3,866 Shares in Teradyne, Inc. (NASDAQ:TER) Purchased by Argentarii LLC

Argentarii LLC purchased a new stake in Teradyne, Inc. (NASDAQ:TER) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,866 shares of the company’s stock, valued at approximately $487,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Amundi grew its holdings in Teradyne by 87.0% in the 4th quarter. Amundi now owns 844,563 shares of the company’s stock valued at $115,832,000 after buying an additional 392,870 shares during the period. Rialto Wealth Management LLC purchased a new stake in Teradyne in the 4th quarter valued at about $91,000. Larson Financial Group LLC grew its holdings in Teradyne by 18.2% in the 4th quarter. Larson Financial Group LLC now owns 1,987 shares of the company’s stock valued at $250,000 after buying an additional 306 shares during the period. AMF Tjanstepension AB purchased a new stake in Teradyne in the 4th quarter valued at about $2,150,000. Finally, PNC Financial Services Group Inc. grew its holdings in Teradyne by 6.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 20,183 shares of the company’s stock valued at $2,541,000 after buying an additional 1,183 shares during the period. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Insider Buying and Selling

In related news, CEO Gregory Stephen Smith sold 3,080 shares of the company’s stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the completion of the transaction, the chief executive officer now directly owns 74,660 shares in the company, valued at $9,705,800. This represents a 3.96 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Sanjay Mehta sold 1,789 shares of the company’s stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total value of $215,592.39. Following the transaction, the chief financial officer now owns 33,308 shares of the company’s stock, valued at approximately $4,013,947.08. The trade was a 5.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,479 shares of company stock worth $1,013,134 in the last three months. 0.36% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on TER shares. Morgan Stanley cut Teradyne from an “equal weight” rating to an “underweight” rating and decreased their target price for the stock from $121.00 to $117.00 in a report on Tuesday, January 21st. Susquehanna boosted their target price on Teradyne from $145.00 to $165.00 and gave the stock a “positive” rating in a report on Wednesday, January 22nd. UBS Group decreased their target price on Teradyne from $160.00 to $155.00 and set a “buy” rating for the company in a report on Friday, January 31st. Vertical Research started coverage on Teradyne in a report on Friday. They set a “buy” rating and a $135.00 target price for the company. Finally, Northland Capmk upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $143.14.

Teradyne Trading Up 3.0 %

Shares of NASDAQ TER opened at $108.54 on Friday. Teradyne, Inc. has a twelve month low of $95.80 and a twelve month high of $163.21. The company has a market capitalization of $17.55 billion, a price-to-earnings ratio of 32.59, a price-to-earnings-growth ratio of 2.83 and a beta of 1.46. The business has a 50 day simple moving average of $121.30 and a 200-day simple moving average of $121.81.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. As a group, equities analysts predict that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne declared that its board has initiated a stock buyback program on Monday, November 11th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the company to buy up to 0.6% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Teradyne Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 14th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a yield of 0.44%. Teradyne’s payout ratio is currently 14.41%.

About Teradyne

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.