Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Shilanski & Associates Inc.


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Shilanski & Associates Inc. cut its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 3.0% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 9,306 shares of the scientific and technical instruments company’s stock after selling 286 shares during the period. Shilanski & Associates Inc.’s holdings in Keysight Technologies were worth $1,334,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Freedman Financial Associates Inc. acquired a new stake in shares of Keysight Technologies during the fourth quarter worth about $28,000. Fieldpoint Private Securities LLC acquired a new stake in Keysight Technologies in the fourth quarter valued at $31,000. Assetmark Inc. acquired a new position in shares of Keysight Technologies during the 4th quarter worth $37,000. Harvest Fund Management Co. Ltd acquired a new position in shares of Keysight Technologies during the 4th quarter worth $40,000. Finally, Vantage Consulting Group Inc acquired a new position in shares of Keysight Technologies during the 4th quarter worth $41,000. 84.88% of the stock is owned by institutional investors and hedge funds.

In related news, COO Satish Dhanasekaran sold 2,490 shares of the business’s stock in a transaction that occurred on Monday, March 29th. The stock was sold at an average price of $142.18, for a total value of $354,028.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.42% of the stock is currently owned by insiders.

KEYS has been the subject of several recent analyst reports. Zacks Investment Research upgraded Keysight Technologies from a “hold” rating to a “buy” rating and set a $149.00 price target for the company in a report on Monday, February 22nd. Citigroup boosted their target price on shares of Keysight Technologies from $130.00 to $175.00 in a research report on Friday, January 22nd. Credit Suisse Group upped their target price on shares of Keysight Technologies from $125.00 to $175.00 and gave the company an “outperform” rating in a research note on Thursday, February 25th. Barclays upped their price target on shares of Keysight Technologies from $135.00 to $161.00 and gave the company an “overweight” rating in a report on Thursday, January 14th. Finally, UBS Group upped their price target on shares of Keysight Technologies from $145.00 to $170.00 and gave the company a “buy” rating in a report on Friday, January 15th. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $149.09.

KEYS opened at $145.40 on Friday. Keysight Technologies, Inc. has a fifty-two week low of $90.62 and a fifty-two week high of $155.50. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.12 and a quick ratio of 2.42. The firm’s fifty day moving average price is $139.89 and its two-hundred day moving average price is $129.45. The company has a market capitalization of $27.04 billion, a P/E ratio of 43.93, a P/E/G ratio of 2.79 and a beta of 1.04.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Thursday, February 18th. The scientific and technical instruments company reported $1.43 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.37 by $0.06. The company had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Keysight Technologies had a return on equity of 25.76% and a net margin of 14.85%. During the same period last year, the business earned $1.26 earnings per share. On average, equities research analysts expect that Keysight Technologies, Inc. will post 5.17 EPS for the current fiscal year.

Keysight Technologies Profile

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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test instruments; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions; and repair, calibration, and consulting services, as well as resells refurbished used Keysight equipment.

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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