KEYW (NASDAQ:KEYW) Rating Lowered to Neutral at Chardan Capital

KEYW (NASDAQ:KEYW) was downgraded by equities research analysts at Chardan Capital from a “buy” rating to a “neutral” rating in a report released on Wednesday, January 3rd, Marketbeat reports.

Several other equities analysts also recently issued reports on the stock. Royal Bank of Canada set a $7.00 price target on shares of KEYW and gave the company a “buy” rating in a report on Thursday, November 16th. Zacks Investment Research downgraded shares of KEYW from a “hold” rating to a “sell” rating in a report on Wednesday, November 8th. BidaskClub downgraded shares of KEYW from a “hold” rating to a “sell” rating in a report on Wednesday, December 6th. Maxim Group cut their price objective on shares of KEYW from $13.00 to $10.00 and set a “buy” rating on the stock in a research note on Friday, November 3rd. Finally, Stifel Nicolaus initiated coverage on shares of KEYW in a research note on Tuesday, November 21st. They set a “hold” rating and a $6.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $9.20.

Shares of KEYW (NASDAQ KEYW) traded up $0.21 on Wednesday, hitting $6.48. 534,800 shares of the stock traded hands, compared to its average volume of 505,813. KEYW has a 52 week low of $4.94 and a 52 week high of $12.40. The firm has a market capitalization of $312.22, a P/E ratio of -11.17 and a beta of 0.81. The company has a current ratio of 1.48, a quick ratio of 1.25 and a debt-to-equity ratio of 0.88.

In other KEYW news, Director Caroline S. Pisano purchased 10,000 shares of the company’s stock in a transaction on Tuesday, November 7th. The shares were purchased at an average cost of $5.19 per share, for a total transaction of $51,900.00. Following the completion of the transaction, the director now owns 69,346 shares in the company, valued at $359,905.74. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Philip Luci purchased 9,900 shares of the company’s stock in a transaction on Tuesday, November 7th. The stock was acquired at an average price of $5.05 per share, for a total transaction of $49,995.00. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 38,900 shares of company stock worth $203,735. 4.62% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in KEYW by 4.4% during the 2nd quarter. Vanguard Group Inc. now owns 1,855,764 shares of the software maker’s stock worth $17,351,000 after buying an additional 78,988 shares during the period. Northern Trust Corp grew its stake in KEYW by 58.9% during the 2nd quarter. Northern Trust Corp now owns 815,687 shares of the software maker’s stock valued at $7,627,000 after acquiring an additional 302,454 shares in the last quarter. Elk Creek Partners LLC grew its stake in KEYW by 12.6% during the 3rd quarter. Elk Creek Partners LLC now owns 866,369 shares of the software maker’s stock valued at $6,593,000 after acquiring an additional 96,807 shares in the last quarter. State Street Corp grew its stake in KEYW by 16.4% during the 2nd quarter. State Street Corp now owns 1,472,188 shares of the software maker’s stock valued at $13,769,000 after acquiring an additional 207,656 shares in the last quarter. Finally, Pier Capital LLC grew its stake in KEYW by 7.5% during the 2nd quarter. Pier Capital LLC now owns 451,290 shares of the software maker’s stock valued at $4,220,000 after acquiring an additional 31,586 shares in the last quarter. Hedge funds and other institutional investors own 96.30% of the company’s stock.

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KEYW Company Profile

The KeyW Holding Corporation is a holding company. The Company is a provider of engineering and technology solutions to support the collection, processing, analysis and dissemination of information across the full spectrum of the Intelligence, cyber and counterterrorism communities missions. It operates through Government Solutions segment.

Analyst Recommendations for KEYW (NASDAQ:KEYW)

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