Teradyne, Inc. (NASDAQ:TER) Shares Acquired by Venturi Wealth Management LLC

Venturi Wealth Management LLC increased its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 33.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,275 shares of the company’s stock after purchasing an additional 823 shares during the quarter. Venturi Wealth Management LLC’s holdings in Teradyne were worth $439,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. SG Americas Securities LLC increased its stake in shares of Teradyne by 95.9% during the first quarter. SG Americas Securities LLC now owns 22,120 shares of the company’s stock worth $2,496,000 after buying an additional 10,831 shares during the period. Avantax Advisory Services Inc. lifted its position in shares of Teradyne by 8.0% during the 1st quarter. Avantax Advisory Services Inc. now owns 12,624 shares of the company’s stock worth $1,424,000 after purchasing an additional 933 shares during the last quarter. ProShare Advisors LLC grew its stake in shares of Teradyne by 11.4% during the first quarter. ProShare Advisors LLC now owns 44,731 shares of the company’s stock worth $5,047,000 after purchasing an additional 4,591 shares in the last quarter. Bleakley Financial Group LLC increased its holdings in Teradyne by 7.3% in the first quarter. Bleakley Financial Group LLC now owns 8,661 shares of the company’s stock valued at $977,000 after buying an additional 590 shares during the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its stake in Teradyne by 4,854.1% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 398,009 shares of the company’s stock valued at $44,907,000 after buying an additional 389,975 shares in the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Stifel Nicolaus dropped their price objective on Teradyne from $140.00 to $125.00 and set a “hold” rating on the stock in a report on Friday, October 25th. Northland Securities cut their price objective on shares of Teradyne from $126.00 to $117.00 and set a “market perform” rating on the stock in a report on Friday, October 25th. Citigroup lowered their target price on shares of Teradyne from $185.00 to $162.00 and set a “buy” rating for the company in a report on Friday, July 26th. Evercore ISI lifted their price target on shares of Teradyne from $130.00 to $145.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 9th. Finally, Cantor Fitzgerald upgraded shares of Teradyne from a “neutral” rating to an “overweight” rating and set a $160.00 price objective for the company in a research note on Friday, August 16th. One analyst has rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $142.62.

Insiders Place Their Bets

In other news, CFO Sanjay Mehta sold 6,153 shares of the stock in a transaction dated 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 transaction, the chief financial officer now owns 35,834 shares in the company, valued at $4,768,072.04. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CFO Sanjay Mehta sold 6,153 shares of the firm’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total value of $818,718.18. Following the completion of the transaction, the chief financial officer now directly owns 35,834 shares of the company’s stock, valued at $4,768,072.04. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Mercedes Johnson sold 625 shares of the business’s stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $133.49, for a total value of $83,431.25. Following the sale, the director now owns 16,518 shares in the company, valued at approximately $2,204,987.82. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 14,352 shares of company stock worth $1,899,353. Corporate insiders own 0.18% of the company’s stock.

Teradyne Stock Performance

TER stock opened at $108.33 on Wednesday. The stock has a market capitalization of $17.64 billion, a PE ratio of 34.39, a price-to-earnings-growth ratio of 2.37 and a beta of 1.52. The company has a fifty day moving average of $123.83 and a 200-day moving average of $132.52. Teradyne, Inc. has a one year low of $85.75 and a one year high of $163.21.

Teradyne (NASDAQ:TER) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.78 by $0.12. The company had revenue of $737.30 million for the quarter, compared to analyst estimates of $716.40 million. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.80 EPS. Equities analysts forecast that Teradyne, Inc. will post 3.15 earnings per share for the current fiscal year.

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Monday, November 25th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.44%. Teradyne’s payout ratio is 15.24%.

Teradyne declared that its Board of Directors has initiated a share repurchase program on Monday, November 11th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the company to buy up to 0.6% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

About Teradyne

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.