Keysight Technologies, Inc. (NYSE:KEYS) Short Interest Down 14.6% in January

Keysight Technologies, Inc. (NYSE:KEYS) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 2,400,000 shares, a decrease of 14.6% from the December 31st total of 2,810,000 shares. Currently, 1.4% of the company’s shares are short sold. Based on an average trading volume of 1,170,000 shares, the short-interest ratio is presently 2.1 days.

Keysight Technologies Stock Up 4.5 %

KEYS stock traded up $7.67 during midday trading on Friday, reaching $178.19. 1,721,464 shares of the company were exchanged, compared to its average volume of 732,450. The company has a market cap of $30.81 billion, a price-to-earnings ratio of 50.91, a price-to-earnings-growth ratio of 2.13 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 has a 1-year low of $119.72 and a 1-year high of $180.26. The stock’s 50-day simple moving average is $167.01 and its 200 day simple moving average is $155.36.

Insider Buying and Selling

In other Keysight Technologies news, SVP Kailash Narayanan sold 595 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $171.30, for a total transaction of $101,923.50. Following the transaction, the senior vice president now directly owns 35,912 shares in the company, valued at $6,151,725.60. This represents a 1.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Satish Dhanasekaran sold 17,822 shares of Keysight Technologies stock in a transaction on 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 completion of the sale, the chief executive officer now directly owns 116,582 shares of the company’s stock, valued at $19,779,302.12. The trade was a 13.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 33,063 shares of company stock worth $5,573,941. Company insiders own 0.60% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of KEYS. Natixis Advisors LLC increased its position in shares of Keysight Technologies by 8.7% during the third quarter. Natixis Advisors LLC now owns 176,966 shares of the scientific and technical instruments company’s stock worth $28,125,000 after purchasing an additional 14,185 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in Keysight Technologies by 72.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 16,895 shares of the scientific and technical instruments company’s stock worth $2,685,000 after buying an additional 7,106 shares during the last quarter. Speece Thorson Capital Group Inc. increased its position in Keysight Technologies by 28.7% during the third quarter. Speece Thorson Capital Group Inc. now owns 80,629 shares of the scientific and technical instruments company’s stock worth $12,814,000 after buying an additional 17,962 shares during the period. Vontobel Holding Ltd. lifted its stake in Keysight Technologies by 1.0% in the third quarter. Vontobel Holding Ltd. now owns 1,081,169 shares of the scientific and technical instruments company’s stock valued at $171,830,000 after buying an additional 10,579 shares during the last quarter. Finally, LMR Partners LLP acquired a new stake in shares of Keysight Technologies in the third quarter valued at approximately $14,339,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have commented on KEYS shares. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price target for the company from $170.00 to $200.00 in a research report on Monday, December 16th. StockNews.com raised Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, January 23rd. Morgan Stanley increased their price target on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Finally, Bank of America lifted their price target on shares of Keysight Technologies from $150.00 to $160.00 and gave the stock an “underperform” rating in a research note on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, Keysight Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $180.80.

About Keysight Technologies

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.