Teradyne, Inc. $TER Holdings Decreased by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft decreased its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 40.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,874 shares of the company’s stock after selling 22,245 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Teradyne were worth $6,363,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of TER. Integrated Wealth Concepts LLC grew its stake in Teradyne by 12.8% in the first quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock valued at $342,000 after purchasing an additional 468 shares in the last quarter. Caxton Associates LLP purchased a new position in Teradyne in the first quarter valued at about $297,000. Cresset Asset Management LLC grew its stake in Teradyne by 11.6% in the second quarter. Cresset Asset Management LLC now owns 6,759 shares of the company’s stock valued at $608,000 after purchasing an additional 702 shares in the last quarter. NewEdge Advisors LLC grew its stake in Teradyne by 467.1% in the second quarter. NewEdge Advisors LLC now owns 3,408 shares of the company’s stock valued at $306,000 after purchasing an additional 2,807 shares in the last quarter. Finally, Treasurer of the State of North Carolina grew its stake in Teradyne by 5.1% in the second quarter. Treasurer of the State of North Carolina now owns 75,125 shares of the company’s stock valued at $6,755,000 after purchasing an additional 3,651 shares in the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Wall Street Analysts Forecast Growth

TER has been the topic of a number of recent research reports. Susquehanna boosted their target price on Teradyne from $335.00 to $415.00 and gave the company a “positive” rating in a research note on Thursday, April 9th. Robert W. Baird set a $350.00 price target on Teradyne in a research note 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. Morgan Stanley set a $387.00 price objective on Teradyne in a research report on Thursday, April 30th. Finally, TD Cowen reissued a “buy” rating on shares of Teradyne in a research report on Thursday, January 22nd. Twelve research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Teradyne currently has an average rating of “Moderate Buy” and an average target price of $339.80.

Insider Activity

In other news, VP Ryan Driscoll sold 680 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was 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 directly owned 7,665 shares of the company’s stock, valued at approximately $2,894,304. This represents a 8.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.19% of the company’s stock.

Teradyne Stock Up 1.4%

Teradyne stock opened at $363.39 on Thursday. The business has a 50 day moving average price of $334.04 and a two-hundred day moving average price of $261.55. The stock has a market cap of $56.89 billion, a price-to-earnings ratio of 67.29, a price-to-earnings-growth ratio of 1.47 and a beta of 1.79. Teradyne, Inc. has a 12 month low of $75.99 and a 12 month high of $422.11.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $2.56 EPS 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 during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter in the prior year, the firm posted $0.75 EPS. The company’s revenue for the quarter was up 87.0% on a year-over-year basis. On average, analysts expect that Teradyne, Inc. will post 7.09 earnings per share for the current fiscal year.

Teradyne Increases Dividend

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

Teradyne Company 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.