Keysight Technologies Inc (KEYS) SVP Soon Chai Gooi Sells 28,062 Shares

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Keysight Technologies Inc (NYSE:KEYS) SVP Soon Chai Gooi sold 28,062 shares of Keysight Technologies stock in a transaction that occurred on Friday, December 14th. The stock was sold at an average price of $61.06, for a total transaction of $1,713,465.72. Following the completion of the sale, the senior vice president now directly owns 235,738 shares of the company’s stock, valued at approximately $14,394,162.28. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Shares of Keysight Technologies stock opened at $60.72 on Wednesday. The firm has a market cap of $11.23 billion, a PE ratio of 20.24 and a beta of 1.20. Keysight Technologies Inc has a 1-year low of $41.33 and a 1-year high of $70.40. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.20 and a current ratio of 1.63.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings results on Tuesday, November 20th. The scientific and technical instruments company reported $0.96 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.84 by $0.12. The business had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.02 billion. Keysight Technologies had a net margin of 4.25% and a return on equity of 22.80%. The company’s revenue was up 19.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.71 EPS. As a group, equities analysts expect that Keysight Technologies Inc will post 3.5 EPS for the current fiscal year.

Institutional investors have recently modified their holdings of the company. ELM Advisors LLC purchased a new position in shares of Keysight Technologies during the 3rd quarter valued at $101,000. TLP Group LLC purchased a new position in shares of Keysight Technologies during the 3rd quarter valued at $106,000. Qube Research & Technologies Ltd purchased a new position in shares of Keysight Technologies during the 2nd quarter valued at $120,000. Smithfield Trust Co. lifted its stake in shares of Keysight Technologies by 2,786.7% during the 3rd quarter. Smithfield Trust Co. now owns 2,165 shares of the scientific and technical instruments company’s stock valued at $143,000 after buying an additional 2,090 shares in the last quarter. Finally, First Hawaiian Bank purchased a new position in shares of Keysight Technologies during the 3rd quarter valued at $149,000. Institutional investors and hedge funds own 85.92% of the company’s stock.

KEYS has been the subject of a number of research analyst reports. Jefferies Financial Group lifted their target price on shares of Keysight Technologies to $74.00 and gave the stock a “buy” rating in a research report on Wednesday, August 22nd. Goldman Sachs Group upgraded shares of Keysight Technologies from a “neutral” rating to a “buy” rating in a research note on Thursday, October 18th. ValuEngine upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday, November 27th. Credit Suisse Group lifted their price target on shares of Keysight Technologies from $60.00 to $75.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 22nd. Finally, Deutsche Bank lifted their price target on shares of Keysight Technologies from $66.00 to $80.00 and gave the stock a “buy” rating in a research note on Wednesday, August 22nd. Ten research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Keysight Technologies presently has a consensus rating of “Buy” and an average target price of $71.22.

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Keysight Technologies Company Profile

Keysight Technologies, Inc provides electronic design and test solutions to communications and electronics industries internationally. Its Communications Solutions Group segment provides radio frequency and microwave test instruments and related software, and electronic design automation (EDA) software tools; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, component analyzers, power meters, and laser source products, as well as optical amplifier, filter, and other passive component solutions; and related software solutions.

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