Sequoia Financial Advisors LLC Sells 195 Shares of Teradyne, Inc. (NASDAQ:TER)

Sequoia Financial Advisors LLC decreased its position in Teradyne, Inc. (NASDAQ:TER) by 5.9% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 3,087 shares of the company’s stock after selling 195 shares during the period. Sequoia Financial Advisors LLC’s holdings in Teradyne were worth $389,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Roberts Glore & Co. Inc. IL lifted its position in shares of Teradyne by 2.2% in the fourth quarter. Roberts Glore & Co. Inc. IL now owns 4,103 shares of the company’s stock worth $517,000 after purchasing an additional 90 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in Teradyne by 1.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 6,403 shares of the company’s stock valued at $858,000 after buying an additional 104 shares during the last quarter. GAMMA Investing LLC lifted its position in Teradyne by 3.1% during the 4th quarter. GAMMA Investing LLC now owns 3,445 shares of the company’s stock worth $434,000 after buying an additional 105 shares in the last quarter. TD Private Client Wealth LLC boosted its stake in shares of Teradyne by 0.5% during the 3rd quarter. TD Private Client Wealth LLC now owns 19,904 shares of the company’s stock worth $2,666,000 after buying an additional 108 shares during the last quarter. Finally, Citizens Financial Group Inc. RI grew its holdings in shares of Teradyne by 5.8% in the 4th quarter. Citizens Financial Group Inc. RI now owns 2,244 shares of the company’s stock valued at $283,000 after acquiring an additional 124 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne Stock Down 1.4 %

Shares of NASDAQ:TER opened at $88.87 on Wednesday. Teradyne, Inc. has a 12-month low of $82.98 and a 12-month high of $163.21. The business has a 50 day moving average of $115.61 and a 200-day moving average of $119.55. The stock has a market cap of $14.37 billion, a PE ratio of 26.69, a P/E/G ratio of 2.83 and a beta of 1.46.

Teradyne (NASDAQ:TER) last released its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. Equities research analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date was Friday, February 14th. Teradyne’s dividend payout ratio is 14.41%.

Insiders Place Their Bets

In other news, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the sale, the chief executive officer now directly owns 74,660 shares of the company’s stock, valued at approximately $9,705,800. This represents a 3.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Richard John Burns sold 407 shares of the firm’s stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total value of $49,047.57. Following the completion of the transaction, the insider now owns 20,764 shares in the company, valued at $2,502,269.64. The trade was a 1.92 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,479 shares of company stock worth $1,013,134 in the last quarter. 0.36% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on TER. Northland Capmk upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. Cantor Fitzgerald dropped their price objective on Teradyne from $150.00 to $110.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 12th. Morgan Stanley decreased their target price on shares of Teradyne from $112.00 to $81.00 and set an “underweight” rating for the company in a research note on Friday, March 14th. Vertical Research initiated coverage on shares of Teradyne in a report on Friday, March 7th. They set a “buy” rating and a $135.00 target price on the stock. Finally, Bank of America cut their price target on shares of Teradyne from $100.00 to $85.00 and set an “underperform” rating for the company in a research note on Wednesday, March 12th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Teradyne presently has a consensus rating of “Moderate Buy” and an average price target of $121.44.

About Teradyne

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.