 1.36 and a debt-to-equity ratio of 0.49. The stock has a market cap of $16.17 billion, a PE ratio of 28.76 and a beta of 1.17.
In other news, SVP Jay Alexander sold 17,342 shares of the stock in a transaction dated Monday, February 25th. The shares were sold at an average price of $84.52, for a total transaction of $1,465,745.84. Following the completion of the sale, the senior vice president now directly owns 78,720 shares in the company, valued at $6,653,414.40. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Satish Dhanasekaran sold 1,354 shares of the stock in a transaction dated Wednesday, December 19th. The stock was sold at an average price of $61.54, for a total transaction of $83,325.16. Following the sale, the senior vice president now owns 29,337 shares of the company’s stock, valued at $1,805,398.98. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 96,286 shares of company stock valued at $8,130,230. Company insiders own 0.65% of the company’s stock.
Institutional investors have recently bought and sold shares of the company. Kaizen Advisory LLC purchased a new stake in shares of Keysight Technologies during the fourth quarter worth about $32,000. Sun Life Financial INC purchased a new stake in Keysight Technologies in the fourth quarter worth about $32,000. Parkside Financial Bank & Trust lifted its holdings in Keysight Technologies by 41.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 527 shares of the scientific and technical instruments company’s stock worth $33,000 after buying an additional 154 shares during the period. Guardian Life Insurance Co. of America purchased a new stake in Keysight Technologies in the fourth quarter worth about $33,000. Finally, Lindbrook Capital LLC purchased a new stake in Keysight Technologies in the fourth quarter worth about $34,000. Institutional investors own 88.27% of the company’s stock.
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Keysight Technologies Company Profile (NYSE:KEYS)
Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.
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