KEYW Holding Corp. (KEYW) Short Interest Update

KEYW Holding Corp. (NASDAQ:KEYW) was the recipient of a large increase in short interest in December. As of December 29th, there was short interest totalling 9,645,650 shares, an increase of 8.4% from the December 15th total of 8,897,291 shares. Based on an average daily volume of 585,107 shares, the days-to-cover ratio is presently 16.5 days. Currently, 20.5% of the company’s stock are short sold.

In other news, Director Caroline S. Pisano acquired 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The stock was bought at an average cost of $5.19 per share, for a total transaction of $51,900.00. Following the acquisition, the director now directly owns 69,346 shares in the company, valued at $359,905.74. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Michael J. Alber acquired 19,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The stock was purchased at an average price 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 in the company, valued at $101,840. The disclosure for this purchase can be found here. Over the last three months, insiders bought 38,900 shares of company stock worth $203,735. Insiders own 4.62% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the business. Concourse Capital Management LLC purchased a new stake in KEYW during the 2nd quarter valued at $109,000. Zacks Investment Management purchased a new stake in KEYW during the 2nd quarter valued at $138,000. Voya Investment Management LLC raised its stake in KEYW by 32.1% during the 2nd quarter. Voya Investment Management LLC now owns 19,478 shares of the software maker’s stock valued at $182,000 after buying an additional 4,736 shares during the last quarter. Alliancebernstein L.P. raised its stake in KEYW by 38.5% during the 2nd quarter. Alliancebernstein L.P. now owns 28,400 shares of the software maker’s stock valued at $266,000 after buying an additional 7,900 shares during the last quarter. Finally, M&T Bank Corp raised its stake in KEYW by 11.1% during the 2nd quarter. M&T Bank Corp now owns 28,994 shares of the software maker’s stock valued at $271,000 after buying an additional 2,902 shares during the last quarter. Institutional investors and hedge funds own 96.30% of the company’s stock.

Shares of KEYW (KEYW) opened at $6.46 on Wednesday. The firm has a market cap of $317.20, a price-to-earnings ratio of -11.14 and a beta of 0.81. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.25 and a current ratio of 1.48. KEYW has a 12 month low of $4.94 and a 12 month high of $12.40.

KEYW (NASDAQ:KEYW) last announced its earnings results on Thursday, November 2nd. The software maker reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.02). KEYW had a negative net margin of 7.28% and a negative return on equity of 2.29%. equities research analysts predict that KEYW will post -0.53 earnings per share for the current year.

A number of equities analysts recently weighed in on KEYW shares. Royal Bank of Canada set a $7.00 price objective on shares of KEYW and gave the stock a “buy” rating in a report on Thursday, November 16th. Maxim Group decreased their price objective on shares of KEYW from $13.00 to $10.00 and set a “buy” rating for the company in a report on Friday, November 3rd. BidaskClub upgraded shares of KEYW from a “sell” rating to a “hold” rating in a report on Tuesday, December 19th. Zacks Investment Research lowered shares of KEYW from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. Finally, Stifel Nicolaus started coverage on shares of KEYW in a report on Tuesday, November 21st. They issued a “hold” rating and a $6.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $9.20.

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About KEYW

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.

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