Teradyne, Inc. (NASDAQ:TER) Shares Purchased by Parametrica Management Ltd

Parametrica Management Ltd raised its holdings in Teradyne, Inc. (NASDAQ:TER) by 59.6% in the fourth quarter, Holdings Channel reports. The fund owned 2,640 shares of the company’s stock after buying an additional 986 shares during the period. Parametrica Management Ltd’s holdings in Teradyne were worth $332,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of TER. Compass Financial Services Inc purchased a new stake in shares of Teradyne in the fourth quarter valued at approximately $33,000. AllSquare Wealth Management LLC increased its stake in shares of Teradyne by 200.0% in the 4th quarter. AllSquare Wealth Management LLC now owns 300 shares of the company’s stock worth $38,000 after acquiring an additional 200 shares during the last quarter. Manchester Capital Management LLC boosted its position in shares of Teradyne by 264.0% during the 4th quarter. Manchester Capital Management LLC now owns 313 shares of the company’s stock valued at $39,000 after acquiring an additional 227 shares during the last quarter. Murphy & Mullick Capital Management Corp acquired a new position in shares of Teradyne during the 4th quarter valued at about $45,000. Finally, Atala Financial Inc purchased a new stake in shares of Teradyne in the fourth quarter valued at about $47,000. 99.77% of the stock is owned by hedge funds and other institutional investors.

Teradyne Stock Down 1.2 %

NASDAQ TER opened at $89.95 on Wednesday. The stock has a market capitalization of $14.55 billion, a PE ratio of 27.01, a price-to-earnings-growth ratio of 2.83 and a beta of 1.46. The firm has a 50 day moving average of $110.99 and a two-hundred day moving average of $118.21. Teradyne, Inc. has a 52 week low of $82.98 and a 52 week high of $163.21.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. On average, equities research analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were paid a dividend of $0.12 per share. The ex-dividend date was Friday, February 14th. This represents a $0.48 annualized dividend and a dividend yield of 0.53%. Teradyne’s dividend payout ratio (DPR) is 14.41%.

Insider Activity at Teradyne

In related news, CFO Sanjay Mehta sold 1,789 shares of the stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $120.51, for a total transaction of $215,592.39. Following the completion of the transaction, the chief financial officer now directly owns 33,308 shares of the company’s stock, valued at $4,013,947.08. This represents a 5.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $130.00, for a total value of $400,400.00. Following the completion of the sale, 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 disclosure for this sale can be found here. Insiders have sold 8,479 shares of company stock worth $1,013,134 in the last quarter. Company insiders own 0.18% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on TER shares. Citigroup decreased their target price on shares of Teradyne from $130.00 to $100.00 and set a “buy” rating on the stock in a report on Wednesday, March 12th. TD Cowen decreased their price objective on Teradyne from $135.00 to $110.00 and set a “buy” rating on the stock in a report on Wednesday, March 12th. JPMorgan Chase & Co. lowered their price objective on Teradyne from $145.00 to $120.00 and set an “overweight” rating for the company in a research report on Wednesday, March 12th. Northland Capmk upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Finally, Vertical Research began coverage on Teradyne in a report on Friday, March 7th. They set a “buy” rating and a $135.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $121.44.

Teradyne 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.