Keysight Technologies Slides as AI Hardware Weakness and Supply-Constraint Talk Weigh on Shares

Keysight Technologies (KEYS) is down 5.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely explanation is a mix of broader weakness in AI-linked technology stocks and investor caution around Keysight’s recent discussion of supply constraints that are delaying some revenue recognition rather than eliminating demand. With no obvious new company-specific negative announcement today, the pullback looks at least partly tied to sentiment and profit-taking after a strong run in the stock. ([apnews.com](https://apnews.com/article/0b44bfb43960c6ae850567c0c4e5003a))

Details:

In its fiscal third-quarter release on August 18, 2026, the company posted revenue of $1.85 billion and improved its fourth-quarter outlook to roughly $1.93 billion to $1.95 billion, showing the core business was still growing strongly. ([investor.keysight.com](https://investor.keysight.com/investor-news-and-events/financial-press-releases/press-release-details/2026/Keysight-Technologies-Reports-Third-Quarter-2026-Results/default.aspx))

At a September 11 investor conference, management said demand remains strong across AI data centers, defense, industrial markets, and communications, but it also said supply limitations are making the revenue path “nonlinear.” ([stockanalysis.com](https://stockanalysis.com/stocks/keys/transcripts/741444-goldman-sachs-communacopia-technology-conference-2026/))

Management indicated that as much as about $100 million of revenue could be pushed beyond the normal shipment window because of component bottlenecks, even though orders remain healthy. ([stockanalysis.com](https://stockanalysis.com/stocks/keys/transcripts/741444-goldman-sachs-communacopia-technology-conference-2026/))

Today’s market backdrop also hurt AI-related names more broadly as investors reacted to a rise in oil prices and the 10-year Treasury yield briefly touching 5%, which added pressure to growth-stock valuations. ([apnews.com](https://apnews.com/article/0b44bfb43960c6ae850567c0c4e5003a))

Sources:

Keysight Technologies, Stock Analysis, Associated Press

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$KEYS Insider Trading Activity

$KEYS insiders have traded $KEYS stock on the open market 12 times in the past 6 months. Of those trades, 0 have been purchases and 12 have been sales.

Here’s a breakdown of recent trading of $KEYS stock by insiders over the last 6 months:

RONALD S. NERSESIAN sold 30,000 shares for an estimated $8,578,920
INGRID A ESTRADA (SVP) has made 0 purchases and 3 sales selling 6,000 shares for an estimated $1,963,260.
SATISH DHANASEKARAN (President and CEO) has made 0 purchases and 3 sales selling 3,841 shares for an estimated $1,166,719.
JAMES CULLEN sold 3,000 shares for an estimated $1,039,740
JEAN MCCLUNG NYE sold 3,000 shares for an estimated $957,660
NEIL DOUGHERTY (EVP and CFO) sold 2,000 shares for an estimated $596,740
JEFFREY K LI (SVP and Secretary) sold 2,000 shares for an estimated $594,380
RICHARD P HAMADA sold 870 shares for an estimated $239,929

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$KEYS Hedge Fund Activity

We have seen 661 institutional investors add shares of $KEYS stock to their portfolio, and 518 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

PRICE T ROWE ASSOCIATES INC /MD/ removed 5,324,777 shares (-35.6%) from their portfolio in Q2 2026, for an estimated $1,864,044,684
BOSTON PARTNERS removed 2,484,352 shares (-88.4%) from their portfolio in Q2 2026, for an estimated $869,697,104
BLACKROCK, INC. added 1,473,391 shares (+7.9%) to their portfolio in Q2 2026, for an estimated $515,789,987
FMR LLC added 1,200,533 shares (+101.9%) to their portfolio in Q2 2026, for an estimated $420,270,587
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,101,512 shares (+inf%) to their portfolio in Q2 2026, for an estimated $385,606,305
VICTORY CAPITAL MANAGEMENT INC removed 905,372 shares (-39.3%) from their portfolio in Q2 2026, for an estimated $316,943,576
JPMORGAN CHASE & CO added 663,951 shares (+inf%) to their portfolio in Q2 2026, for an estimated $232,429,326

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$KEYS Government Contracts

We have seen $39,302,709 of award payments to $KEYS over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

THIS DO W912CH26F0140 TO CONTRACT W31P4Q23D0009, IS TO ORDER 546 CM-523/U, 546 TRAINING CDS, WITH SUPPORTIN...: $12,100,152
PXIE VECTOR NETWORK ANALYZER LEASE WITH OPTION TO PURCHASE: $1,148,475
RAPID ACQUISITION OF A RADIO FREQUENCY THREAT SIMULATOR 4: $903,970

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$KEYS Price Targets

Multiple analysts have issued price targets for $KEYS recently. We have seen 10 analysts offer price targets for $KEYS in the last 6 months, with a median target of $388.5.

Here are some recent targets:

Matthew Niknam from Truist Securities set a target price of $376.0 on 05/22/2026
Samik Chatterjee from JP Morgan set a target price of $390.0 on 05/21/2026
Atif Malik from Citigroup set a target price of $396.0 on 05/21/2026
Meta Marshall from Morgan Stanley set a target price of $350.0 on 05/20/2026
Mehdi Hosseini from Susquehanna set a target price of $425.0 on 05/20/2026
Andrew Spinola from UBS set a target price of $420.0 on 05/20/2026
Aaron Rakers from Wells Fargo set a target price of $390.0 on 05/20/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.