Keysight Applied sciences SVP Mark Wallace sells $970,769 in inventory

Mark Adam Wallace, Senior Vice President at Keysight Applied sciences , Inc. (NYSE:KEYS), lately offered 6,000 shares of the corporate’s frequent inventory. The transaction, which befell on December 30, 2024, was executed at a median worth of $161.795 per share, producing a complete of roughly $970,769. Following this sale, Wallace retains possession of 85,828.742 shares within the firm. The sale occurred as Keysight, at present valued at $27.8 billion, trades at a comparatively excessive P/E ratio of 45.4. In response to InvestingPro evaluation, the corporate maintains robust liquidity with a present ratio of two.98, whereas receiving a FAIR general monetary well being score. InvestingPro subscribers have entry to 10 further key insights about Keysight, together with complete valuation metrics and an in depth Professional Analysis Report.

In different latest information, Synopsys (NASDAQ:SNPS) is getting ready to securing European Union approval for its $35 billion acquisition of Ansys (NASDAQ:ANSS), following a dedication to divest two enterprise items to alleviate competitors issues. The divestments embrace the Optical Options Group and Ansys PowerArtist, belongings that shall be acquired by Keysight Applied sciences. This strategic transfer is predicted to make sure that the merger doesn’t stifle competitors or hinder innovation within the chip design software program trade.

In associated developments, Keysight Applied sciences has obtained favorable consideration from analysts. JPMorgan upgraded Keysight’s inventory to Chubby, citing expectations of a cyclical restoration in finish markets and potential advantages from the corporate’s acquisition of Spirent (LON:SPT). Equally, Baird maintained an Outperform score on Keysight and elevated the value goal, highlighting robust order efficiency and a faster-than-expected enterprise restoration.

Moreover, Keysight reported strong fourth-quarter outcomes, surpassing analysts’ expectations. The corporate reported adjusted earnings per share of $1.65 and income of $1.29 billion, each exceeding estimates. Trying forward, Keysight offered robust steering for the primary quarter of fiscal 2025, projecting adjusted earnings between $1.65 to $1.71 per share, with income estimated between $1.265 billion and $1.285 billion.

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