Keysight Technologies, Inc. (NYSE:KEYS) CEO Sells $103,819.24 in Stock

Keysight Technologies, Inc. (NYSE:KEYS - Get Free Report) CEO Satish Dhanasekaran sold 658 shares of the company's 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 now owns 115,576 shares of the company's stock, valued at approximately $18,235,581.28. This trade represents a 0.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Keysight Technologies Trading Up 0.2%

Shares of NYSE KEYS traded up $0.30 during midday trading on Wednesday, reaching $161.09. 689,572 shares of the stock were exchanged, compared to its average volume of 1,126,000. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The stock has a market capitalization of $27.84 billion, a P/E ratio of 46.03, a PEG ratio of 2.41 and a beta of 1.10. The company has a 50 day simple moving average of $147.95 and a 200 day simple moving average of $159.73. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its quarterly earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 EPS for the quarter, beating the consensus estimate of $1.65 by $0.05. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. Keysight Technologies had a return on equity of 19.22% and a net margin of 12.32%. The company's quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.41 EPS. As a group, equities analysts expect that Keysight Technologies, Inc. will post 6.32 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Robert W. Baird raised their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an "outperform" rating in a research note on Thursday, February 27th. Wall Street Zen downgraded Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. Morgan Stanley boosted their price target on Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 13th. Bank of America lifted their target price on shares of Keysight Technologies from $165.00 to $170.00 and gave the stock an "underperform" rating in a research note on Thursday, May 22nd. Finally, JPMorgan Chase & Co. increased their target price on shares of Keysight Technologies from $172.00 to $177.00 and gave the company an "overweight" rating in a research report on Wednesday, May 21st. One research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $183.00.

Institutional Investors Weigh In On Keysight Technologies

A number of institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its position in shares of Keysight Technologies by 3.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company's stock worth $314,000 after purchasing an additional 61 shares during the period. Caprock Group LLC boosted its position in shares of Keysight Technologies by 2.2% during the fourth quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company's stock worth $502,000 after buying an additional 66 shares during the period. Signaturefd LLC grew its stake in shares of Keysight Technologies by 2.8% in the fourth quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company's stock valued at $387,000 after buying an additional 66 shares in the last quarter. Summit Financial LLC raised its holdings in shares of Keysight Technologies by 2.2% in the 1st quarter. Summit Financial LLC now owns 3,468 shares of the scientific and technical instruments company's stock valued at $519,000 after buying an additional 73 shares during the period. Finally, Private Trust Co. NA boosted its holdings in Keysight Technologies by 39.9% during the 1st quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock valued at $39,000 after acquiring an additional 75 shares during the period. 84.58% of the stock is currently owned by institutional investors and hedge funds.

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.