RWA Wealth Partners LLC Purchases 2,657 Shares of Teradyne, Inc. (NASDAQ:TER)

RWA Wealth Partners LLC raised its position in shares of Teradyne, Inc. (NASDAQ:TER) by 11.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 26,207 shares of the company’s stock after purchasing an additional 2,657 shares during the quarter. RWA Wealth Partners LLC’s holdings in Teradyne were worth $2,844,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Marshall Financial Group LLC increased its stake in Teradyne by 1.2% during the 4th quarter. Marshall Financial Group LLC now owns 8,251 shares of the company’s stock valued at $895,000 after purchasing an additional 96 shares in the last quarter. Massmutual Trust Co. FSB ADV grew its stake in shares of Teradyne by 24.0% in the fourth quarter. Massmutual Trust Co. FSB ADV now owns 517 shares of the company’s stock worth $56,000 after acquiring an additional 100 shares during the period. TFC Financial Management Inc. grew its stake in shares of Teradyne by 18.3% in the third quarter. TFC Financial Management Inc. now owns 745 shares of the company’s stock worth $75,000 after acquiring an additional 115 shares during the period. Lido Advisors LLC grew its stake in shares of Teradyne by 0.6% in the third quarter. Lido Advisors LLC now owns 20,369 shares of the company’s stock worth $2,046,000 after acquiring an additional 125 shares during the period. Finally, Guinness Asset Management LTD grew its stake in shares of Teradyne by 2.5% in the third quarter. Guinness Asset Management LTD now owns 5,233 shares of the company’s stock worth $525,000 after acquiring an additional 130 shares during the period. 99.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

TER has been the subject of a number of research analyst reports. JPMorgan Chase & Co. lifted their price target on shares of Teradyne from $100.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, April 11th. Evercore ISI initiated coverage on shares of Teradyne in a research note on Tuesday, April 16th. They issued an “outperform” rating and a $130.00 price target for the company. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $110.00 price target on shares of Teradyne in a research note on Monday, March 4th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $113.73.

Teradyne Trading Up 2.1 %

TER opened at $99.85 on Wednesday. Teradyne, Inc. has a 12-month low of $81.07 and a 12-month high of $119.20. The company has a market cap of $15.27 billion, a price-to-earnings ratio of 36.58 and a beta of 1.56. The company’s 50 day moving average is $105.27 and its 200 day moving average is $100.37.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Tuesday, January 30th. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.07. Teradyne had a net margin of 16.77% and a return on equity of 19.45%. The business had revenue of $670.60 million for the quarter, compared to the consensus estimate of $674.99 million. During the same quarter in the previous year, the firm earned $0.92 earnings per share. The company’s revenue for the quarter was down 8.4% on a year-over-year basis. As a group, analysts predict that Teradyne, Inc. will post 2.82 EPS for the current fiscal year.

Insider Buying and Selling at Teradyne

In other Teradyne news, CFO Sanjay Mehta sold 1,083 shares of Teradyne stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $110.95, for a total transaction of $120,158.85. Following the transaction, the chief financial officer now owns 45,107 shares of the company’s stock, valued at $5,004,621.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Teradyne news, CFO Sanjay Mehta sold 1,083 shares of Teradyne stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $110.95, for a total transaction of $120,158.85. Following the transaction, the chief financial officer now owns 45,107 shares of the company’s stock, valued at $5,004,621.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ernest E. Maddock acquired 1,000 shares of Teradyne stock in a transaction dated Thursday, February 1st. The shares were bought at an average price of $94.07 per share, for a total transaction of $94,070.00. Following the transaction, the director now owns 4,728 shares of the company’s stock, valued at $444,762.96. The disclosure for this purchase can be found here. Insiders have sold 11,797 shares of company stock valued at $1,248,237 over the last 90 days. 0.18% of the stock is currently owned by corporate insiders.

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.