Ethic Inc. raised its holdings in shares of Teradyne, Inc. (NASDAQ:TER – Free Report) by 16.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,156 shares of the company’s stock after buying an additional 1,957 shares during the quarter. Ethic Inc.’s holdings in Teradyne were worth $6,849,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently modified their holdings of the stock. Carolina Wealth Advisors LLC grew its stake in shares of Teradyne by 42.5% during the second quarter. Carolina Wealth Advisors LLC now owns 114 shares of the company’s stock worth $55,000 after acquiring an additional 34 shares during the last quarter. Vestor Capital LLC raised its position in shares of Teradyne by 15.4% in the 1st quarter. Vestor Capital LLC now owns 285 shares of the company’s stock valued at $85,000 after purchasing an additional 38 shares during the last quarter. UMB Bank n.a. boosted its stake in Teradyne by 1.8% in 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. Ashton Thomas Private Wealth LLC boosted its stake in Teradyne by 5.8% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 727 shares of the company’s stock worth $352,000 after purchasing an additional 40 shares in the last quarter. Finally, Stephens Inc. AR grew its position in Teradyne by 1.2% during the 4th quarter. Stephens Inc. AR now owns 3,332 shares of the company’s stock worth $645,000 after purchasing an additional 41 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors.
Insider Activity
In related news, CEO Gregory Stephen Smith sold 4,000 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $423.03, for a total value of $1,692,120.00. Following the completion of the transaction, the chief executive officer owned 120,470 shares of the company’s stock, valued at approximately $50,962,424.10. This represents a 3.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 656 shares of the stock in a transaction that occurred 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 transaction, the insider owned 15,722 shares in the company, valued at $5,581,310. This represents a 4.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. Over the last three months, insiders have sold 5,664 shares of company stock worth $2,273,133. Corporate insiders own 0.19% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Analysis on TER
Teradyne Price Performance
TER opened at $418.79 on Friday. The firm has a fifty day moving average price of $384.26 and a 200 day moving average price of $348.39. Teradyne, Inc. has a 1 year low of $106.30 and a 1 year high of $487.91. The stock has a market cap of $65.47 billion, a P/E ratio of 57.45, a P/E/G ratio of 0.83 and a beta of 1.78.
Teradyne (NASDAQ:TER – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.09 by $0.38. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the business earned $0.57 earnings per share. The firm’s revenue was up 103.9% on a year-over-year basis. Equities analysts expect that Teradyne, Inc. will post 9.1 EPS for the current year.
Teradyne Company 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.
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