Dark Forest Capital Management LP Raises Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Dark Forest Capital Management LP grew its stake in Keysight Technologies, Inc. (NYSE:KEYS - Free Report) by 84.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,068 shares of the scientific and technical instruments company's stock after buying an additional 2,313 shares during the period. Dark Forest Capital Management LP's holdings in Keysight Technologies were worth $814,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new position in shares of Keysight Technologies in the 3rd quarter worth about $120,000. Tidal Investments LLC lifted its position in Keysight Technologies by 8.0% in the 3rd quarter. Tidal Investments LLC now owns 8,649 shares of the scientific and technical instruments company's stock worth $1,375,000 after buying an additional 642 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Keysight Technologies by 2.7% in the third quarter. Principal Financial Group Inc. now owns 239,720 shares of the scientific and technical instruments company's stock worth $38,099,000 after buying an additional 6,241 shares in the last quarter. Versant Capital Management Inc grew its position in Keysight Technologies by 79.4% during the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company's stock valued at $57,000 after acquiring an additional 158 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Keysight Technologies by 109.1% during the fourth quarter. GAMMA Investing LLC now owns 2,064 shares of the scientific and technical instruments company's stock worth $332,000 after acquiring an additional 1,077 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company's stock.

Keysight Technologies Trading Down 0.8 %

Shares of Keysight Technologies stock traded down $1.21 during midday trading on Wednesday, reaching $143.34. 181,985 shares of the company's stock traded hands, compared to its average volume of 1,145,108. The stock has a 50 day moving average of $147.80 and a 200-day moving average of $159.61. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The company has a market cap of $24.77 billion, a PE ratio of 40.93, a price-to-earnings-growth ratio of 2.41 and a beta of 1.12. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

Insider Buying and Selling at Keysight Technologies

In other news, CFO Neil Dougherty sold 3,632 shares of Keysight Technologies stock in a transaction dated Thursday, March 27th. The shares were sold at an average price of $155.00, for a total transaction of $562,960.00. Following the sale, the chief financial officer now owns 115,063 shares of the company's stock, valued at approximately $17,834,765. The trade was a 3.06 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.61% of the company's stock.

Analyst Upgrades and Downgrades

KEYS has been the topic of several recent research reports. Robert W. Baird increased their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a report on Thursday, February 27th. StockNews.com cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. Wells Fargo & Company boosted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an "overweight" rating in a research note on Wednesday, February 26th. Finally, JPMorgan Chase & Co. reduced their price target on Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $181.33.

Keysight Technologies Company 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. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.