Haven Private LLC Takes $625,000 Position in Keysight Technologies, Inc. (NYSE:KEYS)

Haven Private LLC acquired a new stake in shares of Keysight Technologies, Inc. (NYSE:KEYS) during the fourth quarter, HoldingsChannel reports. The fund acquired 3,892 shares of the scientific and technical instruments company’s stock, valued at approximately $625,000.

Other large investors have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new position in shares of Keysight Technologies during the 3rd quarter valued at about $28,000. Erste Asset Management GmbH bought a new stake in Keysight Technologies during the 3rd quarter valued at approximately $29,000. Goodman Advisory Group LLC bought a new stake in Keysight Technologies during the 3rd quarter valued at approximately $35,000. Groupama Asset Managment raised its stake in Keysight Technologies by 76.6% during the 3rd quarter. Groupama Asset Managment now owns 21,753 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 9,437 shares during the period. Finally, Venturi Wealth Management LLC raised its stake in Keysight Technologies by 100.8% during the 4th quarter. Venturi Wealth Management LLC now owns 265 shares of the scientific and technical instruments company’s stock valued at $43,000 after purchasing an additional 133 shares during the period. 84.58% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $161.79, for a total transaction of $970,740.00. Following the transaction, the senior vice president now owns 85,829 shares of the company’s stock, valued at approximately $13,886,273.91. The trade was a 6.53 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.61% of the company’s stock.

Keysight Technologies Stock Performance

NYSE:KEYS opened at $154.46 on Friday. The company has a market cap of $26.71 billion, a price-to-earnings ratio of 44.13, a PEG ratio of 2.41 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. The stock’s 50 day simple moving average is $169.34 and its two-hundred day simple moving average is $161.90. Keysight Technologies, Inc. has a 1 year low of $119.72 and a 1 year high of $186.20.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on KEYS. Deutsche Bank Aktiengesellschaft lifted their target price on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Bank of America lifted their target price on Keysight Technologies from $150.00 to $160.00 and gave the company an “underperform” rating in a research note on Wednesday, November 20th. Barclays lifted their target price on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. Robert W. Baird lifted their target price on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, February 27th. Finally, StockNews.com raised Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research note on Monday. One research analyst has rated the stock with a sell rating, eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $184.44.

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.