Jump Financial LLC purchased a new position in Keysight Technologies, Inc. (NYSE:KEYS – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,742 shares of the scientific and technical instruments company’s stock, valued at approximately $1,565,000.
Several other hedge funds have also modified their holdings of KEYS. Wilmington Savings Fund Society FSB purchased a new position in shares of Keysight Technologies in the 3rd quarter valued at about $120,000. Tidal Investments LLC increased its position in shares of Keysight Technologies by 8.0% in the 3rd quarter. Tidal Investments LLC now owns 8,649 shares of the scientific and technical instruments company’s stock valued at $1,375,000 after purchasing an additional 642 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Keysight Technologies by 2.7% in the 3rd quarter. Principal Financial Group Inc. now owns 239,720 shares of the scientific and technical instruments company’s stock valued at $38,099,000 after purchasing an additional 6,241 shares in the last quarter. Versant Capital Management Inc lifted its position in shares of Keysight Technologies by 79.4% during the 4th quarter. Versant Capital Management Inc now owns 357 shares of the scientific and technical instruments company’s stock worth $57,000 after purchasing an additional 158 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in Keysight Technologies by 109.1% in the fourth quarter. GAMMA Investing LLC now owns 2,064 shares of the scientific and technical instruments company’s stock valued at $332,000 after buying an additional 1,077 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity
In other news, CFO Neil Dougherty sold 3,632 shares of the stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of $155.00, for a total transaction of $562,960.00. Following the completion of the transaction, the chief financial officer now directly owns 115,063 shares of the company’s stock, valued at approximately $17,834,765. This represents a 3.06 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.61% of the company’s stock.
Keysight Technologies Price Performance
Analysts Set New Price Targets
A number of research analysts have recently commented on KEYS shares. Robert W. Baird increased 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. StockNews.com downgraded shares of Keysight Technologies from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 22nd. JPMorgan Chase & Co. cut their price target on shares of Keysight Technologies from $200.00 to $172.00 and set an “overweight” rating on the stock in a research note on Thursday. Finally, Wells Fargo & Company raised their price objective on Keysight Technologies from $180.00 to $190.00 and gave the stock an “overweight” rating in a report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $181.33.
View Our Latest Stock Analysis on KEYS
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.
Recommended Stories
- Five stocks we like better than Keysight Technologies
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- J.B. Hunt Transport Overcorrects Into a Buying Opportunity
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- AppLovin: Can Record Profits Overcome Market Skepticism?
- The Most Important Warren Buffett Stock for Investors: His Own
- MarketBeat Week in Review – 04/14 – 04/18
Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.