Keysight Technologies, Inc. (NYSE:KEYS) Shares Purchased by Lester Murray Antman dba SimplyRich

Lester Murray Antman dba SimplyRich grew its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 5.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,382 shares of the scientific and technical instruments company’s stock after purchasing an additional 133 shares during the quarter. Lester Murray Antman dba SimplyRich’s holdings in Keysight Technologies were worth $382,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Exchange Traded Concepts LLC boosted its holdings in shares of Keysight Technologies by 3,570.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 1,615 shares of the scientific and technical instruments company’s stock worth $257,000 after purchasing an additional 1,571 shares during the last quarter. Creative Planning lifted its position in Keysight Technologies by 11.4% during the third quarter. Creative Planning now owns 20,874 shares of the scientific and technical instruments company’s stock worth $3,318,000 after buying an additional 2,138 shares in the last quarter. Swedbank AB boosted its stake in Keysight Technologies by 7.1% during the third quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock worth $702,671,000 after buying an additional 292,372 shares during the last quarter. Vontobel Holding Ltd. grew its holdings in Keysight Technologies by 1.0% in the 3rd quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock valued at $171,830,000 after buying an additional 10,579 shares in the last quarter. Finally, Cardinal Capital Management increased its stake in shares of Keysight Technologies by 1.1% in the 3rd quarter. Cardinal Capital Management now owns 38,900 shares of the scientific and technical instruments company’s stock worth $6,182,000 after acquiring an additional 410 shares during the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the senior vice president now owns 85,829 shares of the company’s stock, valued at $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction 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 sale, the chief executive officer now owns 116,582 shares in the company, valued at $19,779,302.12. This trade represents a 13.26 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 33,063 shares of company stock valued at $5,573,941. Corporate insiders own 0.61% of the company’s stock.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $176.50 on Wednesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The stock has a market cap of $30.52 billion, a PE ratio of 50.43, a P/E/G ratio of 2.25 and a beta of 1.02. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $180.26. The stock has a fifty day moving average price of $167.84 and a 200 day moving average price of $157.32.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft increased their price target on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Susquehanna reiterated a “positive” rating and issued a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. Barclays lifted their target price on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. StockNews.com upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. Finally, JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. One equities research analyst has rated the stock with a sell rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $180.80.

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.