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Insider Selling: WALLACE Mark ADAM, Keysight Technologies Inc [KEYS] SVP divested 6,000 shares

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Keysight Technologies Inc shares valued at $970,770 were sold by WALLACE Mark ADAM on Dec 30 ’24. At $161.79 per share, WALLACE Mark ADAM sold 6,000 shares. The insider’s holdings dropped to 85,829 shares worth approximately $13.43 million following the completion of this transaction.

Also, WALLACE Mark ADAM purchased 6,000 shares, netting a total of over 970,771 in proceeds.

Before that, Li Jeffrey K had sold 4,412 shares from its account. In a trade valued at $758,511, the SVP and Secretary traded Keysight Technologies Inc shares for $171.92 each. Upon closing the transaction, the insider’s holdings decreased to 4,412 shares, worth approximately $4.79 million.

As published in a research note from JP Morgan on December 16, 2024, Keysight Technologies Inc [KEYS] has been rated up from a Neutral to an Overweight and the price target has been revised to $200 from $170. Analysts at Barclays upgraded the stock from ‘”an Equal weight”‘ to ‘”an Overweight”‘ outlook in a report released in early November. As of July 23, 2024, Vertical Research has initiated its “Buy” rating for KEYS. Earlier on February 15, 2024, JP Morgan downgraded its rating. Their new recommendation was “a Neutral” for KEYS stock which previously was a “an Overweight”.

Analyzing KEYS Stock Performance

During the last five days, there has been a drop of approximately -2.42%. Over the course of the year, Keysight Technologies Inc shares have dropped approximately -2.58%. Shares of the company reached a 52-week high of $186.20 on 02/19/25 and a 52-week low of $151.99 on 03/05/25. A 50-day SMA is recorded $168.83, while a 200-day SMA reached $153.88.

Support And Resistance Levels for Keysight Technologies Inc (KEYS)

According to the 24-hour chart, there is a support level at 153.35, which, if violated, would cause prices to drop to 150.21. In the upper region, resistance lies at 158.26. The next price resistance is at 160.03. RSI (Relative Strength Index) is 33.53 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -14.99, which suggests the price will decrease in the coming days. Percent R is at 86.88%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

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