California Public Employees Retirement System increased its position in shares of The KEYW Holding Corporation (NASDAQ:KEYW) by 99.6% during the first quarter, Holdings Channel reports. The firm owned 100,200 shares of the software maker’s stock after buying an additional 50,000 shares during the period. California Public Employees Retirement System’s holdings in The KEYW Holding Corporation were worth $946,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sei Investments Co. boosted its position in shares of The KEYW Holding Corporation by 8.2% in the first quarter. Sei Investments Co. now owns 15,087 shares of the software maker’s stock worth $143,000 after buying an additional 1,138 shares during the period. Nationwide Fund Advisors boosted its position in shares of The KEYW Holding Corporation by 15.3% in the first quarter. Nationwide Fund Advisors now owns 28,289 shares of the software maker’s stock worth $267,000 after buying an additional 3,758 shares during the period. Alliancebernstein L.P. boosted its position in shares of The KEYW Holding Corporation by 33.1% in the first quarter. Alliancebernstein L.P. now owns 20,500 shares of the software maker’s stock worth $194,000 after buying an additional 5,100 shares during the period. M&T Bank Corp boosted its position in shares of The KEYW Holding Corporation by 31.4% in the first quarter. M&T Bank Corp now owns 26,092 shares of the software maker’s stock worth $246,000 after buying an additional 6,237 shares during the period. Finally, American International Group Inc. boosted its position in shares of The KEYW Holding Corporation by 30.6% in the first quarter. American International Group Inc. now owns 26,957 shares of the software maker’s stock worth $254,000 after buying an additional 6,318 shares during the period. 97.26% of the stock is currently owned by hedge funds and other institutional investors.

The KEYW Holding Corporation (KEYW) traded up 8.01% during mid-day trading on Friday, hitting $8.23. The company had a trading volume of 535,673 shares. The KEYW Holding Corporation has a 1-year low of $7.27 and a 1-year high of $13.57. The stock’s market capitalization is $408.81 million. The stock has a 50 day moving average price of $8.97 and a 200-day moving average price of $9.36.

The KEYW Holding Corporation (NASDAQ:KEYW) last posted its quarterly earnings results on Wednesday, August 9th. The software maker reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.02. The business had revenue of $124.10 million during the quarter, compared to analysts’ expectations of $120.06 million. The KEYW Holding Corporation had a negative net margin of 6.39% and a negative return on equity of 1.61%. The business’s quarterly revenue was up 69.3% on a year-over-year basis. During the same quarter last year, the company posted ($0.01) earnings per share. On average, analysts forecast that The KEYW Holding Corporation will post $0.02 earnings per share for the current year.

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Several analysts recently issued reports on the company. Noble Financial reissued a “hold” rating on shares of The KEYW Holding Corporation in a research note on Friday. Maxim Group set a $13.00 target price on The KEYW Holding Corporation and gave the stock a “buy” rating in a research note on Thursday. BidaskClub cut The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Zacks Investment Research cut The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Finally, ValuEngine cut The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, June 6th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $12.33.

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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Institutional Ownership by Quarter for The KEYW Holding Corporation (NASDAQ:KEYW)

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