Teradyne, Inc. (NASDAQ:TER) Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. lessened its holdings in Teradyne, Inc. (NASDAQ:TER - Free Report) by 40.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 222,557 shares of the company's stock after selling 153,123 shares during the quarter. Russell Investments Group Ltd. owned 0.14% of Teradyne worth $28,031,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Compass Financial Services Inc purchased a new stake in shares of Teradyne in the 4th quarter valued at $33,000. AllSquare Wealth Management LLC boosted its stake in shares of Teradyne by 200.0% in the fourth quarter. AllSquare Wealth Management LLC now owns 300 shares of the company's stock worth $38,000 after buying an additional 200 shares during the last quarter. Manchester Capital Management LLC grew its holdings in Teradyne by 264.0% during the fourth quarter. Manchester Capital Management LLC now owns 313 shares of the company's stock worth $39,000 after acquiring an additional 227 shares during the period. Murphy & Mullick Capital Management Corp purchased a new position in Teradyne during the fourth quarter valued at approximately $45,000. Finally, Atala Financial Inc acquired a new position in Teradyne in the fourth quarter valued at approximately $47,000. Hedge funds and other institutional investors own 99.77% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on TER shares. Northland Capmk raised shares of Teradyne from a "hold" rating to a "strong-buy" rating in a report on Monday, January 6th. Susquehanna decreased their price objective on shares of Teradyne from $165.00 to $155.00 and set a "positive" rating for the company in a research report on Wednesday, March 12th. Cantor Fitzgerald dropped their target price on Teradyne from $150.00 to $110.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 12th. KeyCorp lowered their price target on Teradyne from $150.00 to $140.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 12th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Teradyne from $145.00 to $120.00 and set an "overweight" rating for the company in a research report on Wednesday, March 12th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $121.44.

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Teradyne Trading Up 1.3 %

Teradyne stock traded up $0.93 during midday trading on Monday, hitting $74.58. 461,130 shares of the stock were exchanged, compared to its average volume of 2,525,926. The stock has a market capitalization of $11.99 billion, a price-to-earnings ratio of 22.40, a PEG ratio of 2.83 and a beta of 1.65. The stock's 50-day simple moving average is $96.33 and its 200 day simple moving average is $112.80. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $163.21.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share 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%. Equities analysts anticipate that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.64%. The ex-dividend date of this dividend was Friday, February 14th. Teradyne's payout ratio is 14.41%.

Insiders Place Their Bets

In related news, insider Richard John Burns sold 407 shares of the business's 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 completion of the sale, the insider now directly owns 20,764 shares of the company's stock, valued at $2,502,269.64. The trade was a 1.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Sanjay Mehta sold 1,384 shares of the company's 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 sale, the chief financial officer now directly 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,399 shares of company stock worth $612,734 over the last 90 days. Corporate insiders own 0.36% of the company's stock.

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.