Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Jennison Associates LLC

Jennison Associates LLC decreased its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 50.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,060,983 shares of the scientific and technical instruments company’s stock after selling 1,091,378 shares during the period. Jennison Associates LLC’s holdings in Keysight Technologies were worth $170,426,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in KEYS. Caprock Group LLC grew its holdings in Keysight Technologies by 2.2% during the 4th quarter. Caprock Group LLC now owns 3,127 shares of the scientific and technical instruments company’s stock worth $502,000 after acquiring an additional 66 shares in the last quarter. OLD National Bancorp IN lifted its position in shares of Keysight Technologies by 3.3% during the fourth quarter. OLD National Bancorp IN now owns 2,118 shares of the scientific and technical instruments company’s stock worth $340,000 after purchasing an additional 68 shares during the last quarter. RMR Wealth Builders grew its stake in Keysight Technologies by 2.8% in the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock worth $417,000 after purchasing an additional 70 shares in the last quarter. Cromwell Holdings LLC increased its holdings in Keysight Technologies by 15.9% in the third quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock valued at $87,000 after buying an additional 75 shares during the last quarter. Finally, Allworth Financial LP raised its stake in Keysight Technologies by 3.9% during the third quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock valued at $317,000 after buying an additional 75 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Insider Transactions at Keysight Technologies

In related news, SVP Jeffrey K. Li sold 4,412 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $171.92, for a total transaction of $758,511.04. Following the completion of the transaction, the senior vice president now owns 30,637 shares of the company’s stock, valued at $5,267,113.04. This trade represents a 12.59 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Mark Adam Wallace sold 6,000 shares of Keysight Technologies stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the transaction, the senior vice president now directly owns 85,829 shares in the company, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 33,063 shares of company stock valued at $5,573,941. 0.61% of the stock is currently owned by corporate insiders.

Keysight Technologies Stock Performance

Shares of KEYS stock opened at $178.19 on Monday. The business has a 50 day simple moving average of $167.01 and a 200 day simple moving average of $155.43. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. The firm has a market capitalization of $30.81 billion, a price-to-earnings ratio of 50.91, a price-to-earnings-growth ratio of 2.26 and a beta of 1.02. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $180.26.

Analyst Ratings Changes

KEYS has been the subject of several research reports. Deutsche Bank Aktiengesellschaft lifted their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating 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 target price for the company from $170.00 to $200.00 in a research note on Monday, December 16th. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. Morgan Stanley lifted their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Finally, Bank of America increased their price objective on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating and ten have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $180.80.

Keysight Technologies Company 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.