Teradyne, Inc. (NASDAQ:TER) Shares Sold by Barrett & Company Inc.

by · The Cerbat Gem

Barrett & Company Inc. cut its position in shares of Teradyne, Inc. (NASDAQ:TER – Free Report) by 19.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 440 shares of the company’s stock after selling 107 shares during the quarter. Barrett & Company Inc.’s holdings in Teradyne were worth $59,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Van ECK Associates Corp boosted its stake in shares of Teradyne by 10.4% during the 1st quarter. Van ECK Associates Corp now owns 4,815,017 shares of the company’s stock worth $543,278,000 after acquiring an additional 453,926 shares in the last quarter. Swedbank AB raised its position in Teradyne by 198.8% during the second quarter. Swedbank AB now owns 641,614 shares of the company’s stock valued at $95,145,000 after buying an additional 426,900 shares during the period. Ossiam lifted its position in shares of Teradyne by 13,540.0% in the first quarter. Ossiam now owns 419,977 shares of the company’s stock worth $47,386,000 after purchasing an additional 416,898 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in Teradyne by 4,854.1% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 398,009 shares of the company’s stock worth $44,907,000 after buying an additional 389,975 shares in the last quarter. Finally, Nordea Investment Management AB raised its holdings in shares of Teradyne by 14.6% during the first quarter. Nordea Investment Management AB now owns 3,028,930 shares of the company’s stock worth $342,178,000 after acquiring an additional 385,115 shares in the last quarter. Institutional investors own 99.77% of the company’s stock.

Wall Street Analysts Forecast Growth

TER has been the subject of several research reports. Evercore ISI lifted their price target on Teradyne from $130.00 to $145.00 and gave the company an “overweight” rating in a report on Wednesday, October 9th. KeyCorp boosted their price target on Teradyne from $160.00 to $180.00 and gave the stock an “overweight” rating in a research report on Friday, July 12th. Stifel Nicolaus lowered their price objective on Teradyne from $140.00 to $125.00 and set a “hold” rating on the stock in a report on Friday. Citigroup cut their price objective on Teradyne from $185.00 to $162.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Finally, Robert W. Baird lowered their price target on Teradyne from $140.00 to $133.00 and set an “outperform” rating on the stock in a report on Friday. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, Teradyne presently has a consensus rating of “Hold” and an average price target of $142.62.

Get Our Latest Research Report on Teradyne

Insider Activity

In other Teradyne news, Director Mercedes Johnson sold 625 shares of the business’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $133.49, for a total value of $83,431.25. Following the transaction, the director now owns 16,518 shares of the company’s stock, valued at approximately $2,204,987.82. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Teradyne news, Director Mercedes Johnson sold 625 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $133.49, for a total value of $83,431.25. Following the completion of the sale, the director now owns 16,518 shares in the company, valued at approximately $2,204,987.82. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Sanjay Mehta sold 6,153 shares of the company’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total transaction of $818,718.18. Following the transaction, the chief financial officer now owns 35,834 shares in the company, valued at $4,768,072.04. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 14,977 shares of company stock worth $1,979,834. Insiders own 0.18% of the company’s stock.

Teradyne Stock Up 0.1 %

TER traded up $0.08 during midday trading on Monday, reaching $111.83. 292,112 shares of the company’s stock were exchanged, compared to its average volume of 2,013,124. Teradyne, Inc. has a one year low of $81.07 and a one year high of $163.21. The firm has a market capitalization of $18.25 billion, a price-to-earnings ratio of 35.48, a price-to-earnings-growth ratio of 2.46 and a beta of 1.49. The business has a 50-day simple moving average of $129.41 and a two-hundred day simple moving average of $132.05.

Teradyne (NASDAQ:TER – Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.78 by $0.12. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. The business had revenue of $737.30 million for the quarter, compared to analyst estimates of $716.40 million. During the same quarter in the previous year, the firm earned $0.80 EPS. Teradyne’s quarterly revenue was up 4.8% on a year-over-year basis. As a group, research analysts anticipate that Teradyne, Inc. will post 3.12 EPS for the current fiscal year.

Teradyne Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, September 5th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.43%. The ex-dividend date was Thursday, September 5th. Teradyne’s payout ratio is 15.24%.

About Teradyne

(Free Report)

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.

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