Teradyne, Inc. (NASDAQ:TER) Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC lowered its holdings in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 18.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 41,756 shares of the company's stock after selling 9,390 shares during the quarter. Corient Private Wealth LLC's holdings in Teradyne were worth $5,258,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of TER. Mutual of America Capital Management LLC increased its stake in shares of Teradyne by 2.1% during the third quarter. Mutual of America Capital Management LLC now owns 20,089 shares of the company's stock worth $2,691,000 after purchasing an additional 404 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in Teradyne by 1.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 6,403 shares of the company's stock worth $858,000 after buying an additional 104 shares during the last quarter. Pathstone Holdings LLC increased its stake in Teradyne by 3.9% during the 3rd quarter. Pathstone Holdings LLC now owns 19,878 shares of the company's stock worth $2,662,000 after buying an additional 743 shares in the last quarter. Caprock Group LLC raised its holdings in shares of Teradyne by 8.5% during the third quarter. Caprock Group LLC now owns 5,550 shares of the company's stock valued at $743,000 after acquiring an additional 435 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Teradyne in the third quarter valued at approximately $1,170,000. 99.77% of the stock is owned by institutional investors and hedge funds.

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Insider Activity

In other Teradyne news, CFO Sanjay Mehta sold 614 shares of the business's stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $102.00, for a total transaction of $62,628.00. Following the transaction, the chief financial officer now owns 30,446 shares in the company, valued at approximately $3,105,492. The trade was a 1.98 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Richard John Burns sold 445 shares of Teradyne stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $111.49, for a total value of $49,613.05. Following the completion of the sale, the insider now owns 25,191 shares in the company, valued at approximately $2,808,544.59. This trade represents a 1.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,479 shares of company stock valued at $1,013,134 in the last ninety days. 0.18% of the stock is currently owned by company insiders.

Teradyne Stock Down 2.2 %

TER stock traded down $1.94 during mid-day trading on Wednesday, hitting $88.01. 2,200,261 shares of the company were exchanged, compared to its average volume of 2,298,952. Teradyne, Inc. has a 12-month low of $82.98 and a 12-month high of $163.21. The firm has a market capitalization of $14.23 billion, a P/E ratio of 26.43, a PEG ratio of 2.83 and a beta of 1.46. The business has a fifty day simple moving average of $110.99 and a 200-day simple moving average of $118.21.

Teradyne (NASDAQ:TER - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. Research analysts predict that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were given a $0.12 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.55%. Teradyne's dividend payout ratio (DPR) is presently 14.41%.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Cantor Fitzgerald reduced their price objective on Teradyne from $150.00 to $110.00 and set an "overweight" rating for the company in a research note on Wednesday, March 12th. Vertical Research started coverage on shares of Teradyne in a research report on Friday, March 7th. They issued a "buy" rating and a $135.00 target price for the company. UBS Group set a $130.00 price target on shares of Teradyne and gave the stock a "buy" rating in a research note on Wednesday, March 12th. KeyCorp dropped their price objective on shares of Teradyne from $150.00 to $140.00 and set an "overweight" rating for the company in a research note on Wednesday, March 12th. Finally, Northland Capmk upgraded Teradyne from a "hold" rating to a "strong-buy" rating in a report on Monday, January 6th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $121.44.

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.