Coldstream Capital Management Inc. Sells 1,373 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Coldstream Capital Management Inc. decreased its position in Keysight Technologies, Inc. (NYSE:KEYS) by 28.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 3,426 shares of the scientific and technical instruments company’s stock after selling 1,373 shares during the period. Coldstream Capital Management Inc.’s holdings in Keysight Technologies were worth $544,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Meeder Asset Management Inc. bought a new stake in Keysight Technologies in the 2nd quarter worth $27,000. Truvestments Capital LLC purchased a new stake in shares of Keysight Technologies during the third quarter worth about $28,000. Erste Asset Management GmbH bought a new stake in shares of Keysight Technologies in the third quarter worth about $29,000. Family Firm Inc. purchased a new position in Keysight Technologies during the 2nd quarter valued at about $30,000. Finally, American National Bank & Trust bought a new position in Keysight Technologies during the 3rd quarter valued at approximately $31,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

KEYS has been the topic of a number of recent analyst reports. Robert W. Baird lifted their price objective on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 20th. Barclays boosted their price objective on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. StockNews.com cut shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, November 23rd. Finally, Bank of America raised their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $177.30.

Insider Transactions at Keysight Technologies

In related news, SVP Jeffrey K. Li sold 4,412 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the transaction, the senior vice president now owns 30,637 shares in the company, valued at $5,267,113.04. The trade was a 12.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP John Page sold 3,884 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $169.66, for a total transaction of $658,959.44. Following the sale, the senior vice president now owns 37,081 shares of the company’s stock, valued at approximately $6,291,162.46. This represents a 9.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 27,063 shares of company stock valued at $4,603,201 in the last ninety days. 0.60% of the stock is currently owned by corporate insiders.

Keysight Technologies Price Performance

Shares of KEYS opened at $166.50 on Friday. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $175.39. The firm’s 50-day simple moving average is $161.32 and its two-hundred day simple moving average is $148.44. The stock has a market cap of $28.89 billion, a PE ratio of 47.57, a price-to-earnings-growth ratio of 2.15 and a beta of 1.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

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.