There has been some selling insider activity on Keysight Technologies Inc. Comm (NYSE:KEYS) recently. Michael Gasparian, Sr VP let go of $222,203 worth of shares at an average price of $41.51 on Wed the 7th. That brings Gasparian’s holdings to $2,625,486 per an SEC filing yesterday. Michael Gasparian, Sr VP sold $1,083,572 worth of shares at an average price of $39.70 on Fri the 2nd. The Sr VP now owns $2,511,005 of the stock as reported to the SEC.
Sr VP Michael Gasparian sold 2,692 shares at an average price of $35.90 on November 21st. That brings the Sr VP’s holdings to $2,358,755 as recorded in a recent Form 4 SEC filing.
Keysight Technologies, Inc. (Keysight), launched on December 6, 2013, is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment. The Company operates through three segments: Communications Solutions Group (CSG), Electronic Industrial Solutions Group (EISG) and Services Solutions Group (SSG). The CSG and EISG segments provide electronic design and test software, instruments, and systems used in the simulation, design, validation, manufacturing, installation and optimization of electronic equipment. The SSG segment provides integrated service solutions, including repair and calibration services, professional services and remanufactured equipment..
These funds have also shifted positions in (KEYS). Winton Group Ltd expanded its investment by buying 30,839 shares an increase of 82.8% from 12/31/2016 to 03/31/2017. Winton Group Ltd claims 68,095 shares worth $2,461,000. The total value of its holdings increased 80.7%. As of the end of the quarter Tower Research Capital LLC (trc) had disposed of 463 shares trimming its stake by 82.2%. The value in dollars went from $21,000 to $4,000 a change of 81.0% quarter over quarter.
Goldman Sachs Group Inc added to its stake by buying 166,349 shares an increase of 138.7% as of 03/31/2017. Goldman Sachs Group Inc owns 286,316 shares with a value of $10,347,000. The value of the position overall is up by 135.9%. Schroder Investment Management Group cut its ownership by selling 7,800 shares a decrease of 4.2%. Schroder Investment Management Group currently owns 179,165 shares valued at $6,556,000. The total value of its holdings decreased 4.1%.
On May 30, 2017 Citigroup added KEYS to its research portfolio by announcing an initial rating of “Buy”. On September 19, 2016 the stock rating was changed to a “Buy” in a report from Deutsche Bank a boost from the previous “Hold” rating.
On August 18 Baird left the stock rating at “Neutral” but lowered the price target to $28.00 from $29.00. On March 9 the company was set at “Sell” according to a Goldman Sachs report which is down from the previous “Neutral” rating.
February 19 investment analysts at Deutsche Bank made no change to the company rating of “Hold” but moved down the price target from $30.00 to $25.00. Goldman Sachs began coverage of the stock with a rating of “Neutral”.
The company is down by -1.72% since yesterday’s close of $38.3. Shares last traded at $37.64 which is marginally under $38.34, the stock’s 50 day moving average and which is a tad above the 200 day moving average of $37.28. The 50 day moving average was down $-0.70 and the 200 day average went up by +0.96%.
Keysight Technologies Inc. Comm currently has a P/E ratio of 17.03 and the market value is 6.46B. In the last earnings report the EPS was $2.21 and is projected to be $2.47 for the current year with 171,543,000 shares currently outstanding. Next quarter’s EPS is expected be $0.64 with next year’s EPS anticipated to be $2.65.