373 Shares in Teradyne, Inc. (NASDAQ:TER) Purchased by Atala Financial Inc

Atala Financial Inc purchased a new position in shares of Teradyne, Inc. (NASDAQ:TER) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 373 shares of the company’s stock, valued at approximately $47,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of TER. Apollon Wealth Management LLC grew its holdings in Teradyne by 7.2% during the third quarter. Apollon Wealth Management LLC now owns 2,362 shares of the company’s stock worth $316,000 after purchasing an additional 159 shares during the period. Entropy Technologies LP bought a new stake in shares of Teradyne during the third quarter worth approximately $647,000. Victory Capital Management Inc. boosted its holdings in shares of Teradyne by 6.8% during the third quarter. Victory Capital Management Inc. now owns 89,431 shares of the company’s stock worth $11,977,000 after acquiring an additional 5,686 shares during the period. Huntington National Bank boosted its holdings in shares of Teradyne by 103.1% during the third quarter. Huntington National Bank now owns 581 shares of the company’s stock worth $78,000 after acquiring an additional 295 shares during the period. Finally, Metis Global Partners LLC boosted its holdings in shares of Teradyne by 5.7% during the third quarter. Metis Global Partners LLC now owns 5,154 shares of the company’s stock worth $690,000 after acquiring an additional 279 shares during the period. Institutional investors own 99.77% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TER. Bank of America reduced their price objective on Teradyne from $100.00 to $85.00 and set an “underperform” rating for the company in a report on Wednesday. Cantor Fitzgerald reduced their price objective on Teradyne from $150.00 to $110.00 and set an “overweight” rating for the company in a report on Wednesday. TD Cowen reduced their price objective on Teradyne from $135.00 to $110.00 and set a “buy” rating for the company in a report on Wednesday. Susquehanna reduced their price objective on Teradyne from $165.00 to $155.00 and set a “positive” rating for the company in a report on Wednesday. Finally, Robert W. Baird reduced their price objective on Teradyne from $140.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $121.44.

Insider Activity

In other news, insider Richard John Burns sold 445 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $111.49, for a total value of $49,613.05. Following the completion of the transaction, the insider now directly owns 25,191 shares in the company, valued at approximately $2,808,544.59. This represents a 1.74 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction on Friday, January 3rd. 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 owns 74,660 shares of the company’s stock, valued at $9,705,800. The trade was a 3.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,479 shares of company stock worth $1,013,134. Insiders own 0.36% of the company’s stock.

Teradyne Price Performance

NASDAQ TER opened at $86.74 on Friday. The business has a fifty day moving average price of $117.60 and a two-hundred day moving average price of $120.38. Teradyne, Inc. has a fifty-two week low of $82.98 and a fifty-two week high of $163.21. The stock has a market capitalization of $14.03 billion, a PE ratio of 26.05, a PEG ratio of 2.83 and a beta of 1.46.

Teradyne (NASDAQ:TER) last released its earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. As a group, sell-side analysts expect that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date was Friday, February 14th. Teradyne’s payout ratio is 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.