Valliance Asset Management Ltd Buys Shares of 10,000 Keysight Technologies, Inc. (NYSE:KEYS)

Valliance Asset Management Ltd purchased a new stake in Keysight Technologies, Inc. (NYSE:KEYS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 10,000 shares of the scientific and technical instruments company’s stock, valued at approximately $1,606,000. Keysight Technologies comprises 2.9% of Valliance Asset Management Ltd’s portfolio, making the stock its 11th biggest position.

Other institutional investors and hedge funds also recently modified their holdings of the company. Truvestments Capital LLC bought a new stake in shares of Keysight Technologies in the 3rd quarter valued at about $28,000. Erste Asset Management GmbH bought a new stake in shares of Keysight Technologies in the 3rd quarter valued at about $29,000. Goodman Advisory Group LLC bought a new stake in Keysight Technologies during the 3rd quarter worth approximately $35,000. Venturi Wealth Management LLC increased its stake in Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock worth $43,000 after purchasing an additional 133 shares in the last quarter. Finally, Versant Capital Management Inc increased its stake in Keysight Technologies by 79.4% during the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock worth $57,000 after purchasing an additional 158 shares in the last quarter. 84.58% of the stock is owned by institutional investors.

Insider Activity

In other Keysight Technologies news, VP Lisa M. Poole sold 350 shares of the firm’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 sale, 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 position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Satish Dhanasekaran sold 17,822 shares of the firm’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $169.66, for a total value of $3,023,680.52. Following the sale, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at $19,779,302.12. This represents a 13.26 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 33,063 shares of company stock valued at $5,573,941. 0.61% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on KEYS shares. 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. StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Saturday. 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. Finally, Bank of America increased 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. One investment analyst has rated the stock with a sell rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $182.22.

Keysight Technologies Trading Down 5.2 %

NYSE KEYS opened at $175.33 on Friday. The company has a market cap of $30.32 billion, a PE ratio of 50.10, a PEG ratio of 2.41 and a beta of 1.02. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35. Keysight Technologies, Inc. has a 12 month low of $119.72 and a 12 month high of $186.20. The stock has a 50 day moving average of $169.77 and a 200-day moving average of $159.97.

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.