Teradyne, Inc. (NASDAQ:TER) Shares Purchased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC increased its holdings in Teradyne, Inc. (NASDAQ:TER) by 6.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,717 shares of the company’s stock after buying an additional 369 shares during the period. Kestra Private Wealth Services LLC’s holdings in Teradyne were worth $720,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of TER. Whittier Trust Co. raised its holdings in shares of Teradyne by 10.2% during the third quarter. Whittier Trust Co. now owns 950 shares of the company’s stock worth $127,000 after purchasing an additional 88 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Teradyne by 10.2% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,115 shares of the company’s stock valued at $149,000 after buying an additional 103 shares during the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Teradyne by 1.7% in the third quarter. Thrivent Financial for Lutherans now owns 6,403 shares of the company’s stock worth $858,000 after buying an additional 104 shares during the last quarter. GAMMA Investing LLC grew its holdings in Teradyne by 3.1% during the fourth quarter. GAMMA Investing LLC now owns 3,445 shares of the company’s stock worth $434,000 after acquiring an additional 105 shares during the period. Finally, TD Private Client Wealth LLC grew its holdings in Teradyne by 0.5% during the third quarter. TD Private Client Wealth LLC now owns 19,904 shares of the company’s stock worth $2,666,000 after acquiring an additional 108 shares during the period. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Richard John Burns sold 407 shares of Teradyne stock in a transaction that occurred 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 sale, the insider now owns 20,764 shares of the company’s stock, valued at approximately $2,502,269.64. The trade was a 1.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Ryan Driscoll sold 437 shares of the firm’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $102.00, for a total value of $44,574.00. Following the sale, the vice president now directly owns 4,312 shares of the company’s stock, valued at approximately $439,824. This trade represents a 9.20 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,479 shares of company stock valued at $1,013,134. Insiders own 0.36% of the company’s stock.

Teradyne Stock Up 0.4 %

Teradyne stock opened at $113.25 on Friday. The company has a fifty day simple moving average of $125.44 and a 200-day simple moving average of $123.16. The firm has a market capitalization of $18.44 billion, a price-to-earnings ratio of 34.01, a PEG ratio of 2.70 and a beta of 1.45. Teradyne, Inc. has a 52-week low of $95.80 and a 52-week high of $163.21.

Teradyne (NASDAQ:TER) last released its quarterly earnings data on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. On average, research analysts anticipate that Teradyne, Inc. will post 3.91 EPS for the current fiscal year.

Teradyne announced that its Board of Directors has initiated a stock repurchase plan on Monday, November 11th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 0.6% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

Teradyne Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 14th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a yield of 0.42%. Teradyne’s payout ratio is 14.41%.

Analyst Ratings Changes

Several equities research analysts have commented on TER shares. JPMorgan Chase & Co. lowered their price objective on Teradyne from $158.00 to $145.00 and set an “overweight” rating on the stock in a research report on Friday, January 31st. Robert W. Baird dropped their price target on shares of Teradyne from $140.00 to $133.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. UBS Group decreased their price objective on shares of Teradyne from $160.00 to $155.00 and set a “buy” rating for the company in a research report on Friday, January 31st. Susquehanna raised their target price on Teradyne from $145.00 to $165.00 and gave the company a “positive” rating in a research report on Wednesday, January 22nd. Finally, Craig Hallum reduced their price target on Teradyne from $124.00 to $111.00 and set a “hold” rating for the company in a report on Friday, October 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $143.77.

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.