1,918 Shares in Teradyne, Inc. $TER Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. acquired a new position in Teradyne, Inc. (NASDAQ:TER) in the 4th quarter, HoldingsChannel reports. The fund acquired 1,918 shares of the company’s stock, valued at approximately $371,000.

Other large investors also recently added to or reduced their stakes in the company. Davidson Capital Management Inc. purchased a new stake in Teradyne in the 3rd quarter worth about $31,000. CYBER HORNET ETFs LLC purchased a new stake in Teradyne in the 2nd quarter worth about $35,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Teradyne in the 4th quarter worth about $37,000. KERR FINANCIAL PLANNING Corp purchased a new stake in Teradyne in the 3rd quarter worth about $41,000. Finally, True Wealth Design LLC increased its holdings in Teradyne by 49.6% in the 4th quarter. True Wealth Design LLC now owns 211 shares of the company’s stock worth $41,000 after acquiring an additional 70 shares during the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Insider Transactions at Teradyne

In other news, insider Shannon John Poulin sold 1,008 shares of the business’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $345.37, for a total transaction of $348,132.96. Following the completion of the transaction, the insider owned 15,066 shares of the company’s stock, valued at approximately $5,203,344.42. The trade was a 6.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory Stephen Smith sold 8,597 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $338.98, for a total value of $2,914,211.06. Following the transaction, the chief executive officer directly owned 124,470 shares of the company’s stock, valued at $42,192,840.60. The trade was a 6.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 10,941 shares of company stock valued at $3,751,992. 0.19% of the stock is owned by corporate insiders.

Teradyne Stock Down 2.2%

Shares of TER opened at $374.31 on Friday. The business’s 50-day moving average price is $348.35 and its 200-day moving average price is $276.44. Teradyne, Inc. has a twelve month low of $77.02 and a twelve month high of $422.11. The stock has a market cap of $58.59 billion, a PE ratio of 69.32, a P/E/G ratio of 1.54 and a beta of 1.79.

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

Teradyne Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Thursday, May 21st will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Thursday, May 21st. This is a positive change from Teradyne’s previous quarterly dividend of $0.12. This represents a $0.52 annualized dividend and a dividend yield of 0.1%. Teradyne’s payout ratio is presently 9.63%.

Analysts Set New Price Targets

TER has been the subject of several recent research reports. Northland Securities reissued a “market perform” rating and issued a $270.00 price objective on shares of Teradyne in a report on Wednesday, February 4th. UBS Group upped their price target on Teradyne from $325.00 to $440.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Robert W. Baird set a $350.00 price target on Teradyne in a research report on Thursday, April 30th. Morgan Stanley set a $387.00 price target on Teradyne in a research report on Thursday, April 30th. Finally, Zacks Research upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Teradyne has an average rating of “Moderate Buy” and an average target price of $339.80.

Teradyne Profile

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.