Fjarde AP Fonden Fourth Swedish National Pension Fund Sells 4,300 Shares of Teradyne, Inc. $TER

Fjarde AP Fonden Fourth Swedish National Pension Fund trimmed its position in Teradyne, Inc. (NASDAQ:TER) by 9.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,350 shares of the company’s stock after selling 4,300 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Teradyne were worth $5,416,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CYBER HORNET ETFs LLC purchased a new stake in shares of Teradyne in the 2nd quarter worth about $35,000. Hemington Wealth Management boosted its position in shares of Teradyne by 43.2% in the 3rd quarter. Hemington Wealth Management now owns 262 shares of the company’s stock worth $36,000 after purchasing an additional 79 shares in the last quarter. Steph & Co. purchased a new stake in shares of Teradyne in the 2nd quarter worth approximately $43,000. MUFG Securities EMEA plc bought a new position in Teradyne during the 2nd quarter valued at approximately $43,000. Finally, Bayforest Capital Ltd raised its stake in Teradyne by 195.5% during the second quarter. Bayforest Capital Ltd now owns 523 shares of the company’s stock valued at $47,000 after buying an additional 346 shares during the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne Stock Performance

Shares of NASDAQ:TER opened at $228.15 on Friday. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $238.92. The business has a 50-day simple moving average of $194.38 and a two-hundred day simple moving average of $147.65. The firm has a market cap of $35.73 billion, a price-to-earnings ratio of 82.96, a price-to-earnings-growth ratio of 1.65 and a beta of 1.84.

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

Teradyne Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Monday, November 24th were paid a dividend of $0.12 per share. The ex-dividend date was Monday, November 24th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Teradyne’s payout ratio is currently 17.45%.

Analysts Set New Price Targets

TER has been the topic of a number of recent research reports. Industrial Alliance Securities set a $175.00 target price on Teradyne in a research note on Tuesday, October 28th. UBS Group upped their price target on shares of Teradyne from $165.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. JPMorgan Chase & Co. increased their price objective on shares of Teradyne from $122.00 to $190.00 and gave the company a “neutral” rating in a research report on Thursday, October 30th. Evercore ISI lifted their target price on shares of Teradyne from $120.00 to $175.00 and gave the stock an “outperform” rating in a report on Tuesday, October 28th. Finally, Northland Securities set a $186.00 target price on shares of Teradyne in a research note on Thursday, October 30th. Twelve equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Teradyne presently has a consensus rating of “Moderate Buy” and an average price target of $200.44.

Insider Buying and Selling at Teradyne

In other news, CEO Gregory Stephen Smith sold 1,108 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $201.31, for a total transaction of $223,051.48. Following the transaction, the chief executive officer directly owned 93,409 shares of the company’s stock, valued at $18,804,165.79. This represents a 1.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.16% of the stock is owned by insiders.

Teradyne Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.