1,809 Shares in Teradyne, Inc. (NASDAQ:TER) Purchased by E Fund Management Co. Ltd.

E Fund Management Co. Ltd. acquired a new stake in Teradyne, Inc. (NASDAQ:TER) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 1,809 shares of the company’s stock, valued at approximately $268,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TER. Robeco Institutional Asset Management B.V. grew its stake in shares of Teradyne by 78.7% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 85,226 shares of the company’s stock worth $86,000 after purchasing an additional 37,526 shares in the last quarter. Norges Bank acquired a new stake in Teradyne in the fourth quarter worth about $188,873,000. UBS Group AG grew its position in Teradyne by 53.8% in the 4th quarter. UBS Group AG now owns 569,748 shares of the company’s stock valued at $61,829,000 after buying an additional 199,417 shares in the last quarter. Assetmark Inc. increased its stake in Teradyne by 4.6% during the 4th quarter. Assetmark Inc. now owns 23,819 shares of the company’s stock valued at $2,585,000 after buying an additional 1,057 shares during the period. Finally, Franklin Resources Inc. raised its position in shares of Teradyne by 3.7% during the 4th quarter. Franklin Resources Inc. now owns 44,303 shares of the company’s stock worth $4,808,000 after buying an additional 1,592 shares in the last quarter. 99.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Teradyne

In other Teradyne news, CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $130.00, for a total value of $400,400.00. Following the completion of the sale, the chief executive officer now directly owns 83,816 shares in the company, valued at $10,896,080. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Mercedes Johnson sold 625 shares of the firm’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 transaction, the director now directly owns 17,143 shares of the company’s stock, valued at approximately $2,207,504.11. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Gregory Stephen Smith sold 3,080 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $130.00, for a total value 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. In the last quarter, insiders sold 10,483 shares of company stock valued at $1,383,031. 0.36% of the stock is owned by corporate insiders.

Teradyne Stock Performance

TER stock opened at $133.82 on Friday. The firm has a 50 day simple moving average of $132.73 and a 200 day simple moving average of $127.98. Teradyne, Inc. has a 52 week low of $81.07 and a 52 week high of $163.21. The stock has a market cap of $21.84 billion, a P/E ratio of 50.88, a P/E/G ratio of 2.62 and a beta of 1.49.

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

Teradyne Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend is Thursday, September 5th. This represents a $0.48 annualized dividend and a dividend yield of 0.36%. Teradyne’s dividend payout ratio is 18.25%.

Analyst Ratings Changes

TER has been the subject of several recent analyst reports. UBS Group increased their price objective on shares of Teradyne from $130.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, June 18th. The Goldman Sachs Group lifted their price target on Teradyne from $118.00 to $161.00 and gave the company a “buy” rating in a research report on Tuesday, May 28th. Northland Capmk lowered Teradyne from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 18th. Stifel Nicolaus lifted their target price 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 upgraded shares of Teradyne from a “neutral” rating to an “overweight” rating and set a $160.00 price target on the stock in a research report on Friday, August 16th. One investment 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. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $141.50.

Teradyne Company 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.