Creative Planning Purchases 3,802 Shares of Teradyne, Inc. (NASDAQ:TER)

Creative Planning lifted its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 22.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 20,650 shares of the company’s stock after purchasing an additional 3,802 shares during the quarter. Creative Planning’s holdings in Teradyne were worth $2,766,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC purchased a new position in Teradyne during the second quarter worth about $27,000. Rothschild Investment LLC purchased a new position in shares of Teradyne in the 2nd quarter valued at approximately $33,000. Quarry LP raised its stake in Teradyne by 256.1% during the second quarter. Quarry LP now owns 235 shares of the company’s stock valued at $35,000 after buying an additional 169 shares during the last quarter. 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 during the last quarter. Finally, Versant Capital Management Inc increased its holdings in shares of Teradyne by 3,800.0% in the 2nd quarter. Versant Capital Management Inc now owns 351 shares of the company’s stock worth $52,000 after purchasing an additional 342 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have commented on TER. Stifel Nicolaus reduced their target price on Teradyne from $140.00 to $125.00 and set a “hold” rating for the company in a report on Friday. Evercore ISI boosted their price objective on Teradyne from $130.00 to $145.00 and gave the company an “overweight” rating in a research report on Wednesday, October 9th. Northland Capmk downgraded Teradyne from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 18th. KeyCorp boosted their target price on Teradyne from $160.00 to $180.00 and gave the stock an “overweight” rating in a research report on Friday, July 12th. Finally, Citigroup reduced their price objective on Teradyne from $185.00 to $162.00 and set a “buy” rating on the stock in a research note on Friday, July 26th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Teradyne presently has an average rating of “Hold” and a consensus target price of $138.71.

Insider Activity at Teradyne

In other Teradyne news, Director Mercedes Johnson sold 625 shares of the stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $133.49, for a total transaction of $83,431.25. Following the sale, the director now directly owns 16,518 shares of the company’s stock, valued at approximately $2,204,987.82. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Gregory Stephen Smith sold 3,080 shares of the firm’s stock in a transaction dated 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 directly owns 83,816 shares of the company’s stock, valued at approximately $10,896,080. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Mercedes Johnson sold 625 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $133.49, for a total transaction of $83,431.25. Following the completion of the transaction, the director now directly owns 16,518 shares in the company, valued at $2,204,987.82. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 14,977 shares of company stock valued at $1,979,834 in the last ninety days. Company insiders own 0.36% of the company’s stock.

Teradyne Stock Up 0.9 %

Teradyne stock opened at $111.75 on Friday. The business has a fifty day moving average of $129.41 and a two-hundred day moving average of $131.87. The firm has a market cap of $17.45 billion, a P/E ratio of 42.49, a P/E/G ratio of 2.57 and a beta of 1.49. Teradyne, Inc. has a twelve month low of $81.07 and a twelve month high of $163.21.

Teradyne (NASDAQ:TER) last posted its earnings results on Wednesday, October 23rd. The company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.12. Teradyne had a return on equity of 18.77% and a net margin of 18.33%. The company had revenue of $737.30 million during the quarter, compared to analyst estimates of $716.40 million. During the same quarter in the prior year, the business earned $0.80 earnings per share. Teradyne’s revenue was up 4.8% on a year-over-year basis. Equities analysts expect that Teradyne, Inc. will post 3.02 earnings per share for the current year.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Thursday, September 5th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.43%. The ex-dividend date was Thursday, September 5th. Teradyne’s payout ratio is 18.25%.

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.