Stock Analysis

Have Insiders Sold Keysight Technologies, Inc. (NYSE:KEYS) Shares Recently?

  •  Updated
NYSE:KEYS
Source: Shutterstock

Some Keysight Technologies, Inc. (NYSE:KEYS) shareholders may be a little concerned to see that the Senior VP and President of Order Fulfillment & Digital Operations, Soon Gooi, recently sold a substantial US$4.4m worth of stock at a price of US$173 per share. However, it's crucial to note that they remain very much invested in the stock and that sale only reduced their holding by 9.6%.

See our latest analysis for Keysight Technologies

Keysight Technologies Insider Transactions Over The Last Year

In fact, the recent sale by Soon Gooi was the biggest sale of Keysight Technologies shares made by an insider individual in the last twelve months, according to our records. So it's clear an insider wanted to take some cash off the table, even slightly below the current price of US$176. As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don't know for sure what they think of the stock price. We note that the biggest single sale was only 9.6%of Soon Gooi's holding.

In the last twelve months insiders purchased 2.58k shares for US$401k. But they sold 105.86k shares for US$20m. All up, insiders sold more shares in Keysight Technologies than they bought, over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

insider-trading-volume
NYSE:KEYS Insider Trading Volume November 25th 2022

If you are like me, then you will not want to miss this free list of growing companies that insiders are buying.

Insider Ownership Of Keysight Technologies

Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. It's great to see that Keysight Technologies insiders own 0.6% of the company, worth about US$199m. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

What Might The Insider Transactions At Keysight Technologies Tell Us?

The insider sales have outweighed the insider buying, at Keysight Technologies, in the last three months. And our longer term analysis of insider transactions didn't bring confidence, either. On the plus side, Keysight Technologies makes money, and is growing profits. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. You'd be interested to know, that we found 1 warning sign for Keysight Technologies and we suggest you have a look.

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

Valuation is complex, but we're helping make it simple.

Find out whether Keysight Technologies is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis