Truvestments Capital LLC Buys Shares of 178 Keysight Technologies, Inc. (NYSE:KEYS)

Truvestments Capital LLC purchased a new position in Keysight Technologies, Inc. (NYSE:KEYS) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 178 shares of the scientific and technical instruments company’s stock, valued at approximately $28,000.

Several other large investors also recently made changes to their positions in KEYS. American National Bank & Trust bought a new position in Keysight Technologies in the 3rd quarter worth $31,000. Meeder Asset Management Inc. bought a new position in shares of Keysight Technologies in the second quarter worth about $27,000. Family Firm Inc. acquired a new position in shares of Keysight Technologies during the 2nd quarter worth about $30,000. GPS Wealth Strategies Group LLC boosted its stake in Keysight Technologies by 262.9% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock valued at $35,000 after purchasing an additional 184 shares during the period. Finally, Versant Capital Management Inc grew its holdings in Keysight Technologies by 842.4% in the 2nd quarter. Versant Capital Management Inc now owns 311 shares of the scientific and technical instruments company’s stock valued at $43,000 after buying an additional 278 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Keysight Technologies Price Performance

Keysight Technologies stock opened at $168.61 on Friday. The business has a 50 day simple moving average of $157.80 and a 200 day simple moving average of $146.80. Keysight Technologies, Inc. has a one year low of $119.72 and a one year high of $175.39. The company has a market capitalization of $29.26 billion, a PE ratio of 48.17, a price-to-earnings-growth ratio of 2.22 and a beta of 0.98. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.98 and a quick ratio of 2.27.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Wells Fargo & Company reiterated an “overweight” rating and set a $180.00 price target on shares of Keysight Technologies in a report on Wednesday, August 21st. Barclays upped their target price on shares of Keysight Technologies from $180.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, November 20th. StockNews.com lowered shares of Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, November 23rd. Robert W. Baird increased their target price on shares of Keysight Technologies from $163.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, November 20th. Finally, JPMorgan Chase & Co. upped their price target on Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a report on Wednesday, August 21st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $177.30.

Insider Buying and Selling at Keysight Technologies

In other news, VP Lisa M. Poole sold 350 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $171.79, for a total transaction of $60,126.50. Following the completion of the sale, the vice president now owns 4,820 shares of the company’s stock, valued at approximately $828,027.80. This trade represents a 6.77 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.60% of the company’s stock.

About Keysight Technologies

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.