Steph & Co. lowered its holdings in Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 54.0% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 678 shares of the scientific and technical instruments company’s stock after selling 797 shares during the period. Steph & Co.’s holdings in Keysight Technologies were worth $102,000 at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the business. Central Pacific Bank Trust Division lifted its stake in Keysight Technologies by 97.8% in 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 last quarter. Venturi Wealth Management LLC lifted its position in Keysight Technologies by 100.8% in the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 133 shares during the last quarter. Sunbelt Securities Inc. lifted its position in Keysight Technologies by 241.8% in the 4th quarter. Sunbelt Securities Inc. now owns 270 shares of the scientific and technical instruments company’s stock valued at $44,000 after purchasing an additional 191 shares during the last quarter. Quarry LP raised its holdings in shares of Keysight Technologies by 188.1% during the fourth quarter. Quarry LP now owns 435 shares of the scientific and technical instruments company’s stock valued at $70,000 after buying an additional 284 shares during the last quarter. Finally, ORG Wealth Partners LLC bought a new stake in shares of Keysight Technologies during the first quarter valued at approximately $73,000. Institutional investors own 84.58% of the company’s stock.
Insider Buying and Selling at Keysight Technologies
In other Keysight Technologies news, SVP Ingrid A. Estrada sold 10,000 shares of the business’s stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $158.97, for a total transaction of $1,589,700.00. Following the sale, the senior vice president now owns 108,590 shares in the company, valued at approximately $17,262,552.30. The trade was a 8.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP John Page sold 7,368 shares of the business’s stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $157.78, for a total value of $1,162,523.04. Following the sale, the senior vice president now owns 36,986 shares in the company, valued at approximately $5,835,651.08. The trade was a 16.61% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 19,615 shares of company stock valued at $3,113,460. Corporate insiders own 0.61% of the company’s stock.
Keysight Technologies Price Performance
Keysight Technologies (NYSE:KEYS – Get Free Report) last released its 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. The business had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.28 billion. Keysight Technologies had a net margin of 14.50% and a return on equity of 19.65%. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.41 EPS. As a group, sell-side analysts anticipate that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on KEYS shares. Morgan Stanley lifted their price target on Keysight Technologies from $156.00 to $180.00 and gave the company an “overweight” rating in a report on Tuesday, May 13th. Robert W. Baird lifted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Wall Street Zen cut shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. Wells Fargo & Company boosted their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Keysight Technologies from $172.00 to $177.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 21st. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $183.00.
View Our Latest Research Report on Keysight Technologies
Keysight Technologies 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.
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