International Assets Investment Management LLC Has $14.44 Million Stake in Teradyne, Inc. (NASDAQ:TER)

International Assets Investment Management LLC raised its stake in Teradyne, Inc. (NASDAQ:TER) by 8,125.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 133,088 shares of the company’s stock after acquiring an additional 131,470 shares during the period. International Assets Investment Management LLC’s holdings in Teradyne were worth $14,443,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of TER. Marshall Financial Group LLC grew its holdings in shares of Teradyne by 1.2% in the 4th quarter. Marshall Financial Group LLC now owns 8,251 shares of the company’s stock worth $895,000 after purchasing an additional 96 shares during the last quarter. Massmutual Trust Co. FSB ADV raised its stake in shares of Teradyne by 24.0% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 517 shares of the company’s stock valued at $56,000 after acquiring an additional 100 shares during the last quarter. Lido Advisors LLC boosted its holdings in shares of Teradyne by 0.6% in the 3rd quarter. Lido Advisors LLC now owns 20,369 shares of the company’s stock worth $2,046,000 after acquiring an additional 125 shares in the last quarter. Guinness Asset Management LTD grew its position in Teradyne by 2.5% during the 3rd quarter. Guinness Asset Management LTD now owns 5,233 shares of the company’s stock worth $525,000 after acquiring an additional 130 shares during the last quarter. Finally, Strategic Advisors LLC increased its holdings in Teradyne by 6.3% during the 4th quarter. Strategic Advisors LLC now owns 2,363 shares of the company’s stock valued at $256,000 after purchasing an additional 140 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Teradyne Stock Performance

Shares of NASDAQ:TER opened at $120.44 on Friday. The company has a 50 day moving average price of $107.25 and a two-hundred day moving average price of $101.19. The company has a market capitalization of $18.42 billion, a PE ratio of 45.79 and a beta of 1.50. Teradyne, Inc. has a 52 week low of $81.07 and a 52 week high of $121.86.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.33 by $0.18. Teradyne had a return on equity of 18.88% and a net margin of 16.15%. The business had revenue of $599.82 million for the quarter, compared to the consensus estimate of $566.31 million. During the same quarter last year, the business posted $0.55 EPS. The firm’s revenue was down 2.9% compared to the same quarter last year. On average, sell-side analysts forecast that Teradyne, Inc. will post 2.99 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on TER. Evercore ISI initiated coverage on Teradyne in a research note on Tuesday, April 16th. They issued an “outperform” rating and a $130.00 price objective on the stock. Robert W. Baird increased their price objective on shares of Teradyne from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. JPMorgan Chase & Co. raised their price objective on shares of Teradyne from $100.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, April 11th. Susquehanna upped their target price on shares of Teradyne from $125.00 to $130.00 and gave the stock a “positive” rating in a research report on Friday, April 26th. Finally, The Goldman Sachs Group raised their price target on shares of Teradyne from $107.00 to $118.00 and gave the company a “neutral” rating in a report on Friday, April 26th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $117.83.

Teradyne Profile

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.