1,918 Shares in Teradyne, Inc. $TER Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. bought a new position in Teradyne, Inc. (NASDAQ:TER) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 1,918 shares of the company’s stock, valued at approximately $371,000.

Other large investors also recently modified their holdings of the company. Davidson Capital Management Inc. bought a new position in shares of Teradyne in the 3rd quarter worth $31,000. CYBER HORNET ETFs LLC bought a new position in Teradyne during the 2nd quarter valued at $35,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Teradyne during the 4th quarter valued at $37,000. KERR FINANCIAL PLANNING Corp bought a new position in Teradyne during the 3rd quarter valued at $41,000. Finally, True Wealth Design LLC lifted its stake in Teradyne by 49.6% during the 4th quarter. True Wealth Design LLC now owns 211 shares of the company’s stock valued at $41,000 after acquiring an additional 70 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors.

Insider Transactions at Teradyne

In other news, CEO Gregory Stephen Smith sold 8,597 shares of Teradyne stock in a transaction on Friday, May 15th. The stock was sold at an average price of $338.98, for a total transaction of $2,914,211.06. Following the sale, the chief executive officer directly owned 124,470 shares in the company, valued at $42,192,840.60. The trade was a 6.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 656 shares of Teradyne stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $355.00, for a total value of $232,880.00. Following the sale, the insider owned 15,722 shares in the company, valued at $5,581,310. The trade was a 4.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 10,941 shares of company stock worth $3,751,992 in the last ninety days. Company insiders own 0.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TER. Zacks Research upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. JPMorgan Chase & Co. upgraded Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 price objective on the stock in a research note on Thursday, April 30th. Citigroup raised their price objective on Teradyne from $325.00 to $400.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. The Goldman Sachs Group raised their price objective on Teradyne from $300.00 to $350.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, UBS Group raised their price objective on Teradyne from $325.00 to $440.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $339.80.

Teradyne Price Performance

NASDAQ TER opened at $374.31 on Friday. The stock has a market capitalization of $58.59 billion, a price-to-earnings ratio of 69.32, a PEG ratio of 1.54 and a beta of 1.79. Teradyne, Inc. has a one year low of $77.02 and a one year high of $422.11. The business’s fifty day moving average is $348.35 and its 200-day moving average is $276.44.

Teradyne (NASDAQ:TER) last released its earnings results on Wednesday, April 29th. The company reported $2.56 EPS for the quarter, topping analysts’ consensus estimates of $2.11 by $0.45. The company had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The business’s revenue for the quarter was up 87.0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.75 EPS. Research analysts expect that Teradyne, Inc. will post 7.09 EPS for the current fiscal year.

Teradyne Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Thursday, May 21st will be paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Thursday, May 21st. This is a positive change from Teradyne’s previous quarterly dividend of $0.12. Teradyne’s dividend payout ratio (DPR) is presently 9.63%.

Teradyne Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.