Amalgamated Bank Sells 2,356 Shares of Keysight Technologies, Inc. (NYSE:KEYS)

Amalgamated Bank decreased its position in Keysight Technologies, Inc. (NYSE:KEYS) by 6.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 33,393 shares of the scientific and technical instruments company’s stock after selling 2,356 shares during the quarter. Amalgamated Bank’s holdings in Keysight Technologies were worth $5,364,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Truvestments Capital LLC acquired a new position in Keysight Technologies in the 3rd quarter valued at $28,000. Erste Asset Management GmbH bought a new stake in Keysight Technologies during the third quarter valued at about $29,000. Goodman Advisory Group LLC acquired a new stake in shares of Keysight Technologies in the third quarter valued at about $35,000. Groupama Asset Managment increased its stake in shares of 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, Venturi Wealth Management LLC lifted its position in shares of 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 during the last quarter. Institutional investors own 84.58% of the company’s stock.

Analysts Set New Price Targets

KEYS has been the topic of a number of research analyst reports. Barclays raised their target price on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Bank of America raised 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. Deutsche Bank Aktiengesellschaft upped their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Wells Fargo & Company raised their price target on shares of Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $170.00 to $200.00 in a research report on Monday, December 16th. One research analyst has rated the stock with a sell rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, Keysight Technologies has an average rating of “Moderate Buy” and a consensus target price of $184.44.

Insider Buying and Selling at Keysight Technologies

In other Keysight Technologies news, SVP Jeffrey K. Li sold 4,412 shares of the business’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total value of $758,511.04. Following the transaction, the senior vice president now directly owns 30,637 shares in the company, valued at $5,267,113.04. The trade was a 12.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Satish Dhanasekaran sold 17,822 shares of the company’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $169.66, for a total transaction of $3,023,680.52. Following the sale, the chief executive officer now directly owns 116,582 shares in the company, valued at $19,779,302.12. This represents a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 32,118 shares of company stock valued at $5,411,891. 0.61% of the stock is currently owned by corporate insiders.

Keysight Technologies Stock Performance

NYSE KEYS opened at $158.38 on Friday. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $186.20. The company has a quick ratio of 2.27, a current ratio of 2.98 and a debt-to-equity ratio of 0.35. The stock has a market cap of $27.38 billion, a P/E ratio of 45.25, a PEG ratio of 2.41 and a beta of 1.02. The company’s 50-day simple moving average is $169.91 and its 200 day simple moving average is $160.93.

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.