Teradyne, Inc. (NASDAQ:TER) Shares Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC lifted its position in Teradyne, Inc. (NASDAQ:TER) by 8.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,282 shares of the company’s stock after acquiring an additional 254 shares during the period. Sequoia Financial Advisors LLC’s holdings in Teradyne were worth $440,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Swedbank AB raised its position in Teradyne by 198.8% during the 2nd quarter. Swedbank AB now owns 641,614 shares of the company’s stock worth $95,145,000 after buying an additional 426,900 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its position in Teradyne by 17.6% during the first quarter. CANADA LIFE ASSURANCE Co now owns 335,636 shares of the company’s stock valued at $37,887,000 after purchasing an additional 50,156 shares during the period. Janney Montgomery Scott LLC boosted its holdings in Teradyne by 8.2% in the first quarter. Janney Montgomery Scott LLC now owns 188,733 shares of the company’s stock valued at $21,295,000 after purchasing an additional 14,272 shares during the last quarter. MBB Public Markets I LLC purchased a new stake in Teradyne in the second quarter valued at $1,619,000. Finally, Empowered Funds LLC grew its position in Teradyne by 137.6% during the 1st quarter. Empowered Funds LLC now owns 20,028 shares of the company’s stock worth $2,260,000 after purchasing an additional 11,599 shares during the period. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Insider Activity at Teradyne

In other news, Director Mercedes Johnson sold 625 shares of the company’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 completion of the sale, the director now directly owns 17,143 shares in the company, valued at $2,207,504.11. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Teradyne news, CFO Sanjay Mehta sold 6,153 shares of Teradyne stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total value of $818,718.18. Following the sale, the chief financial officer now owns 35,834 shares in the company, valued at $4,768,072.04. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mercedes Johnson sold 625 shares of the company’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 transaction of $80,481.25. Following the completion of the transaction, the director now owns 17,143 shares in the company, valued at approximately $2,207,504.11. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 14,977 shares of company stock valued at $1,979,834. Corporate insiders own 0.36% of the company’s stock.

Teradyne Trading Up 0.9 %

NASDAQ:TER opened at $111.75 on Monday. The stock has a 50 day moving average of $129.41 and a two-hundred day moving average of $132.05. Teradyne, Inc. has a 12 month low of $81.07 and a 12 month high of $163.21. The firm has a market cap of $17.45 billion, a P/E ratio of 42.49, a price-to-earnings-growth ratio of 2.57 and a beta of 1.49.

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

Teradyne Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts have recently issued reports on TER shares. Cantor Fitzgerald raised Teradyne from a “neutral” rating to an “overweight” rating and set a $160.00 price objective for the company in a report on Friday, August 16th. Robert W. Baird lowered their price objective on Teradyne from $140.00 to $133.00 and set an “outperform” rating on the stock in a research report on Friday. Northland Securities dropped their price objective on shares of Teradyne from $126.00 to $117.00 and set a “market perform” rating on the stock in a research note on Friday. Northland Capmk cut shares of Teradyne from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 18th. Finally, KeyCorp raised their price target on shares of Teradyne from $160.00 to $180.00 and gave the company an “overweight” rating in a research report on Friday, July 12th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Teradyne has an average rating of “Hold” and a consensus target price of $142.62.

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.