Teradyne, Inc. (NASDAQ:TER) Position Raised by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. raised its position in shares of Teradyne, Inc. (NASDAQ:TER) by 1.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 238,995 shares of the company’s stock after purchasing an additional 2,596 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Teradyne were worth $32,178,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of TER. Louisiana State Employees Retirement System boosted its stake in shares of Teradyne by 4.5% during the 3rd quarter. Louisiana State Employees Retirement System now owns 9,200 shares of the company’s stock worth $1,232,000 after acquiring an additional 400 shares in the last quarter. Outlook Wealth Advisors LLC boosted its stake in Teradyne by 4.0% in the 3rd quarter. Outlook Wealth Advisors LLC now owns 3,057 shares of the company’s stock worth $409,000 after purchasing an additional 118 shares during the period. Zweig DiMenna Associates LLC grew its position in Teradyne by 21.2% during the 3rd quarter. Zweig DiMenna Associates LLC now owns 147,658 shares of the company’s stock worth $19,776,000 after purchasing an additional 25,858 shares in the last quarter. IFM Investors Pty Ltd raised its stake in Teradyne by 1.3% during the 3rd quarter. IFM Investors Pty Ltd now owns 32,480 shares of the company’s stock valued at $4,350,000 after purchasing an additional 423 shares during the period. Finally, International Assets Investment Management LLC lifted its holdings in shares of Teradyne by 11,687.8% in the third quarter. International Assets Investment Management LLC now owns 173,635 shares of the company’s stock valued at $23,255,000 after purchasing an additional 172,162 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Teradyne news, CFO Sanjay Mehta sold 6,153 shares of the business’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $133.06, for a total transaction of $818,718.18. Following the completion of the transaction, the chief financial officer now owns 35,834 shares of the company’s stock, valued at $4,768,072.04. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Gregory Stephen Smith sold 3,080 shares of the firm’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $130.00, for a total value of $400,400.00. Following the sale, the chief executive officer now owns 83,816 shares in the company, valued at approximately $10,896,080. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Sanjay Mehta sold 6,153 shares of the business’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total transaction of $818,718.18. Following the transaction, the chief financial officer now directly owns 35,834 shares in the company, valued at $4,768,072.04. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 14,977 shares of company stock valued at $1,979,834. Company insiders own 0.36% of the company’s stock.

Teradyne Price Performance

Teradyne stock opened at $111.75 on Friday. Teradyne, Inc. has a one year low of $81.07 and a one year high of $163.21. The company’s fifty day moving average price is $129.41 and its two-hundred day moving average price is $131.73. The company has a market capitalization of $17.45 billion, a price-to-earnings ratio of 42.49, a PEG ratio of 2.57 and a beta of 1.49.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.12. Teradyne had a return on equity of 18.77% and a net margin of 18.33%. The business had revenue of $737.30 million for the quarter, compared to analyst estimates of $716.40 million. During the same quarter in the prior year, the firm posted $0.80 EPS. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. As a group, sell-side analysts anticipate that Teradyne, Inc. will post 3.02 earnings per share for the current year.

Teradyne Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, September 5th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date of this dividend was Thursday, September 5th. Teradyne’s payout ratio is 18.25%.

Analyst Ratings Changes

TER has been the topic of a number of research analyst reports. Craig Hallum lowered their price target on Teradyne from $124.00 to $111.00 and set a “hold” rating on the stock in a report on Friday. StockNews.com downgraded Teradyne from a “hold” rating to a “sell” rating in a report on Monday, October 21st. Robert W. Baird decreased their price target on shares of Teradyne from $140.00 to $133.00 and set an “outperform” rating for the company in a report on Friday. Susquehanna upped 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. Finally, Evercore ISI lifted their target price on shares of Teradyne from $130.00 to $145.00 and gave the company an “overweight” rating in a research note on Wednesday, October 9th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $138.71.

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.