Teradyne, Inc. (NASDAQ:TER – Get Free Report) CEO Gregory Stephen Smith sold 1,108 shares of the company’s stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $145.24, for a total value of $160,925.92. Following the completion of the sale, the chief executive officer owned 94,777 shares in the company, valued at approximately $13,765,411.48. This represents a 1.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Gregory Stephen Smith also recently made the following trade(s):
- On Monday, September 22nd, Gregory Stephen Smith sold 554 shares of Teradyne stock. The stock was sold at an average price of $126.39, for a total value of $70,020.06.
- On Friday, September 12th, Gregory Stephen Smith sold 554 shares of Teradyne stock. The stock was sold at an average price of $115.00, for a total value of $63,710.00.
- On Tuesday, August 12th, Gregory Stephen Smith sold 554 shares of Teradyne stock. The stock was sold at an average price of $106.00, for a total value of $58,724.00.
- On Wednesday, July 30th, Gregory Stephen Smith sold 554 shares of Teradyne stock. The stock was sold at an average price of $105.73, for a total value of $58,574.42.
Teradyne Trading Down 1.2%
Teradyne stock opened at $139.30 on Friday. Teradyne, Inc. has a 12 month low of $65.77 and a 12 month high of $150.71. The firm has a market cap of $22.16 billion, a PE ratio of 48.20, a P/E/G ratio of 2.96 and a beta of 1.82. The stock’s 50 day simple moving average is $124.05 and its two-hundred day simple moving average is $98.17.
Teradyne Dividend Announcement
The firm also recently announced 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. The ex-dividend date was Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.3%. Teradyne’s dividend payout ratio (DPR) is 16.61%.
Institutional Trading of Teradyne
Hedge funds and other institutional investors have recently modified their holdings of the stock. DAVENPORT & Co LLC increased its stake in shares of Teradyne by 29.8% in the 1st quarter. DAVENPORT & Co LLC now owns 5,094 shares of the company’s stock worth $421,000 after acquiring an additional 1,170 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Teradyne by 17.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 143,760 shares of the company’s stock worth $11,893,000 after acquiring an additional 21,219 shares during the last quarter. Park Avenue Securities LLC increased its stake in shares of Teradyne by 116.7% in the 2nd quarter. Park Avenue Securities LLC now owns 6,598 shares of the company’s stock worth $593,000 after acquiring an additional 3,553 shares during the last quarter. Crossmark Global Holdings Inc. increased its stake in shares of Teradyne by 6.4% in the 1st quarter. Crossmark Global Holdings Inc. now owns 4,328 shares of the company’s stock worth $357,000 after acquiring an additional 261 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its stake in shares of Teradyne by 36.2% in the 1st quarter. Advisors Asset Management Inc. now owns 9,395 shares of the company’s stock worth $776,000 after acquiring an additional 2,498 shares during the last quarter. 99.77% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts have recently issued reports on TER shares. The Goldman Sachs Group increased their target price on Teradyne from $85.00 to $130.00 and gave the company a “sell” rating in a research report on Thursday, October 9th. UBS Group reiterated a “buy” rating and set a $130.00 target price (up previously from $120.00) on shares of Teradyne in a research report on Thursday, July 31st. Stifel Nicolaus increased their price objective on Teradyne from $100.00 to $119.00 and gave the company a “hold” rating in a research note on Monday. Cowen reissued a “buy” rating on shares of Teradyne in a research note on Wednesday, July 30th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Teradyne in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $124.93.
Read Our Latest Research Report on TER
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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