Mercedes Johnson Sells 750 Shares of Teradyne, Inc. (NASDAQ:TER) Stock

Teradyne, Inc. (NASDAQ:TERGet Rating) Director Mercedes Johnson sold 750 shares of the company’s stock in a transaction dated Monday, January 23rd. The stock was sold at an average price of $100.00, for a total transaction of $75,000.00. Following the completion of the transaction, the director now owns 19,737 shares in the company, valued at $1,973,700. The sale was disclosed in a filing with the SEC, which is available through this link.

Teradyne Trading Up 0.4 %

TER stock traded up $0.42 during trading on Wednesday, reaching $103.44. 1,485,000 shares of the stock were exchanged, compared to its average volume of 1,441,950. The company has a current ratio of 3.03, a quick ratio of 2.59 and a debt-to-equity ratio of 0.02. The business has a 50 day moving average price of $91.97 and a 200-day moving average price of $88.00. Teradyne, Inc. has a 1 year low of $67.81 and a 1 year high of $147.94. The firm has a market capitalization of $16.11 billion, a price-to-earnings ratio of 23.14, a P/E/G ratio of 6.37 and a beta of 1.52.

Teradyne (NASDAQ:TERGet Rating) last released its quarterly earnings results on Tuesday, October 25th. The company reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.11. The business had revenue of $827.07 million for the quarter, compared to the consensus estimate of $800.20 million. Teradyne had a net margin of 23.38% and a return on equity of 33.39%. The business’s revenue was down 13.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.59 EPS. On average, research analysts predict that Teradyne, Inc. will post 4.07 earnings per share for the current year.

Teradyne Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 21st. Stockholders of record on Monday, November 28th were paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date was Friday, November 25th. Teradyne’s dividend payout ratio (DPR) is 9.84%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TER. Morgan Stanley dropped their price objective on shares of Teradyne from $116.00 to $92.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 27th. Evercore ISI set a $110.00 target price on shares of Teradyne in a report on Wednesday, November 23rd. TheStreet raised shares of Teradyne from a “c+” rating to a “b-” rating in a report on Tuesday. The Goldman Sachs Group dropped their price target on shares of Teradyne from $106.00 to $93.00 and set a “neutral” rating on the stock in a research report on Thursday, October 27th. Finally, StockNews.com began coverage on shares of Teradyne in a research report on Wednesday, October 12th. They set a “hold” rating on the stock. Ten analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $96.20.

Institutional Investors Weigh In On Teradyne

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Lake Street Financial LLC raised its stake in shares of Teradyne by 6.3% in the 4th quarter. Lake Street Financial LLC now owns 6,167 shares of the company’s stock valued at $539,000 after acquiring an additional 365 shares during the period. Greenleaf Trust acquired a new position in shares of Teradyne in the fourth quarter valued at approximately $279,000. Fifth Third Bancorp grew its holdings in shares of Teradyne by 23.8% in the fourth quarter. Fifth Third Bancorp now owns 9,389 shares of the company’s stock valued at $820,000 after purchasing an additional 1,806 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in shares of Teradyne by 4,050.4% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 23,948 shares of the company’s stock valued at $2,092,000 after purchasing an additional 23,371 shares in the last quarter. Finally, Whittier Trust Co. grew its holdings in shares of Teradyne by 21,775.3% in the fourth quarter. Whittier Trust Co. now owns 43,313 shares of the company’s stock valued at $3,783,000 after purchasing an additional 43,115 shares in the last quarter. 97.05% of the stock is owned by hedge funds and other institutional investors.

About Teradyne

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Teradyne, Inc engages in the development and sale of automatic test systems. It operates through the following segments: Semiconductor Test, Industrial Automation, System Test, Wireless Test, and Corporate and Other. The Semiconductor Test segment designs, manufactures, and markets semiconductor test products and services.

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Insider Buying and Selling by Quarter for Teradyne (NASDAQ:TER)

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