Teradyne, Inc. (NASDAQ:TER) Shares Sold by Tredje AP fonden

Tredje AP fonden cut its position in shares of Teradyne, Inc. (NASDAQ:TER) by 50.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,005 shares of the company’s stock after selling 12,005 shares during the period. Tredje AP fonden’s holdings in Teradyne were worth $1,512,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of TER. Apollon Wealth Management LLC raised its stake in Teradyne by 7.2% during the third quarter. Apollon Wealth Management LLC now owns 2,362 shares of the company’s stock worth $316,000 after purchasing an additional 159 shares during the period. Entropy Technologies LP purchased a new position in Teradyne during the third quarter worth about $647,000. Victory Capital Management Inc. increased its position in shares of Teradyne by 6.8% during the third quarter. Victory Capital Management Inc. now owns 89,431 shares of the company’s stock valued at $11,977,000 after acquiring an additional 5,686 shares during the last quarter. Huntington National Bank increased its position in shares of Teradyne by 103.1% during the third quarter. Huntington National Bank now owns 581 shares of the company’s stock valued at $78,000 after acquiring an additional 295 shares during the last quarter. Finally, Metis Global Partners LLC increased its position in shares of Teradyne by 5.7% during the third quarter. Metis Global Partners LLC now owns 5,154 shares of the company’s stock valued at $690,000 after acquiring an additional 279 shares during the last quarter. 99.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on TER. Susquehanna dropped their price target on shares of Teradyne from $165.00 to $155.00 and set a “positive” rating for the company in a research report on Wednesday. Cantor Fitzgerald dropped their price target on shares of Teradyne from $150.00 to $110.00 and set an “overweight” rating for the company in a research report on Wednesday. JPMorgan Chase & Co. dropped their price target on shares of Teradyne from $145.00 to $120.00 and set an “overweight” rating for the company in a research report on Wednesday. Bank of America dropped their price objective on shares of Teradyne from $100.00 to $85.00 and set an “underperform” rating for the company in a report on Wednesday. Finally, UBS Group set a $130.00 price objective on shares of Teradyne and gave the company a “buy” rating in a report on Wednesday. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Teradyne currently has an average rating of “Moderate Buy” and an average price target of $121.44.

Teradyne Stock Up 1.7 %

NASDAQ TER opened at $86.74 on Friday. The stock has a market capitalization of $14.03 billion, a PE ratio of 26.05, a price-to-earnings-growth ratio of 2.83 and a beta of 1.46. Teradyne, Inc. has a 52 week low of $82.98 and a 52 week high of $163.21. The firm has a 50 day moving average of $117.60 and a two-hundred day moving average of $120.38.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. On average, equities research analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were given a dividend of $0.12 per share. The ex-dividend date was Friday, February 14th. This represents a $0.48 annualized dividend and a dividend yield of 0.55%. Teradyne’s dividend payout ratio is presently 14.41%.

Insider Transactions at Teradyne

In related news, VP Ryan Driscoll sold 437 shares of the company’s stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $102.00, for a total value of $44,574.00. Following the completion of the sale, the vice president now owns 4,312 shares in the company, valued at $439,824. This represents a 9.20 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Richard John Burns sold 407 shares of the company’s stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $120.51, for a total transaction of $49,047.57. Following the completion of the sale, the insider now owns 20,764 shares of the company’s stock, valued at approximately $2,502,269.64. This trade represents a 1.92 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 8,479 shares of company stock worth $1,013,134. 0.36% of the stock is currently owned by insiders.

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.