Keysight Technologies Inc. (NYSE:KEYS) CFO Sells $2,010,589.00 in Stock

Keysight Technologies Inc. (NYSE:KEYS - Get Free Report) CFO Neil Dougherty sold 12,215 shares of the firm's stock in a transaction on Monday, June 30th. The stock was sold at an average price of $164.60, for a total value of $2,010,589.00. Following the transaction, the chief financial officer owned 115,228 shares in the company, valued at approximately $18,966,528.80. This trade represents a 9.58% 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 Up 0.7%

KEYS traded up $1.16 during midday trading on Wednesday, hitting $165.63. 695,697 shares of the company were exchanged, compared to its average volume of 1,103,688. The firm's 50 day moving average price is $158.39 and its 200-day moving average price is $158.94. Keysight Technologies Inc. has a 1-year low of $119.72 and a 1-year high of $186.20. The firm has a market capitalization of $28.51 billion, a P/E ratio of 38.88, a P/E/G ratio of 2.24 and a beta of 1.09. The company has a quick ratio of 2.75, a current ratio of 3.39 and a debt-to-equity ratio of 0.46.

Keysight Technologies (NYSE:KEYS - Get Free Report) last announced its 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. Keysight Technologies had a return on equity of 19.65% and a net margin of 14.50%. The business had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.28 billion. During the same period in the prior year, the business posted $1.41 earnings per share. The firm's revenue was up 7.4% on a year-over-year basis. As a group, equities analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Institutional Trading of Keysight Technologies

Institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its stake in shares of Keysight Technologies by 3.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company's stock valued at $314,000 after purchasing an additional 61 shares during the period. Signaturefd LLC lifted its stake in 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 during the period. Summit Financial LLC boosted its holdings in shares of Keysight Technologies by 2.2% during the 1st quarter. Summit Financial LLC now owns 3,468 shares of the scientific and technical instruments company's stock worth $519,000 after buying an additional 73 shares in the last quarter. Private Trust Co. NA grew its position in shares of 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 worth $39,000 after buying an additional 75 shares during the period. Finally, Principal Securities Inc. grew its position in shares of Keysight Technologies by 9.1% during the 1st quarter. Principal Securities Inc. now owns 910 shares of the scientific and technical instruments company's stock worth $146,000 after buying an additional 76 shares during the period. Institutional investors own 84.58% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Morgan Stanley boosted their target price on Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a research note on Tuesday, May 13th. Bank of America increased their price objective on shares of Keysight Technologies from $165.00 to $170.00 and gave the company an "underperform" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. boosted their target price 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, Wall Street Zen cut Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research note on Saturday, March 22nd. One research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $183.00.

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.