Teradyne, Inc. (NASDAQ:TER) Shares Sold by Truvestments Capital LLC

Truvestments Capital LLC lessened its stake in Teradyne, Inc. (NASDAQ:TER) by 6.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,248 shares of the company’s stock after selling 153 shares during the period. Truvestments Capital LLC’s holdings in Teradyne were worth $283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Venturi Wealth Management LLC increased its position in shares of Teradyne by 33.6% during the third quarter. Venturi Wealth Management LLC now owns 3,275 shares of the company’s stock worth $439,000 after purchasing an additional 823 shares in the last quarter. Apollon Wealth Management LLC increased its position in shares of 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 in the last quarter. Entropy Technologies LP acquired a new stake in shares of 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 worth $11,977,000 after purchasing an additional 5,686 shares in the last quarter. Finally, Parametrica Management Ltd acquired a new stake in shares of Teradyne during the third quarter worth about $222,000. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne Trading Down 0.4 %

Shares of TER opened at $86.74 on Thursday. Teradyne, Inc. has a twelve month low of $82.98 and a twelve month high of $163.21. The stock’s 50 day moving average is $119.30 and its two-hundred day moving average is $120.95. The firm has a market capitalization of $14.03 billion, a PE ratio of 26.05, a P/E/G ratio of 2.83 and a beta of 1.46.

Teradyne (NASDAQ:TER) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $0.95 earnings per share 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%. On average, sell-side analysts predict that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend is Friday, February 14th. Teradyne’s dividend payout ratio (DPR) is 14.41%.

Insider Transactions at Teradyne

In other news, CEO Gregory Stephen Smith sold 3,080 shares of the business’s stock in a transaction that occurred 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 sale, the chief executive officer now owns 74,660 shares of the company’s stock, valued at $9,705,800. The trade was a 3.96 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Richard John Burns sold 407 shares of the business’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total value of $49,047.57. Following the sale, the insider now directly owns 20,764 shares in the company, valued at $2,502,269.64. This trade represents a 1.92 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,479 shares of company stock valued at $1,013,134 in the last quarter. 0.36% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on TER shares. KeyCorp cut their target price on Teradyne from $150.00 to $140.00 and set an “overweight” rating on the stock in a research report on Wednesday. Northland Capmk raised Teradyne from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. TD Cowen lowered their price target on Teradyne from $135.00 to $110.00 and set a “buy” rating on the stock in a report on Wednesday. Bank of America lowered their price target on Teradyne from $100.00 to $85.00 and set an “underperform” rating on the stock in a report on Wednesday. Finally, Stifel Nicolaus lowered their price target on Teradyne from $125.00 to $110.00 and set a “hold” rating on the stock in a report on Wednesday. Two research analysts have rated the stock with a sell rating, three have given a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $125.13.

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.