Teradyne, Inc. (NASDAQ:TER – Get Free Report) CEO Gregory Smith sold 4,000 shares of Teradyne stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $341.28, for a total value of $1,365,120.00. Following the sale, the chief executive officer owned 104,495 shares in the company, valued at $35,662,053.60. The trade was a 3.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Gregory Stephen Smith also recently made the following trade(s):
- On Tuesday, September 15th, Gregory Smith sold 4,000 shares of Teradyne stock. The stock was sold at an average price of $337.83, for a total value of $1,351,320.00.
- On Monday, August 17th, Gregory Smith sold 4,000 shares of Teradyne stock. The shares were sold at an average price of $425.00, for a total transaction of $1,700,000.00.
Teradyne Price Performance
Shares of TER traded up $14.57 during midday trading on Monday, hitting $339.57. 1,525,936 shares of the company traded hands, compared to its average volume of 3,526,964. The stock has a 50-day moving average of $380.05 and a 200-day moving average of $374.53. The firm has a market cap of $53.09 billion, a P/E ratio of 46.54, a PEG ratio of 0.66 and a beta of 1.75. Teradyne, Inc. has a one year low of $135.83 and a one year high of $487.91.
Teradyne (NASDAQ:TER – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the previous year, the firm posted $0.57 EPS. The firm’s revenue was up 103.9% compared to the same quarter last year. Sell-side analysts forecast that Teradyne, Inc. will post 9.11 EPS for the current fiscal year.
Teradyne Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 4th were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Friday, September 4th. Teradyne’s payout ratio is presently 7.13%.
Institutional Investors Weigh In On Teradyne
A number of large investors have recently added to or reduced their stakes in the stock. Generali Investments Management Co LLC increased its holdings in shares of Teradyne by 2.0% during the third quarter. Generali Investments Management Co LLC now owns 2,824 shares of the company’s stock valued at $1,132,000 after acquiring an additional 55 shares in the last quarter. USA Financial Formulas acquired a new stake in shares of Teradyne in the 3rd quarter worth about $952,000. McKinley Carter Wealth Services Inc. bought a new position in Teradyne in the 3rd quarter valued at about $7,745,000. Banque Pictet & Cie SA acquired a new position in Teradyne during the 3rd quarter valued at about $399,000. Finally, GFG Capital LLC boosted its position in shares of Teradyne by 1.2% during the third quarter. GFG Capital LLC now owns 32,062 shares of the company’s stock valued at $12,854,000 after buying an additional 370 shares during the last quarter. Institutional investors own 99.77% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on TER shares. UBS Group raised their target price on shares of Teradyne from $440.00 to $500.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Morgan Stanley raised their price target on Teradyne from $387.00 to $397.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 30th. The Goldman Sachs Group restated a “buy” rating and issued a $465.00 price objective on shares of Teradyne in a report on Tuesday, July 28th. Weiss Ratings raised Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, September 29th. Finally, Robert W. Baird reaffirmed a “neutral” rating and issued a $420.00 price target on shares of Teradyne in a research note on Friday, August 21st. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $396.80.
View Our Latest Report on Teradyne
Teradyne Company Profile
Teradyne, Inc develops and supplies automated test equipment and industrial automation products. Its systems help manufacturers test the functionality, performance, and reliability of semiconductor devices, electronic systems, wireless products, and other complex products throughout the production process.
The company’s product portfolio includes semiconductor test systems, memory and system-level test equipment, and solutions for printed circuit boards and electronic products. Teradyne also provides collaborative robots through Universal Robots and autonomous mobile robots through Mobile Industrial Robots (MiR), supporting applications such as assembly, material handling, machine tending, packaging, and warehouse logistics.
Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne serves customers worldwide, including semiconductor manufacturers, electronics producers, automotive companies, and industrial businesses.
See Also
- Five stocks we like better than Teradyne
- Alcoa Beat Earnings, But Can It Escape the Aluminum Bears?
- Insider Buying Is Rising at These 3 Regional Banks, But the Details Matter
- Illinois Tool Works Faces Headwinds—2 Alternatives Stand Out
- Luxury’s Middle Market Is Cracking—These 3 Stocks Could Win
Receive News & Ratings for Teradyne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradyne and related companies with MarketBeat.com's FREE daily email newsletter.
