Teradyne, Inc. (NASDAQ:TER – Get Rating) insider Brad Robbins sold 2,710 shares of Teradyne stock in a transaction on Monday, January 23rd. The shares were sold at an average price of $100.00, for a total value of $271,000.00. Following the transaction, the insider now owns 44,898 shares in the company, valued at $4,489,800. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Teradyne Price Performance
Shares of NASDAQ TER traded up $0.42 during mid-day trading on Wednesday, hitting $103.44. 1,470,353 shares of the company’s stock traded hands, compared to its average volume of 1,441,950. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.03 and a quick ratio of 2.59. Teradyne, Inc. has a 1 year low of $67.81 and a 1 year high of $147.94. The company’s 50-day moving average is $91.97 and its two-hundred day moving average is $88.00. The company has a market capitalization of $16.11 billion, a P/E ratio of 23.14, a PEG ratio of 6.37 and a beta of 1.52.
Teradyne (NASDAQ:TER – Get Rating) last issued its quarterly earnings data on Wednesday, January 25th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $0.17. The business had revenue of $731.84 million for the quarter, compared to the consensus estimate of $711.84 million. Teradyne had a return on equity of 33.39% and a net margin of 23.38%. The company’s quarterly revenue was down 17.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.37 earnings per share. On average, equities analysts anticipate that Teradyne, Inc. will post 4.07 EPS for the current fiscal year.
Teradyne Dividend Announcement
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Lake Street Financial LLC lifted its holdings in shares of Teradyne by 6.3% in the 4th quarter. Lake Street Financial LLC now owns 6,167 shares of the company’s stock worth $539,000 after acquiring an additional 365 shares during the last quarter. Greenleaf Trust bought a new stake in Teradyne in the fourth quarter worth about $279,000. Fifth Third Bancorp boosted its position in shares of Teradyne by 23.8% during the fourth quarter. Fifth Third Bancorp now owns 9,389 shares of the company’s stock valued at $820,000 after buying an additional 1,806 shares during the period. Whittier Trust Co. of Nevada Inc. grew its stake in shares of Teradyne by 4,050.4% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 23,948 shares of the company’s stock valued at $2,092,000 after buying an additional 23,371 shares during the last quarter. Finally, Whittier Trust Co. raised its holdings in shares of Teradyne by 21,775.3% in the fourth quarter. Whittier Trust Co. now owns 43,313 shares of the company’s stock worth $3,783,000 after buying an additional 43,115 shares during the period. Institutional investors own 97.05% of the company’s stock.
Analysts Set New Price Targets
TER has been the topic of a number of analyst reports. Evercore ISI set a $110.00 price objective on Teradyne in a research report on Wednesday, November 23rd. Susquehanna Bancshares lifted their price target on shares of Teradyne from $83.00 to $100.00 in a report on Thursday, October 27th. Morgan Stanley reduced their price objective on shares of Teradyne from $116.00 to $92.00 and set an “equal weight” rating for the company in a research note on Thursday, October 27th. JPMorgan Chase & Co. decreased their price objective on shares of Teradyne from $105.00 to $85.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 12th. Finally, DA Davidson dropped their target price on shares of Teradyne from $120.00 to $105.00 in a report on Thursday, October 27th. Ten equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $96.20.
Teradyne, Inc engages in the development and sale of automatic test systems. It operates through the following segments: Semiconductor Test, Industrial Automation, System Test, Wireless Test, and Corporate and Other. The Semiconductor Test segment designs, manufactures, and markets semiconductor test products and services.
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