Teradyne, Inc. (NASDAQ:TER) Shares Sold by AtonRa Partners

AtonRa Partners lowered its position in Teradyne, Inc. (NASDAQ:TER) by 11.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,753 shares of the company’s stock after selling 482 shares during the quarter. AtonRa Partners’ holdings in Teradyne were worth $407,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC purchased a new position in Teradyne in the third quarter valued at about $26,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in shares of Teradyne during the third quarter worth about $27,000. CVA Family Office LLC purchased a new stake in shares of Teradyne during the fourth quarter worth about $33,000. Venturi Wealth Management LLC purchased a new stake in shares of Teradyne during the third quarter worth about $36,000. Finally, NBC Securities Inc. purchased a new stake in shares of Teradyne during the third quarter worth about $37,000. 99.77% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Teradyne

In other news, CFO Sanjay Mehta sold 8,653 shares of the business’s stock in a transaction that occurred on Tuesday, January 30th. The stock was sold at an average price of $105.10, for a total transaction of $909,430.30. Following the completion of the transaction, the chief financial officer now directly owns 31,180 shares in the company, valued at $3,277,018. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CFO Sanjay Mehta sold 8,653 shares of the business’s stock in a transaction that occurred on Tuesday, January 30th. The stock was sold at an average price of $105.10, for a total transaction of $909,430.30. Following the sale, the chief financial officer now owns 31,180 shares of the company’s stock, valued at $3,277,018. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Ernest E. Maddock bought 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The shares were purchased at an average cost of $94.07 per share, for a total transaction of $94,070.00. Following the acquisition, the director now owns 4,728 shares of the company’s stock, valued at $444,762.96. The disclosure for this purchase can be found here. Insiders own 0.18% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on TER shares. Robert W. Baird lifted their target price on Teradyne from $110.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday. Susquehanna lifted their target price on Teradyne from $125.00 to $130.00 and gave the stock a “positive” rating in a research report on Friday. The Goldman Sachs Group boosted their price objective on Teradyne from $107.00 to $118.00 and gave the company a “neutral” rating in a report on Friday. Cantor Fitzgerald reissued a “neutral” rating and issued a $110.00 price objective on shares of Teradyne in a report on Thursday. Finally, JPMorgan Chase & Co. boosted their price objective on Teradyne from $100.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, April 11th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $117.83.

Teradyne Stock Up 3.6 %

TER stock traded up $4.16 during midday trading on Monday, reaching $118.29. The company had a trading volume of 2,184,067 shares, compared to its average volume of 1,927,556. The stock has a 50 day moving average price of $105.62 and a 200 day moving average price of $100.55. Teradyne, Inc. has a fifty-two week low of $81.07 and a fifty-two week high of $119.20. The firm has a market capitalization of $18.09 billion, a PE ratio of 43.40 and a beta of 1.56.

Teradyne (NASDAQ:TER) last issued its earnings results on Wednesday, April 24th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.18. The company had revenue of $599.82 million during the quarter, compared to the consensus estimate of $566.31 million. Teradyne had a return on equity of 18.88% and a net margin of 16.15%. Teradyne’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.55 earnings per share. Research analysts predict that Teradyne, Inc. will post 2.87 EPS for the current year.

Teradyne Company Profile

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.