IQ EQ FUND MANAGEMENT IRELAND Ltd Purchases 10,283 Shares of Teradyne, Inc. (NASDAQ:TER)

IQ EQ FUND MANAGEMENT IRELAND Ltd boosted its position in Teradyne, Inc. (NASDAQ:TER - Free Report) by 57.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,278 shares of the company's stock after purchasing an additional 10,283 shares during the quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd's holdings in Teradyne were worth $3,561,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. NEOS Investment Management LLC lifted its holdings in shares of Teradyne by 46.8% during the fourth quarter. NEOS Investment Management LLC now owns 11,610 shares of the company's stock valued at $1,462,000 after purchasing an additional 3,703 shares during the last quarter. UniSuper Management Pty Ltd increased its position in Teradyne by 16.7% during the 4th quarter. UniSuper Management Pty Ltd now owns 40,406 shares of the company's stock valued at $5,088,000 after buying an additional 5,795 shares in the last quarter. Elo Mutual Pension Insurance Co raised its stake in Teradyne by 19.1% during the fourth quarter. Elo Mutual Pension Insurance Co now owns 16,511 shares of the company's stock valued at $2,079,000 after buying an additional 2,644 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Teradyne by 12.9% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 251,596 shares of the company's stock worth $32,858,000 after acquiring an additional 28,650 shares in the last quarter. Finally, Parametrica Management Ltd grew its stake in shares of Teradyne by 59.6% in the fourth quarter. Parametrica Management Ltd now owns 2,640 shares of the company's stock worth $332,000 after acquiring an additional 986 shares during the last quarter. Hedge funds and other institutional investors own 99.77% of the company's stock.

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Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Susquehanna lowered their price target on Teradyne from $165.00 to $155.00 and set a "positive" rating for the company in a research report on Wednesday, March 12th. Morgan Stanley cut their price target on shares of Teradyne from $112.00 to $81.00 and set an "underweight" rating on the stock in a report on Friday, March 14th. Stifel Nicolaus reduced their price target on shares of Teradyne from $125.00 to $110.00 and set a "hold" rating for the company in a research report on Wednesday, March 12th. Northland Securities lowered their price objective on Teradyne from $154.00 to $140.00 and set an "outperform" rating on the stock in a research report on Friday, January 31st. Finally, JPMorgan Chase & Co. decreased their price target on Teradyne from $145.00 to $120.00 and set an "overweight" rating for the company in a research note on Wednesday, March 12th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $121.44.

Insiders Place Their Bets

In related news, CFO Sanjay Mehta sold 1,384 shares of the stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $111.49, for a total value of $154,302.16. Following the completion of the transaction, the chief financial officer now owns 36,576 shares of the company's stock, valued at approximately $4,077,858.24. This trade represents a 3.65 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gregory Stephen Smith sold 3,080 shares of the business's stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total value of $400,400.00. Following the sale, the chief executive officer now directly owns 74,660 shares in the company, valued at $9,705,800. The trade was a 3.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,479 shares of company stock valued at $1,013,134 in the last quarter. 0.36% of the stock is currently owned by insiders.

Teradyne Stock Performance

Shares of NASDAQ TER traded down $1.55 during midday trading on Monday, reaching $81.23. The stock had a trading volume of 871,107 shares, compared to its average volume of 2,386,912. The stock has a 50-day moving average of $107.90 and a 200-day moving average of $117.33. The company has a market capitalization of $13.14 billion, a price-to-earnings ratio of 24.42, a price-to-earnings-growth ratio of 2.83 and a beta of 1.46. Teradyne, Inc. has a 12-month low of $79.62 and a 12-month high of $163.21.

Teradyne (NASDAQ:TER - Get Free Report) last released its earnings results on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, topping 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%. As a group, analysts forecast that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 14th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.59%. The ex-dividend date of this dividend was Friday, February 14th. Teradyne's dividend payout ratio is presently 14.41%.

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.