Short Interest in Keysight Technologies Inc. (NYSE:KEYS) Drops By 20.5%

Keysight Technologies Inc. (NYSE:KEYSGet Free Report) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 2,397,519 shares, a drop of 20.5% from the December 15th total of 3,017,461 shares. Based on an average daily volume of 1,072,535 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.4% of the shares of the company are short sold. Currently, 1.4% of the shares of the company are short sold. Based on an average daily volume of 1,072,535 shares, the days-to-cover ratio is currently 2.2 days.

Insider Buying and Selling

In other Keysight Technologies news, SVP Jeffrey K. Li sold 3,934 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $200.84, for a total transaction of $790,104.56. Following the completion of the sale, the senior vice president directly owned 36,699 shares in the company, valued at $7,370,627.16. The trade was a 9.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Sung Yoon sold 889 shares of the stock in a transaction that occurred on Tuesday, December 30th. The stock was sold at an average price of $206.66, for a total transaction of $183,720.74. Following the completion of the transaction, the senior vice president owned 16,953 shares in the company, valued at $3,503,506.98. This trade represents a 4.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 78,784 shares of company stock valued at $15,841,737 in the last ninety days. Corporate insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On Keysight Technologies

Large investors have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in Keysight Technologies by 0.5% during the 3rd quarter. Vanguard Group Inc. now owns 21,423,838 shares of the scientific and technical instruments company’s stock worth $3,747,458,000 after buying an additional 97,064 shares during the last quarter. State Street Corp increased its holdings in shares of Keysight Technologies by 0.7% during the second quarter. State Street Corp now owns 7,973,742 shares of the scientific and technical instruments company’s stock valued at $1,306,577,000 after acquiring an additional 55,358 shares in the last quarter. Boston Partners increased its stake in Keysight Technologies by 3.4% during the 3rd quarter. Boston Partners now owns 4,870,268 shares of the scientific and technical instruments company’s stock valued at $851,525,000 after purchasing an additional 160,728 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Keysight Technologies by 0.9% during the second quarter. Geode Capital Management LLC now owns 4,575,953 shares of the scientific and technical instruments company’s stock valued at $747,437,000 after buying an additional 40,560 shares during the last quarter. Finally, Capital World Investors raised its stake in Keysight Technologies by 1.6% in the 3rd quarter. Capital World Investors now owns 3,700,709 shares of the scientific and technical instruments company’s stock worth $647,328,000 after acquiring an additional 58,039 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Trading Down 0.1%

Shares of NYSE:KEYS traded down $0.13 during trading on Monday, reaching $214.37. 1,109,591 shares of the company were exchanged, compared to its average volume of 874,841. The business’s fifty day simple moving average is $200.39 and its 200-day simple moving average is $179.57. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.35 and a quick ratio of 1.78. Keysight Technologies has a 12-month low of $121.43 and a 12-month high of $218.15. The firm has a market capitalization of $36.83 billion, a PE ratio of 43.84, a P/E/G ratio of 2.27 and a beta of 1.18.

Keysight Technologies (NYSE:KEYSGet Free Report) last announced its quarterly earnings data on Monday, November 24th. The scientific and technical instruments company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.08. The company had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.39 billion. Keysight Technologies had a return on equity of 19.30% and a net margin of 15.71%.Keysight Technologies’s revenue was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.65 earnings per share. Keysight Technologies has set its Q1 2026 guidance at 1.950-2.010 EPS. On average, research analysts anticipate that Keysight Technologies will post 6.32 EPS for the current year.

Keysight Technologies announced that its board has authorized a share buyback program on Monday, November 24th that allows the company to repurchase $1.50 billion in shares. This repurchase authorization allows the scientific and technical instruments company to repurchase up to 4.9% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

KEYS has been the subject of a number of recent research reports. Citigroup boosted their price objective on Keysight Technologies from $215.00 to $220.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Susquehanna lifted their price target on shares of Keysight Technologies from $215.00 to $225.00 and gave the company a “positive” rating in a report on Tuesday, November 25th. Wells Fargo & Company upped their price target on shares of Keysight Technologies from $190.00 to $225.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 25th. Robert W. Baird set a $210.00 price target on Keysight Technologies in a research note on Wednesday, November 26th. Finally, UBS Group set a $230.00 price objective on Keysight Technologies in a research note on Tuesday, November 25th. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $219.82.

Check Out Our Latest Stock Analysis on Keysight Technologies

About Keysight Technologies

(Get Free Report)

Keysight Technologies is a global provider of electronic design, test, measurement and optimization solutions for communications, electronics and related industries. The company was formed as a corporate spin-off from Agilent Technologies in 2014; its origins trace back to the electronic measurement business that was part of Hewlett‑Packard before Agilent. Keysight develops hardware and software used throughout the product development lifecycle, from design and simulation to prototype validation and manufacturing test.

Keysight’s product portfolio includes electronic test and measurement instruments such as oscilloscopes, network and spectrum analyzers, signal generators, vector network analyzers and modular PXI-based systems, together with software platforms for simulation, automated test and data analysis.

Further Reading

Receive News & Ratings for Keysight Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keysight Technologies and related companies with MarketBeat.com's FREE daily email newsletter.