Keynote Systems investor Ramius sells shares, keeps 4.9% ownership interest

By Lisa Kerner

Charlotte, N.C., Jan. 16 - Keynote Systems, Inc. investors led by Ramius Value and Opportunity Master Fund Ltd. sold 137,518 shares of the company's stock between Nov. 17 and Jan. 14.

The shares were priced from $6.855 to $7.7042 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.

Between Sept. 10 and Nov. 6, Ramius bought 457,235 shares of Keynote, a prior SEC filing said.

Ramius and its affiliates beneficially own 701,028 shares, or 4.9%, of the San Mateo, Calif.-based company's outstanding stock.

Keynote develops technology solutions to measure, test, assure and enhance the quality of service of the internet and mobile communications.

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