MGO One Seven LLC lessened its position in Teradyne, Inc. (NASDAQ:TER – Free Report) by 16.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,582 shares of the company’s stock after selling 690 shares during the period. MGO One Seven LLC’s holdings in Teradyne were worth $322,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TER. Federated Hermes Inc. lifted its position in Teradyne by 188.8% during the first quarter. Federated Hermes Inc. now owns 2,105,852 shares of the company’s stock valued at $173,943,000 after purchasing an additional 1,376,631 shares during the period. AQR Capital Management LLC lifted its position in Teradyne by 1,612.4% during the first quarter. AQR Capital Management LLC now owns 1,404,752 shares of the company’s stock valued at $113,251,000 after purchasing an additional 1,322,716 shares during the period. Goldman Sachs Group Inc. lifted its position in Teradyne by 224.0% during the first quarter. Goldman Sachs Group Inc. now owns 1,851,684 shares of the company’s stock valued at $152,949,000 after purchasing an additional 1,280,120 shares during the period. Allspring Global Investments Holdings LLC lifted its position in Teradyne by 26.4% during the second quarter. Allspring Global Investments Holdings LLC now owns 3,118,297 shares of the company’s stock valued at $286,634,000 after purchasing an additional 652,175 shares during the period. Finally, American Century Companies Inc. lifted its position in Teradyne by 124.3% during the first quarter. American Century Companies Inc. now owns 1,120,250 shares of the company’s stock valued at $92,533,000 after purchasing an additional 620,918 shares during the period. Institutional investors own 99.77% of the company’s stock.
Teradyne Trading Down 0.8%
TER opened at $138.16 on Monday. The firm’s 50 day simple moving average is $124.66 and its two-hundred day simple moving average is $98.83. The company has a market capitalization of $21.98 billion, a PE ratio of 47.81, a PEG ratio of 2.90 and a beta of 1.82. Teradyne, Inc. has a 1-year low of $65.77 and a 1-year high of $150.71.
Teradyne Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 5th were paid a $0.12 dividend. The ex-dividend date of this dividend was Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. Teradyne’s dividend payout ratio is 16.61%.
Analyst Ratings Changes
A number of research analysts recently weighed in on the stock. Cantor Fitzgerald set a $105.00 price objective on shares of Teradyne and gave the company an “overweight” rating in a research report on Tuesday, June 24th. The Goldman Sachs Group increased their price objective on shares of Teradyne from $85.00 to $130.00 and gave the company a “sell” rating in a research report on Thursday, October 9th. Northland Securities set a $161.00 target price on shares of Teradyne in a report on Tuesday, October 7th. Susquehanna increased their price target on shares of Teradyne from $133.00 to $200.00 and gave the stock a “positive” rating in a research report on Monday, September 22nd. Finally, Cowen reiterated a “buy” rating on shares of Teradyne in a research report on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $124.93.
Get Our Latest Stock Report on Teradyne
Insider Activity
In other news, CEO Gregory Stephen Smith sold 1,108 shares of the stock in a transaction on Friday, October 10th. The shares were sold at an average price of $145.24, for a total value of $160,925.92. Following the completion of the sale, the chief executive officer directly owned 94,777 shares of the company’s stock, valued at $13,765,411.48. This represents a 1.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 3,324 shares of company stock valued at $411,954 over the last three months. Corporate insiders own 0.16% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Teradyne
- Want to Profit on the Downtrend? Downtrends, Explained.
- JPMorgan Crushes Q3; But Is the Steady Eddy Stock Hitting A Wall?
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Snap-on Incorporated: Snap It Up Quick, New Highs Will Come Soon
- How to Buy Gold Stock and Invest in Gold
- As Global Renewables Surpass Coal, This ETF Offers Smart Exposure
Want to see what other hedge funds are holding TER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradyne, Inc. (NASDAQ:TER – Free Report).
Receive News & Ratings for Teradyne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradyne and related companies with MarketBeat.com's FREE daily email newsletter.