Teradyne, Inc. $TER Shares Sold by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. lessened its position in shares of Teradyne, Inc. (NASDAQ:TERFree Report) by 7.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,298 shares of the company’s stock after selling 1,542 shares during the period. GHP Investment Advisors Inc.’s holdings in Teradyne were worth $5,721,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UMB Bank n.a. increased its position in Teradyne by 1.8% during the 4th quarter. UMB Bank n.a. now owns 2,293 shares of the company’s stock worth $444,000 after purchasing an additional 40 shares in the last quarter. Stephens Inc. AR lifted its position in shares of Teradyne by 1.2% during the fourth quarter. Stephens Inc. AR now owns 3,332 shares of the company’s stock worth $645,000 after purchasing an additional 41 shares in the last quarter. Sapient Capital LLC boosted its position in Teradyne by 1.5% in the 4th quarter. Sapient Capital LLC now owns 2,849 shares of the company’s stock valued at $560,000 after buying an additional 43 shares during the last quarter. Truvestments Capital LLC grew its stake in Teradyne by 3.8% during the 4th quarter. Truvestments Capital LLC now owns 1,440 shares of the company’s stock valued at $279,000 after purchasing an additional 53 shares in the last quarter. Finally, IFP Advisors Inc grew its position in shares of Teradyne by 2.1% during the fourth quarter. IFP Advisors Inc now owns 2,731 shares of the company’s stock worth $529,000 after buying an additional 57 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on TER shares. Morgan Stanley set a $387.00 price target on Teradyne in a research report on Thursday, April 30th. Susquehanna increased their target price on shares of Teradyne from $335.00 to $415.00 and gave the company a “positive” rating in a research report on Thursday, April 9th. Robert W. Baird boosted their price objective on Teradyne from $350.00 to $446.00 and gave the stock an “outperform” rating in a research note on Tuesday. Bank of America increased their target price on shares of Teradyne from $365.00 to $525.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, Cantor Fitzgerald upped their target price on Teradyne from $330.00 to $400.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Teradyne currently has a consensus rating of “Moderate Buy” and a consensus price target of $363.87.

Read Our Latest Research Report on TER

Insider Buying and Selling at Teradyne

In other news, CEO Gregory Stephen Smith sold 8,597 shares of Teradyne stock in a transaction on Friday, May 15th. The shares were sold at an average price of $338.98, for a total transaction of $2,914,211.06. Following the transaction, the chief executive officer directly owned 124,470 shares of the company’s stock, valued at $42,192,840.60. This trade represents a 6.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Ryan Driscoll sold 680 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $377.60, for a total value of $256,768.00. Following the transaction, the vice president directly owned 7,665 shares of the company’s stock, valued at approximately $2,894,304. This trade represents a 8.15% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 14,941 shares of company stock valued at $5,444,112. 0.19% of the stock is currently owned by company insiders.

Teradyne Trading Down 7.4%

Shares of NASDAQ:TER opened at $436.86 on Friday. Teradyne, Inc. has a 1 year low of $88.60 and a 1 year high of $472.37. The business has a fifty day simple moving average of $382.07 and a 200 day simple moving average of $308.73. The firm has a market cap of $68.39 billion, a price-to-earnings ratio of 80.90, a P/E/G ratio of 1.36 and a beta of 1.79.

Teradyne (NASDAQ:TERGet Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $2.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.11 by $0.45. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. Teradyne’s revenue for the quarter was up 87.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.75 earnings per share. On average, sell-side analysts forecast that Teradyne, Inc. will post 7.2 EPS for the current year.

Teradyne Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 21st were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.1%. This is an increase from Teradyne’s previous quarterly dividend of $0.12. The ex-dividend date was Thursday, May 21st. Teradyne’s dividend payout ratio is presently 9.63%.

Key Teradyne News

Here are the key news stories impacting Teradyne this week:

About Teradyne

(Free Report)

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.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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