Bell Global Equities Fund sold its entire position in Keysight Technologies during May 2026, citing an extended valuation following a period of exceptional share price strength. The fund said it took profits before the company's second-quarter results, noting that even a strong earnings report led to a muted share price reaction, indicating high positive sentiment already priced in. Keysight remains a critical provider of electronic design and testing solutions for AI infrastructure, but the fund believes it can redeploy the capital into names with better risk-adjusted upside potential and will monitor for a more attractive re-entry point. Keysight shares closed at $317.24 on July 8, 2026, with a one-month return of negative 4% and a 52-week gain of 98.03%, giving it a market capitalization of $54.21 billion.
Keysight Technologies IncFund sold entire position citing extended valuation and limited upside potential after share price surge.