Keysight Technologies (NYSE:KEYS) CEO Sells $1,092,390.00 in Stock
by Sarita Garza · The Markets DailyKeysight Technologies Inc. (NYSE:KEYS – Get Free Report) CEO Satish Dhanasekaran sold 3,000 shares of the company’s stock in a transaction on Wednesday, September 30th. The shares were sold at an average price of $364.13, for a total value of $1,092,390.00. Following the sale, the chief executive officer directly owned 118,391 shares of the company’s stock, valued at approximately $43,109,714.83. This represents a 2.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Keysight Technologies Trading Up 0.0%
Shares of KEYS opened at $384.74 on Monday. The business’s 50-day moving average price is $334.37 and its 200 day moving average price is $331.45. The company has a current ratio of 2.02, a quick ratio of 1.62 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $65.50 billion, a P/E ratio of 52.85, a P/E/G ratio of 1.21 and a beta of 1.17. Keysight Technologies Inc. has a 1-year low of $158.79 and a 1-year high of $387.93.
Keysight Technologies (NYSE:KEYS – Get Free Report) last posted its quarterly earnings data on Tuesday, August 18th. The scientific and technical instruments company reported $3.07 EPS for the quarter, beating analysts’ consensus estimates of $2.48 by $0.59. The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.75 billion. Keysight Technologies had a net margin of 19.08% and a return on equity of 24.34%. The business’s quarterly revenue was up 36.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.72 earnings per share. Keysight Technologies has set its Q4 2026 guidance at 3.340-3.400 EPS and its FY 2026 guidance at 11.460-11.460 EPS. Analysts expect that Keysight Technologies Inc. will post 10.33 earnings per share for the current year.
Institutional Trading of Keysight Technologies
A number of institutional investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new position in Keysight Technologies in the 2nd quarter worth about $7,030,806,000. State Street Corp lifted its holdings in shares of Keysight Technologies by 3.4% during the 2nd quarter. State Street Corp now owns 8,270,708 shares of the scientific and technical instruments company’s stock valued at $2,895,327,000 after buying an additional 273,042 shares during the last quarter. Capital World Investors lifted its holdings in shares of Keysight Technologies by 6.5% during the 4th quarter. Capital World Investors now owns 3,940,767 shares of the scientific and technical instruments company’s stock valued at $800,732,000 after buying an additional 240,058 shares during the last quarter. Amundi grew its stake in shares of Keysight Technologies by 12.1% in the 1st quarter. Amundi now owns 2,224,264 shares of the scientific and technical instruments company’s stock valued at $628,065,000 after buying an additional 240,167 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of Keysight Technologies by 4.7% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 2,005,409 shares of the scientific and technical instruments company’s stock valued at $581,248,000 after buying an additional 90,263 shares in the last quarter. Institutional investors and hedge funds own 84.58% of the company’s stock.
Wall Street Analysts Forecast Growth
KEYS has been the subject of several recent analyst reports. Weiss Ratings raised Keysight Technologies from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 20th. Truist Financial upped their price target on Keysight Technologies from $376.00 to $400.00 and gave the company a “hold” rating in a research report on Wednesday, August 19th. Morgan Stanley increased their price objective on Keysight Technologies from $400.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Susquehanna lifted their target price on Keysight Technologies from $425.00 to $440.00 and gave the company a “positive” rating in a research note on Wednesday, August 19th. Finally, Robert W. Baird upped their target price on Keysight Technologies from $385.00 to $410.00 and gave the company an “outperform” rating in a report on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $392.83.
Read Our Latest Research Report on KEYS
About Keysight Technologies
Keysight Technologies, Inc is a technology company that provides electronic design and test solutions for communications, aerospace and defense, automotive, semiconductor, energy, and other industries. Its products and services help engineers design, validate, manufacture, and optimize electronic systems and communications networks.
The company offers test and measurement instruments, software, network test and visibility solutions, simulation and modeling tools, cybersecurity testing capabilities, and related technical services.
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