Teradyne, Inc. (NASDAQ:TER) Shares Sold by Tredje AP fonden

Tredje AP fonden lowered its stake in Teradyne, Inc. (NASDAQ:TER - Free Report) by 50.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,005 shares of the company's stock after selling 12,005 shares during the quarter. Tredje AP fonden's holdings in Teradyne were worth $1,512,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Compass Financial Services Inc purchased a new stake in Teradyne during the fourth quarter worth about $33,000. Manchester Capital Management LLC increased its stake 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 purchasing an additional 227 shares during the period. Coastline Trust Co purchased a new stake in Teradyne during the third quarter worth about $46,000. Brooklyn Investment Group purchased a new stake in Teradyne during the third quarter worth about $52,000. Finally, Quarry LP increased its stake in Teradyne by 91.9% during the third quarter. Quarry LP now owns 451 shares of the company's stock worth $60,000 after purchasing an additional 216 shares during the period. Institutional investors and hedge funds own 99.77% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. UBS Group set a $130.00 target price on shares of Teradyne and gave the stock a "buy" rating in a research note on Wednesday, March 12th. Northland Capmk upgraded shares of Teradyne from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 6th. Vertical Research assumed coverage on shares of Teradyne in a research note on Friday, March 7th. They set a "buy" rating and a $135.00 target price on the stock. Citigroup cut their target price on shares of Teradyne from $130.00 to $100.00 and set a "buy" rating on the stock in a research note on Wednesday, March 12th. Finally, Morgan Stanley dropped their price target on shares of Teradyne from $112.00 to $81.00 and set an "underweight" rating on the stock in a research note on Friday, March 14th. Two 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. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $121.44.

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Insider Buying and Selling

In other Teradyne news, CEO Gregory Stephen Smith sold 3,080 shares of the firm's stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $130.00, for a total value of $400,400.00. Following the sale, the chief executive officer now directly owns 74,660 shares of the company's stock, valued at approximately $9,705,800. This trade represents a 3.96 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 completion of the sale, the chief financial officer now directly owns 33,308 shares in the company, valued at approximately $4,013,947.08. The trade was a 5.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,479 shares of company stock worth $1,013,134. 0.36% of the stock is owned by corporate insiders.

Teradyne Stock Performance

NASDAQ:TER traded down $0.36 during trading hours on Wednesday, hitting $88.51. The company's stock had a trading volume of 2,918,701 shares, compared to its average volume of 2,280,218. Teradyne, Inc. has a 52-week low of $82.98 and a 52-week high of $163.21. The company has a market capitalization of $14.31 billion, a PE ratio of 26.58, a PEG ratio of 2.83 and a beta of 1.46. The business's 50-day moving average is $115.61 and its two-hundred day moving average is $119.55.

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

Teradyne Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors 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 yield of 0.54%. The ex-dividend date was Friday, February 14th. Teradyne's dividend payout ratio is presently 14.41%.

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.