Investors Purchase High Volume of Teradyne Put Options (TER)
Teradyne, Inc. (NYSE:TER) was the target of some unusual options trading activity on Tuesday. Investors bought 1,079 put options on the stock. This represents an increase of 807% compared to the typical volume of 119 put options.
In other Teradyne news, insider Brad Robbins sold 12,045 shares of the business’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $42.19, for a total transaction of $508,178.55. Following the completion of the transaction, the insider now directly owns 7,126 shares in the company, valued at $300,645.94. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Michael A. Bradley sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $42.80, for a total transaction of $428,000.00. Following the transaction, the director now owns 145,836 shares of the company’s stock, valued at $6,241,780.80. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 140,206 shares of company stock valued at $6,066,881. Company insiders own 0.62% of the company’s stock.
Several large investors have recently made changes to their positions in TER. WFG Advisors LP increased its holdings in Teradyne by 21.9% in the second quarter. WFG Advisors LP now owns 3,900 shares of the semiconductor company’s stock valued at $117,000 after purchasing an additional 700 shares during the period. Bronfman E.L. Rothschild L.P. increased its holdings in Teradyne by 2,678.1% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 4,195 shares of the semiconductor company’s stock valued at $156,000 after purchasing an additional 4,044 shares during the period. Krilogy Financial LLC acquired a new stake in Teradyne in the third quarter valued at $179,000. TLP Group LLC acquired a new stake in Teradyne in the second quarter valued at $201,000. Finally, Zweig DiMenna Associates LLC acquired a new stake in Teradyne in the third quarter valued at $201,000. Institutional investors own 96.45% of the company’s stock.
Teradyne (TER) opened at $47.19 on Friday. The stock has a market cap of $9,260.00, a price-to-earnings ratio of 22.05, a PEG ratio of 1.63 and a beta of 1.01. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.67 and a current ratio of 4.96. Teradyne has a 1-year low of $25.92 and a 1-year high of $47.30.
Teradyne (NYSE:TER) last announced its quarterly earnings results on Wednesday, October 25th. The semiconductor company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.11. The company had revenue of $503.40 million during the quarter, compared to the consensus estimate of $472.86 million. Teradyne had a net margin of 21.11% and a return on equity of 22.39%. The company’s revenue for the quarter was up 22.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.31 earnings per share. research analysts predict that Teradyne will post 2.22 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Thursday, December 21st. Stockholders of record on Wednesday, November 29th were issued a dividend of $0.07 per share. The ex-dividend date was Tuesday, November 28th. This represents a $0.28 annualized dividend and a dividend yield of 0.59%. Teradyne’s dividend payout ratio (DPR) is presently 13.08%.
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Teradyne Company Profile
Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.
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