Teradyne, Inc. (NASDAQ:TER) Shares Acquired by RWA Wealth Partners LLC

RWA Wealth Partners LLC lifted its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 11.3% during the fourth quarter, Holdings Channel reports. The fund owned 26,207 shares of the company’s stock after purchasing an additional 2,657 shares during the quarter. RWA Wealth Partners LLC’s holdings in Teradyne were worth $2,844,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. Duality Advisers LP boosted its stake in shares of Teradyne by 283.1% during the fourth quarter. Duality Advisers LP now owns 36,777 shares of the company’s stock valued at $3,991,000 after acquiring an additional 27,177 shares during the last quarter. Capital Investment Advisory Services LLC boosted its stake in Teradyne by 4.2% in the 4th quarter. Capital Investment Advisory Services LLC now owns 9,833 shares of the company’s stock worth $1,067,000 after buying an additional 400 shares during the last quarter. Handelsbanken Fonder AB boosted its stake in Teradyne by 77.9% in the 4th quarter. Handelsbanken Fonder AB now owns 81,165 shares of the company’s stock worth $8,808,000 after buying an additional 35,543 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in Teradyne in the 4th quarter worth about $271,000. Finally, Lindbrook Capital LLC boosted its stake in Teradyne by 72.4% in the 4th quarter. Lindbrook Capital LLC now owns 1,319 shares of the company’s stock worth $143,000 after buying an additional 554 shares during the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Insider Transactions at Teradyne

In other news, Director Ernest E. Maddock bought 1,000 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was bought at an average price of $94.07 per share, for a total transaction of $94,070.00. Following the transaction, the director now owns 4,728 shares in the company, valued at $444,762.96. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, Director Ernest E. Maddock bought 1,000 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was bought at an average price of $94.07 per share, for a total transaction of $94,070.00. Following the transaction, the director now owns 4,728 shares in the company, valued at $444,762.96. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Richard John Burns sold 317 shares of Teradyne stock in a transaction that occurred on Thursday, January 25th. The stock was sold at an average price of $112.68, for a total value of $35,719.56. Following the completion of the transaction, the insider now owns 20,300 shares of the company’s stock, valued at approximately $2,287,404. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,797 shares of company stock worth $1,248,237. 0.18% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Cantor Fitzgerald reissued a “neutral” rating and issued a $110.00 price target on shares of Teradyne in a research note on Monday, March 4th. Evercore ISI assumed coverage on Teradyne in a research note on Tuesday, April 16th. They issued an “outperform” rating and a $130.00 price target on the stock. Finally, JPMorgan Chase & Co. raised their price target on Teradyne from $100.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, April 11th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Teradyne currently has a consensus rating of “Hold” and a consensus target price of $113.73.

Teradyne Stock Up 2.1 %

TER stock opened at $99.85 on Wednesday. Teradyne, Inc. has a 52-week low of $81.07 and a 52-week high of $119.20. The stock’s 50 day moving average is $105.27 and its two-hundred day moving average is $100.37. The company has a market capitalization of $15.27 billion, a PE ratio of 36.58 and a beta of 1.56.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Tuesday, January 30th. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.07. Teradyne had a return on equity of 19.45% and a net margin of 16.77%. The company had revenue of $670.60 million for the quarter, compared to the consensus estimate of $674.99 million. During the same period in the previous year, the business earned $0.92 EPS. Teradyne’s revenue for the quarter was down 8.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that Teradyne, Inc. will post 2.82 EPS for the current year.

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.