Victory Capital Management Inc. Has $10.14 Million Stock Holdings in Teradyne, Inc. (NASDAQ:TER)

Victory Capital Management Inc. decreased its stake in Teradyne, Inc. (NASDAQ:TER) by 10.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,512 shares of the company’s stock after selling 8,919 shares during the period. Victory Capital Management Inc.’s holdings in Teradyne were worth $10,138,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans lifted its stake in shares of 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 acquiring an additional 104 shares during the last quarter. GAMMA Investing LLC increased its holdings in 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 purchasing an additional 105 shares in the last quarter. TD Private Client Wealth LLC raised its position in Teradyne by 0.5% in the third quarter. TD Private Client Wealth LLC now owns 19,904 shares of the company’s stock valued at $2,666,000 after purchasing an additional 108 shares during the last quarter. Wealthcare Advisory Partners LLC boosted its stake in shares of Teradyne by 5.4% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 2,577 shares of the company’s stock valued at $324,000 after purchasing an additional 132 shares in the last quarter. Finally, Empirical Finance LLC grew its holdings in shares of Teradyne by 3.2% during the third quarter. Empirical Finance LLC now owns 4,929 shares of the company’s stock worth $660,000 after purchasing an additional 153 shares during the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Insider Activity

In related news, CFO Sanjay Mehta sold 1,789 shares of the business’s stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $120.51, for a total transaction of $215,592.39. Following the transaction, the chief financial officer now directly owns 33,308 shares in the company, valued at approximately $4,013,947.08. The trade was a 5.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction dated Friday, January 3rd. The shares were sold at an average price of $130.00, for a total transaction of $400,400.00. Following the completion of the sale, the chief executive officer now owns 74,660 shares of the company’s stock, valued at approximately $9,705,800. This trade represents a 3.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,479 shares of company stock worth $1,013,134 over the last 90 days. 0.36% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on TER. JPMorgan Chase & Co. cut their target price on shares of Teradyne from $145.00 to $120.00 and set an “overweight” rating on the stock in a research report on Wednesday. Robert W. Baird cut their price target on shares of Teradyne from $140.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday. UBS Group set a $130.00 price objective on shares of Teradyne and gave the stock a “buy” rating in a research note on Wednesday. Morgan Stanley lowered Teradyne from an “equal weight” rating to an “underweight” rating and lowered their target price for the stock from $121.00 to $117.00 in a research report on Tuesday, January 21st. Finally, TD Cowen reduced their price target on Teradyne from $135.00 to $110.00 and set a “buy” rating on the stock in a research report on Wednesday. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $123.69.

Teradyne Trading Down 1.6 %

NASDAQ TER opened at $85.33 on Friday. The company has a market cap of $13.80 billion, a P/E ratio of 25.62, a PEG ratio of 2.83 and a beta of 1.46. The company has a fifty day simple moving average of $118.48 and a 200 day simple moving average of $120.70. Teradyne, Inc. has a 12-month low of $82.98 and a 12-month high of $163.21.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. Sell-side analysts predict that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 14th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.56%. The ex-dividend date of this dividend is Friday, February 14th. Teradyne’s dividend payout ratio (DPR) is presently 14.41%.

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.