Teradyne, Inc. (NASDAQ:TER) Shares Bought by Wealth Alliance

Wealth Alliance lifted its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 3.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,044 shares of the company’s stock after buying an additional 98 shares during the quarter. Wealth Alliance’s holdings in Teradyne were worth $451,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Ashton Thomas Private Wealth LLC bought a new position in Teradyne during the 2nd quarter valued at $27,000. Rothschild Investment LLC bought a new stake in Teradyne in the second quarter valued at about $33,000. Tortoise Investment Management LLC raised its stake in Teradyne by 76.1% during the second quarter. Tortoise Investment Management LLC now owns 273 shares of the company’s stock valued at $40,000 after buying an additional 118 shares in the last quarter. Versant Capital Management Inc lifted its holdings in Teradyne by 3,800.0% during the 2nd quarter. Versant Capital Management Inc now owns 351 shares of the company’s stock worth $52,000 after buying an additional 342 shares during the last quarter. Finally, Capital Advisors Ltd. LLC grew its position in shares of Teradyne by 559.1% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 435 shares of the company’s stock worth $65,000 after acquiring an additional 369 shares in the last quarter. Institutional investors own 99.77% of the company’s stock.

Insider Buying and Selling at Teradyne

In other news, Director Mercedes Johnson sold 625 shares of the business’s stock in a transaction 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 of the company’s stock, valued at approximately $2,207,504.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 transaction, the chief executive officer now owns 83,816 shares in the company, valued at $10,896,080. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $128.77, for a total value of $80,481.25. Following the completion of the transaction, the director now directly owns 17,143 shares in the company, valued at approximately $2,207,504.11. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,483 shares of company stock valued at $1,383,031. 0.36% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on TER shares. Citigroup dropped their price target on Teradyne from $185.00 to $162.00 and set a “buy” rating on the stock in a research report on Friday, July 26th. Stifel Nicolaus raised their price target on shares of Teradyne from $100.00 to $150.00 and gave the stock a “hold” rating in a research report on Tuesday, July 16th. The Goldman Sachs Group boosted their price objective on shares of Teradyne from $118.00 to $161.00 and gave the company a “buy” rating in a research report on Tuesday, May 28th. KeyCorp raised their target price on shares of Teradyne from $160.00 to $180.00 and gave the stock an “overweight” rating in a report on Friday, July 12th. Finally, JPMorgan Chase & Co. upped their target price on Teradyne from $120.00 to $145.00 and gave the company a “neutral” rating in a report on Tuesday, July 23rd. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $141.50.

Teradyne Stock Performance

NASDAQ:TER opened at $133.82 on Friday. The stock has a market cap of $21.84 billion, a price-to-earnings ratio of 50.88, a PEG ratio of 2.62 and a beta of 1.49. Teradyne, Inc. has a 1 year low of $81.07 and a 1 year high of $163.21. The business has a fifty day moving average of $132.73 and a 200-day moving average of $127.98.

Teradyne (NASDAQ:TER) last announced its earnings results on Wednesday, July 24th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.09. Teradyne had a net margin of 18.33% and a return on equity of 18.77%. The firm had revenue of $729.88 million during the quarter, compared to analyst estimates of $701.20 million. During the same quarter in the prior year, the firm posted $0.79 EPS. Teradyne’s revenue was up 6.6% compared to the same quarter last year. On average, equities research analysts predict that Teradyne, Inc. will post 3.02 EPS for the current year.

Teradyne Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Thursday, September 5th will be given a $0.12 dividend. The ex-dividend date of this dividend is Thursday, September 5th. This represents a $0.48 dividend on an annualized basis and a yield of 0.36%. Teradyne’s dividend payout ratio (DPR) is 18.25%.

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.