Teradyne, Inc. (NASDAQ:TER) Shares Sold by Guggenheim Capital LLC

Guggenheim Capital LLC decreased its holdings in Teradyne, Inc. (NASDAQ:TER - Free Report) by 82.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,530 shares of the company's stock after selling 110,529 shares during the quarter. Guggenheim Capital LLC's holdings in Teradyne were worth $2,963,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Senvest Management LLC acquired a new position in shares of Teradyne in the fourth quarter valued at approximately $34,834,000. Canada Post Corp Registered Pension Plan purchased a new position in Teradyne in the 4th quarter valued at $417,000. Sagespring Wealth Partners LLC purchased a new position in Teradyne in the 4th quarter valued at $284,000. Qtron Investments LLC increased its stake in Teradyne by 47.0% in the 4th quarter. Qtron Investments LLC now owns 4,553 shares of the company's stock valued at $573,000 after buying an additional 1,455 shares during the period. Finally, Sterling Capital Management LLC raised its position in Teradyne by 5.0% during the 4th quarter. Sterling Capital Management LLC now owns 26,067 shares of the company's stock worth $3,282,000 after buying an additional 1,233 shares during the last quarter. Institutional investors and hedge funds own 99.77% of the company's stock.

Wall Street Analyst Weigh In

TER has been the topic of a number of recent analyst reports. Bank of America dropped their price target on shares of Teradyne from $100.00 to $85.00 and set an "underperform" rating on the stock in a research note on Wednesday, March 12th. Cantor Fitzgerald cut their target price 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 assumed coverage on Teradyne in a research note on Friday, March 7th. They issued a "buy" rating and a $135.00 price target on the stock. TD Cowen cut their price target on shares of Teradyne from $135.00 to $110.00 and set a "buy" rating for the company in a report on Wednesday, March 12th. Finally, Susquehanna lowered their target price on shares of Teradyne from $165.00 to $155.00 and set a "positive" rating on the stock in a research report on Wednesday, March 12th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $118.94.

Teradyne Stock Performance

TER stock traded up $1.93 during trading on Wednesday, hitting $73.22. The stock had a trading volume of 3,431,131 shares, compared to its average volume of 2,570,160. The stock has a market cap of $11.78 billion, a price-to-earnings ratio of 21.99, a price-to-earnings-growth ratio of 2.83 and a beta of 1.65. The company's 50 day moving average price is $90.55 and its two-hundred day moving average price is $110.03. Teradyne, Inc. has a 1-year low of $65.77 and a 1-year high of $163.21.

Teradyne (NASDAQ:TER - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The company reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. As a group, sell-side analysts forecast that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.66%. The ex-dividend date was Friday, February 14th. Teradyne's dividend payout ratio is currently 14.41%.

Insider Activity at Teradyne

In related news, VP Ryan Driscoll sold 437 shares of Teradyne stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $102.00, for a total value of $44,574.00. Following the transaction, the vice president now owns 4,312 shares in the company, valued at approximately $439,824. This trade represents a 9.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Sanjay Mehta sold 1,789 shares of Teradyne stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $120.51, for a total value of $215,592.39. Following the completion of the transaction, the chief financial officer now directly owns 33,308 shares in the company, valued at $4,013,947.08. This represents a 5.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 5,399 shares of company stock worth $612,734. 0.16% of the stock is currently owned by insiders.

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.