GAMMA Investing LLC Boosts Position in Keysight Technologies, Inc. (NYSE:KEYS)

GAMMA Investing LLC boosted its position in Keysight Technologies, Inc. (NYSE:KEYS) by 109.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,064 shares of the scientific and technical instruments company’s stock after purchasing an additional 1,077 shares during the period. GAMMA Investing LLC’s holdings in Keysight Technologies were worth $332,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in KEYS. Truvestments Capital LLC purchased a new position in Keysight Technologies during the third quarter valued at $28,000. Erste Asset Management GmbH bought a new position in shares of Keysight Technologies in the third quarter worth about $29,000. American National Bank & Trust purchased a new position in shares of Keysight Technologies during the 3rd quarter valued at about $31,000. Meeder Asset Management Inc. bought a new position in shares of Keysight Technologies during the 2nd quarter valued at approximately $27,000. Finally, Goodman Advisory Group LLC bought a new position in shares of Keysight Technologies during the 3rd quarter valued at approximately $35,000. 84.58% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $170.00 to $200.00 in a report on Monday, December 16th. Susquehanna restated a “positive” rating and set a $185.00 target price on shares of Keysight Technologies in a research note on Wednesday, November 20th. Robert W. Baird upped their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft raised their price target on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Finally, Barclays upped their price objective on Keysight Technologies from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and ten have issued a buy rating to the stock. According to MarketBeat, Keysight Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.

Insiders Place Their Bets

In other news, CEO Satish Dhanasekaran sold 17,822 shares of Keysight Technologies stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the transaction, the chief executive officer now owns 116,582 shares in the company, valued at approximately $19,779,302.12. The trade was a 13.26 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Mark Adam Wallace sold 6,000 shares of the stock in a transaction on Monday, December 30th. The shares were sold at an average price of $161.79, for a total value of $970,740.00. Following the sale, the senior vice president now owns 85,829 shares in the company, valued at $13,886,273.91. The trade was a 6.53 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 33,063 shares of company stock valued at $5,573,941 in the last three months. Corporate insiders own 0.60% of the company’s stock.

Keysight Technologies Stock Up 0.9 %

NYSE KEYS opened at $165.28 on Tuesday. The stock has a 50 day moving average price of $163.32 and a 200-day moving average price of $151.53. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $175.39. The company has a market capitalization of $28.62 billion, a P/E ratio of 47.22, a P/E/G ratio of 2.12 and a beta of 1.02. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98.

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.