Keysight CEO Satish Dhanasekaran sells $1.09 million in stock

Keysight Technologies CEO Satish Dhanasekaran divested $1.09 million worth of company shares on September 30, 2026. The CEO traded 3,000 shares at a market price of $364.13 per share, resulting in a total transaction value of $1,092,390. The company's stock has been trading close to its 52-week high of $376.68, marking a 113% return over the preceding 12 months.

As of the sale, Mr. Dhanasekaran maintains a direct holding of 118,390.578 shares of Keysight Technologies common stock. Additionally, he serves as a Director on the company's board. According to InvestingPro analysis, the stock currently appears overvalued, with 19 ProTips available to subscribers. Keysight Technologies recently reported robust third-quarter fiscal 2026 results, exceeding analyst expectations.

The company reported adjusted earnings per share of $3.07, surpassing the estimated $2.48. Revenue for the quarter amounted to $1.85 billion, a 37% increase year-over-year from the prior year's $1.35 billion, surpassing the consensus estimate of $1.75 billion. The company also issued optimistic fourth-quarter guidance, projecting revenue between $1.93 billion and $1.95 billion, which exceeds Wall Street's expectation of $1.82 billion.

UBS recently raised its price target for Keysight Technologies to $440 from $420, maintaining a Buy rating and increasing its earnings estimates for fiscal years 2026, 2027, and 2028. This growth is attributed to strong demand in the AI sector.