Headlands Technologies LLC Purchases Shares of 7,367 Teradyne, Inc. (NASDAQ:TER)

Headlands Technologies LLC bought a new stake in Teradyne, Inc. (NASDAQ:TER - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,367 shares of the company's stock, valued at approximately $928,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Compass Financial Services Inc bought a new position in Teradyne in the 4th quarter valued at $33,000. AllSquare Wealth Management LLC boosted its holdings in Teradyne by 200.0% in the fourth quarter. AllSquare Wealth Management LLC now owns 300 shares of the company's stock valued at $38,000 after acquiring an additional 200 shares during the last quarter. Manchester Capital Management LLC increased its position in Teradyne by 264.0% in the fourth quarter. Manchester Capital Management LLC now owns 313 shares of the company's stock worth $39,000 after purchasing an additional 227 shares during the period. Murphy & Mullick Capital Management Corp bought a new stake in Teradyne during the 4th quarter worth about $45,000. Finally, Atala Financial Inc acquired a new position in Teradyne during the 4th quarter valued at about $47,000. Institutional investors own 99.77% of the company's stock.

Insider Activity at Teradyne

In other Teradyne news, insider Richard John Burns sold 407 shares of Teradyne stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $120.51, for a total value of $49,047.57. Following the sale, the insider now directly owns 20,764 shares in the company, valued at approximately $2,502,269.64. The trade was a 1.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Sanjay Mehta sold 1,384 shares of the stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $111.49, for a total transaction of $154,302.16. Following the transaction, the chief financial officer now owns 36,576 shares of the company's stock, valued at approximately $4,077,858.24. This represents a 3.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 5,399 shares of company stock valued at $612,734. 0.36% of the stock is owned by insiders.

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Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on TER shares. TD Cowen lowered their price target on shares of Teradyne from $135.00 to $110.00 and set a "buy" rating for the company in a research report on Wednesday, March 12th. Stifel Nicolaus lowered their target price on shares of Teradyne from $125.00 to $110.00 and set a "hold" rating for the company in a report on Wednesday, March 12th. Northland Securities cut their price target on Teradyne from $154.00 to $140.00 and set an "outperform" rating on the stock in a research note on Friday, January 31st. Bank of America reduced their price target on Teradyne from $100.00 to $85.00 and set an "underperform" rating on the stock in a research report on Wednesday, March 12th. Finally, JPMorgan Chase & Co. dropped their price objective on Teradyne from $145.00 to $120.00 and set an "overweight" rating for the company in a report on Wednesday, March 12th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $121.44.

Teradyne Stock Performance

TER stock traded up $2.54 during mid-day trading on Monday, hitting $71.26. 2,381,111 shares of the company were exchanged, compared to its average volume of 2,439,690. The firm has a market cap of $11.46 billion, a P/E ratio of 21.18, a P/E/G ratio of 2.83 and a beta of 1.65. Teradyne, Inc. has a 1-year low of $64.02 and a 1-year high of $163.21. The firm's 50 day simple moving average is $102.41 and its 200 day simple moving average is $115.55.

Teradyne (NASDAQ:TER - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, topping 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%. On average, equities research analysts predict that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.67%. Teradyne's payout ratio is presently 14.41%.

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.