Keysight Technologies, Inc. (NYSE:KEYS - Get Free Report) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 1,930,000 shares, an increase of 19.9% from the March 31st total of 1,610,000 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average trading volume of 1,130,000 shares, the short-interest ratio is presently 1.7 days.
Insider Activity
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 completion of the sale, the chief financial officer now directly owns 115,063 shares in the company, valued at $17,834,765. The trade was a 3.06 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.61% of the company's stock.
Hedge Funds Weigh In On Keysight Technologies
A number of institutional investors have recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new position in Keysight Technologies in the third quarter valued at about $120,000. Tidal Investments LLC increased its stake in shares of Keysight Technologies by 8.0% in the third 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. increased its stake in shares of 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 during the last quarter. Versant Capital Management Inc boosted its stake in Keysight Technologies by 79.4% during the 4th 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 grew its holdings in Keysight Technologies by 109.1% during the 4th 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. Institutional investors and hedge funds own 84.58% of the company's stock.
Analyst Ratings Changes
A number of analysts have issued reports on KEYS shares. Wells Fargo & Company raised their price target on Keysight Technologies from $180.00 to $190.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 26th. StockNews.com downgraded shares of Keysight Technologies from a "strong-buy" rating to a "buy" rating in a report on Saturday, March 22nd. JPMorgan Chase & Co. cut their price target on shares of Keysight Technologies from $200.00 to $172.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Finally, Robert W. Baird boosted their price objective 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. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $181.33.
Get Our Latest Stock Report on KEYS
Keysight Technologies Stock Up 2.0 %
Shares of NYSE KEYS traded up $2.84 during trading on Friday, reaching $148.38. 979,411 shares of the stock were exchanged, compared to its average volume of 1,149,046. The company has a market capitalization of $25.64 billion, a price-to-earnings ratio of 42.39, a price-to-earnings-growth ratio of 2.41 and a beta of 1.10. The business's 50-day moving average price is $146.18 and its 200 day moving average price is $159.35. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies has a twelve month low of $119.72 and a twelve month high of $186.20.
About Keysight Technologies
(
Get Free Report)
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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