Nebula Research & Development LLC increased its holdings in Teradyne, Inc. (NASDAQ:TER – Free Report) by 521.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 18,962 shares of the company’s stock after buying an additional 15,913 shares during the period. Nebula Research & Development LLC’s holdings in Teradyne were worth $2,388,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of TER. Roberts Glore & Co. Inc. IL grew its position in shares of Teradyne by 2.2% during the fourth quarter. Roberts Glore & Co. Inc. IL now owns 4,103 shares of the company’s stock worth $517,000 after acquiring an additional 90 shares during the last quarter. Covestor Ltd grew its position in Teradyne by 12.3% in the 4th quarter. Covestor Ltd now owns 901 shares of the company’s stock worth $113,000 after purchasing an additional 99 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Teradyne by 3.1% in the fourth quarter. GAMMA Investing LLC now owns 3,445 shares of the company’s stock valued at $434,000 after purchasing an additional 105 shares during the period. CIBC Private Wealth Group LLC raised its holdings in shares of Teradyne by 4.0% during the fourth quarter. CIBC Private Wealth Group LLC now owns 3,127 shares of the company’s stock valued at $429,000 after buying an additional 119 shares during the last quarter. Finally, Citizens Financial Group Inc. RI boosted its position in shares of Teradyne by 5.8% during the fourth quarter. Citizens Financial Group Inc. RI now owns 2,244 shares of the company’s stock worth $283,000 after buying an additional 124 shares during the period. Institutional investors own 99.77% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms recently commented on TER. Stifel Nicolaus lowered their target price on Teradyne from $125.00 to $110.00 and set a “hold” rating on the stock in a research report on Wednesday, March 12th. Cantor Fitzgerald lowered their price target on Teradyne from $150.00 to $110.00 and set an “overweight” rating on the stock in a report on Wednesday, March 12th. Susquehanna cut their price objective on shares of Teradyne from $165.00 to $155.00 and set a “positive” rating on the stock in a research note on Wednesday, March 12th. KeyCorp reiterated a “sector weight” rating on shares of Teradyne in a research report on Thursday, April 17th. Finally, Robert W. Baird dropped their price target on shares of Teradyne from $140.00 to $110.00 and set an “outperform” rating on the stock in a research report on Thursday, March 13th. Two research analysts have rated the stock with a sell rating, four have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Teradyne has a consensus rating of “Moderate Buy” and a consensus target price of $118.94.
Teradyne Price Performance
Shares of TER opened at $77.30 on Friday. Teradyne, Inc. has a one year low of $65.77 and a one year high of $163.21. The company has a 50-day moving average of $89.03 and a two-hundred day moving average of $109.42. The stock has a market cap of $12.43 billion, a price-to-earnings ratio of 23.21, a PEG ratio of 2.83 and a beta of 1.65.
Teradyne (NASDAQ:TER – Get Free Report) last posted 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%. Analysts anticipate that Teradyne, Inc. will post 3.88 earnings per share for the current year.
Teradyne Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.62%. The ex-dividend date of this dividend was Friday, February 14th. Teradyne’s dividend payout ratio is currently 14.41%.
Insider Buying and Selling at Teradyne
In related news, CFO Sanjay Mehta sold 1,789 shares of the stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total transaction of $215,592.39. Following the completion of the sale, the chief financial officer now directly owns 33,308 shares in the company, valued at approximately $4,013,947.08. This trade represents a 5.10 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Richard John Burns sold 407 shares of Teradyne stock in a transaction on Tuesday, January 28th. The shares were 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 of the company’s stock, valued at approximately $2,502,269.64. The trade was a 1.92 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 5,399 shares of company stock valued at $612,734 in the last 90 days. 0.16% of the stock is currently owned by corporate insiders.
Teradyne Company 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.
Recommended Stories
- Five stocks we like better than Teradyne
- How to Buy Gold Stock and Invest in Gold
- 2 Strong Utilities Plays With Booming Earnings and Room to Grow
- With Risk Tolerance, One Size Does Not Fit All
- Why Smart Investors Don’t Panic in Election Season
- What is the MACD Indicator and How to Use it in Your Trading
- Now Is the Time to Buy ServiceNow—The Rebound Is Real
Want to see what other hedge funds are holding TER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradyne, Inc. (NASDAQ:TER – Free Report).
Receive News & Ratings for Teradyne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradyne and related companies with MarketBeat.com's FREE daily email newsletter.