Private Advisory Group LLC lessened its holdings in Teradyne, Inc. (NASDAQ:TER – Free Report) by 63.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,665 shares of the company’s stock after selling 26,839 shares during the quarter. Private Advisory Group LLC’s holdings in Teradyne were worth $6,280,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Next Level Wealth Planning LLC purchased a new stake in Teradyne during the 3rd quarter worth about $27,000. Community Financial Services Group LLC acquired a new position in shares of Teradyne during the 2nd quarter worth about $29,000. McIlrath & Eck LLC acquired a new position in shares of Teradyne during the 1st quarter worth about $30,000. Elevation Wealth Partners LLC increased its holdings in shares of Teradyne by 1,320.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 71 shares of the company’s stock valued at $34,000 after acquiring an additional 66 shares during the last quarter. Finally, Signature Equity Partners LLC increased its holdings in shares of Teradyne by 97.7% in the 3rd quarter. Signature Equity Partners LLC now owns 87 shares of the company’s stock valued at $35,000 after acquiring an additional 43 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the company. Evercore reissued an “outperform” rating and set a $420.00 target price on shares of Teradyne in a research report on Thursday, July 30th. Cantor Fitzgerald restated an “overweight” rating and set a $550.00 target price on shares of Teradyne in a research note on Wednesday, July 29th. Jefferies Financial Group initiated coverage on Teradyne in a report on Wednesday. They issued a “buy” rating and a $284.00 price target for the company. Morgan Stanley increased their price target on shares of Teradyne from $387.00 to $397.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. Finally, Robert W. Baird cut shares of Teradyne from an “outperform” rating to a “neutral” rating and set a $420.00 price objective on the stock. in a report on Friday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $397.73.
View Our Latest Report on Teradyne
Insider Activity
In related news, CEO Gregory Smith sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $341.28, for a total transaction of $1,365,120.00. Following the transaction, the chief executive officer owned 104,495 shares in the company, valued at $35,662,053.60. This trade represents a 3.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 12,000 shares of company stock valued at $4,416,440. 0.19% of the stock is owned by corporate insiders.
Top Teradyne Stories
Investors following TER have been watching these stories:
- Positive Sentiment: Jefferies initiated coverage with a Buy rating and a $284 price target, citing Teradyne’s opportunity in AI chip testing and its relationship with Nvidia. The firm reportedly sees a potential $2 billion Nvidia-related opportunity, framing Teradyne as a “compute test company.” Article: Teradyne Stock Jumps. Jefferies Sees a $2 Billion Nvidia Opportunity.
- Positive Sentiment: Teradyne launched Omnyx Edge, a test platform for edge AI systems that could extend its reach into physical AI, robotics and factory automation. The platform adds to the company’s AI growth story, though its commercial impact remains to be demonstrated. Article: Teradyne Launches Omnyx Edge
- Neutral Sentiment: Teradyne announced a quarterly dividend of $0.13 per share, payable December 16 to shareholders of record November 23. Article: Why Teradyne Stock Is Getting Attention After Edge AI Test Platform Launch
Teradyne Price Performance
Shares of TER opened at $263.75 on Friday. Teradyne, Inc. has a 1-year low of $151.52 and a 1-year high of $487.91. The stock has a market cap of $41.18 billion, a PE ratio of 30.28, a price-to-earnings-growth ratio of 0.52 and a beta of 1.73. The firm has a fifty day moving average price of $344.39 and a 200 day moving average price of $349.26.
Teradyne (NASDAQ:TER – Get Free Report) last issued its quarterly earnings data on Tuesday, October 27th. The company reported $2.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.20. Teradyne had a return on equity of 43.81% and a net margin of 27.46%. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter last year, the company posted $0.85 earnings per share. The business’s quarterly revenue was up 69.8% compared to the same quarter last year. As a group, equities analysts expect that Teradyne, Inc. will post 9.41 EPS for the current fiscal year.
Teradyne Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Monday, November 23rd will be given a $0.13 dividend. The ex-dividend date of this dividend is Monday, November 23rd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.2%. Teradyne’s dividend payout ratio is 5.97%.
Teradyne Company Profile
Teradyne, Inc. develops and supplies automated test equipment and robotics used by manufacturers around the world. Its test systems help customers evaluate the performance and reliability of semiconductor devices, electronic products, wireless components and storage products. The company’s offerings include semiconductor test systems, system-level test equipment and wireless test solutions. Teradyne also serves industrial automation markets through Universal Robots, which makes collaborative robots, and Mobile Industrial Robots, which develops autonomous mobile robots for moving materials in factories and other facilities.
Further Reading
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