Keysight Technologies, Inc. (NYSE:KEYS) SVP Sells $816,541.50 in Stock

Keysight Technologies, Inc. (NYSE:KEYS) SVP Ingrid A. Estrada sold 5,475 shares of the business’s stock in a transaction that occurred on Wednesday, June 9th. The stock was sold at an average price of $149.14, for a total transaction of $816,541.50. Following the completion of the sale, the senior vice president now owns 88,626 shares in the company, valued at $13,217,681.64. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

KEYS traded up $1.97 on Thursday, reaching $148.94. 409,931 shares of the company traded hands, compared to its average volume of 1,165,208. The business has a 50 day moving average price of $143.35. Keysight Technologies, Inc. has a 52-week low of $90.62 and a 52-week high of $155.50. The stock has a market cap of $27.70 billion, a P/E ratio of 36.83, a price-to-earnings-growth ratio of 2.55 and a beta of 0.92. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.50.

Keysight Technologies (NYSE:KEYS) last announced its quarterly earnings data on Tuesday, May 18th. The scientific and technical instruments company reported $1.44 EPS for the quarter, beating the Zacks’ consensus estimate of $1.34 by $0.10. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. Keysight Technologies had a net margin of 16.21% and a return on equity of 28.46%. The firm’s revenue was up 36.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.78 earnings per share. On average, sell-side analysts anticipate that Keysight Technologies, Inc. will post 5.31 earnings per share for the current year.

Several research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Keysight Technologies from $155.00 to $158.00 and gave the stock a “hold” rating in a research report on Monday, May 24th. Robert W. Baird reissued a “buy” rating on shares of Keysight Technologies in a research report on Sunday, May 23rd. Zacks Investment Research raised shares of Keysight Technologies from a “hold” rating to a “buy” rating and set a $149.00 target price on the stock in a research report on Monday, February 22nd. Finally, Credit Suisse Group lifted their target price on shares of Keysight Technologies from $125.00 to $175.00 and gave the stock an “outperform” rating in a research report on Thursday, February 25th. Two equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $149.82.

Hedge funds have recently bought and sold shares of the business. Semmax Financial Advisors Inc. bought a new stake in Keysight Technologies in the first quarter worth approximately $26,000. Freedman Financial Associates Inc. bought a new stake in Keysight Technologies in the fourth quarter worth approximately $28,000. Jacobi Capital Management LLC grew its position in Keysight Technologies by 128.9% in the first quarter. Jacobi Capital Management LLC now owns 206 shares of the scientific and technical instruments company’s stock worth $30,000 after acquiring an additional 116 shares in the last quarter. NN Investment Partners Holdings N.V. bought a new stake in Keysight Technologies in the first quarter worth approximately $31,000. Finally, Assetmark Inc. bought a new stake in Keysight Technologies in the fourth quarter worth approximately $37,000. 84.14% of the stock is owned by institutional investors.

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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test instruments; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions; and repair, calibration, and consulting services, as well as resells refurbished used Keysight equipment.

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

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