Stonebridge Financial Group LLC MO Makes New $284,000 Investment in Teradyne, Inc. $TER

Stonebridge Financial Group LLC MO acquired a new position in shares of Teradyne, Inc. (NASDAQ:TERFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,469 shares of the company’s stock, valued at approximately $284,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Independent Advisor Alliance acquired a new stake in Teradyne during the 4th quarter worth $388,000. Ground Swell Capital LLC acquired a new stake in Teradyne during the 4th quarter worth $316,000. Meridian Wealth Management LLC raised its stake in Teradyne by 16.7% during the 4th quarter. Meridian Wealth Management LLC now owns 1,845 shares of the company’s stock worth $357,000 after buying an additional 264 shares during the period. HighPoint Advisor Group LLC raised its stake in Teradyne by 6.8% during the 4th quarter. HighPoint Advisor Group LLC now owns 3,764 shares of the company’s stock worth $729,000 after buying an additional 241 shares during the period. Finally, Trek Financial LLC acquired a new stake in Teradyne during the 4th quarter worth $1,991,000. Institutional investors own 99.77% of the company’s stock.

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Analyst Upgrades and Downgrades

Several analysts recently commented on TER shares. Zacks Research downgraded Teradyne from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Susquehanna increased their target price on Teradyne from $335.00 to $415.00 and gave the stock a “positive” rating in a report on Thursday, April 9th. The Goldman Sachs Group increased their target price on Teradyne from $300.00 to $350.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. UBS Group increased their target price on Teradyne from $325.00 to $440.00 and gave the stock a “buy” rating in a report on Tuesday, April 21st. Finally, Morgan Stanley set a $387.00 target price on Teradyne in a report on Thursday, April 30th. Twelve investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $339.80.

View Our Latest Stock Analysis on Teradyne

Teradyne Stock Performance

Shares of NASDAQ:TER opened at $358.45 on Wednesday. Teradyne, Inc. has a 52-week low of $75.99 and a 52-week high of $422.11. The company has a market capitalization of $56.11 billion, a P/E ratio of 66.38, a price-to-earnings-growth ratio of 1.51 and a beta of 1.79. The company has a 50-day simple moving average of $333.29 and a 200 day simple moving average of $260.01.

Teradyne (NASDAQ:TERGet Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $2.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.11 by $0.45. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.20 billion. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. Teradyne’s revenue was up 87.0% on a year-over-year basis. During the same period last year, the business posted $0.75 EPS. As a group, equities analysts forecast that Teradyne, Inc. will post 7.09 earnings per share for the current 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 issued a dividend of $0.13 per share. This is a boost from Teradyne’s previous quarterly dividend of $0.12. This represents a $0.52 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, May 21st. Teradyne’s payout ratio is 9.63%.

Insider Activity at Teradyne

In other news, VP Ryan Driscoll sold 680 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $377.60, for a total transaction 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.19% of the company’s stock.

Teradyne Company Profile

(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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