Teradyne, Inc. $TER Shares Purchased by Tredje AP fonden

Tredje AP fonden increased its holdings in Teradyne, Inc. (NASDAQ:TER) by 22.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,832 shares of the company’s stock after buying an additional 3,050 shares during the quarter. Tredje AP fonden’s holdings in Teradyne were worth $2,317,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in shares of Teradyne by 34.3% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,890 shares of the company’s stock valued at $535,000 after acquiring an additional 994 shares during the last quarter. Kovack Advisors Inc. lifted its position in Teradyne by 63.5% during the third quarter. Kovack Advisors Inc. now owns 32,623 shares of the company’s stock valued at $4,490,000 after purchasing an additional 12,666 shares during the period. WT Asset Management Ltd purchased a new stake in Teradyne in the third quarter valued at $41,935,000. Y.D. More Investments Ltd acquired a new stake in Teradyne during the 3rd quarter worth about $344,000. Finally, Synovus Financial Corp acquired a new stake in Teradyne during the 3rd quarter worth about $219,000. 99.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TER. Evercore boosted their price objective on Teradyne from $200.00 to $280.00 and gave the company an “outperform” rating in a report on Monday, February 2nd. Morgan Stanley set a $306.00 price target on Teradyne in a report on Wednesday, February 11th. Northland Securities reaffirmed a “market perform” rating and set a $270.00 price objective on shares of Teradyne in a research note on Wednesday, February 4th. Robert W. Baird set a $305.00 target price on shares of Teradyne in a report on Wednesday, February 4th. Finally, iA Financial set a $175.00 price target on shares of Teradyne in a report on Tuesday, October 28th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $256.24.

Insiders Place Their Bets

In related news, CEO Gregory Stephen Smith sold 1,108 shares of Teradyne stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $201.31, for a total value of $223,051.48. Following the sale, the chief executive officer directly owned 93,409 shares in the company, valued at approximately $18,804,165.79. The trade was a 1.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.16% of the company’s stock.

Teradyne Price Performance

Shares of NASDAQ:TER opened at $324.85 on Monday. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $327.99. The firm has a market capitalization of $50.86 billion, a price-to-earnings ratio of 93.35, a price-to-earnings-growth ratio of 2.01 and a beta of 1.83. The business’s 50 day moving average price is $240.98 and its 200-day moving average price is $179.45.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.80 EPS for the quarter, topping the consensus estimate of $1.36 by $0.44. The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $970.44 million. Teradyne had a net margin of 17.37% and a return on equity of 22.68%. The firm’s revenue was up 43.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.95 EPS. On average, sell-side analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 13th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.48 dividend on an annualized basis and a yield of 0.1%. Teradyne’s dividend payout ratio (DPR) is currently 14.94%.

About Teradyne

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.