Vanguard Group Inc. Sells 182,314 Shares of Teradyne, Inc. (NASDAQ:TER)

Vanguard Group Inc. lowered its holdings in shares of Teradyne, Inc. (NASDAQ:TERGet Rating) by 1.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,896,515 shares of the company’s stock after selling 182,314 shares during the period. Vanguard Group Inc. owned approximately 11.49% of Teradyne worth $1,344,923,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Pictet Asset Management SA raised its holdings in Teradyne by 0.5% in the third quarter. Pictet Asset Management SA now owns 3,089,146 shares of the company’s stock worth $232,150,000 after buying an additional 14,720 shares during the last quarter. Van ECK Associates Corp raised its holdings in Teradyne by 8.8% in the third quarter. Van ECK Associates Corp now owns 2,898,501 shares of the company’s stock worth $217,823,000 after buying an additional 233,487 shares during the last quarter. Nordea Investment Management AB raised its holdings in Teradyne by 25.9% in the third quarter. Nordea Investment Management AB now owns 2,795,487 shares of the company’s stock worth $211,366,000 after buying an additional 575,165 shares during the last quarter. Macquarie Group Ltd. raised its holdings in Teradyne by 0.5% in the third quarter. Macquarie Group Ltd. now owns 2,019,113 shares of the company’s stock worth $151,736,000 after buying an additional 10,789 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Teradyne by 11.9% in the first quarter. Invesco Ltd. now owns 1,965,517 shares of the company’s stock worth $232,383,000 after buying an additional 208,790 shares during the last quarter. Institutional investors own 97.05% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. TheStreet raised shares of Teradyne from a “c+” rating to a “b-” rating in a report on Tuesday, January 24th. Evercore ISI set a $110.00 price objective on shares of Teradyne in a report on Wednesday, November 23rd. Citigroup boosted their price objective on shares of Teradyne from $112.00 to $125.00 and gave the company a “buy” rating in a report on Sunday, February 5th. Loop Capital cut shares of Teradyne from a “buy” rating to a “hold” rating and decreased their price objective for the company from $110.00 to $102.00 in a report on Friday, January 27th. Finally, Jefferies Financial Group started coverage on shares of Teradyne in a report on Thursday, January 12th. They set a “buy” rating for the company. Ten research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $87.52.

Teradyne Price Performance

TER opened at $101.29 on Monday. The firm has a market cap of $15.81 billion, a P/E ratio of 24.00, a PEG ratio of 4.54 and a beta of 1.55. Teradyne, Inc. has a 1-year low of $67.81 and a 1-year high of $127.29. The company has a 50 day simple moving average of $100.92 and a two-hundred day simple moving average of $89.89.

Teradyne (NASDAQ:TERGet Rating) last posted its quarterly earnings results on Wednesday, January 25th. The company reported $0.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.17. The business had revenue of $731.84 million during the quarter, compared to analyst estimates of $711.84 million. Teradyne had a net margin of 22.68% and a return on equity of 30.09%. The company’s revenue was down 17.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.37 earnings per share. Equities analysts anticipate that Teradyne, Inc. will post 2.97 earnings per share for the current year.

Teradyne Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 17th. Investors of record on Friday, February 17th will be given a dividend of $0.11 per share. The ex-dividend date is Thursday, February 16th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.43%. Teradyne’s dividend payout ratio is 10.43%.

Insider Buying and Selling

In related news, CEO Mark E. Jagiela sold 67,631 shares of the company’s stock in a transaction on Monday, December 19th. The shares were sold at an average price of $87.60, for a total transaction of $5,924,475.60. Following the completion of the transaction, the chief executive officer now owns 167,104 shares in the company, valued at $14,638,310.40. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CEO Mark E. Jagiela sold 67,631 shares of the company’s stock in a transaction on Monday, December 19th. The shares were sold at an average price of $87.60, for a total transaction of $5,924,475.60. Following the completion of the transaction, the chief executive officer now owns 167,104 shares in the company, valued at $14,638,310.40. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Charles Jeffrey Gray sold 11,070 shares of the company’s stock in a transaction on Wednesday, January 25th. The stock was sold at an average price of $100.54, for a total transaction of $1,112,977.80. Following the transaction, the vice president now owns 22,706 shares of the company’s stock, valued at approximately $2,282,861.24. The disclosure for this sale can be found here. Over the last quarter, insiders sold 82,847 shares of company stock worth $7,452,053. 0.36% of the stock is owned by insiders.

Teradyne Profile

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Teradyne, Inc engages in the development and sale of automatic test systems. It operates through the following business segments: Semiconductor Test, System Test, Robotics, Wireless Test, and Corporate. The Semiconductor Test segment designs, manufactures, and markets semiconductor test products and services.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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