The KEYW Holding Corporation (KEYW) Downgraded by Zacks Investment Research to Sell

Zacks Investment Research cut shares of The KEYW Holding Corporation (NASDAQ:KEYW) from a hold rating to a sell rating in a research report report published on Tuesday, July 18th.

According to Zacks, “KEYW Corporation with its subsidiaries is engaged in providing mission-critical cyber security and cyber superiority solutions to defense, intelligence and national security agencies. Its solutions, services and products support the collection, processing, analysis, and use of intelligence data and information in the domain of cyberspace. The Company provides a full range of engineering services as well as fully integrated platforms that support the entire intelligence process. Its platform includes products that it manufactures, as well as hardware and software that the Company integrates using its engineering services. Its current customers include the National Security Agency (NSA), other intelligence agencies, the Department of Defense (including major agencies and branches within the Department of Defense) and other federal defense and law enforcement agencies. KEYW Corporation is headquartered in Hanover, Maryland. “

KEYW has been the subject of a number of other research reports. Maxim Group raised The KEYW Holding Corporation from a hold rating to a buy rating and set a $13.00 price objective for the company in a research note on Thursday, May 4th. Noble Financial reissued a hold rating on shares of The KEYW Holding Corporation in a research note on Friday, May 5th. Finally, ValuEngine cut The KEYW Holding Corporation from a hold rating to a sell rating in a research note on Tuesday, June 6th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. The KEYW Holding Corporation presently has a consensus rating of Hold and an average target price of $12.00.

The KEYW Holding Corporation (KEYW) traded up 0.56% during midday trading on Tuesday, reaching $8.94. The company’s stock had a trading volume of 248,465 shares. The firm’s market cap is $437.77 million. The firm has a 50 day moving average of $9.08 and a 200 day moving average of $9.49. The KEYW Holding Corporation has a 52-week low of $8.07 and a 52-week high of $13.57.

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In related news, Director Mark W. Sopp bought 20,000 shares of the business’s stock in a transaction that occurred on Thursday, May 11th. The shares were bought at an average price of $8.29 per share, with a total value of $165,800.00. Following the completion of the transaction, the director now directly owns 49,346 shares in the company, valued at $409,078.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.62% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Greenwood Capital Associates LLC bought a new position in shares of The KEYW Holding Corporation during the first quarter valued at about $114,000. Paloma Partners Management Co bought a new position in shares of The KEYW Holding Corporation during the first quarter valued at about $132,000. US Bancorp DE boosted its position in shares of The KEYW Holding Corporation by 183.3% in the first quarter. US Bancorp DE now owns 14,868 shares of the software maker’s stock valued at $140,000 after buying an additional 9,620 shares during the last quarter. Sei Investments Co. boosted its position in shares of The KEYW Holding Corporation by 0.8% in the second quarter. Sei Investments Co. now owns 15,215 shares of the software maker’s stock valued at $142,000 after buying an additional 128 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of The KEYW Holding Corporation during the first quarter worth approximately $165,000. 97.34% of the stock is currently owned by institutional investors.

The KEYW Holding Corporation 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.

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Analyst Recommendations for The KEYW Holding Corporation (NASDAQ:KEYW)

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