National Bank of Canada FI Buys 12,849 Shares of Teradyne, Inc. (NASDAQ:TER)

National Bank of Canada FI lifted its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 16.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 90,720 shares of the company’s stock after acquiring an additional 12,849 shares during the period. National Bank of Canada FI’s holdings in Teradyne were worth $9,503,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in TER. Vestmark Advisory Solutions Inc. raised its holdings in shares of Teradyne by 120.2% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 71,962 shares of the company’s stock worth $7,809,000 after acquiring an additional 39,280 shares during the last quarter. Sapient Capital LLC purchased a new stake in Teradyne in the 4th quarter valued at $305,000. Benjamin F. Edwards & Company Inc. raised its position in Teradyne by 4.8% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,346 shares of the company’s stock valued at $255,000 after buying an additional 107 shares during the last quarter. Heritage Wealth Management LLC bought a new position in Teradyne during the 4th quarter valued at $445,000. Finally, Andar Capital Management HK Ltd purchased a new position in Teradyne during the 4th quarter worth $5,849,000. Institutional investors own 99.77% of the company’s stock.

Insider Activity

In other Teradyne news, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $121.20, for a total value of $75,750.00. Following the transaction, the director now directly owns 17,142 shares in the company, valued at approximately $2,077,610.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Mercedes Johnson sold 625 shares of Teradyne stock in a transaction on Monday, May 6th. The shares were sold at an average price of $121.20, for a total transaction of $75,750.00. Following the completion of the sale, the director now directly owns 17,142 shares of the company’s stock, valued at approximately $2,077,610.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Sanjay Mehta sold 3,750 shares of the stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $120.06, for a total value of $450,225.00. Following the completion of the transaction, the chief financial officer now directly owns 41,902 shares in the company, valued at approximately $5,030,754.12. The disclosure for this sale can be found here. Company insiders own 0.18% of the company’s stock.

Teradyne Price Performance

Teradyne stock opened at $122.61 on Friday. The firm has a market capitalization of $18.76 billion, a P/E ratio of 46.62 and a beta of 1.50. Teradyne, Inc. has a one year low of $81.07 and a one year high of $123.65. The business has a fifty day moving average price of $108.46 and a 200-day moving average price of $101.82.

Teradyne (NASDAQ:TER) last announced its quarterly earnings results on Wednesday, April 24th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.18. Teradyne had a return on equity of 18.88% and a net margin of 16.15%. The firm had revenue of $599.82 million for the quarter, compared to analysts’ expectations of $566.31 million. During the same period in the prior year, the business posted $0.55 earnings per share. The company’s revenue was down 2.9% on a year-over-year basis. Sell-side analysts expect that Teradyne, Inc. will post 2.99 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Susquehanna boosted their price target on shares of Teradyne from $125.00 to $130.00 and gave the stock a “positive” rating in a report on Friday, April 26th. The Goldman Sachs Group boosted their target price on Teradyne from $107.00 to $118.00 and gave the stock a “neutral” rating in a research note on Friday, April 26th. JPMorgan Chase & Co. lifted their price target on Teradyne from $100.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, April 11th. Robert W. Baird upped their price objective on Teradyne from $110.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Finally, Evercore ISI started coverage on shares of Teradyne in a report on Tuesday, April 16th. They issued an “outperform” rating and a $130.00 price target on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Teradyne presently has a consensus rating of “Hold” and a consensus target price of $117.83.

Teradyne 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.