Michael Gasparian Sells 2,692 Shares of Keysight Technologies Inc (KEYS) Stock
Keysight Technologies Inc (NASDAQ:KEYS) SVP Michael Gasparian sold 2,692 shares of the firm’s stock in a transaction that occurred on Monday, November 21st. The stock was sold at an average price of $35.90, for a total transaction of $96,642.80. Following the sale, the senior vice president now directly owns 65,703 shares in the company, valued at approximately $2,358,737.70. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Shares of Keysight Technologies Inc (NASDAQ:KEYS) traded up 1.95% on Tuesday, hitting $36.60. The stock had a trading volume of 754,594 shares. The stock has a market cap of $6.22 billion and a P/E ratio of 18.77. Keysight Technologies Inc has a 12 month low of $21.07 and a 12 month high of $36.60. The firm has a 50 day moving average of $32.82 and a 200 day moving average of $30.39.
Keysight Technologies (NASDAQ:KEYS) last issued its quarterly earnings data on Thursday, November 17th. The company reported $0.64 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.64. The firm earned $751 million during the quarter, compared to analysts’ expectations of $736.94 million. During the same quarter in the prior year, the firm posted $0.71 EPS. Keysight Technologies’s quarterly revenue was up .1% compared to the same quarter last year. On average, equities analysts forecast that Keysight Technologies Inc will post $2.50 earnings per share for the current fiscal year.
Large investors have recently modified their holdings of the stock. Denali Advisors LLC boosted its stake in Keysight Technologies by 11.4% in the third quarter. Denali Advisors LLC now owns 160,200 shares of the company’s stock valued at $5,077,000 after buying an additional 16,400 shares during the period. General American Investors Co. Inc. boosted its stake in Keysight Technologies by 92.9% in the third quarter. General American Investors Co. Inc. now owns 127,900 shares of the company’s stock valued at $4,053,000 after buying an additional 61,600 shares during the period. Great West Life Assurance Co. Can boosted its stake in Keysight Technologies by 549.6% in the third quarter. Great West Life Assurance Co. Can now owns 1,003,529 shares of the company’s stock valued at $31,762,000 after buying an additional 849,042 shares during the period. World Asset Management Inc boosted its stake in Keysight Technologies by 29.0% in the third quarter. World Asset Management Inc now owns 12,149 shares of the company’s stock valued at $385,000 after buying an additional 2,728 shares during the period. Finally, Virginia Retirement Systems ET AL bought a new stake in Keysight Technologies during the third quarter valued at approximately $688,000.
KEYS has been the topic of a number of analyst reports. Robert W. Baird dropped their price objective on shares of Keysight Technologies from $29.00 to $28.00 and set a “neutral” rating on the stock in a research note on Thursday, August 18th. Zacks Investment Research cut shares of Keysight Technologies from a “hold” rating to a “sell” rating in a research note on Friday, August 19th. Deutsche Bank AG raised shares of Keysight Technologies from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a research note on Monday, September 19th. Finally, TheStreet upgraded Keysight Technologies from a “hold” rating to a “buy” rating in a research report on Monday, October 17th.
About Keysight Technologies
Keysight Technologies, Inc (Keysight) is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic measurement instruments and systems and related software, software design tools, and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.
Receive News & Stock Ratings for Keysight Technologies Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies Inc and related stocks with our FREE daily email newsletter.