4,265 Shares in Teradyne, Inc. (NASDAQ:TER) Bought by XTX Topco Ltd

XTX Topco Ltd acquired a new position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 4,265 shares of the company's stock, valued at approximately $571,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. National Bank of Canada FI grew its position in Teradyne by 210.2% during the 3rd quarter. National Bank of Canada FI now owns 207,536 shares of the company's stock worth $27,795,000 after purchasing an additional 140,633 shares during the last quarter. EP Wealth Advisors LLC grew its stake in shares of Teradyne by 15.4% in the 3rd quarter. EP Wealth Advisors LLC now owns 3,493 shares of the company's stock valued at $468,000 after purchasing an additional 466 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Teradyne by 9.1% during the third quarter. Wellington Management Group LLP now owns 10,684 shares of the company's stock worth $1,431,000 after purchasing an additional 890 shares during the last quarter. Wahed Invest LLC lifted its holdings in shares of Teradyne by 15.0% during the third quarter. Wahed Invest LLC now owns 3,792 shares of the company's stock worth $508,000 after purchasing an additional 495 shares during the period. Finally, Weiss Asset Management LP acquired a new position in Teradyne in the 3rd quarter valued at $3,452,000. Institutional investors and hedge funds own 99.77% of the company's stock.

Insider Transactions at Teradyne

In other news, CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $132.80, for a total transaction of $409,024.00. Following the sale, the chief executive officer now owns 80,736 shares of the company's stock, valued at approximately $10,721,740.80. The trade was a 3.67 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Richard John Burns sold 789 shares of the business's stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $132.80, for a total value of $104,779.20. Following the transaction, the insider now owns 21,864 shares of the company's stock, valued at approximately $2,903,539.20. This represents a 3.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,494 shares of company stock worth $596,803. 0.36% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TER. StockNews.com raised shares of Teradyne from a "sell" rating to a "hold" rating in a report on Sunday, October 27th. Evercore ISI raised their price target on Teradyne from $130.00 to $145.00 and gave the company an "overweight" rating in a research report on Wednesday, October 9th. Craig Hallum lowered their price objective on shares of Teradyne from $124.00 to $111.00 and set a "hold" rating on the stock in a research note on Friday, October 25th. Robert W. Baird cut their target price on shares of Teradyne from $140.00 to $133.00 and set an "outperform" rating for the company in a research report on Friday, October 25th. Finally, Northland Securities cut their price objective on Teradyne from $126.00 to $117.00 and set a "market perform" rating for the company in a research report on Friday, October 25th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $142.62.

Teradyne Stock Performance

Shares of NASDAQ:TER traded up $2.27 during midday trading on Friday, hitting $123.22. 3,953,845 shares of the company's stock traded hands, compared to its average volume of 2,069,738. The firm's fifty day moving average price is $115.18 and its two-hundred day moving average price is $129.74. Teradyne, Inc. has a twelve month low of $92.29 and a twelve month high of $163.21. The company has a market cap of $20.07 billion, a PE ratio of 39.12, a P/E/G ratio of 2.60 and a beta of 1.51.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $0.90 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $0.12. The firm had revenue of $737.30 million during the quarter, compared to analysts' expectations of $716.40 million. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. Teradyne's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.80 EPS. As a group, equities research analysts anticipate that Teradyne, Inc. will post 3.17 EPS for the current fiscal year.

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

Teradyne Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Investors of record on Monday, November 25th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend is Monday, November 25th. Teradyne's dividend payout ratio is currently 15.24%.

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.