MJP Associates Inc. ADV Purchases 127 Shares of Teradyne, Inc. (NASDAQ:TER)

MJP Associates Inc. ADV boosted its position in shares of Teradyne, Inc. (NASDAQ:TER) by 3.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,383 shares of the company’s stock after buying an additional 127 shares during the period. MJP Associates Inc. ADV’s holdings in Teradyne were worth $502,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Teradyne during the 4th quarter valued at about $188,873,000. Van ECK Associates Corp raised its position in Teradyne by 26.9% during the fourth quarter. Van ECK Associates Corp now owns 4,361,091 shares of the company’s stock valued at $473,265,000 after purchasing an additional 923,612 shares during the period. Boston Partners lifted its stake in shares of Teradyne by 23.2% in the 4th quarter. Boston Partners now owns 2,896,349 shares of the company’s stock valued at $314,324,000 after purchasing an additional 544,482 shares during the last quarter. KBC Group NV boosted its holdings in shares of Teradyne by 1,544.3% in the 4th quarter. KBC Group NV now owns 473,221 shares of the company’s stock worth $51,354,000 after purchasing an additional 444,442 shares during the period. Finally, Ossiam increased its position in shares of Teradyne by 13,540.0% during the 1st quarter. Ossiam now owns 419,977 shares of the company’s stock valued at $47,386,000 after purchasing an additional 416,898 shares during the last quarter. 99.77% of the stock is owned by institutional investors.

Insider Transactions at Teradyne

In other Teradyne news, insider Richard John Burns sold 5,005 shares of Teradyne stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $137.64, for a total transaction of $688,888.20. Following the completion of the transaction, the insider now owns 21,780 shares in the company, valued at approximately $2,997,799.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Richard John Burns sold 5,005 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $137.64, for a total transaction of $688,888.20. Following the sale, the insider now owns 21,780 shares of the company’s stock, valued at approximately $2,997,799.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mercedes Johnson sold 625 shares of Teradyne stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $128.77, for a total transaction of $80,481.25. Following the transaction, the director now directly owns 17,143 shares of the company’s stock, valued at $2,207,504.11. The disclosure for this sale can be found here. Insiders have sold 6,255 shares of company stock worth $859,269 over the last 90 days. 0.36% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

TER has been the topic of a number of recent analyst reports. Northland Capmk lowered shares of Teradyne from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 18th. Evercore ISI cut Teradyne from a “strong-buy” rating to a “hold” rating in a report on Friday, July 26th. Stifel Nicolaus upped their price objective on Teradyne from $100.00 to $150.00 and gave the company a “hold” rating in a research report on Tuesday, July 16th. Northland Securities decreased their target price on Teradyne from $136.00 to $126.00 and set a “market perform” rating for the company in a research report on Friday, July 26th. Finally, UBS Group upped their price target on shares of Teradyne from $130.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, June 18th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $142.93.

Teradyne Price Performance

NASDAQ TER traded down $1.16 during trading on Friday, hitting $121.72. The company’s stock had a trading volume of 1,188,985 shares, compared to its average volume of 2,091,779. Teradyne, Inc. has a fifty-two week low of $81.07 and a fifty-two week high of $163.21. The company has a market cap of $19.00 billion, a PE ratio of 46.28, a P/E/G ratio of 2.43 and a beta of 1.50. The business’s 50 day simple moving average is $142.69 and its 200-day simple moving average is $122.48.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.09. The business had revenue of $729.88 million during the quarter, compared to analysts’ expectations of $701.20 million. Teradyne had a net margin of 18.33% and a return on equity of 18.77%. During the same quarter last year, the company posted $0.79 earnings per share. The business’s quarterly revenue was up 6.6% on a year-over-year basis. Analysts expect that Teradyne, Inc. will post 3.02 EPS for the current fiscal 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.