TD Private Client Wealth LLC Sells 646 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

TD Private Client Wealth LLC lowered its stake in Keysight Technologies, Inc. (NYSE:KEYS) by 17.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,124 shares of the scientific and technical instruments company’s stock after selling 646 shares during the quarter. TD Private Client Wealth LLC’s holdings in Keysight Technologies were worth $496,000 at the end of the most recent reporting period.

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

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $166.50 on Friday. 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, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $175.39. The company has a market capitalization of $28.89 billion, a P/E ratio of 47.57, a PEG ratio of 2.15 and a beta of 1.00. The stock has a 50 day moving average price of $161.32 and a two-hundred day moving average price of $148.49.

Insider Activity at Keysight Technologies

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 17,822 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the sale, the chief executive officer now owns 116,582 shares in the company, valued at approximately $19,779,302.12. This trade represents a 13.26 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Jeffrey K. Li sold 4,412 shares of the business’s stock in a transaction that occurred on 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 directly owns 30,637 shares in the company, valued at $5,267,113.04. This trade represents a 12.59 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 27,063 shares of company stock worth $4,603,201 in the last three months. 0.60% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have commented on KEYS. Morgan Stanley boosted their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and issued a $185.00 target price on shares of Keysight Technologies in a research report on Wednesday, November 20th. JPMorgan Chase & Co. raised their price target on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday, August 21st. Wells Fargo & Company reiterated an “overweight” rating and issued a $180.00 price objective on shares of Keysight Technologies in a report on Wednesday, August 21st. Finally, StockNews.com cut Keysight Technologies from a “buy” rating to a “hold” rating in a report on Saturday, November 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Keysight Technologies currently has a consensus rating of “Moderate Buy” and an average price target of $177.30.

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.