Vanguard Personalized Indexing Management LLC Sells 15,988 Shares of Teradyne, Inc. (NASDAQ:TER)

Vanguard Personalized Indexing Management LLC lessened its holdings in Teradyne, Inc. (NASDAQ:TERFree Report) by 58.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 11,528 shares of the company’s stock after selling 15,988 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Teradyne were worth $1,251,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in TER. Commonwealth Equity Services LLC grew its holdings in shares of 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 last quarter. Raymond James Financial Services Advisors Inc. grew 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 purchasing an additional 198 shares during the last quarter. Fifth Third Bancorp grew its holdings in shares of Teradyne by 4.1% during the third quarter. Fifth Third Bancorp now owns 10,558 shares of the company’s stock worth $1,061,000 after purchasing an additional 417 shares during the last quarter. Panagora Asset Management Inc. boosted its holdings in Teradyne by 1.3% in the third quarter. Panagora Asset Management Inc. now owns 17,159 shares of the company’s stock valued at $1,724,000 after acquiring an additional 218 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its holdings in Teradyne by 1.6% in the third quarter. Teacher Retirement System of Texas now owns 11,981 shares of the company’s stock valued at $1,204,000 after acquiring an additional 183 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors.

Teradyne Stock Performance

NASDAQ TER opened at $131.91 on Friday. Teradyne, Inc. has a fifty-two week low of $81.07 and a fifty-two week high of $133.46. The stock has a market cap of $20.59 billion, a P/E ratio of 50.16 and a beta of 1.50. The stock has a 50 day simple moving average of $111.48 and a two-hundred day simple moving average of $103.83.

Teradyne (NASDAQ:TERGet Free Report) last released its quarterly earnings data on Wednesday, April 24th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.33 by $0.18. The company had revenue of $599.82 million during the quarter, compared to the consensus estimate of $566.31 million. Teradyne had a return on equity of 18.88% and a net margin of 16.15%. Teradyne’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same period last year, the company earned $0.55 EPS. Sell-side analysts predict that Teradyne, Inc. will post 3.02 earnings per share for the current year.

Teradyne Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 14th. Investors of record on Wednesday, May 22nd will be issued a $0.12 dividend. The ex-dividend date of this dividend is Tuesday, May 21st. This represents a $0.48 dividend on an annualized basis and a yield of 0.36%. Teradyne’s dividend payout ratio is presently 18.25%.

Insider Transactions at Teradyne

In other Teradyne news, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $121.20, for a total value of $75,750.00. Following the transaction, the director now owns 17,142 shares of the company’s stock, valued at approximately $2,077,610.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Teradyne news, CFO Sanjay Mehta sold 3,750 shares of the stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $120.06, for a total value 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 transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Mercedes Johnson sold 625 shares of the stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $121.20, for a total value of $75,750.00. Following the completion of the sale, the director now owns 17,142 shares of the company’s stock, valued at $2,077,610.40. The disclosure for this sale can be found here. Insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

TER has been the topic of several analyst reports. Cantor Fitzgerald reiterated a “neutral” rating and issued a $110.00 target price on shares of Teradyne in a report on Thursday, April 25th. The Goldman Sachs Group upped their target price on Teradyne from $107.00 to $118.00 and gave the company a “neutral” rating in a report on Friday, April 26th. Susquehanna upped their target price on Teradyne from $125.00 to $130.00 and gave the company a “positive” rating in a report on Friday, April 26th. Robert W. Baird upped their target price on Teradyne from $110.00 to $120.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Finally, Evercore ISI initiated coverage on Teradyne in a report on Tuesday, April 16th. They issued an “outperform” rating and a $130.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, Teradyne presently has a consensus rating of “Hold” and an average price target of $117.83.

View Our Latest Report on Teradyne

About Teradyne

(Free Report)

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.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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