Maxim Group Cuts The KEYW Holding Corporation (NASDAQ:KEYW) Price Target to $10.00

The KEYW Holding Corporation (NASDAQ:KEYW) had its price objective lowered by investment analysts at Maxim Group from $13.00 to $10.00 in a report issued on Friday, November 3rd, MarketBeat.com reports. The brokerage presently has a “buy” rating on the software maker’s stock. Maxim Group’s target price would indicate a potential upside of 95.31% from the stock’s current price.

KEYW has been the subject of a number of other reports. Drexel Hamilton upgraded The KEYW Holding Corporation from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research note on Friday, August 25th. Noble Financial restated a “hold” rating on shares of The KEYW Holding Corporation in a research note on Friday, August 11th. BidaskClub cut The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Zacks Investment Research cut The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Finally, SunTrust Banks, Inc. reissued a “buy” rating and issued a $13.00 price target on shares of The KEYW Holding Corporation in a research note on Friday, October 20th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $11.25.

Shares of The KEYW Holding Corporation (NASDAQ KEYW) traded down $0.13 on Friday, reaching $5.12. The company had a trading volume of 374,100 shares, compared to its average volume of 427,868. The company has a quick ratio of 1.25, a current ratio of 1.48 and a debt-to-equity ratio of 0.88. The KEYW Holding Corporation has a 52-week low of $4.94 and a 52-week high of $13.57.

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In related news, General Counsel Philip Luci bought 9,900 shares of The KEYW Holding Corporation stock in a transaction dated Tuesday, November 7th. The stock was acquired at an average cost of $5.05 per share, with a total value of $49,995.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Michael J. Alber bought 19,000 shares of The KEYW Holding Corporation stock in a transaction dated Tuesday, November 7th. The shares were bought at an average cost of $5.36 per share, with a total value of $101,840.00. Following the completion of the acquisition, the chief financial officer now owns 19,000 shares of the company’s stock, valued at $101,840. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 38,900 shares of company stock valued at $203,735. 4.62% of the stock is currently owned by company insiders.

A number of hedge funds have recently modified their holdings of KEYW. ETF Managers Group LLC acquired a new position in The KEYW Holding Corporation in the 2nd quarter worth about $21,484,000. Vanguard Group Inc. increased its holdings in shares of The KEYW Holding Corporation by 27.7% during the 1st quarter. Vanguard Group Inc. now owns 1,776,776 shares of the software maker’s stock valued at $16,772,000 after acquiring an additional 385,099 shares during the last quarter. Brown Advisory Inc. increased its holdings in shares of The KEYW Holding Corporation by 30.4% during the 3rd quarter. Brown Advisory Inc. now owns 1,647,553 shares of the software maker’s stock valued at $12,538,000 after acquiring an additional 384,149 shares during the last quarter. Macquarie Group Ltd. increased its holdings in shares of The KEYW Holding Corporation by 26.5% during the 2nd quarter. Macquarie Group Ltd. now owns 1,792,923 shares of the software maker’s stock valued at $16,764,000 after acquiring an additional 375,132 shares during the last quarter. Finally, Boston Partners increased its holdings in shares of The KEYW Holding Corporation by 45.8% during the 3rd quarter. Boston Partners now owns 1,072,744 shares of the software maker’s stock valued at $8,164,000 after acquiring an additional 336,990 shares during the last quarter. 95.07% of the stock is currently owned by institutional investors.

About The KEYW Holding Corporation

The KeyW Holding Corporation is a holding company. The Company is a provider of engineering and technology solutions to support the collection, processing, analysis and dissemination of information across the full spectrum of the Intelligence, cyber and counterterrorism communities missions. It operates through Government Solutions segment.

Analyst Recommendations for The KEYW Holding Corporation (NASDAQ:KEYW)

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