Teradyne, Inc. (NASDAQ:TER) Shares Acquired by NEOS Investment Management LLC

NEOS Investment Management LLC boosted its position in Teradyne, Inc. (NASDAQ:TER) by 46.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 11,610 shares of the company’s stock after buying an additional 3,703 shares during the period. NEOS Investment Management LLC’s holdings in Teradyne were worth $1,462,000 as of its most recent SEC filing.

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

Insider Activity at Teradyne

In other Teradyne news, CFO Sanjay Mehta sold 614 shares of the company’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $102.00, for a total transaction of $62,628.00. Following the completion of the sale, the chief financial officer now directly owns 30,446 shares of the company’s stock, valued at approximately $3,105,492. This represents a 1.98 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Richard John Burns sold 445 shares of Teradyne stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $111.49, for a total transaction of $49,613.05. Following the completion of the transaction, the insider now directly owns 25,191 shares in the company, valued at approximately $2,808,544.59. This trade represents a 1.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,479 shares of company stock valued at $1,013,134 over the last ninety days. Insiders own 0.18% of the company’s stock.

Teradyne Stock Performance

Shares of TER stock opened at $82.78 on Friday. Teradyne, Inc. has a 1 year low of $82.47 and a 1 year high of $163.21. The business’s fifty day moving average is $107.90 and its 200-day moving average is $117.43. The stock has a market cap of $13.39 billion, a PE ratio of 24.86, a price-to-earnings-growth ratio of 2.83 and a beta of 1.46.

Teradyne (NASDAQ:TER) last released its earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 predict that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were issued a $0.12 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.58%. Teradyne’s payout ratio is currently 14.41%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Bank of America decreased their target price on Teradyne from $100.00 to $85.00 and set an “underperform” rating for the company in a research note on Wednesday, March 12th. TD Cowen lowered their price objective on Teradyne from $135.00 to $110.00 and set a “buy” rating for the company in a research note on Wednesday, March 12th. JPMorgan Chase & Co. cut their target price on Teradyne from $145.00 to $120.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 12th. KeyCorp lowered their price target on shares of Teradyne from $150.00 to $140.00 and set an “overweight” rating for the company in a research report on Wednesday, March 12th. Finally, Susquehanna cut their price objective on shares of Teradyne from $165.00 to $155.00 and set a “positive” rating on the stock in a research report on Wednesday, March 12th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $121.44.

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.