1,155 Shares in Teradyne, Inc. $TER Acquired by Pure Financial Advisors LLC

Pure Financial Advisors LLC purchased a new position in shares of Teradyne, Inc. (NASDAQ:TER) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,155 shares of the company’s stock, valued at approximately $224,000.

Other large investors also recently modified their holdings of the company. State Street Corp increased its holdings in Teradyne by 0.9% in the fourth quarter. State Street Corp now owns 7,078,635 shares of the company’s stock valued at $1,370,141,000 after buying an additional 60,986 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Teradyne by 6.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 5,256,857 shares of the company’s stock worth $723,600,000 after buying an additional 336,757 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Teradyne by 18.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,203,546 shares of the company’s stock worth $813,640,000 after acquiring an additional 659,273 shares in the last quarter. Invesco Ltd. boosted its position in shares of Teradyne by 3.5% during the 3rd quarter. Invesco Ltd. now owns 2,959,330 shares of the company’s stock worth $407,322,000 after acquiring an additional 99,864 shares in the last quarter. Finally, Alkeon Capital Management LLC increased its holdings in shares of Teradyne by 48.6% in the 3rd quarter. Alkeon Capital Management LLC now owns 2,872,910 shares of the company’s stock valued at $395,427,000 after acquiring an additional 940,000 shares during the last quarter. 99.77% of the stock is owned by hedge funds and other institutional investors.

Teradyne Stock Performance

TER opened at $457.00 on Tuesday. Teradyne, Inc. has a one year low of $85.58 and a one year high of $459.19. The stock has a market capitalization of $71.54 billion, a P/E ratio of 84.63, a price-to-earnings-growth ratio of 1.80 and a beta of 1.79. The business’s 50-day simple moving average is $376.35 and its 200-day simple moving average is $302.73.

Teradyne (NASDAQ:TER) last announced its earnings results on Wednesday, April 29th. The company reported $2.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.11 by $0.45. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The business’s revenue was up 87.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.75 EPS. On average, equities research analysts forecast that Teradyne, Inc. will post 7.09 EPS for the current fiscal year.

Teradyne Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Thursday, May 21st were paid a $0.13 dividend. This is an increase from Teradyne’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Thursday, May 21st. Teradyne’s dividend payout ratio (DPR) is presently 9.63%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Stifel Nicolaus raised their target price on Teradyne from $325.00 to $390.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Cantor Fitzgerald upped their price target on Teradyne from $330.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. JPMorgan Chase & Co. upgraded shares of Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 price target on the stock in a research note on Thursday, April 30th. UBS Group raised their price objective on shares of Teradyne from $325.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Finally, Evercore set a $370.00 price objective on shares of Teradyne in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $339.80.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $423.03, for a total transaction of $1,692,120.00. Following the transaction, the chief executive officer directly owned 120,470 shares in the company, valued at approximately $50,962,424.10. This trade represents a 3.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Ryan Driscoll sold 680 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $377.60, for a total transaction of $256,768.00. Following the transaction, the vice president owned 7,665 shares in the company, valued at approximately $2,894,304. This trade represents a 8.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 14,941 shares of company stock valued at $5,444,112. 0.19% of the stock is currently owned by company insiders.

Teradyne Profile

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.