RMR Wealth Builders Purchases 70 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

RMR Wealth Builders raised its stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 2.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 2,593 shares of the scientific and technical instruments company’s stock after purchasing an additional 70 shares during the period. RMR Wealth Builders’ holdings in Keysight Technologies were worth $417,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in KEYS. Meeder Asset Management Inc. acquired a new position in Keysight Technologies during the 2nd quarter valued at about $27,000. Truvestments Capital LLC purchased a new position in shares of Keysight Technologies in the 3rd quarter worth approximately $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies in the 3rd quarter worth approximately $29,000. American National Bank & Trust purchased a new position in shares of Keysight Technologies in the 3rd quarter worth approximately $31,000. Finally, Goodman Advisory Group LLC purchased a new position in shares of Keysight Technologies in the 3rd quarter worth approximately $35,000. Institutional investors and hedge funds own 84.58% of the company’s stock.

Insider Transactions at Keysight Technologies

In related news, SVP Mark Adam Wallace sold 6,000 shares of the company’s stock in a transaction 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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Lisa M. Poole sold 350 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the transaction, the vice president now owns 4,820 shares of the company’s stock, valued at $828,027.80. This trade represents a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 33,063 shares of company stock valued at $5,573,941. 0.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on KEYS shares. StockNews.com downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft boosted their target price on Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Bank of America boosted their target price on Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. Morgan Stanley lifted their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. Finally, Robert W. Baird lifted their price target on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $180.80.

Keysight Technologies Trading Down 2.2 %

Keysight Technologies stock opened at $161.30 on Friday. The stock has a market cap of $27.93 billion, a P/E ratio of 46.09, a PEG ratio of 2.12 and a beta of 1.02. Keysight Technologies, Inc. has a fifty-two week low of $119.72 and a fifty-two week high of $175.39. The firm’s fifty day moving average price is $164.11 and its 200-day moving average price is $151.91. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

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.