Natixis Advisors L.P. Sells 2,195 Shares of Teradyne, Inc. (NASDAQ:TER)

Natixis Advisors L.P. trimmed its stake in Teradyne, Inc. (NASDAQ:TER) by 2.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 83,511 shares of the company’s stock after selling 2,195 shares during the quarter. Natixis Advisors L.P. owned approximately 0.05% of Teradyne worth $9,062,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in TER. Commonwealth Equity Services LLC grew its holdings in Teradyne by 7.1% during the third quarter. Commonwealth Equity Services LLC now owns 14,245 shares of the company’s stock worth $1,431,000 after purchasing an additional 948 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Teradyne by 2.3% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 8,753 shares of the company’s stock worth $879,000 after acquiring an additional 198 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Teradyne by 4.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 27,572 shares of the company’s stock worth $2,770,000 after acquiring an additional 1,155 shares during the period. Strs Ohio boosted its holdings in shares of Teradyne by 57.9% during the third quarter. Strs Ohio now owns 13,140 shares of the company’s stock worth $1,320,000 after acquiring an additional 4,819 shares during the period. Finally, IFM Investors Pty Ltd boosted its holdings in shares of Teradyne by 4.0% during the third quarter. IFM Investors Pty Ltd now owns 34,039 shares of the company’s stock worth $3,420,000 after acquiring an additional 1,302 shares during the period. Institutional investors own 99.77% of the company’s stock.

Insider Buying and Selling

In other Teradyne news, Director Mercedes Johnson sold 625 shares of Teradyne stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $121.20, for a total transaction of $75,750.00. Following the transaction, the director now directly owns 17,142 shares of the company’s stock, valued at approximately $2,077,610.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Teradyne news, Director Mercedes Johnson sold 625 shares of the stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $121.20, for a total transaction of $75,750.00. Following the completion of the sale, the director now owns 17,142 shares of the company’s stock, valued at approximately $2,077,610.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Sanjay Mehta sold 3,750 shares of the company’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $120.06, for a total transaction of $450,225.00. Following the completion of the sale, the chief financial officer now directly owns 41,902 shares in the company, valued at $5,030,754.12. The disclosure for this sale can be found here. 0.18% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on TER shares. Robert W. Baird boosted their price objective on Teradyne from $110.00 to $120.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Evercore ISI started coverage on Teradyne in a report on Tuesday, April 16th. They set an “outperform” rating and a $130.00 price objective for the company. JPMorgan Chase & Co. boosted their price objective on Teradyne from $100.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, April 11th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $110.00 price target on shares of Teradyne in a research report on Thursday, April 25th. Finally, The Goldman Sachs Group boosted their price target on Teradyne from $107.00 to $118.00 and gave the company a “neutral” rating in a research note on Friday, April 26th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $117.83.

Teradyne Trading Down 0.5 %

Shares of TER stock opened at $120.43 on Thursday. The firm has a market capitalization of $18.42 billion, a price-to-earnings ratio of 45.79 and a beta of 1.50. The business’s 50-day moving average price is $108.06 and its 200-day moving average price is $101.69. Teradyne, Inc. has a 12 month low of $81.07 and a 12 month high of $123.65.

Teradyne (NASDAQ:TER) last posted its earnings results on Wednesday, April 24th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.33 by $0.18. Teradyne had a net margin of 16.15% and a return on equity of 18.88%. The business had revenue of $599.82 million for the quarter, compared to the consensus estimate of $566.31 million. During the same period last year, the company earned $0.55 EPS. The firm’s revenue was down 2.9% compared to the same quarter last year. On average, sell-side analysts predict that Teradyne, Inc. will post 2.99 earnings per share for the current fiscal year.

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.