Insider Selling: Keysight Technologies Inc. (NYSE:KEYS) SVP Sells $1,589,700.00 in Stock

Keysight Technologies Inc. (NYSE:KEYS - Get Free Report) SVP Ingrid A. Estrada sold 10,000 shares of the company's stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $158.97, for a total value of $1,589,700.00. Following the completion of the sale, the senior vice president now owns 108,590 shares in the company, valued at approximately $17,262,552.30. This represents a 8.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Keysight Technologies Trading Down 1.1%

NYSE KEYS traded down $1.82 during mid-day trading on Friday, reaching $163.13. 291,706 shares of the stock were exchanged, compared to its average volume of 1,109,126. The stock has a market capitalization of $28.08 billion, a PE ratio of 38.28, a PEG ratio of 2.24 and a beta of 1.09. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.75 and a current ratio of 3.39. Keysight Technologies Inc. has a 1-year low of $119.72 and a 1-year high of $186.20. The business's fifty day simple moving average is $156.03 and its 200 day simple moving average is $159.03.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings data 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 for the quarter, compared to analysts' expectations of $1.28 billion. Keysight Technologies had a return on equity of 19.65% and a net margin of 14.50%. The business's revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.41 earnings per share. On average, research analysts anticipate that Keysight Technologies Inc. will post 6.32 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Keysight Technologies

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in shares of Keysight Technologies by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 20,969,511 shares of the scientific and technical instruments company's stock valued at $3,140,604,000 after purchasing an additional 95,876 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in shares of Keysight Technologies by 16.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 18,790,100 shares of the scientific and technical instruments company's stock worth $2,814,195,000 after buying an additional 2,675,148 shares during the period. Kovitz Investment Group Partners LLC boosted its holdings in Keysight Technologies by 364.6% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 4,652,311 shares of the scientific and technical instruments company's stock valued at $747,301,000 after acquiring an additional 3,650,953 shares during the last quarter. Geode Capital Management LLC grew its position in Keysight Technologies by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 4,417,248 shares of the scientific and technical instruments company's stock valued at $708,349,000 after acquiring an additional 17,213 shares during the period. Finally, Boston Partners increased its stake in Keysight Technologies by 7.7% during the first quarter. Boston Partners now owns 4,263,417 shares of the scientific and technical instruments company's stock worth $636,854,000 after acquiring an additional 305,143 shares during the last quarter. 84.58% of the stock is owned by institutional investors and hedge funds.

Keysight Technologies Company 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.