AG2R LA Mondiale Gestion D Actifs Acquires New Shares in Teradyne, Inc. $TER

AG2R LA Mondiale Gestion D Actifs acquired a new stake in Teradyne, Inc. (NASDAQ:TERFree Report) during the fourth quarter, Holdings Channel reports. The fund acquired 7,471 shares of the company’s stock, valued at approximately $1,446,000.

Other large investors have also recently added to or reduced their stakes in the company. ARK Investment Management LLC raised its position in Teradyne by 25.2% in the third quarter. ARK Investment Management LLC now owns 2,722,327 shares of the company’s stock valued at $374,701,000 after purchasing an additional 548,140 shares during the period. Nordea Investment Management AB raised its position in Teradyne by 656.4% in the fourth quarter. Nordea Investment Management AB now owns 125,312 shares of the company’s stock valued at $24,554,000 after purchasing an additional 108,745 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH raised its position in Teradyne by 9.2% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 91,120 shares of the company’s stock valued at $12,542,000 after purchasing an additional 7,648 shares during the period. Assenagon Asset Management S.A. raised its position in Teradyne by 3,233.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 910,023 shares of the company’s stock valued at $176,144,000 after purchasing an additional 882,723 shares during the period. Finally, Aspen Wealth Strategies LLC purchased a new stake in Teradyne in the third quarter valued at approximately $577,000. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Teradyne

In other Teradyne news, VP Ryan Driscoll sold 680 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $377.60, for a total value of $256,768.00. Following the completion of the transaction, the vice president owned 7,665 shares in the company, valued at $2,894,304. This represents a 8.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.19% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Robert W. Baird set a $350.00 target price on Teradyne in a research report on Thursday, April 30th. Northland Securities reissued a “market perform” rating and issued a $270.00 target price on shares of Teradyne in a research report on Wednesday, February 4th. Morgan Stanley set a $387.00 target price on Teradyne in a research report on Thursday, April 30th. Weiss Ratings raised Teradyne from a “hold (c)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Finally, Zacks Research lowered Teradyne from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Twelve analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Teradyne has a consensus rating of “Moderate Buy” and an average price target of $339.80.

Check Out Our Latest Analysis on Teradyne

Trending Headlines about Teradyne

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Teradyne Price Performance

NASDAQ TER opened at $358.45 on Wednesday. Teradyne, Inc. has a 1 year low of $75.99 and a 1 year high of $422.11. The company has a market capitalization of $56.11 billion, a PE ratio of 66.38, a P/E/G ratio of 1.51 and a beta of 1.79. The company has a fifty day moving average of $333.29 and a two-hundred day moving average of $260.01.

Teradyne (NASDAQ:TERGet Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $2.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.11 by $0.45. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the prior year, the firm posted $0.75 earnings per share. Teradyne’s revenue for the quarter was up 87.0% on a year-over-year basis. On average, research analysts expect that Teradyne, Inc. will post 7.09 earnings per share for the current year.

Teradyne Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Thursday, May 21st will be paid a $0.13 dividend. This is a boost from Teradyne’s previous quarterly dividend of $0.12. This represents a $0.52 annualized dividend and a yield of 0.1%. The ex-dividend date is Thursday, May 21st. Teradyne’s payout ratio is currently 9.63%.

Teradyne Profile

(Free Report)

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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