TradeLink Capital LLC Purchases Shares of 1,820 Keysight Technologies, Inc. (NYSE:KEYS)

TradeLink Capital LLC purchased a new stake in Keysight Technologies, Inc. (NYSE:KEYS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,820 shares of the scientific and technical instruments company’s stock, valued at approximately $292,000. Keysight Technologies makes up about 2.9% of TradeLink Capital LLC’s portfolio, making the stock its 14th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of KEYS. Los Angeles Capital Management LLC raised its holdings in shares of Keysight Technologies by 330.3% in the 4th quarter. Los Angeles Capital Management LLC now owns 673,872 shares of the scientific and technical instruments company’s stock valued at $108,244,000 after acquiring an additional 517,267 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Keysight Technologies in the 4th quarter valued at about $58,367,000. Geode Capital Management LLC raised its holdings in shares of Keysight Technologies by 7.9% in the 3rd quarter. Geode Capital Management LLC now owns 4,400,035 shares of the scientific and technical instruments company’s stock valued at $697,411,000 after acquiring an additional 323,235 shares in the last quarter. Swedbank AB raised its holdings in shares of Keysight Technologies by 7.1% in the 3rd quarter. Swedbank AB now owns 4,421,264 shares of the scientific and technical instruments company’s stock valued at $702,671,000 after acquiring an additional 292,372 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC raised its holdings in shares of Keysight Technologies by 27.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 1,001,358 shares of the scientific and technical instruments company’s stock valued at $158,692,000 after acquiring an additional 216,564 shares in the last quarter. Hedge funds and other institutional investors own 84.58% of the company’s stock.

Insider Buying and Selling at Keysight Technologies

In other news, SVP Mark Adam Wallace sold 6,000 shares of the business’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $161.79, for a total value of $970,740.00. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.61% of the stock is owned by company insiders.

Keysight Technologies Stock Up 1.0 %

Shares of NYSE:KEYS opened at $156.09 on Friday. The stock has a fifty day simple moving average of $169.00 and a two-hundred day simple moving average of $162.13. The stock has a market capitalization of $26.99 billion, a price-to-earnings ratio of 44.60, a PEG ratio of 2.41 and a beta of 1.10. Keysight Technologies, Inc. has a 12-month low of $119.72 and a 12-month high of $186.20. The company has a current ratio of 2.98, a quick ratio of 2.27 and a debt-to-equity ratio of 0.35.

Analyst Upgrades and Downgrades

KEYS has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft raised their price objective on Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Barclays raised their price objective on Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, November 20th. Robert W. Baird raised their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “outperform” rating in a report on Thursday, February 27th. Wells Fargo & Company raised their price objective on Keysight Technologies from $180.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. raised Keysight Technologies from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $170.00 to $200.00 in a report on Monday, December 16th. One research analyst has rated the stock with a sell rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average 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.