Y.D. More Investments Ltd Buys Shares of 2,500 Teradyne, Inc. $TER

Y.D. More Investments Ltd bought a new position in Teradyne, Inc. (NASDAQ:TER) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,500 shares of the company’s stock, valued at approximately $344,000.

A number of other large investors have also made changes to their positions in TER. Vanguard Group Inc. lifted its stake in shares of Teradyne by 2.1% in the 3rd quarter. Vanguard Group Inc. now owns 21,417,717 shares of the company’s stock worth $2,947,935,000 after purchasing an additional 444,940 shares during the period. Ameriprise Financial Inc. grew its position in Teradyne by 3.0% during the second quarter. Ameriprise Financial Inc. now owns 4,920,100 shares of the company’s stock valued at $442,413,000 after buying an additional 143,058 shares during the period. Federated Hermes Inc. increased its holdings in Teradyne by 79.7% during the second quarter. Federated Hermes Inc. now owns 3,785,067 shares of the company’s stock valued at $340,353,000 after buying an additional 1,679,215 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in Teradyne by 11.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 3,473,173 shares of the company’s stock worth $490,134,000 after acquiring an additional 354,876 shares during the period. Finally, Primecap Management Co. CA raised its position in Teradyne by 58.6% in the second quarter. Primecap Management Co. CA now owns 3,047,558 shares of the company’s stock worth $274,036,000 after acquiring an additional 1,125,868 shares during the period. 99.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Zacks Research raised shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 4th. Cantor Fitzgerald lifted their target price on Teradyne from $240.00 to $270.00 and gave the company an “overweight” rating in a research report on Monday, February 2nd. Susquehanna reissued a “positive” rating and set a $335.00 price target on shares of Teradyne in a report on Wednesday, February 4th. Stifel Nicolaus set a $325.00 price target on Teradyne in a research report on Wednesday, February 4th. Finally, Vertical Research downgraded Teradyne from a “buy” rating to a “hold” rating and set a $220.00 price objective on the stock. in a research note on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Teradyne currently has a consensus rating of “Moderate Buy” and a consensus price target of $256.24.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 1,108 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $201.31, for a total transaction of $223,051.48. Following the completion of the sale, the chief executive officer directly owned 93,409 shares of the company’s stock, valued at $18,804,165.79. This trade represents a 1.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.16% of the stock is owned by insiders.

Teradyne Stock Performance

Shares of Teradyne stock opened at $324.85 on Friday. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $327.99. The company has a market capitalization of $50.87 billion, a P/E ratio of 93.35, a P/E/G ratio of 1.96 and a beta of 1.83. The company has a fifty day moving average of $240.98 and a 200 day moving average of $178.43.

Teradyne (NASDAQ:TER) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $1.80 EPS for the quarter, beating the consensus estimate of $1.36 by $0.44. The business had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $970.44 million. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.The business’s revenue was up 43.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.95 earnings per share. Analysts forecast that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 13th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.1%. The ex-dividend date is Friday, February 13th. Teradyne’s dividend payout ratio is presently 14.94%.

Teradyne Profile

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.