KEYW Holding Corp. (NASDAQ:KEYW)‘s stock had its “hold” rating restated by Noble Financial in a report released on Monday, May 15th, StockTargetPrices.com reports.
A number of other research analysts also recently issued reports on KEYW. Zacks Investment Research downgraded KEYW Holding Corp. from a “hold” rating to a “strong sell” rating in a report on Monday, January 30th. Royal Bank of Canada initiated coverage on KEYW Holding Corp. in a report on Wednesday, February 15th. They issued an “outperform” rating and a $12.00 price target for the company. Finally, Maxim Group reissued a “hold” rating on shares of KEYW Holding Corp. in a report on Saturday, March 11th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $12.00.
KEYW Holding Corp. (NASDAQ KEYW) opened at 9.38 on Monday. The stock’s market cap is $459.32 million. KEYW Holding Corp. has a 1-year low of $8.07 and a 1-year high of $13.57. The company’s 50-day moving average price is $9.08 and its 200-day moving average price is $10.39.
KEYW Holding Corp. (NASDAQ:KEYW) last announced its quarterly earnings results on Wednesday, March 8th. The software maker reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.01) by $0.07. KEYW Holding Corp. had a negative net margin of 9.10% and a positive return on equity of 0.09%. The company had revenue of $68.90 million during the quarter, compared to analyst estimates of $72.30 million. During the same period in the previous year, the firm posted ($0.12) earnings per share. The company’s revenue was down 14.6% compared to the same quarter last year. Analysts predict that KEYW Holding Corp. will post $0.03 EPS for the current year. In other KEYW Holding Corp. news, Director Mark W. Sopp bought 20,000 shares of KEYW Holding Corp. stock in a transaction dated Thursday, May 11th. The stock was acquired at an average cost of $8.29 per share, with a total value of $165,800.00. Following the purchase, the director now directly owns 49,346 shares in the company, valued at approximately $409,078.34. The acquisition was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 7.90% of the company’s stock.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Stephens Investment Management Group LLC acquired a new position in shares of KEYW Holding Corp. during the first quarter valued at $18,893,000. FMR LLC increased its position in shares of KEYW Holding Corp. by 20.8% in the first quarter. FMR LLC now owns 7,424,468 shares of the software maker’s stock valued at $70,087,000 after buying an additional 1,280,376 shares during the last quarter. Boston Partners increased its position in shares of KEYW Holding Corp. by 141.1% in the first quarter. Boston Partners now owns 1,131,804 shares of the software maker’s stock valued at $10,684,000 after buying an additional 662,294 shares during the last quarter. Raymond James Financial Services Advisors Inc. acquired a new position in shares of KEYW Holding Corp. during the fourth quarter valued at $7,554,000. Finally, Neuberger Berman Group LLC increased its position in shares of KEYW Holding Corp. by 17.6% in the first quarter. Neuberger Berman Group LLC now owns 4,016,491 shares of the software maker’s stock valued at $37,916,000 after buying an additional 601,323 shares during the last quarter. 72.54% of the stock is owned by institutional investors and hedge funds. About KEYW Holding Corp.
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