Tredje AP fonden Has $3.56 Million Stock Holdings in Teradyne, Inc. (NASDAQ:TER)

Tredje AP fonden trimmed its holdings in Teradyne, Inc. (NASDAQ:TER) by 1.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,010 shares of the company’s stock after selling 375 shares during the period. Tredje AP fonden’s holdings in Teradyne were worth $3,560,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Teradyne during the 2nd quarter valued at $27,000. Rothschild Investment LLC bought a new position in Teradyne during the second quarter valued at about $33,000. Tortoise Investment Management LLC increased its holdings in Teradyne by 76.1% during the second quarter. Tortoise Investment Management LLC now owns 273 shares of the company’s stock worth $40,000 after buying an additional 118 shares during the last quarter. Versant Capital Management Inc raised its position in Teradyne by 3,800.0% in the second quarter. Versant Capital Management Inc now owns 351 shares of the company’s stock worth $52,000 after acquiring an additional 342 shares during the period. Finally, Mather Group LLC. purchased a new position in Teradyne in the first quarter valued at about $53,000. Institutional investors and hedge funds own 99.77% of the company’s stock.

Insider Buying and Selling

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

Teradyne Price Performance

Shares of NASDAQ:TER opened at $127.86 on Thursday. The firm has a fifty day moving average price of $132.73 and a two-hundred day moving average price of $127.98. The company has a market cap of $20.86 billion, a price-to-earnings ratio of 48.62, a PEG ratio of 2.62 and a beta of 1.49. Teradyne, Inc. has a one year low of $81.07 and a one year high of $163.21.

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

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Thursday, September 5th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.38%. The ex-dividend date of this dividend is Thursday, September 5th. Teradyne’s payout ratio is 18.25%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Evercore ISI lowered shares of Teradyne from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 26th. UBS Group boosted their target price on Teradyne from $130.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, June 18th. Northland Securities cut their price target on Teradyne from $136.00 to $126.00 and set a “market perform” rating for the company in a research note on Friday, July 26th. Stifel Nicolaus lifted their price objective on Teradyne from $100.00 to $150.00 and gave the stock a “hold” rating in a report on Tuesday, July 16th. Finally, Cantor Fitzgerald raised shares of Teradyne from a “neutral” rating to an “overweight” rating and set a $160.00 price objective on the stock in a report on Friday, August 16th. 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. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $141.50.

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.