Sei Investments Co. Has $29.54 Million Position in Teradyne, Inc. (NASDAQ:TER)

Sei Investments Co. lessened its holdings in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 5.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 234,627 shares of the company's stock after selling 14,099 shares during the quarter. Sei Investments Co. owned approximately 0.14% of Teradyne worth $29,544,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Mizuho Securities USA LLC boosted its stake in shares of Teradyne by 45.9% during the 4th quarter. Mizuho Securities USA LLC now owns 15,436 shares of the company's stock valued at $1,944,000 after buying an additional 4,855 shares during the period. Quantbot Technologies LP boosted its position in Teradyne by 519.8% during the fourth quarter. Quantbot Technologies LP now owns 8,968 shares of the company's stock valued at $1,129,000 after purchasing an additional 7,521 shares during the last quarter. Summit Global Investments purchased a new position in Teradyne in the fourth quarter valued at about $214,000. 1620 Investment Advisors Inc. increased its position in Teradyne by 28.7% in the 4th quarter. 1620 Investment Advisors Inc. now owns 1,089 shares of the company's stock worth $137,000 after purchasing an additional 243 shares during the last quarter. Finally, AllSquare Wealth Management LLC raised its stake in shares of Teradyne by 200.0% during the 4th quarter. AllSquare Wealth Management LLC now owns 300 shares of the company's stock worth $38,000 after purchasing an additional 200 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company's stock.

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Insider Activity at Teradyne

In other Teradyne news, VP Ryan Driscoll sold 437 shares of the business's 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 sale, the vice president now owns 4,312 shares of the company's stock, valued at $439,824. The trade was a 9.20 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Richard John Burns sold 445 shares of the firm's stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $111.49, for a total transaction of $49,613.05. Following the transaction, the insider now directly owns 25,191 shares of the company's stock, valued at $2,808,544.59. The trade was a 1.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 8,479 shares of company stock worth $1,013,134. Company insiders own 0.18% of the company's stock.

Teradyne Trading Down 3.4 %

TER traded down $2.90 during midday trading on Friday, reaching $82.78. The company's stock had a trading volume of 2,363,794 shares, compared to its average volume of 2,392,806. The company has a fifty day simple moving average of $107.90 and a 200 day simple moving average of $117.43. The stock has a market cap of $13.39 billion, a P/E ratio of 24.86, a PEG ratio of 2.83 and a beta of 1.46. Teradyne, Inc. has a twelve month low of $82.47 and a twelve month high of $163.21.

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

Teradyne Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date of this dividend was Friday, February 14th. Teradyne's dividend payout ratio is currently 14.41%.

Analysts Set New Price Targets

TER has been the subject of several recent research reports. Northland Capmk raised Teradyne from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 6th. UBS Group set a $130.00 target price on shares of Teradyne and gave the company a "buy" rating in a research note on Wednesday, March 12th. KeyCorp dropped their price target on shares of Teradyne from $150.00 to $140.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 12th. Vertical Research started coverage on shares of Teradyne in a research note on Friday, March 7th. They issued a "buy" rating and a $135.00 price objective for the company. Finally, Morgan Stanley lowered their target price on shares of Teradyne from $112.00 to $81.00 and set an "underweight" rating on the stock in a research report on Friday, March 14th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Teradyne currently has a consensus rating of "Moderate Buy" and a consensus target price of $121.44.

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.