Inspire Advisors LLC Sells 790 Shares of Teradyne, Inc. (NASDAQ:TER)

Inspire Advisors LLC decreased its position in Teradyne, Inc. (NASDAQ:TER) by 12.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,584 shares of the company’s stock after selling 790 shares during the period. Inspire Advisors LLC’s holdings in Teradyne were worth $748,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. Van ECK Associates Corp grew its position in Teradyne by 10.4% during the first quarter. Van ECK Associates Corp now owns 4,815,017 shares of the company’s stock valued at $543,278,000 after buying an additional 453,926 shares during the period. Swedbank AB grew its position in shares of Teradyne by 198.8% during the 2nd quarter. Swedbank AB now owns 641,614 shares of the company’s stock valued at $95,145,000 after acquiring an additional 426,900 shares during the period. Ossiam grew its position in shares of Teradyne by 13,540.0% during the 1st quarter. Ossiam now owns 419,977 shares of the company’s stock valued at $47,386,000 after acquiring an additional 416,898 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in shares of Teradyne by 4,854.1% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 398,009 shares of the company’s stock worth $44,907,000 after purchasing an additional 389,975 shares during the last quarter. Finally, Nordea Investment Management AB lifted its stake in Teradyne by 14.6% in the first quarter. Nordea Investment Management AB now owns 3,028,930 shares of the company’s stock valued at $342,178,000 after purchasing an additional 385,115 shares during the last quarter. Institutional investors own 99.77% of the company’s stock.

Wall Street Analyst Weigh In

TER has been the subject of a number of recent research reports. Northland Capmk downgraded Teradyne from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 18th. Craig Hallum lowered Teradyne from a “buy” rating to a “hold” rating and set a $124.00 price objective for the company. in a report on Friday, July 26th. Evercore ISI upped their price objective on shares of Teradyne from $130.00 to $145.00 and gave the company an “overweight” rating in a report on Wednesday, October 9th. KeyCorp lifted their target price on shares of Teradyne from $160.00 to $180.00 and gave the stock an “overweight” rating in a research note on Friday, July 12th. Finally, Robert W. Baird upped their price target on shares of Teradyne from $120.00 to $140.00 and gave the company an “outperform” rating in a research note on Monday, July 29th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Teradyne has a consensus rating of “Hold” and an average target price of $142.57.

Insider Buying and Selling

In other news, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $128.77, for a total value of $80,481.25. Following the completion of the transaction, the director now directly owns 17,143 shares in the company, valued at approximately $2,207,504.11. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Teradyne news, CFO Sanjay Mehta sold 6,153 shares of the business’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $133.06, for a total value of $818,718.18. Following the completion of the sale, the chief financial officer now directly owns 35,834 shares of the company’s stock, valued at $4,768,072.04. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $128.77, for a total transaction of $80,481.25. Following the sale, the director now owns 17,143 shares of the company’s stock, valued at approximately $2,207,504.11. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 14,977 shares of company stock worth $1,979,834. Corporate insiders own 0.36% of the company’s stock.

Teradyne Stock Performance

NASDAQ:TER opened at $126.04 on Friday. Teradyne, Inc. has a 52-week low of $81.07 and a 52-week high of $163.21. The stock has a fifty day moving average of $130.24 and a 200 day moving average of $131.33. The firm has a market capitalization of $19.68 billion, a price-to-earnings ratio of 47.92, a P/E/G ratio of 2.74 and a beta of 1.49.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Wednesday, July 24th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.09. The firm had revenue of $729.88 million during the quarter, compared to the consensus estimate of $701.20 million. Teradyne had a return on equity of 18.77% and a net margin of 18.33%. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter last year, the company posted $0.79 EPS. Equities analysts forecast that Teradyne, Inc. will post 3.02 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, September 5th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date of this dividend was Thursday, September 5th. Teradyne’s dividend payout ratio is currently 18.25%.

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.