Swiss National Bank Sells 2,400 Shares of Teradyne, Inc. (NASDAQ:TER)

Swiss National Bank reduced its stake in Teradyne, Inc. (NASDAQ:TER) by 0.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 460,900 shares of the company’s stock after selling 2,400 shares during the period. Swiss National Bank owned approximately 0.28% of Teradyne worth $58,037,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Compass Financial Services Inc bought a new stake in shares of Teradyne during the 4th quarter valued at $33,000. Manchester Capital Management LLC lifted its position in Teradyne by 264.0% during the fourth quarter. Manchester Capital Management LLC now owns 313 shares of the company’s stock worth $39,000 after purchasing an additional 227 shares during the period. Coastline Trust Co acquired a new stake in Teradyne during the third quarter worth about $46,000. Brooklyn Investment Group bought a new position in Teradyne in the 3rd quarter valued at about $52,000. Finally, Quarry LP raised its position in shares of Teradyne by 91.9% in the 3rd quarter. Quarry LP now owns 451 shares of the company’s stock valued at $60,000 after buying an additional 216 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on TER. Citigroup reduced their price target on shares of Teradyne from $130.00 to $100.00 and set a “buy” rating on the stock in a research report on Wednesday. Northland Securities lowered their price target on Teradyne from $154.00 to $140.00 and set an “outperform” rating for the company in a report on Friday, January 31st. Susquehanna reduced their price objective on Teradyne from $165.00 to $155.00 and set a “positive” rating on the stock in a research note on Wednesday. Bank of America lowered their target price on Teradyne from $100.00 to $85.00 and set an “underperform” rating for the company in a research note on Wednesday. Finally, Stifel Nicolaus reduced their price target on shares of Teradyne from $125.00 to $110.00 and set a “hold” rating on the stock in a research note on Wednesday. Two research analysts have rated the stock with a sell rating, three have given a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $121.44.

Teradyne Trading Up 1.7 %

NASDAQ TER opened at $86.74 on Friday. The firm has a market capitalization of $14.03 billion, a PE ratio of 26.05, a price-to-earnings-growth ratio of 2.83 and a beta of 1.46. The business’s 50-day moving average price is $117.60 and its two-hundred day moving average price is $120.28. Teradyne, Inc. has a 12 month low of $82.98 and a 12 month high of $163.21.

Teradyne (NASDAQ:TER) last announced its earnings results on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, beating 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%. As a group, analysts forecast that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend was Friday, February 14th. Teradyne’s dividend payout ratio is presently 14.41%.

Insider Buying and Selling at Teradyne

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

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.