The KEYW Holding Corporation (NASDAQ:KEYW) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Wednesday.

According to Zacks, “KEYW Corporation with its subsidiaries is engaged in providing mission-critical cyber security and cyber superiority solutions to defense, intelligence and national security agencies. Its solutions, services and products support the collection, processing, analysis, and use of intelligence data and information in the domain of cyberspace. The Company provides a full range of engineering services as well as fully integrated platforms that support the entire intelligence process. Its platform includes products that it manufactures, as well as hardware and software that the Company integrates using its engineering services. Its current customers include the National Security Agency (NSA), other intelligence agencies, the Department of Defense (including major agencies and branches within the Department of Defense) and other federal defense and law enforcement agencies. KEYW Corporation is headquartered in Hanover, Maryland. “

Several other research analysts also recently commented on KEYW. Noble Financial reaffirmed a “hold” rating on shares of The KEYW Holding Corporation in a report on Friday, August 11th. BidaskClub downgraded shares of The KEYW Holding Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, August 17th. Maxim Group set a $13.00 price objective on shares of The KEYW Holding Corporation and gave the stock a “buy” rating in a report on Thursday, August 10th. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $13.00 price objective on shares of The KEYW Holding Corporation in a report on Friday, October 20th. Finally, Drexel Hamilton raised shares of The KEYW Holding Corporation from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a report on Friday, August 25th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $11.25.

The KEYW Holding Corporation (NASDAQ:KEYW) opened at $4.98 on Wednesday. The KEYW Holding Corporation has a fifty-two week low of $4.97 and a fifty-two week high of $13.57. The company has a quick ratio of 1.21, a current ratio of 1.40 and a debt-to-equity ratio of 0.87.

The KEYW Holding Corporation (NASDAQ:KEYW) last released its quarterly earnings data on Wednesday, August 9th. The software maker reported ($0.02) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.02. The company had revenue of $124.10 million during the quarter, compared to the consensus estimate of $120.06 million. The KEYW Holding Corporation had a negative net margin of 7.28% and a negative return on equity of 2.31%. The KEYW Holding Corporation’s revenue for the quarter was up 69.3% on a year-over-year basis. During the same period last year, the firm earned ($0.01) EPS. equities analysts expect that The KEYW Holding Corporation will post -0.24 EPS for the current fiscal year.

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In other news, CFO Michael J. Alber purchased 19,000 shares of the business’s stock in a transaction on Tuesday, November 7th. The stock was purchased at an average cost of $5.36 per share, with a total value of $101,840.00. Following the acquisition, the chief financial officer now directly owns 19,000 shares in the company, valued at $101,840. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, General Counsel Philip Luci purchased 9,900 shares of the business’s stock in a transaction on Tuesday, November 7th. The stock was purchased at an average cost of $5.05 per share, with a total value of $49,995.00. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 38,900 shares of company stock valued at $203,735. Insiders own 4.62% of the company’s stock.

A number of large investors have recently made changes to their positions in the business. ETF Managers Group LLC bought a new position in The KEYW Holding Corporation in the 2nd quarter valued at $21,484,000. Stephens Investment Management Group LLC boosted its holdings in The KEYW Holding Corporation by 5.7% in the 2nd quarter. Stephens Investment Management Group LLC now owns 2,116,158 shares of the software maker’s stock valued at $19,786,000 after purchasing an additional 114,752 shares during the period. Vanguard Group Inc. boosted its holdings in The KEYW Holding Corporation by 4.4% in the 2nd quarter. Vanguard Group Inc. now owns 1,855,764 shares of the software maker’s stock valued at $17,351,000 after purchasing an additional 78,988 shares during the period. Macquarie Group Ltd. boosted its holdings in The KEYW Holding Corporation by 26.5% in the 2nd quarter. Macquarie Group Ltd. now owns 1,792,923 shares of the software maker’s stock valued at $16,764,000 after purchasing an additional 375,132 shares during the period. Finally, State Street Corp raised its position in shares of The KEYW Holding Corporation by 16.4% during the 2nd quarter. State Street Corp now owns 1,472,188 shares of the software maker’s stock valued at $13,769,000 after buying an additional 207,656 shares in the last quarter. 95.55% of the stock is owned by hedge funds and other institutional investors.

About The KEYW Holding Corporation

The KeyW Holding Corporation is a holding company. The Company is a provider of engineering and technology solutions to support the collection, processing, analysis and dissemination of information across the full spectrum of the Intelligence, cyber and counterterrorism communities missions. It operates through Government Solutions segment.

Analyst Recommendations for The KEYW Holding Corporation (NASDAQ:KEYW)

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