Mizuho Securities USA LLC Purchases 4,855 Shares of Teradyne, Inc. (NASDAQ:TER)

Mizuho Securities USA LLC raised its position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 45.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,436 shares of the company's stock after acquiring an additional 4,855 shares during the period. Mizuho Securities USA LLC's holdings in Teradyne were worth $1,944,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in TER. Roberts Glore & Co. Inc. IL raised its stake in Teradyne by 2.2% in the fourth quarter. Roberts Glore & Co. Inc. IL now owns 4,103 shares of the company's stock valued at $517,000 after purchasing an additional 90 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in Teradyne by 1.7% during the third quarter. Thrivent Financial for Lutherans now owns 6,403 shares of the company's stock valued at $858,000 after acquiring an additional 104 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Teradyne by 3.1% during the 4th quarter. GAMMA Investing LLC now owns 3,445 shares of the company's stock valued at $434,000 after purchasing an additional 105 shares in the last quarter. TD Private Client Wealth LLC boosted its holdings in shares of Teradyne by 0.5% during the 3rd quarter. TD Private Client Wealth LLC now owns 19,904 shares of the company's stock worth $2,666,000 after buying an additional 108 shares in the last quarter. Finally, Citizens Financial Group Inc. RI increased its stake in shares of Teradyne by 5.8% in the 4th quarter. Citizens Financial Group Inc. RI now owns 2,244 shares of the company's stock valued at $283,000 after acquiring an additional 124 shares in the last quarter. 99.77% of the stock is owned by institutional investors and hedge funds.

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Insider Buying and Selling at Teradyne

In related news, CFO Sanjay Mehta sold 1,789 shares of the firm's stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total value of $215,592.39. Following the sale, the chief financial officer now directly owns 33,308 shares of the company's stock, valued at $4,013,947.08. This trade represents a 5.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Ryan Driscoll sold 437 shares of the company's stock in a transaction that occurred 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 transaction, the vice president now directly owns 4,312 shares of the company's stock, valued at $439,824. The trade was a 9.20 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,479 shares of company stock worth $1,013,134 over the last 90 days. Corporate insiders own 0.18% of the company's stock.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Stifel Nicolaus lowered their price objective on shares of Teradyne from $125.00 to $110.00 and set a "hold" rating on the stock in a report on Wednesday, March 12th. UBS Group set a $130.00 price objective on shares of Teradyne and gave the company a "buy" rating in a research note on Wednesday, March 12th. Northland Capmk raised shares of Teradyne from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 6th. Bank of America lowered their price target on shares of Teradyne from $100.00 to $85.00 and set an "underperform" rating on the stock in a report on Wednesday, March 12th. Finally, JPMorgan Chase & Co. lowered their target price on Teradyne from $145.00 to $120.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 12th. Two analysts have rated the stock with a sell rating, three have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $121.44.

Teradyne Stock Down 2.0 %

Shares of TER stock traded down $1.83 on Wednesday, reaching $88.12. The company's stock had a trading volume of 871,977 shares, compared to its average volume of 2,293,933. The company has a market capitalization of $14.25 billion, a P/E ratio of 26.44, a PEG ratio of 2.83 and a beta of 1.46. Teradyne, Inc. has a 12-month low of $82.98 and a 12-month high of $163.21. The stock's 50 day simple moving average is $110.99 and its 200-day simple moving average is $118.21.

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, beating the consensus estimate of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. Research analysts expect that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date of this dividend was Friday, February 14th. Teradyne's dividend payout ratio is currently 14.41%.

Teradyne Company 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.