Inscription Capital LLC Takes $209,000 Position in Teradyne, Inc. (NASDAQ:TER)

Inscription Capital LLC purchased a new position in shares of Teradyne, Inc. (NASDAQ:TER) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,563 shares of the company’s stock, valued at approximately $209,000.

A number of other hedge funds have also added to or reduced their stakes in TER. Exchange Capital Management Inc. raised its holdings in shares of Teradyne by 7.4% during the 1st quarter. Exchange Capital Management Inc. now owns 4,011 shares of the company’s stock worth $453,000 after buying an additional 275 shares in the last quarter. Bourgeon Capital Management LLC grew its position in Teradyne by 0.7% during the 1st quarter. Bourgeon Capital Management LLC now owns 100,807 shares of the company’s stock worth $11,374,000 after acquiring an additional 697 shares during the last quarter. First Trust Direct Indexing L.P. raised its position in Teradyne by 17.1% in the first quarter. First Trust Direct Indexing L.P. now owns 2,992 shares of the company’s stock valued at $338,000 after purchasing an additional 438 shares during the last quarter. Marshall Financial Group LLC boosted its stake in shares of Teradyne by 10.4% during the first quarter. Marshall Financial Group LLC now owns 9,108 shares of the company’s stock valued at $1,028,000 after purchasing an additional 857 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of Teradyne by 8.5% during the first quarter. Commonwealth Equity Services LLC now owns 14,853 shares of the company’s stock worth $1,676,000 after purchasing an additional 1,159 shares during the last quarter. 99.77% of the stock is owned by institutional investors.

Insider Activity

In other Teradyne news, Director Mercedes Johnson sold 625 shares of the business’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $133.49, for a total value of $83,431.25. Following the transaction, the director now owns 16,518 shares of the company’s stock, valued at approximately $2,204,987.82. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction that occurred 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 of the company’s stock, valued at approximately $10,896,080. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mercedes Johnson sold 625 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $133.49, for a total value of $83,431.25. Following the completion of the sale, the director now directly owns 16,518 shares of the company’s stock, valued at $2,204,987.82. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 14,977 shares of company stock valued at $1,979,834 over the last three months. Corporate insiders own 0.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on TER. Evercore ISI lifted their target price on shares of Teradyne from $130.00 to $145.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 9th. Citigroup dropped their price target on Teradyne from $185.00 to $162.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. Northland Capmk downgraded shares of Teradyne from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 18th. KeyCorp increased their target price on shares of Teradyne from $160.00 to $180.00 and gave the stock an “overweight” rating in a research note on Friday, July 12th. Finally, Craig Hallum dropped their price objective on shares of Teradyne from $124.00 to $111.00 and set a “hold” rating on the stock in a report on Friday. One analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $142.62.

Teradyne Stock Down 0.4 %

TER stock opened at $111.33 on Tuesday. The firm has a market capitalization of $18.17 billion, a PE ratio of 35.34, a P/E/G ratio of 2.46 and a beta of 1.49. Teradyne, Inc. has a twelve month low of $81.07 and a twelve month high of $163.21. The stock’s 50 day moving average is $128.96 and its 200-day moving average is $132.07.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.12. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. The business had revenue of $737.30 million for the quarter, compared to analysts’ expectations of $716.40 million. During the same period last year, the business earned $0.80 EPS. The business’s revenue was up 4.8% on a year-over-year basis. On average, equities research analysts anticipate that Teradyne, Inc. will post 3.12 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 5th were given a dividend of $0.12 per share. The ex-dividend date was Thursday, September 5th. This represents a $0.48 annualized dividend and a dividend yield of 0.43%. Teradyne’s dividend payout ratio is currently 15.24%.

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.