Calamos Advisors LLC Invests $7.04 Million in Keysight Technologies Inc. (NYSE:KEYS)

Calamos Advisors LLC purchased a new position in Keysight Technologies Inc. (NYSE:KEYS - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 47,000 shares of the scientific and technical instruments company's stock, valued at approximately $7,039,000.

A number of other large investors have also added to or reduced their stakes in KEYS. Kovitz Investment Group Partners LLC grew its holdings in Keysight Technologies by 364.6% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company's stock worth $747,301,000 after acquiring an additional 3,650,953 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Keysight Technologies by 29.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 16,114,952 shares of the scientific and technical instruments company's stock worth $2,588,546,000 after acquiring an additional 3,621,349 shares during the last quarter. Norges Bank bought a new stake in Keysight Technologies in the 4th quarter worth $320,707,000. Point72 Asset Management L.P. grew its holdings in Keysight Technologies by 343.6% in the 4th quarter. Point72 Asset Management L.P. now owns 1,008,192 shares of the scientific and technical instruments company's stock worth $161,946,000 after acquiring an additional 780,893 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in Keysight Technologies by 36,268.6% in the 1st quarter. GAMMA Investing LLC now owns 750,647 shares of the scientific and technical instruments company's stock worth $112,424,000 after acquiring an additional 748,583 shares during the last quarter. Institutional investors own 84.58% of the company's stock.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Ingrid A. Estrada sold 10,000 shares of Keysight Technologies stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the transaction, the senior vice president directly owned 108,590 shares of the company's stock, valued at approximately $17,262,552.30. The trade was a 8.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Satish Dhanasekaran sold 658 shares of Keysight Technologies stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $157.78, for a total transaction of $103,819.24. Following the completion of the transaction, the chief executive officer directly owned 115,576 shares of the company's stock, valued at $18,235,581.28. This trade represents a 0.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 31,830 shares of company stock valued at $5,124,049. 0.61% of the stock is owned by company insiders.

Analysts Set New Price Targets

KEYS has been the topic of a number of research reports. Bank of America lifted their target price on shares of Keysight Technologies from $165.00 to $170.00 and gave the company an "underperform" rating in a research note on Thursday, May 22nd. Wall Street Zen lowered shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. JPMorgan Chase & Co. lifted their target price on shares of Keysight Technologies from $172.00 to $177.00 and gave the company an "overweight" rating in a research note on Wednesday, May 21st. Finally, Morgan Stanley lifted their target price on shares of Keysight Technologies from $156.00 to $180.00 and gave the company an "overweight" rating in a research note on Tuesday, May 13th. One research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to MarketBeat, Keysight Technologies presently has an average rating of "Moderate Buy" and an average target price of $183.00.

Keysight Technologies Stock Down 0.6%

Keysight Technologies stock traded down $1.01 during trading hours on Monday, hitting $166.04. The stock had a trading volume of 80,120 shares, compared to its average volume of 1,099,395. The company has a quick ratio of 2.75, a current ratio of 3.39 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $28.58 billion, a P/E ratio of 38.98, a price-to-earnings-growth ratio of 2.28 and a beta of 1.09. Keysight Technologies Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. The stock's 50-day moving average price is $158.97 and its 200-day moving average price is $158.79.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.05. The business had revenue of $1.32 billion during the quarter, compared to analysts' expectations of $1.28 billion. Keysight Technologies had a net margin of 14.50% and a return on equity of 19.65%. The business's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.41 earnings per share. Equities research analysts anticipate that Keysight Technologies Inc. will post 6.32 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. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.