Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB lowered its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 12.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 664 shares of the scientific and technical instruments company’s stock after selling 94 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Keysight Technologies were worth $107,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of KEYS. Truvestments Capital LLC purchased a new position in shares of Keysight Technologies during the 3rd quarter valued at approximately $28,000. Erste Asset Management GmbH acquired a new stake in Keysight Technologies in the third quarter valued at $29,000. Goodman Advisory Group LLC bought a new position in Keysight Technologies during the 3rd quarter valued at $35,000. Groupama Asset Managment grew its holdings in Keysight Technologies by 76.6% during the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock worth $35,000 after acquiring an additional 9,437 shares in the last quarter. Finally, Prospera Private Wealth LLC bought a new stake in shares of Keysight Technologies in the 3rd quarter worth about $57,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insiders Place Their Bets

In other Keysight Technologies news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the sale, the senior vice president now directly owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. This represents a 6.53 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Lisa M. Poole sold 350 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the sale, the vice president now owns 4,820 shares in the company, valued at $828,027.80. The trade was a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 33,063 shares of company stock worth $5,573,941 over the last ninety days. Company insiders own 0.61% of the company’s stock.

Keysight Technologies Stock Performance

Shares of KEYS opened at $179.42 on Friday. The firm has a 50-day moving average price of $167.95 and a 200 day moving average price of $157.46. The firm has a market capitalization of $31.02 billion, a PE ratio of 51.26, a P/E/G ratio of 2.25 and a beta of 1.02. Keysight Technologies, Inc. has a 52-week low of $119.72 and a 52-week high of $180.26. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on KEYS shares. Morgan Stanley upped their price objective on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. Barclays raised their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their target price for the company from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.

About Keysight Technologies

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.