Jackson Creek Investment Advisors LLC Purchases Shares of 2,202 Teradyne, Inc. $TER

Jackson Creek Investment Advisors LLC purchased a new stake in Teradyne, Inc. (NASDAQ:TER) during the fourth quarter, Holdings Channel reports. The firm purchased 2,202 shares of the company’s stock, valued at approximately $426,000.

A number of other large investors have also recently bought and sold shares of TER. Stephens Inc. AR boosted its stake in Teradyne by 1.2% in the fourth quarter. Stephens Inc. AR now owns 3,332 shares of the company’s stock worth $645,000 after purchasing an additional 41 shares in the last quarter. Sapient Capital LLC boosted its stake in Teradyne by 1.5% in the fourth quarter. Sapient Capital LLC now owns 2,849 shares of the company’s stock worth $560,000 after purchasing an additional 43 shares in the last quarter. IFP Advisors Inc boosted its stake in Teradyne by 2.1% in the fourth quarter. IFP Advisors Inc now owns 2,731 shares of the company’s stock worth $529,000 after purchasing an additional 57 shares in the last quarter. Quent Capital LLC boosted its stake in Teradyne by 3.8% in the fourth quarter. Quent Capital LLC now owns 1,738 shares of the company’s stock worth $336,000 after purchasing an additional 63 shares in the last quarter. Finally, Huntington National Bank boosted its stake in Teradyne by 1.8% in the third quarter. Huntington National Bank now owns 3,566 shares of the company’s stock worth $491,000 after purchasing an additional 64 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors.

Teradyne News Summary

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Analysts have recently turned more constructive on Teradyne, with higher earnings estimates, improved brokerage recommendations, and several bullish price targets that suggest Wall Street still sees upside after the company’s strong quarterly results. Assessing Teradyne (TER) Valuation After Upgraded Analyst Ratings And Higher Earnings Estimates
• Positive Sentiment: Teradyne remains in focus as an AI beneficiary, with recent commentary highlighting strong demand trends in AI-driven tech and positioning TER alongside other chip and test-equipment names benefiting from the buildout. 5 AI Stocks to Buy as Markets Defy “Sell in May and Go Away” Adage
• Positive Sentiment: The company’s latest earnings report was a clear beat, with EPS and revenue both topping expectations and management indicating that a large share of revenue was tied to AI-related demand, reinforcing the growth narrative. Teradyne Insider Trades / Earnings Coverage

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on TER shares. Stifel Nicolaus boosted their price objective on Teradyne from $325.00 to $390.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. The Goldman Sachs Group boosted their price objective on Teradyne from $300.00 to $350.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Evercore set a $370.00 price objective on Teradyne in a research note on Thursday, April 30th. 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. Finally, Royal Bank Of Canada set a $270.00 price objective on Teradyne in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $339.80.

Teradyne Stock Up 1.8%

Shares of TER opened at $382.65 on Friday. Teradyne, Inc. has a 12-month low of $77.02 and a 12-month high of $422.11. The firm has a market capitalization of $59.90 billion, a PE ratio of 70.86, a price-to-earnings-growth ratio of 1.55 and a beta of 1.79. The stock’s fifty day simple moving average is $346.87 and its 200-day simple moving average is $275.75.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $2.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.11 by $0.45. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the prior year, the firm posted $0.75 earnings per share. The firm’s revenue for the quarter was up 87.0% compared to the same quarter last year. Analysts anticipate that Teradyne, Inc. will post 7.09 EPS for the current year.

Teradyne Increases Dividend

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

Insider Activity at Teradyne

In related news, VP Ryan Driscoll sold 680 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $377.60, for a total value of $256,768.00. Following the completion of the sale, the vice president owned 7,665 shares in the company, valued at approximately $2,894,304. This represents a 8.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory Stephen Smith sold 8,597 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $338.98, for a total value of $2,914,211.06. Following the completion of the sale, the chief executive officer owned 124,470 shares of the company’s stock, valued at $42,192,840.60. This represents a 6.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 10,941 shares of company stock worth $3,751,992. 0.19% of the stock is owned by insiders.

About Teradyne

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.