Sigma Planning Corp Has $425,000 Stock Position in Teradyne, Inc. (NASDAQ:TER)

Sigma Planning Corp lowered its position in shares of Teradyne, Inc. (NASDAQ:TER) by 4.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,379 shares of the company’s stock after selling 140 shares during the quarter. Sigma Planning Corp’s holdings in Teradyne were worth $425,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of TER. Louisiana State Employees Retirement System lifted its holdings in shares of Teradyne by 4.5% during the third quarter. Louisiana State Employees Retirement System now owns 9,200 shares of the company’s stock worth $1,232,000 after buying an additional 400 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Teradyne by 1.3% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 10,255 shares of the company’s stock worth $1,373,000 after purchasing an additional 133 shares during the period. Nisa Investment Advisors LLC increased its position in shares of Teradyne by 13.4% in the third quarter. Nisa Investment Advisors LLC now owns 20,950 shares of the company’s stock worth $2,806,000 after purchasing an additional 2,480 shares during the period. abrdn plc increased its position in shares of Teradyne by 0.6% in the third quarter. abrdn plc now owns 60,483 shares of the company’s stock worth $8,009,000 after purchasing an additional 333 shares during the period. Finally, Integrated Advisors Network LLC bought a new position in shares of Teradyne in the third quarter worth $710,000. Institutional investors and hedge funds own 99.77% of the company’s stock.

Insider Buying and Selling

In related news, VP Ryan Driscoll sold 437 shares of Teradyne stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $102.00, for a total value of $44,574.00. Following the transaction, the vice president now directly owns 4,312 shares of the company’s stock, valued at $439,824. The trade was a 9.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Richard John Burns sold 445 shares of Teradyne stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $111.49, for a total value of $49,613.05. Following the completion of the transaction, the insider now directly owns 25,191 shares in the company, valued at approximately $2,808,544.59. This represents a 1.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,479 shares of company stock valued at $1,013,134 over the last ninety days. 0.18% of the stock is owned by company insiders.

Teradyne Trading Down 5.2 %

Shares of TER stock opened at $108.81 on Friday. The business’s 50-day moving average price is $123.83 and its 200-day moving average price is $122.76. Teradyne, Inc. has a 12 month low of $95.80 and a 12 month high of $163.21. The firm has a market capitalization of $17.60 billion, a price-to-earnings ratio of 32.68, a PEG ratio of 2.83 and a beta of 1.45.

Teradyne (NASDAQ:TER) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. On average, sell-side analysts predict that Teradyne, Inc. will post 3.88 earnings per share for the current fiscal year.

Teradyne declared that its Board of Directors has initiated a stock buyback plan on Monday, November 11th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 0.6% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Teradyne Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 14th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date is Friday, February 14th. Teradyne’s dividend payout ratio is currently 14.41%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Cantor Fitzgerald restated an “overweight” rating and issued a $160.00 price target on shares of Teradyne in a research report on Thursday, January 30th. Morgan Stanley cut Teradyne from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $121.00 to $117.00 in a research report on Tuesday, January 21st. JPMorgan Chase & Co. decreased their price target on Teradyne from $158.00 to $145.00 and set an “overweight” rating on the stock in a research report on Friday, January 31st. UBS Group decreased their price target on Teradyne from $160.00 to $155.00 and set a “buy” rating on the stock in a research report on Friday, January 31st. Finally, Northland Capmk upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. One research analyst has rated the stock with a sell rating, three have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $143.77.

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.