Renaissance Technologies LLC lowered its position in shares of The KEYW Holding Corporation (NASDAQ:KEYW) by 7.9% during the first quarter, Holdings Channel reports. The fund owned 298,326 shares of the software maker’s stock after selling 25,574 shares during the period. Renaissance Technologies LLC’s holdings in The KEYW Holding Corporation were worth $2,816,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its stake in The KEYW Holding Corporation by 78.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 299,412 shares of the software maker’s stock worth $3,531,000 after buying an additional 131,840 shares during the last quarter. State Street Corp raised its stake in The KEYW Holding Corporation by 6.8% in the fourth quarter. State Street Corp now owns 630,642 shares of the software maker’s stock worth $7,435,000 after buying an additional 40,013 shares during the last quarter. Bank of Montreal Can raised its stake in The KEYW Holding Corporation by 18.0% in the first quarter. Bank of Montreal Can now owns 295,470 shares of the software maker’s stock worth $2,789,000 after buying an additional 45,000 shares during the last quarter. M&T Bank Corp raised its stake in 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 last quarter. Finally, Teachers Advisors LLC raised its stake in The KEYW Holding Corporation by 11.9% in the fourth quarter. Teachers Advisors LLC now owns 81,774 shares of the software maker’s stock worth $964,000 after buying an additional 8,704 shares during the last quarter. 92.03% of the stock is owned by institutional investors and hedge funds.

Shares of The KEYW Holding Corporation (NASDAQ:KEYW) traded down 3.40% on Monday, reaching $7.95. 65,229 shares of the company’s stock traded hands. The KEYW Holding Corporation has a 52 week low of $7.26 and a 52 week high of $13.57. The firm’s market capitalization is $394.90 million. The company’s 50-day moving average is $8.97 and its 200-day moving average is $9.36.

The KEYW Holding Corporation (NASDAQ:KEYW) last announced its 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 KEYW Holding Corporation had a negative net margin of 6.39% and a negative return on equity of 1.61%. The business had revenue of $124.10 million for the quarter, compared to analyst estimates of $120.06 million. During the same quarter in the previous year, the firm posted ($0.01) earnings per share. The KEYW Holding Corporation’s revenue was up 69.3% compared to the same quarter last year. Equities research analysts anticipate that The KEYW Holding Corporation will post $0.02 earnings per share for the current fiscal year.

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A number of equities research analysts recently weighed in on KEYW shares. Maxim Group raised shares of The KEYW Holding Corporation from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a report on Thursday, May 4th. Zacks Investment Research raised shares of The KEYW Holding Corporation from a “sell” rating to a “hold” rating in a report on Friday. Noble Financial reaffirmed a “hold” rating on shares of The KEYW Holding Corporation in a report on Friday, May 5th. ValuEngine lowered shares of The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, June 6th. Finally, BidaskClub lowered shares of The KEYW Holding Corporation from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average 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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