First Republic Investment Management Inc. grew its position in shares of Teradyne, Inc. (NYSE:TER) by 8.5% in the first quarter, Holdings Channel reports. The fund owned 87,552 shares of the semiconductor company’s stock after acquiring an additional 6,887 shares during the period. First Republic Investment Management Inc.’s holdings in Teradyne were worth $3,488,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its stake in Teradyne by 21.9% during the third quarter. LPL Financial LLC now owns 24,123 shares of the semiconductor company’s stock worth $892,000 after purchasing an additional 4,327 shares during the period. Marshall Wace LLP acquired a new stake in shares of Teradyne in the third quarter worth $6,362,000. Federated Investors Inc. PA increased its position in shares of Teradyne by 1,587.4% in the third quarter. Federated Investors Inc. PA now owns 1,341,352 shares of the semiconductor company’s stock worth $49,604,000 after acquiring an additional 1,261,861 shares in the last quarter. New England Research & Management Inc. acquired a new stake in shares of Teradyne in the fourth quarter worth $323,000. Finally, Fox Run Management L.L.C. acquired a new stake in shares of Teradyne in the fourth quarter worth $220,000.

Several equities research analysts have recently issued reports on TER shares. Craig Hallum lowered shares of Teradyne from a “buy” rating to a “hold” rating in a research report on Friday, February 22nd. Credit Suisse Group reissued a “hold” rating on shares of Teradyne in a research report on Friday, January 25th. Robert W. Baird raised shares of Teradyne from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $39.00 to $55.00 in a research report on Thursday, April 25th. Stifel Nicolaus dropped their price objective on shares of Teradyne from $47.00 to $42.50 and set a “buy” rating for the company in a research report on Wednesday, January 23rd. Finally, DA Davidson increased their price objective on shares of Teradyne to $48.00 and gave the stock a “neutral” rating in a research report on Thursday, April 25th. Eight analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $45.60.

In related news, insider Brad Robbins sold 10,000 shares of the firm’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $49.46, for a total transaction of $494,600.00. Following the completion of the sale, the insider now directly owns 43,840 shares of the company’s stock, valued at approximately $2,168,326.40. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Michael A. Bradley sold 27,049 shares of the firm’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $48.95, for a total transaction of $1,324,048.55. Following the sale, the director now directly owns 74,008 shares of the company’s stock, valued at $3,622,691.60. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 217,280 shares of company stock valued at $9,235,700. Company insiders own 0.49% of the company’s stock.

TER opened at $48.12 on Wednesday. The firm has a market cap of $8.41 billion, a P/E ratio of 20.56, a PEG ratio of 2.02 and a beta of 1.25. Teradyne, Inc. has a twelve month low of $28.73 and a twelve month high of $49.83. The company has a quick ratio of 3.76, a current ratio of 4.10 and a debt-to-equity ratio of 0.23.

Teradyne (NYSE:TER) last released its quarterly earnings results on Tuesday, April 23rd. The semiconductor company reported $0.54 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.10. The business had revenue of $494.00 million during the quarter, compared to analyst estimates of $476.23 million. Teradyne had a net margin of 9.81% and a return on equity of 23.50%. The business’s revenue was up 1.3% on a year-over-year basis. During the same period last year, the business earned $0.45 EPS. Equities analysts forecast that Teradyne, Inc. will post 2.25 earnings per share for the current year.

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Teradyne Profile

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.

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Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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