Teradyne, Inc. $TER Shares Sold by Andra AP fonden

Andra AP fonden decreased its position in Teradyne, Inc. (NASDAQ:TER) by 9.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 390,624 shares of the company’s stock after selling 42,900 shares during the period. Teradyne comprises 0.7% of Andra AP fonden’s portfolio, making the stock its 23rd largest holding. Andra AP fonden owned 0.25% of Teradyne worth $53,765,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new stake in shares of Teradyne in the 3rd quarter valued at approximately $31,000. CYBER HORNET ETFs LLC purchased a new stake in Teradyne in the 2nd quarter valued at approximately $35,000. Hemington Wealth Management increased its position in Teradyne by 43.2% during 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. MUFG Securities EMEA plc acquired a new position in shares of Teradyne in the second quarter valued at approximately $43,000. Finally, Orion Capital Management LLC acquired a new stake in shares of Teradyne during the third quarter worth $47,000. 99.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

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

Teradyne Stock Performance

NASDAQ TER opened at $332.70 on Friday. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $344.92. The stock has a market capitalization of $52.09 billion, a P/E ratio of 95.60, a P/E/G ratio of 2.13 and a beta of 1.83. The business’s fifty day moving average is $252.19 and its two-hundred day moving average is $184.66.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $1.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.44. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $970.44 million. During the same quarter in the previous year, the company earned $0.95 EPS. The business’s revenue for the quarter was up 43.9% compared to the same quarter last year. On average, research analysts forecast that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 13th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.48 dividend on an annualized basis and a yield of 0.1%. Teradyne’s dividend payout ratio (DPR) is presently 14.94%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on TER. Morgan Stanley set a $306.00 price target on shares of Teradyne in a research note on Wednesday, February 11th. Zacks Research raised shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 4th. The Goldman Sachs Group upped their price target on shares of Teradyne from $230.00 to $300.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. Robert W. Baird set a $305.00 price target on Teradyne in a research report on Wednesday, February 4th. Finally, Royal Bank Of Canada set a $270.00 target price on Teradyne in a report on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Teradyne presently has an average rating of “Moderate Buy” and an average target price of $256.24.

About Teradyne

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.