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

Andra AP fonden trimmed its position in Teradyne, Inc. (NASDAQ:TER) by 8.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 164,100 shares of the company’s stock after selling 15,800 shares during the period. Andra AP fonden’s holdings in Teradyne were worth $20,663,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Thrivent Financial for Lutherans boosted its holdings in Teradyne by 1.7% in the 3rd 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 boosted its holdings in Teradyne by 3.1% in the 4th quarter. GAMMA Investing LLC now owns 3,445 shares of the company’s stock worth $434,000 after buying an additional 105 shares during the last quarter. TD Private Client Wealth LLC boosted its holdings in Teradyne by 0.5% in the 3rd quarter. TD Private Client Wealth LLC now owns 19,904 shares of the company’s stock worth $2,666,000 after buying an additional 108 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in Teradyne by 5.4% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 2,577 shares of the company’s stock worth $324,000 after buying an additional 132 shares during the last quarter. Finally, Empirical Finance LLC boosted its holdings in Teradyne by 3.2% in the 3rd quarter. Empirical Finance LLC now owns 4,929 shares of the company’s stock worth $660,000 after buying an additional 153 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on TER shares. UBS Group decreased their target price on shares of Teradyne from $160.00 to $155.00 and set a “buy” rating on the stock in a research note on Friday, January 31st. Morgan Stanley lowered shares of Teradyne from an “equal weight” rating to an “underweight” rating and decreased their target price for the stock from $121.00 to $117.00 in a research note on Tuesday, January 21st. Northland Securities decreased their target price on shares of Teradyne from $154.00 to $140.00 and set an “outperform” rating on the stock in a research note on Friday, January 31st. Northland Capmk raised shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $160.00 target price on shares of Teradyne in a research note on Thursday, January 30th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Teradyne has a consensus rating of “Moderate Buy” and an average price target of $143.77.

Teradyne Stock Performance

TER stock opened at $105.39 on Friday. The firm has a market cap of $17.04 billion, a PE ratio of 31.65, a PEG ratio of 2.83 and a beta of 1.46. The firm’s 50 day moving average price is $121.70 and its 200-day moving average price is $122.06. Teradyne, Inc. has a one year low of $95.80 and a one year high of $163.21.

Teradyne (NASDAQ:TER) last announced its earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. Equities research analysts predict that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 14th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date is Friday, February 14th. Teradyne’s payout ratio is 14.41%.

Teradyne declared that its board has approved a stock buyback program on Monday, November 11th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to reacquire up to 0.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling at Teradyne

In other Teradyne news, CFO Sanjay Mehta sold 1,384 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $111.49, for a total value of $154,302.16. Following the completion of the transaction, the chief financial officer now owns 36,576 shares in the company, valued at $4,077,858.24. The trade was a 3.65 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Gregory Stephen Smith sold 3,080 shares of the business’s stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the completion of the transaction, the chief executive officer now owns 74,660 shares of the company’s stock, valued at approximately $9,705,800. This trade represents a 3.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,479 shares of company stock valued at $1,013,134 over the last quarter. 0.36% of the stock is owned by company insiders.

About Teradyne

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.