Keysight Technologies (NYSE:KEYS) Director Ronald Nersesian Sells 30,000 Shares

Keysight Technologies Inc. (NYSE:KEYSGet Free Report) Director Ronald Nersesian sold 30,000 shares of the business’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $285.96, for a total transaction of $8,578,800.00. Following the sale, the director owned 163,377 shares in the company, valued at approximately $46,719,286.92. This trade represents a 15.51% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.

Keysight Technologies Trading Up 2.2%

Shares of NYSE KEYS opened at $290.29 on Friday. Keysight Technologies Inc. has a 1 year low of $121.43 and a 1 year high of $317.00. The stock has a market cap of $49.78 billion, a P/E ratio of 52.30, a price-to-earnings-growth ratio of 2.21 and a beta of 1.12. The firm has a 50-day moving average of $248.17 and a 200 day moving average of $206.34. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.60 and a quick ratio of 2.02.

Keysight Technologies (NYSE:KEYSGet Free Report) last announced its quarterly earnings data on Monday, February 23rd. The scientific and technical instruments company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.00 by $0.17. Keysight Technologies had a net margin of 16.84% and a return on equity of 19.26%. The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the prior year, the company earned $1.82 earnings per share. The business’s revenue was up 23.3% compared to the same quarter last year. Keysight Technologies has set its FY 2026 guidance at 8.590- EPS and its Q2 2026 guidance at 2.270-2.330 EPS. As a group, sell-side analysts expect that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.

Keysight Technologies announced that its board has authorized a stock repurchase program on Monday, November 24th that authorizes the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization authorizes the scientific and technical instruments company to reacquire up to 4.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

A number of research analysts have issued reports on KEYS shares. Wells Fargo & Company lifted their price objective on Keysight Technologies from $225.00 to $300.00 and gave the company an “overweight” rating in a research note on Tuesday, February 24th. Morgan Stanley raised their price target on Keysight Technologies from $227.00 to $268.00 and gave the company an “equal weight” rating in a report on Tuesday, February 24th. Bank of America upgraded shares of Keysight Technologies from a “neutral” rating to a “buy” rating and set a $340.00 price target on the stock in a research note on Tuesday, February 24th. JPMorgan Chase & Co. increased their price objective on shares of Keysight Technologies from $255.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, February 24th. Finally, Susquehanna reaffirmed a “positive” rating and issued a $300.00 target price on shares of Keysight Technologies in a report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $295.36.

Read Our Latest Stock Report on KEYS

Institutional Trading of Keysight Technologies

A number of large investors have recently made changes to their positions in KEYS. Quarry LP purchased a new stake in Keysight Technologies in the fourth quarter worth approximately $25,000. Optiver Holding B.V. purchased a new stake in Keysight Technologies during the 3rd quarter valued at $35,000. Westfuller Advisors LLC bought a new position in shares of Keysight Technologies during the 3rd quarter valued at $45,000. Entrust Financial LLC bought a new position in shares of Keysight Technologies during the 4th quarter valued at $45,000. Finally, True Wealth Design LLC boosted its stake in shares of Keysight Technologies by 68.5% in the 3rd quarter. True Wealth Design LLC now owns 278 shares of the scientific and technical instruments company’s stock worth $49,000 after buying an additional 113 shares during the last quarter. 84.58% of the stock is currently owned by institutional investors.

Keysight Technologies Company Profile

(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.

See Also

Insider Buying and Selling by Quarter for Keysight Technologies (NYSE:KEYS)

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.