Neil Dougherty Sells 12,215 Shares of Keysight Technologies Inc. (NYSE:KEYS) Stock

Keysight Technologies Inc. (NYSE:KEYS - Get Free Report) CFO Neil Dougherty sold 12,215 shares of Keysight Technologies stock in a transaction on Monday, June 30th. The shares were sold at an average price of $164.60, for a total transaction of $2,010,589.00. Following the completion of the sale, 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 filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Keysight Technologies Stock Performance

Shares of NYSE:KEYS traded down $7.14 during mid-day trading on Friday, reaching $158.39. 478,793 shares of the company traded hands, compared to its average volume of 1,103,254. The company's 50 day moving average price is $158.97 and its 200-day moving average price is $158.80. The firm has a market cap of $27.26 billion, a PE ratio of 37.18, a PEG ratio of 2.28 and a beta of 1.09. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.39 and a quick ratio of 2.75. Keysight Technologies Inc. has a 52 week low of $119.72 and a 52 week high of $186.20.

Keysight Technologies (NYSE:KEYS - Get Free Report) last posted its quarterly earnings results on Tuesday, May 20th. The scientific and technical instruments company reported $1.70 EPS for the quarter, topping analysts' consensus estimates of $1.65 by $0.05. Keysight Technologies had a return on equity of 19.65% and a net margin of 14.50%. The company had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.28 billion. During the same period in the previous year, the firm earned $1.41 EPS. The firm's revenue was up 7.4% compared to the same quarter last year. On average, equities analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Hedge Funds Weigh In On Keysight Technologies

Several hedge funds have recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division boosted its position in shares of Keysight Technologies by 97.8% during the first quarter. Central Pacific Bank Trust Division now owns 182 shares of the scientific and technical instruments company's stock valued at $27,000 after buying an additional 90 shares during the period. Accent Capital Management LLC purchased a new position in shares of Keysight Technologies during the first quarter valued at approximately $28,000. Manchester Capital Management LLC boosted its position in shares of Keysight Technologies by 85.0% during the first quarter. Manchester Capital Management LLC now owns 235 shares of the scientific and technical instruments company's stock valued at $35,000 after buying an additional 108 shares during the period. Zions Bancorporation National Association UT purchased a new position in shares of Keysight Technologies during the first quarter valued at approximately $36,000. Finally, Private Trust Co. NA boosted its position in shares of Keysight Technologies by 39.9% during the first quarter. Private Trust Co. NA now owns 263 shares of the scientific and technical instruments company's stock valued at $39,000 after buying an additional 75 shares during the period. 84.58% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on KEYS. Wall Street Zen lowered Keysight Technologies from a "strong-buy" rating to a "buy" rating in a research report on Saturday, March 22nd. JPMorgan Chase & Co. lifted their price objective on Keysight Technologies from $172.00 to $177.00 and gave the stock an "overweight" rating in a report on Wednesday, May 21st. Bank of America lifted their price objective on Keysight Technologies from $165.00 to $170.00 and gave the stock an "underperform" rating in a report on Thursday, May 22nd. Finally, Morgan Stanley lifted their price objective on Keysight Technologies from $156.00 to $180.00 and gave the stock an "overweight" rating in a report on Tuesday, May 13th. One equities research analyst has rated the stock with a sell rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $183.00.

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.