First Trust Advisors LP reduced its stake in shares of The KEYW Holding Corporation (NASDAQ:KEYW) by 59.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 186,813 shares of the software maker’s stock after selling 278,721 shares during the period. First Trust Advisors LP owned 0.38% of The KEYW worth $1,422,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of KEYW. Alliancebernstein L.P. raised its holdings in The KEYW by 33.1% during the first quarter. Alliancebernstein L.P. now owns 20,500 shares of the software maker’s stock valued at $194,000 after buying an additional 5,100 shares in the last quarter. Teachers Advisors LLC raised its holdings in The KEYW by 13.6% during the first quarter. Teachers Advisors LLC now owns 92,887 shares of the software maker’s stock valued at $877,000 after buying an additional 11,113 shares in the last quarter. California Public Employees Retirement System raised its holdings in The KEYW by 99.6% during the first quarter. California Public Employees Retirement System now owns 100,200 shares of the software maker’s stock valued at $946,000 after buying an additional 50,000 shares in the last quarter. Vanguard Group Inc. raised its holdings in The KEYW by 27.7% during the first quarter. Vanguard Group Inc. now owns 1,776,776 shares of the software maker’s stock valued at $16,772,000 after buying an additional 385,099 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in The KEYW by 18.4% during the first quarter. Geode Capital Management LLC now owns 347,785 shares of the software maker’s stock valued at $3,283,000 after buying an additional 54,009 shares in the last quarter. Institutional investors own 96.30% of the company’s stock.

In other news, General Counsel Philip Luci bought 9,900 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The shares were acquired at an average cost of $5.05 per share, with a total value of $49,995.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Caroline S. Pisano bought 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The shares were purchased at an average cost of $5.19 per share, for a total transaction of $51,900.00. Following the completion of the transaction, the director now owns 69,346 shares of the company’s stock, valued at $359,905.74. The disclosure for this purchase can be found here. Insiders bought 38,900 shares of company stock worth $203,735 over the last quarter. 4.62% of the stock is currently owned by corporate insiders.

KEYW has been the topic of a number of recent analyst reports. Maxim Group set a $13.00 price objective on The KEYW and gave the stock a “buy” rating in a research note on Thursday, August 10th. Noble Financial reiterated a “hold” rating on shares of The KEYW in a research note on Friday, August 11th. Zacks Investment Research upgraded The KEYW from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. BidaskClub lowered The KEYW from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 17th. Finally, Drexel Hamilton upgraded The KEYW from a “hold” rating to a “buy” rating and set a $10.00 price objective on the stock in a research note on Friday, August 25th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $9.20.

The KEYW Holding Corporation (NASDAQ:KEYW) opened at $5.33 on Friday. The company has a current ratio of 1.48, a quick ratio of 1.25 and a debt-to-equity ratio of 0.88. The KEYW Holding Corporation has a 12 month low of $4.94 and a 12 month high of $13.57.

WARNING: This news story was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of US and international trademark & copyright legislation. The correct version of this news story can be accessed at https://www.thecerbatgem.com/2017/12/02/first-trust-advisors-lp-sells-278721-shares-of-the-keyw-holding-corporation-keyw.html.

The KEYW Profile

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.

Want to see what other hedge funds are holding KEYW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The KEYW Holding Corporation (NASDAQ:KEYW).

Institutional Ownership by Quarter for The KEYW (NASDAQ:KEYW)

Receive News & Stock Ratings for The KEYW Holding Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The KEYW Holding Corporation and related stocks with our FREE daily email newsletter.