Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Mather Group LLC.

Mather Group LLC. cut its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 5.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,378 shares of the scientific and technical instruments company’s stock after selling 176 shares during the quarter. Mather Group LLC.’s holdings in Keysight Technologies were worth $537,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ancora Advisors LLC acquired a new stake in Keysight Technologies in the third quarter valued at $25,000. Venturi Wealth Management LLC lifted its stake in shares of Keysight Technologies by 145.9% in the fourth quarter. Venturi Wealth Management LLC now owns 268 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 159 shares during the period. EdgeRock Capital LLC acquired a new position in Keysight Technologies during the fourth quarter worth about $46,000. GAMMA Investing LLC acquired a new position in Keysight Technologies during the fourth quarter worth about $48,000. Finally, Wetzel Investment Advisors Inc. purchased a new position in Keysight Technologies in the fourth quarter valued at about $53,000. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Susquehanna lowered their price target on Keysight Technologies from $208.00 to $195.00 and set a “positive” rating on the stock in a report on Tuesday, May 21st. Barclays upped their target price on Keysight Technologies from $141.00 to $151.00 and gave the company an “equal weight” rating in a report on Tuesday, May 21st. Finally, Robert W. Baird raised their price target on Keysight Technologies from $155.00 to $167.00 and gave the company an “outperform” rating in a research report on Tuesday, May 21st. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $166.33.

Keysight Technologies Trading Down 0.5 %

Shares of KEYS stock opened at $135.48 on Friday. The company has a market capitalization of $23.65 billion, a price-to-earnings ratio of 29.52, a PEG ratio of 4.70 and a beta of 1.00. The company has a current ratio of 1.99, a quick ratio of 1.48 and a debt-to-equity ratio of 0.24. The firm has a 50-day moving average price of $145.09 and a 200 day moving average price of $150.91. Keysight Technologies, Inc. has a twelve month low of $118.57 and a twelve month high of $172.72.

Keysight Technologies (NYSE:KEYS) last posted its quarterly earnings data on Monday, May 20th. The scientific and technical instruments company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.01. Keysight Technologies had a net margin of 15.70% and a return on equity of 23.79%. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.20 billion. Research analysts forecast that Keysight Technologies, Inc. will post 5.25 earnings per share for the current fiscal year.

Insider Transactions at Keysight Technologies

In related news, SVP Kailash Narayanan sold 4,300 shares of the company’s stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total value of $657,384.00. Following the completion of the transaction, the senior vice president now directly owns 29,156 shares in the company, valued at $4,457,369.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Kevin A. Stephens acquired 460 shares of the stock in a transaction dated Tuesday, May 28th. The stock was bought at an average cost of $143.35 per share, with a total value of $65,941.00. Following the purchase, the director now directly owns 7,681 shares of the company’s stock, valued at $1,101,071.35. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Kailash Narayanan sold 4,300 shares of the stock in a transaction on Tuesday, March 26th. The stock was sold at an average price of $152.88, for a total value of $657,384.00. Following the completion of the transaction, the senior vice president now directly owns 29,156 shares in the company, valued at $4,457,369.28. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.

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.