Eagle Ridge Investment Management Sells 1,269 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Eagle Ridge Investment Management lessened its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 0.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 153,819 shares of the scientific and technical instruments company’s stock after selling 1,269 shares during the quarter. Keysight Technologies makes up 2.2% of Eagle Ridge Investment Management’s portfolio, making the stock its 16th biggest position. Eagle Ridge Investment Management’s holdings in Keysight Technologies were worth $24,708,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Truvestments Capital LLC purchased a new stake in Keysight Technologies in the third quarter worth $28,000. Erste Asset Management GmbH purchased a new stake in Keysight Technologies in the third quarter worth $29,000. Goodman Advisory Group LLC purchased a new stake in Keysight Technologies in the third quarter worth $35,000. Groupama Asset Managment grew its stake in Keysight Technologies by 76.6% in the third quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock worth $35,000 after purchasing an additional 9,437 shares during the period. Finally, Prospera Private Wealth LLC purchased a new stake in Keysight Technologies in the third quarter worth $57,000. Institutional investors own 84.58% of the company’s stock.

Analyst Ratings Changes

KEYS has been the topic of several recent research reports. StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, January 23rd. Morgan Stanley increased their target price on Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft increased 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. Barclays increased their target price on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. Finally, Robert W. Baird increased their target price on Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $180.80.

Insider Transactions at Keysight Technologies

In other news, VP Lisa M. Poole sold 350 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Kailash Narayanan sold 595 shares of Keysight Technologies stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $171.30, for a total value of $101,923.50. Following the sale, the senior vice president now directly owns 35,912 shares in the company, valued at $6,151,725.60. This trade represents a 1.63 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 33,063 shares of company stock valued at $5,573,941 over the last quarter. 0.61% of the stock is currently owned by company insiders.

Keysight Technologies Stock Up 0.1 %

NYSE KEYS opened at $177.66 on Friday. The stock’s 50-day moving average price is $167.55 and its 200-day moving average price is $156.25. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 52 week low of $119.72 and a 52 week high of $180.26. The company has a market capitalization of $30.72 billion, a P/E ratio of 50.76, a price-to-earnings-growth ratio of 2.26 and a beta of 1.02.

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.