Gregory Stephen Smith Sells 3,080 Shares of Teradyne, Inc. (NASDAQ:TER) Stock

Teradyne, Inc. (NASDAQ:TER) CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $132.80, for a total value of $409,024.00. Following the sale, the chief executive officer now directly owns 80,736 shares in the company, valued at approximately $10,721,740.80. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Gregory Stephen Smith also recently made the following trade(s):

• On Wednesday, September 11th, Gregory Stephen Smith sold 3,080 shares of Teradyne stock. The shares were sold at an average price of $130.00, for a total transaction of $400,400.00.

Teradyne Stock Performance

NASDAQ TER opened at $130.50 on Friday. The stock has a market capitalization of $21.29 billion, a P/E ratio of 49.62, a P/E/G ratio of 2.69 and a beta of 1.49. Teradyne, Inc. has a 1 year low of $81.07 and a 1 year high of $163.21. The business’s fifty day moving average is $128.59 and its two-hundred day moving average is $129.80.

Teradyne (NASDAQ:TER) last announced its earnings results on Wednesday, July 24th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.09. Teradyne had a net margin of 18.33% and a return on equity of 18.77%. The company had revenue of $729.88 million for the quarter, compared to the consensus estimate of $701.20 million. During the same period in the previous year, the business earned $0.79 EPS. The company’s revenue was up 6.6% on a year-over-year basis. On average, research analysts forecast that Teradyne, Inc. will post 3.02 earnings per share for the current year.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 5th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.37%. The ex-dividend date was Thursday, September 5th. Teradyne’s dividend payout ratio (DPR) is currently 18.25%.

Institutional Trading of Teradyne

Several large investors have recently added to or reduced their stakes in TER. Van ECK Associates Corp raised its stake in Teradyne by 10.4% during the 1st quarter. Van ECK Associates Corp now owns 4,815,017 shares of the company’s stock valued at $543,278,000 after purchasing an additional 453,926 shares during the period. Swedbank AB grew its holdings in shares of Teradyne by 198.8% during the 2nd quarter. Swedbank AB now owns 641,614 shares of the company’s stock valued at $95,145,000 after acquiring an additional 426,900 shares in the last quarter. Ossiam grew its holdings 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 acquiring an additional 416,898 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in shares of Teradyne by 4,854.1% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 398,009 shares of the company’s stock valued at $44,907,000 after acquiring an additional 389,975 shares in the last quarter. Finally, Nordea Investment Management AB grew its holdings in shares of Teradyne by 14.6% during the 1st quarter. Nordea Investment Management AB now owns 3,028,930 shares of the company’s stock valued at $342,178,000 after acquiring an additional 385,115 shares in the last quarter. 99.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on TER shares. Cantor Fitzgerald upgraded shares of Teradyne from a “neutral” rating to an “overweight” rating and set a $160.00 price objective on the stock in a research note on Friday, August 16th. Susquehanna raised their price objective on shares of Teradyne from $130.00 to $145.00 and gave the company a “positive” rating in a research note on Friday, July 26th. Citigroup lowered their price objective on shares of Teradyne from $185.00 to $162.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Northland Securities lowered their price objective on shares of Teradyne from $136.00 to $126.00 and set a “market perform” rating on the stock in a research note on Friday, July 26th. Finally, Evercore ISI lowered shares of Teradyne from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 26th. One analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $141.50.

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.