4,103 Shares in Teradyne, Inc. (NASDAQ:TER) Acquired by Secure Asset Management LLC

Secure Asset Management LLC acquired a new stake in Teradyne, Inc. (NASDAQ:TER - Free Report) during the third quarter, according to its most recent filing with the SEC. The firm acquired 4,103 shares of the company's stock, valued at approximately $549,000.

A number of other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Teradyne by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 18,421,186 shares of the company's stock worth $2,078,462,000 after purchasing an additional 135,286 shares during the last quarter. Van ECK Associates Corp lifted its holdings in Teradyne by 10.4% during the first quarter. Van ECK Associates Corp now owns 4,815,017 shares of the company's stock worth $543,278,000 after acquiring an additional 453,926 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in Teradyne by 1.3% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,603,123 shares of the company's stock worth $682,597,000 after acquiring an additional 57,989 shares in the last quarter. Nordea Investment Management AB lifted its holdings in Teradyne by 14.6% during the first quarter. Nordea Investment Management AB now owns 3,028,930 shares of the company's stock worth $342,178,000 after acquiring an additional 385,115 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in Teradyne by 3.3% during the first quarter. Allspring Global Investments Holdings LLC now owns 2,182,136 shares of the company's stock worth $246,210,000 after acquiring an additional 68,924 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Teradyne

In other Teradyne news, CFO Sanjay Mehta sold 6,153 shares of the company's stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total value of $818,718.18. Following the sale, the chief financial officer now owns 35,834 shares in the company, valued at $4,768,072.04. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, CFO Sanjay Mehta sold 6,153 shares of the company's stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total value of $818,718.18. Following the transaction, the chief financial officer now owns 35,834 shares of the company's stock, valued at approximately $4,768,072.04. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mercedes Johnson sold 625 shares of the company's stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $128.77, for a total value of $80,481.25. Following the completion of the transaction, the director now directly owns 17,143 shares in the company, valued at $2,207,504.11. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,977 shares of company stock worth $1,979,834 over the last 90 days. Company insiders own 0.36% of the company's stock.

Teradyne Stock Performance

TER traded down $1.17 on Friday, hitting $126.04. 1,729,392 shares of the company were exchanged, compared to its average volume of 1,982,049. Teradyne, Inc. has a 12 month low of $81.07 and a 12 month high of $163.21. The company has a market cap of $19.68 billion, a PE ratio of 47.92, a PEG ratio of 2.74 and a beta of 1.49. The stock's fifty day moving average is $130.24 and its 200-day moving average is $131.33.

Teradyne (NASDAQ:TER - Get Free Report) last released its earnings results on Wednesday, July 24th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.09. Teradyne had a return on equity of 18.77% and a net margin of 18.33%. The business had revenue of $729.88 million for the quarter, compared to analyst estimates of $701.20 million. During the same quarter in the prior year, the company posted $0.79 earnings per share. Teradyne's revenue was up 6.6% on a year-over-year basis. As a group, equities research analysts expect that Teradyne, Inc. will post 3.02 EPS for the current fiscal year.

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 5th were paid a $0.12 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.48 annualized dividend and a yield of 0.38%. Teradyne's dividend payout ratio is 18.25%.

Wall Street Analyst Weigh In

TER has been the topic of several recent analyst reports. Susquehanna lifted their target price on Teradyne from $130.00 to $145.00 and gave the stock a "positive" rating in a report on Friday, July 26th. Citigroup reduced their target price on Teradyne from $185.00 to $162.00 and set a "buy" rating on the stock in a report on Friday, July 26th. KeyCorp lifted their target price on Teradyne from $160.00 to $180.00 and gave the stock an "overweight" rating in a report on Friday, July 12th. Northland Securities dropped their price target on Teradyne from $136.00 to $126.00 and set a "market perform" rating on the stock in a research note on Friday, July 26th. Finally, Stifel Nicolaus upped their price objective on Teradyne from $100.00 to $150.00 and gave the stock a "hold" rating in a research report on Tuesday, July 16th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $142.57.

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.