Teradyne, Inc. (NASDAQ:TER) Shares Sold by Paradiem LLC

Paradiem LLC lowered its position in shares of Teradyne, Inc. (NASDAQ:TER) by 40.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 24,454 shares of the company’s stock after selling 16,663 shares during the period. Paradiem LLC’s holdings in Teradyne were worth $2,654,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Lathrop Investment Management Corp grew its position in shares of Teradyne by 0.7% during the fourth quarter. Lathrop Investment Management Corp now owns 103,858 shares of the company’s stock worth $11,271,000 after acquiring an additional 671 shares during the last quarter. Russell Investments Group Ltd. grew its position in Teradyne by 5.8% in the 4th quarter. Russell Investments Group Ltd. now owns 559,751 shares of the company’s stock valued at $60,818,000 after buying an additional 30,845 shares in the last quarter. Semanteon Capital Management LP bought a new position in Teradyne in the 4th quarter valued at about $1,261,000. Atria Wealth Solutions Inc. grew its position in Teradyne by 87.1% in the 4th quarter. Atria Wealth Solutions Inc. now owns 5,071 shares of the company’s stock valued at $550,000 after buying an additional 2,361 shares in the last quarter. Finally, GAMMA Investing LLC bought a new position in Teradyne in the 4th quarter valued at about $129,000. Institutional investors own 99.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Susquehanna increased their target price on shares of Teradyne from $125.00 to $130.00 and gave the company a “positive” rating in a research report on Friday. JPMorgan Chase & Co. increased their target price on shares of Teradyne from $100.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday, April 11th. Robert W. Baird increased their target price on shares of Teradyne from $110.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday. Cantor Fitzgerald reissued a “neutral” rating and issued a $110.00 price target on shares of Teradyne in a report on Thursday. Finally, Evercore ISI began coverage on shares of Teradyne in a report on Tuesday, April 16th. They issued an “outperform” rating and a $130.00 price target for the company. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Teradyne has a consensus rating of “Hold” and an average target price of $115.69.

Teradyne Trading Up 4.8 %

TER stock traded up $5.22 during mid-day trading on Friday, reaching $114.13. 5,205,516 shares of the stock traded hands, compared to its average volume of 2,014,893. Teradyne, Inc. has a 52-week low of $81.07 and a 52-week high of $119.20. The company has a market cap of $17.46 billion, a P/E ratio of 43.40 and a beta of 1.56. The stock’s fifty day moving average is $105.62 and its 200-day moving average is $100.54.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.18. Teradyne had a net margin of 16.15% and a return on equity of 18.88%. The company had revenue of $599.82 million during the quarter, compared to analyst estimates of $566.31 million. During the same period in the prior year, the firm earned $0.55 earnings per share. The business’s quarterly revenue was down 2.9% on a year-over-year basis. Equities research analysts expect that Teradyne, Inc. will post 2.87 earnings per share for the current year.

Insider Transactions at Teradyne

In other news, CFO Sanjay Mehta sold 8,653 shares of the stock in a transaction that occurred on Tuesday, January 30th. The shares were sold at an average price of $105.10, for a total value of $909,430.30. Following the completion of the sale, the chief financial officer now directly owns 31,180 shares of the company’s stock, valued at $3,277,018. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Richard John Burns sold 1,744 shares of the stock in a transaction that occurred on Tuesday, January 30th. The shares were sold at an average price of $104.89, for a total value of $182,928.16. Following the completion of the sale, the insider now directly owns 16,734 shares of the company’s stock, valued at $1,755,229.26. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Sanjay Mehta sold 8,653 shares of the stock in a transaction that occurred on Tuesday, January 30th. The stock was sold at an average price of $105.10, for a total transaction of $909,430.30. Following the completion of the sale, the chief financial officer now directly owns 31,180 shares of the company’s stock, valued at $3,277,018. The disclosure for this sale can be found here. 0.36% of the stock is owned by insiders.

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.