Chicago Equity Partners LLC reduced its holdings in Teradyne, Inc. (NYSE:TER) by 22.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 50,860 shares of the semiconductor company’s stock after selling 14,820 shares during the quarter. Chicago Equity Partners LLC’s holdings in Teradyne were worth $1,897,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. MML Investors Services LLC increased its position in Teradyne by 0.8% in the 2nd quarter. MML Investors Services LLC now owns 24,382 shares of the semiconductor company’s stock valued at $732,000 after acquiring an additional 188 shares during the period. IFP Advisors Inc increased its position in Teradyne by 4.6% in the 2nd quarter. IFP Advisors Inc now owns 4,806 shares of the semiconductor company’s stock valued at $144,000 after acquiring an additional 211 shares during the period. People s United Financial Inc. increased its position in Teradyne by 1.8% in the 2nd quarter. People s United Financial Inc. now owns 18,148 shares of the semiconductor company’s stock valued at $545,000 after acquiring an additional 316 shares during the period. PNC Financial Services Group Inc. increased its position in Teradyne by 6.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,207 shares of the semiconductor company’s stock valued at $224,000 after acquiring an additional 454 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC increased its position in Teradyne by 1.6% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 35,078 shares of the semiconductor company’s stock valued at $691,000 after acquiring an additional 559 shares during the period. Hedge funds and other institutional investors own 90.65% of the company’s stock.

In other Teradyne news, Director Edwin J. Gillis sold 41,000 shares of the company’s stock in a transaction on Tuesday, September 5th. The shares were sold at an average price of $35.63, for a total transaction of $1,460,830.00. Following the transaction, the director now owns 49,638 shares in the company, valued at $1,768,601.94. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Michael A. Bradley sold 22,168 shares of the company’s stock in a transaction on Friday, September 1st. The stock was sold at an average price of $35.64, for a total transaction of $790,067.52. Following the transaction, the director now owns 194,938 shares in the company, valued at approximately $6,947,590.32. The disclosure for this sale can be found here. Over the last three months, insiders have sold 136,012 shares of company stock worth $5,138,429. 0.62% of the stock is owned by insiders.

Teradyne, Inc. (TER) opened at $43.70 on Monday. The stock has a market cap of $8,572.09, a price-to-earnings ratio of 19.86, a P/E/G ratio of 1.64 and a beta of 1.04. Teradyne, Inc. has a 12 month low of $23.26 and a 12 month high of $44.04. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.67 and a current ratio of 4.96.

Teradyne (NYSE:TER) last issued its earnings results on Wednesday, October 25th. The semiconductor company reported $0.54 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.11. The business had revenue of $503.40 million for the quarter, compared to analyst estimates of $472.86 million. Teradyne had a net margin of 21.11% and a return on equity of 22.39%. Teradyne’s revenue was up 22.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.31 earnings per share. analysts predict that Teradyne, Inc. will post 2.22 EPS for the current year.

TER has been the topic of a number of analyst reports. BidaskClub raised shares of Teradyne from a “hold” rating to a “buy” rating in a research note on Thursday, August 17th. Cowen and Company set a $41.00 price objective on shares of Teradyne and gave the company a “buy” rating in a research note on Friday, July 28th. Stifel Nicolaus reaffirmed a “buy” rating on shares of Teradyne in a research note on Thursday, July 27th. Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Teradyne in a research note on Friday, September 1st. Finally, Zacks Investment Research raised shares of Teradyne from a “hold” rating to a “buy” rating and set a $39.00 price objective on the stock in a research note on Friday, August 25th. Two research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $40.17.

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About Teradyne

Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.

Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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