 Wealthfront Advisers LLC increased its position in shares of  Teradyne, Inc. (NASDAQ:TER – Free Report) by 125.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 17,007 shares of the company’s stock after purchasing an additional 9,465 shares during the period. Wealthfront Advisers LLC’s holdings in Teradyne were worth $1,529,000 at the end of the most recent reporting period.
Wealthfront Advisers LLC increased its position in shares of  Teradyne, Inc. (NASDAQ:TER – Free Report) by 125.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 17,007 shares of the company’s stock after purchasing an additional 9,465 shares during the period. Wealthfront Advisers LLC’s holdings in Teradyne were worth $1,529,000 at the end of the most recent reporting period. 
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TER. Berbice Capital Management LLC lifted its stake in Teradyne by 200.0% during the first quarter. Berbice Capital Management LLC now owns 300 shares of the company’s stock worth $25,000 after purchasing an additional 200 shares during the last quarter. Manchester Capital Management LLC lifted its stake in Teradyne by 44.7% during the first quarter. Manchester Capital Management LLC now owns 453 shares of the company’s stock worth $37,000 after purchasing an additional 140 shares during the last quarter. Brooklyn Investment Group lifted its stake in Teradyne by 189.9% during the first quarter. Brooklyn Investment Group now owns 461 shares of the company’s stock worth $38,000 after purchasing an additional 302 shares during the last quarter. Steph & Co. bought a new stake in Teradyne during the second quarter worth $43,000. Finally, Bayforest Capital Ltd lifted its stake in Teradyne by 195.5% during the second quarter. Bayforest Capital Ltd now owns 523 shares of the company’s stock worth $47,000 after purchasing an additional 346 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors.
Teradyne Stock Up 1.7%
NASDAQ TER opened at $176.88 on Friday. The company has a market capitalization of $28.14 billion, a price-to-earnings ratio of 64.32, a PEG ratio of 3.64 and a beta of 1.82. Teradyne, Inc. has a twelve month low of $65.77 and a twelve month high of $179.21. The stock has a fifty day simple moving average of $131.90 and a 200 day simple moving average of $103.49.
Teradyne Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 5th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Friday, September 5th. Teradyne’s dividend payout ratio is 16.61%.
Analyst Upgrades and Downgrades
Several research firms have weighed in on TER. Wall Street Zen upgraded Teradyne from a “sell” rating to a “hold” rating in a research note on Monday, September 1st. Evercore ISI upped their target price on Teradyne from $120.00 to $175.00 and gave the stock an “outperform” rating in a research note on Tuesday. Susquehanna restated a “positive” rating and set a $215.00 target price on shares of Teradyne in a research note on Thursday. Bank of America raised shares of Teradyne from an “underperform” rating to a “buy” rating and set a $205.00 target price on the stock in a research note on Wednesday. Finally, Zacks Research raised shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Teradyne currently has a consensus rating of “Moderate Buy” and an average target price of $158.75.
Read Our Latest Report on Teradyne
Insider Activity
In other news, CEO Gregory Stephen Smith sold 1,108 shares of the stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $145.24, for a total transaction of $160,925.92. Following the transaction, the chief executive officer owned 94,777 shares of the company’s stock, valued at $13,765,411.48. This represents a 1.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last quarter, insiders have sold 2,770 shares of company stock worth $353,380. 0.16% of the stock is owned by corporate insiders.
Teradyne Company Profile
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.
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