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Teradyne (NYSE:TER) Director Daniel W. Christman sold 3,950 shares of the company’s stock on the open market in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $18.00, for a total value of $71,100.00. Following the completion of the transaction, the director now directly owns 13,040 shares of the company’s stock, valued at approximately $234,720. The sale was disclosed in a legal filing with the SEC, which is available at this link.

A number of analysts have recently weighed in on TER shares. Analysts at Sidoti upgraded shares of Teradyne from a “neutral” rating to a “buy” rating in a research note on Tuesday, April 29th. Separately, analysts at Cowen and Company cut their price target on shares of Teradyne from $24.50 to $22.00 in a research note on Thursday, April 24th. They now have an “outperform” rating on the stock. Finally, analysts at ISI Group initiated coverage on shares of Teradyne in a research note on Thursday, April 10th. They set a “buy” rating and a $24.00 price target on the stock. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $22.05.

Shares of Teradyne (NYSE:TER) traded up 0.28% on Thursday, hitting $18.01. 1,373,528 shares of the company’s stock traded hands. Teradyne has a 1-year low of $15.22 and a 1-year high of $20.72. The stock has a 50-day moving average of $18.39 and a 200-day moving average of $18.41. The company has a market cap of $3.498 billion and a P/E ratio of 26.69.

Teradyne (NYSE:TER) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.11 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.07 by $0.04. The company had revenue of $321.01 million for the quarter, compared to the consensus estimate of $314.57 million. During the same quarter in the prior year, the company posted $0.09 earnings per share. The company’s quarterly revenue was up 12.5% on a year-over-year basis. Analysts expect that Teradyne will post $1.22 EPS for the current fiscal year.

Teradyne, Inc (NYSE:TER) is a supplier of automatic test equipment.

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