CW Advisors LLC Sells 3,738 Shares of Teradyne, Inc. $TER

CW Advisors LLC decreased its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 37.8% during the second quarter, according to its most recent filing with the SEC. The firm owned 6,152 shares of the company’s stock after selling 3,738 shares during the period. CW Advisors LLC’s holdings in Teradyne were worth $553,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Charles Schwab Investment Management Inc. raised its stake in Teradyne by 1.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,014,741 shares of the company’s stock worth $83,818,000 after buying an additional 12,664 shares in the last quarter. Chicago Partners Investment Group LLC increased its holdings in shares of Teradyne by 99.5% in the 1st quarter. Chicago Partners Investment Group LLC now owns 3,657 shares of the company’s stock valued at $275,000 after acquiring an additional 1,824 shares during the period. Deutsche Bank AG raised its position in shares of Teradyne by 36.3% in the 1st quarter. Deutsche Bank AG now owns 659,317 shares of the company’s stock worth $54,460,000 after acquiring an additional 175,534 shares in the last quarter. National Bank of Canada FI lifted its stake in shares of Teradyne by 45.2% during the 1st quarter. National Bank of Canada FI now owns 149,418 shares of the company’s stock worth $12,343,000 after purchasing an additional 46,526 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in Teradyne by 35.8% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 50,004 shares of the company’s stock valued at $4,130,000 after purchasing an additional 13,188 shares in the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Insider Transactions at Teradyne

In other news, CEO Gregory Stephen Smith sold 1,108 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $180.20, for a total value of $199,661.60. Following the sale, the chief executive officer directly owned 94,517 shares of the company’s stock, valued at $17,031,963.40. This represents a 1.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders have sold 3,324 shares of company stock worth $494,318. Company insiders own 0.16% of the company’s stock.

Teradyne Price Performance

NASDAQ TER opened at $199.97 on Wednesday. The company has a market cap of $31.32 billion, a price-to-earnings ratio of 72.72, a PEG ratio of 2.12 and a beta of 1.85. The stock’s fifty day moving average price is $164.40 and its 200 day moving average price is $124.18. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $205.00.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.07. Teradyne had a return on equity of 18.04% and a net margin of 15.49%.The business had revenue of $769.21 million for the quarter, compared to the consensus estimate of $744.20 million. During the same quarter in the previous year, the business earned $0.90 EPS. The company’s quarterly revenue was up 4.3% compared to the same quarter last year. Research analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Monday, November 24th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, November 24th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Teradyne’s dividend payout ratio (DPR) is currently 17.45%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Stifel Nicolaus set a $225.00 target price on shares of Teradyne and gave the stock a “buy” rating in a report on Tuesday, December 2nd. JPMorgan Chase & Co. boosted their price objective on shares of Teradyne from $122.00 to $190.00 and gave the stock a “neutral” rating in a research note on Thursday, October 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Teradyne in a research report on Wednesday, October 8th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $180.00 price target on shares of Teradyne in a report on Wednesday, October 29th. Finally, Susquehanna reaffirmed a “positive” rating and set a $215.00 price target on shares of Teradyne in a research report on Thursday, October 30th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $176.88.

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.