Meridian Management Co. Sells 14,187 Shares of Keysight Technologies Inc. $KEYS

Meridian Management Co. decreased its position in shares of Keysight Technologies Inc. (NYSE:KEYSFree Report) by 37.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,366 shares of the scientific and technical instruments company’s stock after selling 14,187 shares during the period. Keysight Technologies accounts for 1.6% of Meridian Management Co.’s holdings, making the stock its 15th biggest position. Meridian Management Co.’s holdings in Keysight Technologies were worth $6,598,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of KEYS. Quarry LP acquired a new position in Keysight Technologies during the 4th quarter valued at about $25,000. Entrust Financial LLC acquired a new stake in Keysight Technologies in the fourth quarter worth about $45,000. DV Equities LLC acquired a new stake in Keysight Technologies in the fourth quarter worth about $49,000. Atlantic Edge Private Wealth Management LLC grew its stake in shares of Keysight Technologies by 497.7% during the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 257 shares of the scientific and technical instruments company’s stock worth $52,000 after acquiring an additional 214 shares during the last quarter. Finally, Atlas Capital Advisors Inc. acquired a new position in shares of Keysight Technologies during the fourth quarter valued at about $57,000. 84.58% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Keysight Technologies news, CEO Satish Dhanasekaran sold 507 shares of the company’s stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $361.32, for a total value of $183,189.24. Following the sale, the chief executive officer owned 121,391 shares in the company, valued at approximately $43,860,996.12. This represents a 0.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $340.87, for a total transaction of $681,740.00. Following the sale, the senior vice president directly owned 105,861 shares in the company, valued at $36,084,839.07. The trade was a 1.85% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 5,507 shares of company stock worth $1,904,669. Corporate insiders own 0.40% of the company’s stock.

Keysight Technologies Stock Performance

NYSE KEYS opened at $325.76 on Wednesday. The stock has a 50-day simple moving average of $342.94 and a two-hundred day simple moving average of $293.00. The firm has a market capitalization of $55.67 billion, a P/E ratio of 53.58, a PEG ratio of 1.83 and a beta of 1.21. Keysight Technologies Inc. has a fifty-two week low of $152.85 and a fifty-two week high of $374.96. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.51 and a current ratio of 1.90.

Keysight Technologies (NYSE:KEYSGet Free Report) last issued its earnings results on Tuesday, May 19th. The scientific and technical instruments company reported $2.87 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.55. The firm had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.71 billion. Keysight Technologies had a return on equity of 21.58% and a net margin of 17.25%.The company’s revenue was up 31.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.70 earnings per share. Keysight Technologies has set its Q3 2026 guidance at 2.430-2.490 EPS. On average, equities analysts forecast that Keysight Technologies Inc. will post 9.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Truist Financial increased their price objective on shares of Keysight Technologies from $310.00 to $376.00 and gave the company a “hold” rating in a research report on Thursday, May 21st. Morgan Stanley raised their price target on shares of Keysight Technologies from $305.00 to $350.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 20th. Wells Fargo & Company boosted their price objective on shares of Keysight Technologies from $300.00 to $390.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. UBS Group upped their target price on Keysight Technologies from $340.00 to $420.00 and gave the company a “buy” rating in a research report on Wednesday, May 20th. Finally, Wall Street Zen upgraded Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $371.92.

Check Out Our Latest Stock Report on KEYS

About Keysight Technologies

(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

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Institutional Ownership by Quarter for Keysight Technologies (NYSE:KEYS)

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