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Insider Selling: Keysight Technologies (NYSE:KEYS) Director Sells $957,660.00 in Stock

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Key Points

  • Keysight director Jean McClung Nye sold 3,000 shares at an average price of $319.22, generating $957,660 and reducing her ownership by 7.74% to 35,752 shares.
  • Keysight reported strong quarterly results, with EPS of $3.07 versus the $2.48 consensus and revenue of $1.85 billion, up 36.5% year over year.
  • Analysts remain broadly bullish: the stock carries a “Moderate Buy” consensus rating and a $392.83 average price target, while institutional investors own 84.58% of shares.
  • MarketBeat previews top five stocks to own in September.

Keysight Technologies Inc. (NYSE:KEYS - Get Free Report) Director Jean Mcclung Nye sold 3,000 shares of the company's stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $319.22, for a total value of $957,660.00. Following the sale, the director owned 35,752 shares in the company, valued at approximately $11,412,753.44. This trade represents a 7.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Keysight Technologies Stock Down 1.7%

NYSE:KEYS opened at $310.69 on Tuesday. The company has a current ratio of 2.02, a quick ratio of 1.62 and a debt-to-equity ratio of 0.28. The company has a market cap of $53.10 billion, a price-to-earnings ratio of 42.68, a price-to-earnings-growth ratio of 1.80 and a beta of 1.22. The stock has a fifty day simple moving average of $331.94 and a 200-day simple moving average of $316.57. Keysight Technologies Inc. has a twelve month low of $158.79 and a twelve month high of $374.96.

Keysight Technologies (NYSE:KEYS - Get Free Report) last issued its quarterly earnings results on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.59. Keysight Technologies had a return on equity of 24.34% and a net margin of 19.08%.The business had revenue of $1.85 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter last year, the company earned $1.72 earnings per share. The company's quarterly revenue was up 36.5% on a year-over-year basis. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. Analysts anticipate that Keysight Technologies Inc. will post 9.03 EPS for the current year.

Institutional Trading of Keysight Technologies

A number of hedge funds have recently added to or reduced their stakes in the stock. California State Teachers Retirement System lifted its stake in shares of Keysight Technologies by 34,044.8% in the 2nd quarter. California State Teachers Retirement System now owns 92,234,343 shares of the scientific and technical instruments company's stock worth $32,288,476,000 after acquiring an additional 91,964,216 shares during the period. Ameritas Advisory Services LLC acquired a new stake in Keysight Technologies in the second quarter valued at about $669,000. Wedmont Private Capital boosted its holdings in Keysight Technologies by 4.5% in the 2nd quarter. Wedmont Private Capital now owns 3,221 shares of the scientific and technical instruments company's stock valued at $1,037,000 after purchasing an additional 139 shares in the last quarter. HB Wealth Management LLC raised its stake in shares of Keysight Technologies by 23.7% during the 2nd quarter. HB Wealth Management LLC now owns 20,600 shares of the scientific and technical instruments company's stock worth $7,212,000 after buying an additional 3,945 shares in the last quarter. Finally, Saudi Central Bank lifted its holdings in shares of Keysight Technologies by 89.3% in the 2nd quarter. Saudi Central Bank now owns 12,005 shares of the scientific and technical instruments company's stock valued at $4,203,000 after buying an additional 5,663 shares during the period. 84.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on KEYS shares. The Goldman Sachs Group reissued a "buy" rating on shares of Keysight Technologies in a research note on Wednesday, May 20th. Truist Financial upped their price target on Keysight Technologies from $376.00 to $400.00 and gave the company a "hold" rating in a research note on Wednesday, August 19th. Wells Fargo & Company raised their price objective on Keysight Technologies from $390.00 to $405.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 19th. Zacks Research upgraded shares of Keysight Technologies from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $400.00 to $425.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Keysight Technologies has a consensus rating of "Moderate Buy" and a consensus price target of $392.83.

Read Our Latest Report on Keysight Technologies

About Keysight Technologies

(Get Free Report)

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight's product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.

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