Integrated Advisors Network LLC acquired a new stake in Teradyne, Inc. (NASDAQ:TER - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,301 shares of the company's stock, valued at approximately $710,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. abrdn plc lifted its stake in Teradyne by 0.6% in the third quarter. abrdn plc now owns 60,483 shares of the company's stock worth $8,009,000 after purchasing an additional 333 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of Teradyne by 13.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 20,950 shares of the company's stock worth $2,806,000 after acquiring an additional 2,480 shares during the last quarter. Inscription Capital LLC bought a new position in Teradyne in the 3rd quarter valued at $209,000. Custom Index Systems LLC purchased a new stake in Teradyne in the third quarter worth $413,000. Finally, DekaBank Deutsche Girozentrale increased its stake in Teradyne by 4.0% in the third quarter. DekaBank Deutsche Girozentrale now owns 650,784 shares of the company's stock worth $88,449,000 after purchasing an additional 24,744 shares during the period. Hedge funds and other institutional investors own 99.77% of the company's stock.
Insiders Place Their Bets
In other Teradyne news, Director Mercedes Johnson sold 625 shares of the company's stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $133.49, for a total value of $83,431.25. Following the completion of the sale, the director now directly owns 16,518 shares in the company, valued at $2,204,987.82. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Teradyne news, Director Mercedes Johnson sold 625 shares of the business's stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $133.49, for a total value of $83,431.25. Following the transaction, the director now directly owns 16,518 shares in the company, valued at $2,204,987.82. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Richard John Burns sold 789 shares of the stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $132.80, for a total transaction of $104,779.20. Following the completion of the sale, the insider now directly owns 21,864 shares of the company's stock, valued at approximately $2,903,539.20. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 14,352 shares of company stock valued at $1,899,353 in the last ninety days. 0.36% of the stock is currently owned by corporate insiders.
Analysts Set New Price Targets
TER has been the subject of several research analyst reports. Cantor Fitzgerald raised shares of Teradyne from a "neutral" rating to an "overweight" rating and set a $160.00 price target for the company in a research note on Friday, August 16th. StockNews.com raised shares of Teradyne from a "sell" rating to a "hold" rating in a research note on Sunday, October 27th. Citigroup dropped their target price on shares of Teradyne from $185.00 to $162.00 and set a "buy" rating on the stock in a report on Friday, July 26th. Evercore ISI boosted their price target on shares of Teradyne from $130.00 to $145.00 and gave the company an "overweight" rating in a report on Wednesday, October 9th. Finally, Stifel Nicolaus dropped their price objective on shares of Teradyne from $140.00 to $125.00 and set a "hold" rating on the stock in a research note on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $142.62.
View Our Latest Stock Analysis on Teradyne
Teradyne Trading Up 0.3 %
TER traded up $0.28 during midday trading on Friday, hitting $106.49. 2,351,968 shares of the company were exchanged, compared to its average volume of 2,037,736. The company's 50 day simple moving average is $126.98 and its 200 day simple moving average is $131.80. The firm has a market capitalization of $17.38 billion, a price-to-earnings ratio of 33.81, a price-to-earnings-growth ratio of 2.38 and a beta of 1.49. Teradyne, Inc. has a 1-year low of $83.74 and a 1-year high of $163.21.
Teradyne (NASDAQ:TER - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.12. The firm had revenue of $737.30 million during the quarter, compared to analyst estimates of $716.40 million. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. Teradyne's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.80 EPS. On average, equities analysts anticipate that Teradyne, Inc. will post 3.15 EPS for the current year.
Teradyne Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 5th were issued a $0.12 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.48 dividend on an annualized basis and a yield of 0.45%. Teradyne's payout ratio is 15.24%.
Teradyne Profile
(
Free Report)
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.
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