Mystic Asset Management Inc. Makes New $231,000 Investment in Keysight Technologies, Inc. (NYSE:KEYS)

Mystic Asset Management Inc. bought a new position in shares of Keysight Technologies, Inc. (NYSE:KEYS) during the 4th quarter, Holdings Channel reports. The fund bought 1,440 shares of the scientific and technical instruments company’s stock, valued at approximately $231,000.

Several other institutional investors also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC boosted its position in shares of Keysight Technologies by 3.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,952 shares of the scientific and technical instruments company’s stock worth $314,000 after purchasing an additional 61 shares in the last quarter. Caprock Group LLC boosted its position in shares of Keysight Technologies by 2.2% in the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock worth $502,000 after buying an additional 66 shares in the last quarter. Signaturefd LLC boosted its position in shares of Keysight Technologies by 2.8% in the 4th quarter. Signaturefd LLC now owns 2,410 shares of the scientific and technical instruments company’s stock worth $387,000 after buying an additional 66 shares in the last quarter. OLD National Bancorp IN boosted its position in shares of Keysight Technologies by 3.3% in the 4th quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock worth $340,000 after buying an additional 68 shares in the last quarter. Finally, RMR Wealth Builders boosted its position in shares of Keysight Technologies by 2.8% in the 4th quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock worth $417,000 after buying an additional 70 shares in the last quarter. 84.58% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other 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 transaction 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. This represents a 6.53 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.61% of the company’s stock.

Keysight Technologies Trading Down 1.1 %

Shares of KEYS stock opened at $152.60 on Wednesday. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The firm has a 50-day moving average price of $167.43 and a 200 day moving average price of $162.04. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $26.37 billion, a price-to-earnings ratio of 43.60, a PEG ratio of 2.41 and a beta of 1.10.

Analysts Set New Price Targets

Several equities research analysts recently commented on KEYS shares. 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. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $170.00 to $200.00 in a research report on Monday, December 16th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Wells Fargo & Company boosted their target price on shares of Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday, February 26th. Finally, Barclays boosted their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $184.44.

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.