Keysight Technologies, Inc. (NYSE:KEYS) SVP Ingrid A. Estrada Sells 5,475 Shares of Stock

Keysight Technologies, Inc. (NYSE:KEYS) SVP Ingrid A. Estrada sold 5,475 shares of the firm’s stock in a transaction that occurred on Wednesday, June 9th. The shares were sold at an average price of $149.14, for a total value of $816,541.50. Following the completion of the transaction, the senior vice president now owns 88,626 shares in the company, valued at approximately $13,217,681.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

NYSE:KEYS opened at $148.94 on Friday. Keysight Technologies, Inc. has a 52 week low of $90.62 and a 52 week high of $155.50. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.89 and a quick ratio of 2.29. The stock has a market capitalization of $27.70 billion, a P/E ratio of 37.33, a P/E/G ratio of 2.55 and a beta of 0.92. The company has a fifty day simple moving average of $143.45.

Keysight Technologies (NYSE:KEYS) last posted its earnings results on Tuesday, May 18th. The scientific and technical instruments company reported $1.44 EPS for the quarter, beating the Zacks’ consensus estimate of $1.34 by $0.10. Keysight Technologies had a return on equity of 28.46% and a net margin of 16.21%. The company had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the previous year, the business earned $0.78 earnings per share. The company’s revenue for the quarter was up 36.4% on a year-over-year basis. Equities analysts expect that Keysight Technologies, Inc. will post 5.31 EPS for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Advisory Services Network LLC grew its stake in shares of Keysight Technologies by 6.7% in the first quarter. Advisory Services Network LLC now owns 15,791 shares of the scientific and technical instruments company’s stock valued at $2,265,000 after buying an additional 993 shares in the last quarter. Ratan Capital Management LP acquired a new stake in shares of Keysight Technologies in the first quarter valued at $717,000. Baker Tilly Wealth Management LLC grew its stake in shares of Keysight Technologies by 24.0% in the first quarter. Baker Tilly Wealth Management LLC now owns 2,359 shares of the scientific and technical instruments company’s stock valued at $338,000 after buying an additional 457 shares in the last quarter. One Wealth Advisors LLC grew its stake in shares of Keysight Technologies by 5.2% in the first quarter. One Wealth Advisors LLC now owns 2,966 shares of the scientific and technical instruments company’s stock valued at $425,000 after buying an additional 147 shares in the last quarter. Finally, TownSquare Capital LLC grew its stake in shares of Keysight Technologies by 6.0% in the first quarter. TownSquare Capital LLC now owns 10,862 shares of the scientific and technical instruments company’s stock valued at $1,558,000 after buying an additional 618 shares in the last quarter. 84.14% of the stock is owned by institutional investors and hedge funds.

Several equities analysts have recently weighed in on the company. Zacks Investment Research upgraded Keysight Technologies from a “hold” rating to a “buy” rating and set a $149.00 target price on the stock in a research report on Monday, February 22nd. Deutsche Bank Aktiengesellschaft lifted their price objective on Keysight Technologies from $155.00 to $158.00 and gave the stock a “hold” rating in a research report on Monday, May 24th. Credit Suisse Group lifted their price objective on Keysight Technologies from $125.00 to $175.00 and gave the stock an “outperform” rating in a research report on Thursday, February 25th. Finally, Robert W. Baird reiterated a “buy” rating on shares of Keysight Technologies in a research report on Sunday, May 23rd. Two analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Keysight Technologies has an average rating of “Buy” and a consensus target price of $149.82.

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. Its Communications Solutions Group segment provides electronic design automation (EDA) software; radio frequency and microwave test instruments; 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; optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions; and repair, calibration, and consulting services, as well as resells refurbished used Keysight equipment.

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