Benjamin F. Edwards & Company Inc. Has $255,000 Stock Position in Teradyne, Inc. (NASDAQ:TER)

Benjamin F. Edwards & Company Inc. raised its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 4.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,346 shares of the company’s stock after buying an additional 107 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in Teradyne were worth $255,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of TER. Mutual of America Capital Management LLC lifted its position 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 period. International Assets Investment Management LLC lifted its position in Teradyne by 8,125.5% in the fourth quarter. International Assets Investment Management LLC now owns 133,088 shares of the company’s stock worth $14,443,000 after purchasing an additional 131,470 shares during the period. Raymond James & Associates boosted its stake in Teradyne by 3.8% during the fourth quarter. Raymond James & Associates now owns 448,581 shares of the company’s stock worth $48,680,000 after buying an additional 16,595 shares in the last quarter. Value Aligned Research Advisors LLC bought a new stake in Teradyne in the 4th quarter valued at $2,981,000. Finally, Louisiana State Employees Retirement System acquired a new position in shares of Teradyne in the 4th quarter valued at $998,000. Institutional investors and hedge funds own 99.77% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Susquehanna lifted their target price on shares of Teradyne from $125.00 to $130.00 and gave the company a “positive” rating in a research report on Friday, April 26th. Evercore ISI assumed 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. Cantor Fitzgerald restated a “neutral” rating and set a $110.00 target price on shares of Teradyne in a research report on Thursday, April 25th. The Goldman Sachs Group upped their price target on Teradyne from $107.00 to $118.00 and gave the company a “neutral” rating in a research report on Friday, April 26th. Finally, JPMorgan Chase & Co. lifted their price objective on Teradyne from $100.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, April 11th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $117.83.

Insider Buying and Selling

In other Teradyne news, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $121.20, for a total transaction of $75,750.00. Following the transaction, the director now directly owns 17,142 shares in the company, valued at approximately $2,077,610.40. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, Director Mercedes Johnson sold 625 shares of the stock in a transaction on Monday, May 6th. The stock was sold at an average price of $121.20, for a total value of $75,750.00. Following the transaction, the director now owns 17,142 shares of the company’s stock, valued at approximately $2,077,610.40. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Sanjay Mehta sold 3,750 shares of Teradyne stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $120.06, for a total value of $450,225.00. Following the sale, the chief financial officer now directly owns 41,902 shares of the company’s stock, valued at $5,030,754.12. The disclosure for this sale can be found here. Corporate insiders own 0.18% of the company’s stock.

Teradyne Trading Up 1.8 %

Shares of TER stock opened at $122.61 on Friday. Teradyne, Inc. has a 1 year low of $81.07 and a 1 year high of $123.65. The firm’s 50 day moving average is $108.46 and its 200-day moving average is $101.82. The firm has a market capitalization of $18.76 billion, a price-to-earnings ratio of 46.62 and a beta of 1.50.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 18.88% and a net margin of 16.15%. The business’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.55 EPS. On average, equities research analysts forecast that Teradyne, Inc. will post 2.99 earnings per share for the current fiscal year.

Teradyne Company 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.