Insider Selling: Keysight Technologies Inc (NYSE:KEYS) SVP Sells 3,500 Shares of Stock

Keysight Technologies Inc (NYSE:KEYS) SVP Ingrid A. Estrada sold 3,500 shares of the stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $100.00, for a total transaction of $350,000.00. Following the completion of the transaction, the senior vice president now directly owns 73,159 shares of the company’s stock, valued at $7,315,900. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

KEYS traded down $1.33 during midday trading on Tuesday, reaching $95.92. The company’s stock had a trading volume of 1,415,359 shares, compared to its average volume of 1,768,731. The firm has a market capitalization of $18.06 billion, a price-to-earnings ratio of 31.97, a PEG ratio of 2.28 and a beta of 1.27. The company has a current ratio of 2.05, a quick ratio of 1.56 and a debt-to-equity ratio of 0.44. Keysight Technologies Inc has a 1 year low of $53.21 and a 1 year high of $102.00. The stock’s 50-day moving average is $95.38 and its 200-day moving average is $88.52.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Wednesday, August 21st. The scientific and technical instruments company reported $1.17 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.22. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Keysight Technologies had a net margin of 7.38% and a return on equity of 28.65%. The business’s revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.89 earnings per share. As a group, equities research analysts forecast that Keysight Technologies Inc will post 4.23 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Cornerstone Advisors Inc. purchased a new stake in Keysight Technologies in the second quarter worth about $30,000. Johnson Financial Group Inc. purchased a new stake in shares of Keysight Technologies during the second quarter valued at approximately $35,000. Harvest Fund Management Co. Ltd purchased a new stake in shares of Keysight Technologies during the second quarter valued at approximately $41,000. Commonwealth Bank of Australia grew its holdings in shares of Keysight Technologies by 57.6% during the second quarter. Commonwealth Bank of Australia now owns 487 shares of the scientific and technical instruments company’s stock valued at $41,000 after buying an additional 178 shares during the last quarter. Finally, Motco purchased a new stake in shares of Keysight Technologies during the second quarter valued at approximately $48,000. Institutional investors and hedge funds own 85.86% of the company’s stock.

A number of equities analysts recently issued reports on KEYS shares. ValuEngine downgraded shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday, September 4th. Credit Suisse Group reissued an “outperform” rating and issued a $110.00 price target (up from $90.00) on shares of Keysight Technologies in a research note on Thursday, August 22nd. Zacks Investment Research raised shares of Keysight Technologies from a “hold” rating to a “strong-buy” rating and set a $78.00 price target for the company in a research note on Tuesday, June 4th. Citigroup set a $100.00 price target on shares of Keysight Technologies and gave the stock a “buy” rating in a research note on Friday, August 16th. Finally, Goldman Sachs Group downgraded shares of Keysight Technologies from a “buy” rating to a “neutral” rating and set a $86.00 price target for the company. in a research note on Sunday, July 21st. One research analyst has rated the stock with a sell rating, two have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $99.11.

Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, and electronic industries in the Americas and the Asia Pacific. Its Communications Solutions Group segment provides radio frequency and microwave test instruments, and electronic design automation software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and optical laser source solutions, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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Insider Buying and Selling by Quarter for Keysight Technologies (NYSE:KEYS)

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