Teradyne, Inc. (NASDAQ:TER) VP Ryan Driscoll Sells 437 Shares

Teradyne, Inc. (NASDAQ:TER - Get Free Report) VP Ryan Driscoll sold 437 shares of the stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $102.00, for a total value of $44,574.00. Following the completion of the transaction, the vice president now directly owns 4,312 shares in the company, valued at approximately $439,824. This trade represents a 9.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Ryan Driscoll also recently made the following trade(s):

• On Tuesday, January 28th, Ryan Driscoll sold 107 shares of Teradyne stock. The shares were sold at an average price of $120.51, for a total value of $12,894.57.

Teradyne Stock Up 0.5 %

Shares of NASDAQ:TER traded up $0.58 during mid-day trading on Tuesday, reaching $111.67. 3,054,933 shares of the stock were exchanged, compared to its average volume of 2,934,307. The stock's 50 day simple moving average is $125.43 and its 200-day simple moving average is $124.37. Teradyne, Inc. has a one year low of $94.64 and a one year high of $163.21. The company has a market cap of $18.19 billion, a P/E ratio of 33.53, a P/E/G ratio of 2.67 and a beta of 1.46.

Teradyne (NASDAQ:TER - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share 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%. Analysts anticipate that Teradyne, Inc. will post 4.02 EPS for the current fiscal year.

Teradyne Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 14th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.48 annualized dividend and a yield of 0.43%. Teradyne's payout ratio is currently 14.41%.

Teradyne declared that its board has approved a share buyback program on Monday, November 11th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to repurchase up to 0.6% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

Analyst Ratings Changes

Several equities analysts have recently issued reports on TER shares. Susquehanna boosted their target price on Teradyne from $145.00 to $165.00 and gave the stock a "positive" rating in a research report on Wednesday, January 22nd. Northland Capmk upgraded shares of Teradyne from a "hold" rating to a "strong-buy" rating in a report on Monday, January 6th. UBS Group cut their target price on shares of Teradyne from $160.00 to $155.00 and set a "buy" rating on the stock in a report on Friday. Northland Securities decreased their price target on shares of Teradyne from $154.00 to $140.00 and set an "outperform" rating for the company in a report on Friday. Finally, Stifel Nicolaus dropped their price objective on Teradyne from $140.00 to $125.00 and set a "hold" rating on the stock in a research note on Friday, October 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Teradyne has an average rating of "Moderate Buy" and an average price target of $143.77.

Institutional Trading of Teradyne

Hedge funds and other institutional investors have recently modified their holdings of the stock. Whittier Trust Co. boosted its position in Teradyne by 10.2% during the third quarter. Whittier Trust Co. now owns 950 shares of the company's stock valued at $127,000 after purchasing an additional 88 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Teradyne by 10.2% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,115 shares of the company's stock worth $149,000 after purchasing an additional 103 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of Teradyne by 1.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 6,403 shares of the company's stock valued at $858,000 after buying an additional 104 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Teradyne by 3.1% in the fourth quarter. GAMMA Investing LLC now owns 3,445 shares of the company's stock valued at $434,000 after buying an additional 105 shares in the last quarter. Finally, TD Private Client Wealth LLC grew its stake in shares of Teradyne by 0.5% in the third quarter. TD Private Client Wealth LLC now owns 19,904 shares of the company's stock valued at $2,666,000 after buying an additional 108 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company's stock.

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.