Keysight Technologies Inc. (NYSE:KEYS) Shares Sold by Crestwood Advisors Group LLC

Crestwood Advisors Group LLC lessened its holdings in shares of Keysight Technologies Inc. (NYSE:KEYS - Free Report) by 5.7% in the first quarter, according to its most recent filing with the SEC. The firm owned 26,066 shares of the scientific and technical instruments company's stock after selling 1,588 shares during the quarter. Crestwood Advisors Group LLC's holdings in Keysight Technologies were worth $3,904,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in KEYS. Central Pacific Bank Trust Division raised its holdings in Keysight Technologies by 97.8% in the 1st quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock worth $27,000 after acquiring an additional 90 shares during the period. Private Trust Co. NA raised its stake in shares of Keysight Technologies by 39.9% in the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock worth $39,000 after acquiring an additional 75 shares during the last quarter. Sunbelt Securities Inc. raised its stake in shares of Keysight Technologies by 241.8% during the fourth quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company's stock worth $44,000 after buying an additional 191 shares during the last quarter. Goodman Advisory Group LLC bought a new stake in shares of Keysight Technologies during the first quarter worth approximately $51,000. Finally, Quarry LP increased its stake in Keysight Technologies by 188.1% in the fourth quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company's stock valued at $70,000 after purchasing an additional 284 shares in the last quarter. 84.58% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on KEYS. Morgan Stanley increased their target price on shares of Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a report on Tuesday, May 13th. Bank of America raised shares of Keysight Technologies from an "underperform" rating to a "neutral" rating and raised their target price for the company from $170.00 to $175.00 in a report on Monday. Finally, JPMorgan Chase & Co. lifted their price target on shares of Keysight Technologies from $177.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $186.11.

Insider Activity

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

Keysight Technologies Stock Performance

KEYS stock opened at $162.86 on Tuesday. 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 business's fifty day simple moving average is $162.01 and its two-hundred day simple moving average is $158.82. Keysight Technologies Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The firm has a market cap of $28.03 billion, a price-to-earnings ratio of 38.23, a PEG ratio of 2.21 and a beta of 1.09.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings data on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 earnings per share for the quarter, beating analysts' consensus estimates of $1.65 by $0.05. Keysight Technologies had a return on equity of 19.65% and a net margin of 14.50%. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.28 billion. During the same quarter last year, the company earned $1.41 earnings per share. The firm's revenue for the quarter was up 7.4% compared to the same quarter last year. Analysts predict that Keysight Technologies Inc. will post 6.32 earnings per share for the current year.

About Keysight Technologies

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.

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