179 Shares in Teradyne, Inc. (NASDAQ:TER) Purchased by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC bought a new stake in Teradyne, Inc. (NASDAQ:TER) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 179 shares of the company’s stock, valued at approximately $27,000.

Other institutional investors also recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new stake in shares of Teradyne in the 2nd quarter worth approximately $33,000. Tortoise Investment Management LLC lifted its position in Teradyne by 76.1% in the second quarter. Tortoise Investment Management LLC now owns 273 shares of the company’s stock worth $40,000 after purchasing an additional 118 shares during the period. Versant Capital Management Inc boosted its stake in Teradyne by 3,800.0% during the second quarter. Versant Capital Management Inc now owns 351 shares of the company’s stock worth $52,000 after buying an additional 342 shares in the last quarter. Capital Advisors Ltd. LLC increased its holdings in Teradyne by 559.1% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 435 shares of the company’s stock valued at $65,000 after buying an additional 369 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Teradyne in the 2nd quarter valued at $65,000. 99.77% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TER. KeyCorp upped their target price on shares of Teradyne from $160.00 to $180.00 and gave the company an “overweight” rating in a research note on Friday, July 12th. Cantor Fitzgerald raised Teradyne from a “neutral” rating to an “overweight” rating and set a $160.00 target price for the company in a report on Friday, August 16th. Robert W. Baird boosted their price target on Teradyne from $120.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, July 29th. Susquehanna increased their price objective on Teradyne from $130.00 to $145.00 and gave the stock a “positive” rating in a research note on Friday, July 26th. Finally, Craig Hallum downgraded shares of Teradyne from a “buy” rating to a “hold” rating and set a $124.00 target price on the stock. in a research note on Friday, July 26th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Teradyne currently has a consensus rating of “Hold” and an average target price of $141.50.

Teradyne Price Performance

TER stock opened at $129.71 on Wednesday. The stock has a market capitalization of $20.25 billion, a P/E ratio of 49.32, a P/E/G ratio of 2.63 and a beta of 1.49. Teradyne, Inc. has a fifty-two week low of $81.07 and a fifty-two week high of $163.21. The business has a 50-day moving average of $133.35 and a 200-day moving average of $127.98.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Wednesday, July 24th. The company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.09. The company had revenue of $729.88 million during the quarter, compared to analysts’ expectations of $701.20 million. Teradyne had a net margin of 18.33% and a return on equity of 18.77%. The business’s quarterly revenue was up 6.6% on a year-over-year basis. During the same period last year, the business earned $0.79 EPS. Equities analysts expect that Teradyne, Inc. will post 3.02 EPS for the current year.

Teradyne Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Thursday, September 5th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.37%. The ex-dividend date of this dividend is Thursday, September 5th. Teradyne’s dividend payout ratio (DPR) is presently 18.25%.

Insider Transactions at Teradyne

In other Teradyne news, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $128.77, for a total value of $80,481.25. Following the sale, the director now owns 17,143 shares in the company, valued at $2,207,504.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Mercedes Johnson sold 625 shares of the stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $128.77, for a total value of $80,481.25. Following the transaction, the director now directly owns 17,143 shares of the company’s stock, valued at $2,207,504.11. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction dated Wednesday, September 11th. 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 83,816 shares of the company’s stock, valued at approximately $10,896,080. The disclosure for this sale can be found here. Insiders have sold 10,483 shares of company stock worth $1,383,031 in the last ninety days. Insiders own 0.36% of the company’s stock.

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.