Teradyne, Inc. (NASDAQ:TER) Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC lessened its position in Teradyne, Inc. (NASDAQ:TER) by 8.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,232 shares of the company’s stock after selling 203 shares during the period. Farther Finance Advisors LLC’s holdings in Teradyne were worth $281,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Teradyne in the 3rd quarter worth $2,221,000. Van ECK Associates Corp increased its holdings in shares of Teradyne by 59.9% in the 4th quarter. Van ECK Associates Corp now owns 4,928,143 shares of the company’s stock valued at $620,552,000 after purchasing an additional 1,846,079 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of Teradyne by 87.1% in the 3rd quarter. Cerity Partners LLC now owns 11,371 shares of the company’s stock valued at $1,523,000 after purchasing an additional 5,294 shares in the last quarter. Proficio Capital Partners LLC purchased a new position in shares of Teradyne in the 4th quarter valued at about $12,118,000. Finally, Nomura Asset Management Co. Ltd. increased its holdings in shares of Teradyne by 17.6% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 77,092 shares of the company’s stock valued at $10,325,000 after purchasing an additional 11,541 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Wall Street Analysts Forecast Growth

TER has been the subject of a number of research analyst reports. Robert W. Baird cut their price target on shares of Teradyne from $140.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday, March 13th. JPMorgan Chase & Co. cut their price target on shares of Teradyne from $145.00 to $120.00 and set an “overweight” rating for the company in a report on Wednesday, March 12th. Northland Capmk upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. Northland Securities cut their price target on shares of Teradyne from $154.00 to $140.00 and set an “outperform” rating for the company in a report on Friday, January 31st. Finally, Morgan Stanley dropped their target price on shares of Teradyne from $112.00 to $81.00 and set an “underweight” rating for the company in a report on Friday, March 14th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Teradyne has a consensus rating of “Moderate Buy” and an average target price of $121.44.

Teradyne Price Performance

Shares of NASDAQ TER opened at $88.87 on Wednesday. The company has a market cap of $14.37 billion, a PE ratio of 26.69, a price-to-earnings-growth ratio of 2.83 and a beta of 1.46. Teradyne, Inc. has a 12 month low of $82.98 and a 12 month high of $163.21. The company has a 50-day simple moving average of $115.61 and a 200-day simple moving average of $119.55.

Teradyne (NASDAQ:TER) last released its earnings results 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 net margin of 19.23% and a return on equity of 19.08%. On average, analysts anticipate that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were given a $0.12 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.48 annualized dividend and a dividend yield of 0.54%. Teradyne’s dividend payout ratio is presently 14.41%.

Insider Buying and Selling

In other Teradyne news, insider Richard John Burns sold 445 shares of Teradyne stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $111.49, for a total transaction of $49,613.05. Following the transaction, the insider now directly owns 25,191 shares of the company’s stock, valued at $2,808,544.59. The trade was a 1.74 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 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 transaction of $400,400.00. Following the transaction, the chief executive officer now directly owns 74,660 shares in the company, valued at approximately $9,705,800. This trade represents a 3.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,479 shares of company stock valued at $1,013,134. Insiders own 0.36% of the company’s stock.

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.