Teradyne, Inc. (NASDAQ:TER) Shares Sold by Cerity Partners LLC

Cerity Partners LLC reduced its stake in Teradyne, Inc. (NASDAQ:TER) by 75.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 4,136 shares of the company’s stock after selling 12,999 shares during the quarter. Cerity Partners LLC’s holdings in Teradyne were worth $449,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Mutual of America Capital Management LLC lifted its holdings in shares of Teradyne by 6.6% in the 4th quarter. Mutual of America Capital Management LLC now owns 41,973 shares of the company’s stock worth $4,555,000 after acquiring an additional 2,590 shares during the last quarter. Custom Index Systems LLC acquired a new stake in Teradyne during the 4th quarter worth approximately $420,000. Sequoia Financial Advisors LLC lifted its holdings in Teradyne by 175.5% during the 4th quarter. Sequoia Financial Advisors LLC now owns 5,902 shares of the company’s stock worth $641,000 after buying an additional 3,760 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Teradyne by 1.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,113,212 shares of the company’s stock worth $229,326,000 after buying an additional 39,934 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in Teradyne by 8,125.5% during the 4th quarter. International Assets Investment Management LLC now owns 133,088 shares of the company’s stock worth $14,443,000 after buying an additional 131,470 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Teradyne news, Director Ernest E. Maddock purchased 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The stock was purchased at an average price of $94.07 per share, for a total transaction of $94,070.00. Following the purchase, the director now directly owns 4,728 shares in the company, valued at $444,762.96. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, Director Ernest E. Maddock bought 1,000 shares of Teradyne stock in a transaction dated Thursday, February 1st. The stock was bought at an average price of $94.07 per share, for a total transaction of $94,070.00. Following the purchase, the director now owns 4,728 shares of the company’s stock, valued at $444,762.96. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Richard John Burns sold 1,744 shares of the firm’s stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $104.89, for a total transaction of $182,928.16. Following the completion of the sale, the insider now owns 16,734 shares of the company’s stock, valued at approximately $1,755,229.26. The disclosure for this sale can be found here. 0.36% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on TER shares. Evercore ISI started coverage on shares of Teradyne in a report on Tuesday, April 16th. They set an “outperform” rating and a $130.00 target price on the stock. Cantor Fitzgerald reiterated a “neutral” rating and set a $110.00 target price on shares of Teradyne in a report on Thursday. Finally, JPMorgan Chase & Co. increased their target price on shares of Teradyne from $100.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, April 11th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Teradyne presently has a consensus rating of “Hold” and a consensus target price of $113.73.

Teradyne Trading Up 8.2 %

Shares of NASDAQ:TER opened at $108.91 on Friday. Teradyne, Inc. has a 52 week low of $81.07 and a 52 week high of $119.20. The company’s 50 day moving average is $105.38 and its two-hundred day moving average is $100.43. The company has a market cap of $16.66 billion, a PE ratio of 39.89 and a beta of 1.56.

Teradyne (NASDAQ:TER) last posted its earnings results on Wednesday, April 24th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.18. The firm had revenue of $599.82 million for the quarter, compared to the consensus estimate of $566.31 million. Teradyne had a net margin of 16.77% and a return on equity of 19.45%. The company’s revenue was down 2.9% on a year-over-year basis. During the same period last year, the firm posted $0.55 EPS. As a group, equities research analysts expect that Teradyne, Inc. will post 2.82 EPS for the current year.

About Teradyne

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.