Keysight Technologies, Inc. (NYSE:KEYS) Shares Sold by Anchor Investment Management LLC

Anchor Investment Management LLC cut its holdings in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 4.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,978 shares of the scientific and technical instruments company’s stock after selling 100 shares during the period. Anchor Investment Management LLC’s holdings in Keysight Technologies were worth $314,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Meeder Asset Management Inc. purchased a new position in shares of Keysight Technologies in the 2nd quarter valued at approximately $27,000. Truvestments Capital LLC acquired a new stake in shares of Keysight Technologies in the 3rd quarter worth approximately $28,000. Erste Asset Management GmbH purchased a new position in shares of Keysight Technologies in the third quarter valued at $29,000. Family Firm Inc. purchased a new position in Keysight Technologies during the 2nd quarter valued at about $30,000. Finally, American National Bank & Trust purchased a new stake in shares of Keysight Technologies during the third quarter worth about $31,000. 84.58% of the stock is owned by hedge funds and other institutional investors.

Keysight Technologies Stock Down 1.1 %

Shares of Keysight Technologies stock opened at $166.50 on Friday. Keysight Technologies, Inc. has a 1-year low of $119.72 and a 1-year high of $175.39. The company has a market capitalization of $28.89 billion, a PE ratio of 47.57, a P/E/G ratio of 2.15 and a beta of 1.00. 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 business has a 50-day moving average of $161.32 and a 200-day moving average of $148.44.

Insider Activity at Keysight Technologies

In other news, SVP Jeffrey K. Li sold 4,412 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $171.92, for a total transaction of $758,511.04. Following the transaction, the senior vice president now owns 30,637 shares of the company’s stock, valued at approximately $5,267,113.04. This trade represents a 12.59 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Lisa M. Poole sold 350 shares of Keysight Technologies stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $171.79, for a total value of $60,126.50. Following the completion of the transaction, the vice president now owns 4,820 shares of the company’s stock, valued at $828,027.80. This trade represents a 6.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 27,063 shares of company stock valued at $4,603,201. Insiders own 0.60% of the company’s stock.

Analysts Set New Price Targets

KEYS has been the subject of a number of recent analyst reports. Morgan Stanley lifted their price objective on Keysight Technologies from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, November 20th. JPMorgan Chase & Co. boosted their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 21st. Deutsche Bank Aktiengesellschaft raised their target price on shares of Keysight Technologies from $175.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $180.00 price target on shares of Keysight Technologies in a research report on Wednesday, August 21st. Finally, StockNews.com lowered Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, November 23rd. One investment analyst has rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $177.30.

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.