Nykredit A S Purchases Shares of 75,448 Teradyne, Inc. $TER

Nykredit A S acquired a new position in shares of Teradyne, Inc. (NASDAQ:TERFree Report) during the second quarter, HoldingsChannel reports. The institutional investor acquired 75,448 shares of the company’s stock, valued at approximately $36,505,000.

Several other institutional investors have also modified their holdings of the stock. Community Financial Services Group LLC acquired a new position in shares of Teradyne in the 2nd quarter valued at $29,000. Elevation Wealth Partners LLC raised its stake in Teradyne by 1,320.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 71 shares of the company’s stock worth $34,000 after acquiring an additional 66 shares in the last quarter. Mcdonald Partners LLC acquired a new stake in Teradyne during the 2nd quarter worth $36,000. Hilltop National Bank purchased a new stake in Teradyne in the second quarter valued at $41,000. Finally, McIlrath & Eck LLC purchased a new stake in Teradyne in the first quarter valued at $30,000. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on TER shares. Zacks Research upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. UBS Group lifted their target price on Teradyne from $440.00 to $500.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. Weiss Ratings raised Teradyne from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, August 20th. Morgan Stanley upped their target price on Teradyne from $387.00 to $397.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Finally, Evercore restated an “outperform” rating and set a $420.00 price target on shares of Teradyne in a research note on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Teradyne has an average rating of “Moderate Buy” and a consensus price target of $396.80.

Read Our Latest Analysis on Teradyne

Teradyne Price Performance

Shares of NASDAQ:TER opened at $338.59 on Friday. Teradyne, Inc. has a 1-year low of $109.56 and a 1-year high of $487.91. The stock has a market cap of $52.94 billion, a P/E ratio of 46.45, a P/E/G ratio of 0.69 and a beta of 1.78. The firm has a fifty day moving average price of $372.18 and a 200 day moving average price of $358.05.

Teradyne (NASDAQ:TERGet Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.38. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the business posted $0.57 earnings per share. Teradyne’s quarterly revenue was up 103.9% on a year-over-year basis. Sell-side analysts expect that Teradyne, Inc. will post 9.1 EPS for the current fiscal year.

Teradyne Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.2%. Teradyne’s dividend payout ratio (DPR) is currently 7.13%.

Key Headlines Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

Insider Transactions at Teradyne

In related news, CEO Gregory Smith sold 4,000 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $425.00, for a total value of $1,700,000.00. Following the transaction, the chief executive officer owned 112,495 shares in the company, valued at $47,810,375. The trade was a 3.43% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.19% of the stock is owned by company insiders.

Teradyne Company Profile

(Free Report)

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.

Featured Stories

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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