Hel Ved Capital Management Ltd Acquires Shares of 18,605 Teradyne, Inc. $TER

Hel Ved Capital Management Ltd bought a new position in Teradyne, Inc. (NASDAQ:TER) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 18,605 shares of the company’s stock, valued at approximately $2,561,000.

Several other institutional investors have also made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in shares of Teradyne during the third quarter valued at approximately $31,000. Davidson Capital Management Inc. acquired a new position in Teradyne in the 3rd quarter worth approximately $31,000. CYBER HORNET ETFs LLC purchased a new position in Teradyne during the 2nd quarter worth approximately $35,000. Hemington Wealth Management grew its position in Teradyne by 43.2% during the 3rd quarter. Hemington Wealth Management now owns 262 shares of the company’s stock worth $36,000 after purchasing an additional 79 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new stake in Teradyne during the 2nd quarter valued at $43,000. 99.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently commented on TER shares. Morgan Stanley set a $306.00 target price on Teradyne in a research report on Wednesday, February 11th. Wall Street Zen raised Teradyne from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Northland Securities reissued a “market perform” rating and issued a $270.00 price objective on shares of Teradyne in a research note on Wednesday, February 4th. The Goldman Sachs Group raised their price objective on Teradyne from $230.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Finally, UBS Group lifted their target price on Teradyne from $200.00 to $275.00 and gave the company a “buy” rating in a research note on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $256.24.

Teradyne Price Performance

Teradyne stock opened at $273.05 on Friday. Teradyne, Inc. has a one year low of $65.77 and a one year high of $344.92. The company’s fifty day moving average price is $265.14 and its two-hundred day moving average price is $192.80. The company has a market capitalization of $42.75 billion, a price-to-earnings ratio of 78.46, a PEG ratio of 1.90 and a beta of 1.76.

Teradyne (NASDAQ:TER) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $1.80 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $0.44. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $970.44 million. Teradyne had a return on equity of 22.68% and a net margin of 17.37%.The business’s quarterly revenue was up 43.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.95 earnings per share. As a group, sell-side analysts anticipate that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 13th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.48 dividend on an annualized basis and a yield of 0.2%. Teradyne’s dividend payout ratio is presently 14.94%.

Insider Transactions at Teradyne

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 stock was sold at an average price of $201.31, for a total transaction of $223,051.48. Following the transaction, the chief executive officer owned 93,409 shares in the company, valued at $18,804,165.79. This trade represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.16% of the stock is owned by insiders.

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.