Vise Technologies Inc. Raises Stock Holdings in Teradyne, Inc. $TER

Vise Technologies Inc. boosted its holdings in Teradyne, Inc. (NASDAQ:TERFree Report) by 123.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,435 shares of the company’s stock after purchasing an additional 1,895 shares during the period. Vise Technologies Inc.’s holdings in Teradyne were worth $665,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TER. Davidson Capital Management Inc. purchased a new position in Teradyne in the third quarter valued at about $31,000. CYBER HORNET ETFs LLC purchased a new position in Teradyne in the second quarter valued at about $35,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Teradyne in the fourth quarter valued at about $37,000. KERR FINANCIAL PLANNING Corp purchased a new position in Teradyne in the third quarter valued at about $41,000. Finally, True Wealth Design LLC boosted its holdings in Teradyne by 49.6% in the fourth quarter. True Wealth Design LLC now owns 211 shares of the company’s stock valued at $41,000 after purchasing an additional 70 shares during the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Insider Transactions at Teradyne

In other news, CEO Gregory Stephen Smith sold 8,597 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $338.98, for a total transaction of $2,914,211.06. Following the sale, the chief executive officer directly owned 124,470 shares in the company, valued at approximately $42,192,840.60. This represents a 6.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Ryan Driscoll sold 680 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $377.60, for a total value of $256,768.00. Following the sale, the vice president owned 7,665 shares in the company, valued at $2,894,304. The trade was a 8.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 10,941 shares of company stock worth $3,751,992. 0.19% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Wall Street Zen raised Teradyne from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Citigroup increased their target price on Teradyne from $325.00 to $400.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Morgan Stanley set a $387.00 target price on Teradyne in a report on Thursday, April 30th. Robert W. Baird set a $350.00 target price on Teradyne in a report on Thursday, April 30th. Finally, Weiss Ratings raised Teradyne from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $339.80.

Get Our Latest Analysis on Teradyne

Teradyne News Roundup

Here are the key news stories impacting Teradyne this week:

Teradyne Stock Down 5.9%

NASDAQ:TER opened at $347.59 on Thursday. The business’s 50 day moving average is $360.72 and its two-hundred day moving average is $288.90. Teradyne, Inc. has a 52 week low of $83.00 and a 52 week high of $422.11. The company has a market cap of $54.41 billion, a PE ratio of 64.37, a P/E/G ratio of 1.52 and a beta of 1.79.

Teradyne (NASDAQ:TERGet Free Report) last released its earnings results on Wednesday, April 29th. The company reported $2.56 EPS for the quarter, topping analysts’ consensus estimates of $2.11 by $0.45. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.20 billion. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.Teradyne’s quarterly revenue was up 87.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.75 EPS. As a group, sell-side analysts expect that Teradyne, Inc. will post 7.09 EPS for the current fiscal year.

Teradyne Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Thursday, May 21st will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Thursday, May 21st. This is a positive change from Teradyne’s previous quarterly dividend of $0.12. Teradyne’s payout ratio is currently 9.63%.

About Teradyne

(Free Report)

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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