Perigon Wealth Management LLC Trims Stock Holdings in Keysight Technologies, Inc. (NYSE:KEYS)

Perigon Wealth Management LLC decreased its holdings in Keysight Technologies, Inc. (NYSE:KEYS) by 17.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,773 shares of the scientific and technical instruments company’s stock after selling 385 shares during the period. Perigon Wealth Management LLC’s holdings in Keysight Technologies were worth $293,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of KEYS. Truvestments Capital LLC purchased a new position in Keysight Technologies during the third quarter valued at approximately $28,000. Erste Asset Management GmbH bought a new stake in Keysight Technologies during the third quarter valued at approximately $29,000. Goodman Advisory Group LLC bought a new stake in Keysight Technologies during the third quarter valued at approximately $35,000. Versant Capital Management Inc lifted its position in Keysight Technologies by 79.4% during the fourth quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock valued at $57,000 after purchasing an additional 158 shares during the last quarter. Finally, Prospera Private Wealth LLC bought a new stake in Keysight Technologies during the third quarter valued at approximately $57,000. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Insider Transactions at Keysight Technologies

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

Keysight Technologies Stock Up 4.5 %

NYSE:KEYS opened at $178.19 on Monday. The firm’s 50-day moving average price is $167.01 and its 200-day moving average price is $155.43. The company has a market capitalization of $30.81 billion, a PE ratio of 50.91, a P/E/G ratio of 2.13 and a beta of 1.02. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $180.26.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. StockNews.com upgraded shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. upgraded shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $170.00 to $200.00 in a research report on Monday, December 16th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Robert W. Baird boosted their price objective 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. Finally, Morgan Stanley boosted their price objective on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating and ten have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $180.80.

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.