Keysight Technologies, Inc. (NYSE:KEYS) Short Interest Down 14.5 … – MarketBeat
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
Keysight Technologies, Inc. (NYSE:KEYS – Get Rating) was the recipient of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 2,650,000 shares, a decrease of 14.5% from the November 15th total of 3,100,000 shares. Based on an average daily volume of 942,200 shares, the short-interest ratio is presently 2.8 days. Approximately 1.5% of the company’s shares are short sold.
Insider Buying and Selling
In other Keysight Technologies news, SVP John Page sold 6,910 shares of Keysight Technologies stock in a transaction on Friday, September 30th. The shares were sold at an average price of $161.48, for a total value of $1,115,826.80. Following the transaction, the senior vice president now owns 57,201 shares in the company, valued at approximately $9,236,817.48. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, SVP John Page sold 6,910 shares of the firm’s stock in a transaction dated Friday, September 30th. The stock was sold at an average price of $161.48, for a total value of $1,115,826.80. Following the transaction, the senior vice president now directly owns 57,201 shares in the company, valued at approximately $9,236,817.48. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Satish Dhanasekaran sold 4,386 shares of the business’s stock in a transaction dated Tuesday, November 29th. The stock was sold at an average price of $173.45, for a total value of $760,751.70. Following the sale, the chief executive officer now owns 92,646 shares of the company’s stock, valued at approximately $16,069,448.70. The disclosure for this sale can be found here. Over the last quarter, insiders sold 27,480 shares of company stock valued at $4,724,731. Insiders own 0.55% of the company’s stock.
Institutional Trading of Keysight Technologies
Hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in shares of Keysight Technologies by 35.8% during the second quarter. JPMorgan Chase & Co. now owns 3,734,064 shares of the scientific and technical instruments company’s stock worth $514,741,000 after buying an additional 983,521 shares during the period. Great West Life Assurance Co. Can acquired a new position in Keysight Technologies during the 3rd quarter worth $147,028,000. Alphinity Investment Management Pty Ltd grew its stake in shares of Keysight Technologies by 56.6% in the second quarter. Alphinity Investment Management Pty Ltd now owns 1,386,055 shares of the scientific and technical instruments company’s stock worth $191,068,000 after purchasing an additional 501,149 shares in the last quarter. Bessemer Group Inc. increased its holdings in shares of Keysight Technologies by 17,300.3% during the third quarter. Bessemer Group Inc. now owns 482,163 shares of the scientific and technical instruments company’s stock valued at $75,874,000 after purchasing an additional 479,392 shares during the period. Finally, Findlay Park Partners LLP raised its stake in shares of Keysight Technologies by 101.1% during the first quarter. Findlay Park Partners LLP now owns 894,865 shares of the scientific and technical instruments company’s stock valued at $141,362,000 after purchasing an additional 449,957 shares in the last quarter. 81.87% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on KEYS shares. Barclays reduced their price objective on Keysight Technologies to $175.00 in a research note on Monday, November 21st. UBS Group raised their price target on shares of Keysight Technologies from $187.00 to $205.00 and gave the company a “buy” rating in a report on Tuesday, November 29th. Bank of America upped their price objective on shares of Keysight Technologies from $155.00 to $185.00 and gave the company a “neutral” rating in a research report on Friday, August 19th. Deutsche Bank Aktiengesellschaft cut their price target on Keysight Technologies from $193.00 to $190.00 and set a “buy” rating on the stock in a research note on Friday, November 18th. Finally, Susquehanna Bancshares dropped their price objective on Keysight Technologies from $205.00 to $200.00 and set a “positive” rating on the stock in a report on Friday, November 18th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Keysight Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $196.75.
Keysight Technologies Stock Performance
NYSE KEYS traded down $2.33 during trading hours on Friday, reaching $173.85. The company’s stock had a trading volume of 1,612,147 shares, compared to its average volume of 1,020,054. The stock has a market cap of $31.08 billion, a PE ratio of 28.13, a PEG ratio of 2.86 and a beta of 1.06. The business has a 50-day simple moving average of $170.98 and a 200 day simple moving average of $160.72. Keysight Technologies has a 52 week low of $127.93 and a 52 week high of $209.08. The company has a current ratio of 3.01, a quick ratio of 2.40 and a debt-to-equity ratio of 0.43.
Keysight Technologies (NYSE:KEYS – Get Rating) last released its quarterly earnings data on Thursday, November 17th. The scientific and technical instruments company reported $2.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.99 by $0.15. The business had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.40 billion. Keysight Technologies had a return on equity of 32.51% and a net margin of 20.74%. The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.71 EPS. Equities research analysts predict that Keysight Technologies will post 7.6 earnings per share for the current fiscal year.
About Keysight Technologies
(Get Rating)
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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test solutions, and related software; hardware and virtual network test platforms and software applications, including data center, routing and switching, software defined networking, security, and encryption; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; and optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions, as well as resells refurbished used Keysight equipment.
See Also
- Get a free copy of the StockNews.com research report on Keysight Technologies (KEYS)
- MarketBeat: Week in Review 12/12 – 12/16
- Which Two Bluechip Tech Companies Have Raised Their Guidance?
- Should You Worry About Elon Musk Selling His Tesla Shares?
- Can Tractor Supply Stock Surge Past Cup-With-Handle Buy Point?
- This is no Time to Buy Lennar but the Time is Coming
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Keysight Technologies, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Keysight Technologies wasn’t on the list.
While Keysight Technologies currently has a “Moderate Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Complete the form below to receive the latest headlines and analysts’ recommendations for your stocks with our free daily email newsletter:
Sign up for MarketBeat All Access to gain access to MarketBeat’s full suite of research tools:
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat’s trending stocks report.
Identify stocks that meet your criteria using seven unique stock screeners. See what’s happening in the market right now with MarketBeat’s real-time news feed. Export data to Excel for your own analysis.
As Featured By:
326 E 8th St #105, Sioux Falls, SD 57103
contact@marketbeat.com
(844) 978-6257
© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.