Ifrah Financial Services Inc. Sells 379 Shares of Teradyne, Inc. (NASDAQ:TER)

Ifrah Financial Services Inc. cut its position in shares of Teradyne, Inc. (NASDAQ:TER) by 7.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,743 shares of the company’s stock after selling 379 shares during the quarter. Ifrah Financial Services Inc.’s holdings in Teradyne were worth $515,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Mutual of America Capital Management LLC boosted its holdings in Teradyne by 6.6% in the fourth quarter. Mutual of America Capital Management LLC now owns 41,973 shares of the company’s stock worth $4,555,000 after acquiring an additional 2,590 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in Teradyne by 8,125.5% in the fourth quarter. International Assets Investment Management LLC now owns 133,088 shares of the company’s stock worth $14,443,000 after acquiring an additional 131,470 shares in the last quarter. Raymond James & Associates boosted its holdings in Teradyne by 3.8% in the fourth quarter. Raymond James & Associates now owns 448,581 shares of the company’s stock worth $48,680,000 after acquiring an additional 16,595 shares in the last quarter. Value Aligned Research Advisors LLC bought a new stake in Teradyne in the fourth quarter worth $2,981,000. Finally, Louisiana State Employees Retirement System bought a new stake in Teradyne in the fourth quarter worth $998,000. 99.77% of the stock is currently owned by institutional investors.

Teradyne Price Performance

Teradyne stock traded up $3.05 during mid-day trading on Friday, reaching $120.44. 2,694,180 shares of the stock traded hands, compared to its average volume of 2,462,491. The stock has a market capitalization of $18.42 billion, a PE ratio of 45.79 and a beta of 1.50. Teradyne, Inc. has a 12-month low of $81.07 and a 12-month high of $121.86. The business’s 50-day moving average is $107.25 and its 200-day moving average is $101.19.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.18. The company had revenue of $599.82 million during the quarter, compared to analysts’ expectations of $566.31 million. Teradyne had a return on equity of 18.88% and a net margin of 16.15%. Teradyne’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.55 earnings per share. Equities analysts anticipate that Teradyne, Inc. will post 2.99 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on TER shares. Susquehanna boosted their price target on Teradyne from $125.00 to $130.00 and gave the stock a “positive” rating in a research note on Friday, April 26th. JPMorgan Chase & Co. boosted their price target on Teradyne from $100.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, April 11th. Cantor Fitzgerald restated a “neutral” rating and issued a $110.00 price target on shares of Teradyne in a research note on Thursday, April 25th. Evercore ISI started coverage on Teradyne in a research note on Tuesday, April 16th. They issued an “outperform” rating and a $130.00 price target for the company. Finally, Robert W. Baird boosted their price target on Teradyne from $110.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $117.83.

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.