Keysight Technologies, Inc. (NYSE:KEYS) Short Interest Update

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

Analyst Ratings Changes

A number of analysts recently commented on KEYS shares. Susquehanna reiterated a “positive” rating and set a $185.00 price objective on shares of Keysight Technologies in a research report on Wednesday, November 20th. StockNews.com lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Thursday, January 9th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Keysight Technologies from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th. JPMorgan Chase & Co. raised shares of Keysight Technologies from a “neutral” rating to an “overweight” rating and upped their target price for the company from $170.00 to $200.00 in a report on Monday, December 16th. Finally, Morgan Stanley lifted their price target on shares of Keysight Technologies from $165.00 to $180.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $180.80.

Insider Buying and Selling

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 17,822 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $169.66, for a total value of $3,023,680.52. Following the completion of the transaction, the chief executive officer now owns 116,582 shares of the company’s stock, valued at approximately $19,779,302.12. The trade was a 13.26 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Lisa M. Poole sold 350 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the sale, the vice president now directly owns 4,820 shares in the company, valued at approximately $828,027.80. The trade was a 6.77 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 33,063 shares of company stock worth $5,573,941 in the last three months. Insiders own 0.60% of the company’s stock.

Hedge Funds Weigh In On Keysight Technologies

A number of hedge funds have recently made changes to their positions in KEYS. RMR Wealth Builders boosted its position in shares of Keysight Technologies by 2.8% during the fourth quarter. RMR Wealth Builders now owns 2,593 shares of the scientific and technical instruments company’s stock worth $417,000 after acquiring an additional 70 shares during the last quarter. Cromwell Holdings LLC lifted its stake in Keysight Technologies by 15.9% in the 3rd quarter. Cromwell Holdings LLC now owns 548 shares of the scientific and technical instruments company’s stock worth $87,000 after purchasing an additional 75 shares in the last quarter. Allworth Financial LP grew its position in shares of Keysight Technologies by 3.9% during the third quarter. Allworth Financial LP now owns 1,996 shares of the scientific and technical instruments company’s stock valued at $317,000 after purchasing an additional 75 shares in the last quarter. Ameritas Investment Partners Inc. increased its holdings in shares of Keysight Technologies by 0.4% in the second quarter. Ameritas Investment Partners Inc. now owns 20,669 shares of the scientific and technical instruments company’s stock worth $2,826,000 after purchasing an additional 82 shares during the last quarter. Finally, Wedmont Private Capital lifted its position in shares of Keysight Technologies by 3.8% in the fourth quarter. Wedmont Private Capital now owns 2,432 shares of the scientific and technical instruments company’s stock worth $392,000 after buying an additional 88 shares in the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Trading Up 0.4 %

Shares of Keysight Technologies stock opened at $165.70 on Friday. Keysight Technologies has a fifty-two week low of $119.72 and a fifty-two week high of $175.39. The company has a debt-to-equity ratio of 0.35, a quick ratio of 2.27 and a current ratio of 2.98. The company has a market capitalization of $28.69 billion, a P/E ratio of 47.34, a P/E/G ratio of 2.05 and a beta of 1.02. The company has a fifty day moving average of $164.72 and a 200 day moving average of $153.18.

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.