Teradyne, Inc. (NASDAQ:TER) Shares Bought by Marshall Wace LLP

Marshall Wace LLP grew its holdings in Teradyne, Inc. (NASDAQ:TER - Free Report) by 557.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 276,238 shares of the company's stock after buying an additional 234,222 shares during the quarter. Marshall Wace LLP owned approximately 0.17% of Teradyne worth $34,784,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Compass Financial Services Inc bought a new stake in Teradyne during the 4th quarter valued at approximately $33,000. AllSquare Wealth Management LLC boosted its position in shares of Teradyne by 200.0% during the fourth quarter. AllSquare Wealth Management LLC now owns 300 shares of the company's stock valued at $38,000 after purchasing an additional 200 shares in the last quarter. Manchester Capital Management LLC grew its stake 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 position in Teradyne in the fourth quarter worth $45,000. Finally, Atala Financial Inc purchased a new position in Teradyne during the fourth quarter valued at $47,000. 99.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on TER. Bank of America cut their price target on Teradyne from $100.00 to $85.00 and set an "underperform" rating on the stock in a research note on Wednesday, March 12th. Vertical Research began coverage on shares of Teradyne in a research note on Friday, March 7th. They set a "buy" rating and a $135.00 price objective for the company. Stifel Nicolaus dropped their target price on shares of Teradyne from $125.00 to $110.00 and set a "hold" rating on the stock in a research note on Wednesday, March 12th. Robert W. Baird reduced their price target on shares of Teradyne from $140.00 to $110.00 and set an "outperform" rating for the company in a research report on Thursday, March 13th. Finally, Northland Capmk raised Teradyne from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $118.94.

Teradyne Trading Up 5.3 %

Shares of Teradyne stock traded up $3.87 during trading hours on Thursday, reaching $77.05. The stock had a trading volume of 1,065,621 shares, compared to its average volume of 3,339,869. The stock's 50 day moving average is $89.75 and its 200 day moving average is $109.78. Teradyne, Inc. has a twelve month low of $65.77 and a twelve month high of $163.21. The firm has a market capitalization of $12.39 billion, a PE ratio of 23.14, a PEG ratio of 2.83 and a beta of 1.65.

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

Teradyne Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders 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 0.62%. Teradyne's dividend payout ratio (DPR) is presently 14.41%.

Insider Activity at Teradyne

In related news, CFO Sanjay Mehta sold 1,789 shares of the company's stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total value of $215,592.39. Following the transaction, the chief financial officer now directly owns 33,308 shares in the company, valued at approximately $4,013,947.08. This represents a 5.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Richard John Burns sold 407 shares of the firm's stock in a transaction on Tuesday, January 28th. The stock was 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 of the company's stock, valued at approximately $2,502,269.64. This trade represents a 1.92 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 5,399 shares of company stock valued at $612,734. 0.16% of the stock is currently owned by insiders.

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.