Cwm LLC Acquires 1,227 Shares of Teradyne, Inc. (NASDAQ:TER)

Cwm LLC lifted its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 33.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 4,848 shares of the company’s stock after purchasing an additional 1,227 shares during the quarter. Cwm LLC’s holdings in Teradyne were worth $649,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in TER. Ashton Thomas Private Wealth LLC bought a new stake in Teradyne in the 2nd quarter valued at $27,000. Rothschild Investment LLC bought a new stake in Teradyne in the 2nd quarter valued at $33,000. Quarry LP boosted its stake in Teradyne by 256.1% in the 2nd quarter. Quarry LP now owns 235 shares of the company’s stock valued at $35,000 after purchasing an additional 169 shares during the period. Tortoise Investment Management LLC boosted its stake in Teradyne by 76.1% in the 2nd quarter. Tortoise Investment Management LLC now owns 273 shares of the company’s stock valued at $40,000 after purchasing an additional 118 shares during the period. Finally, Versant Capital Management Inc boosted its stake in Teradyne by 3,800.0% in the 2nd quarter. Versant Capital Management Inc now owns 351 shares of the company’s stock valued at $52,000 after purchasing an additional 342 shares during the period. 99.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Teradyne

In other Teradyne news, CFO Sanjay Mehta sold 6,153 shares of the company’s stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total value of $818,718.18. Following the sale, the chief financial officer now owns 35,834 shares in the company, valued at approximately $4,768,072.04. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other Teradyne news, CFO Sanjay Mehta sold 6,153 shares of the company’s stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total value of $818,718.18. Following the sale, the chief financial officer now owns 35,834 shares in the company, valued at approximately $4,768,072.04. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mercedes Johnson sold 625 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $132.80, for a total value of $83,000.00. Following the sale, the director now directly owns 15,893 shares of the company’s stock, valued at $2,110,590.40. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 14,977 shares of company stock worth $1,979,834. Insiders own 0.36% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on TER. KeyCorp boosted their price target on Teradyne from $160.00 to $180.00 and gave the company an “overweight” rating in a research note on Friday, July 12th. Cantor Fitzgerald upgraded Teradyne from a “neutral” rating to an “overweight” rating and set a $160.00 price target for the company in a research note on Friday, August 16th. Stifel Nicolaus lifted their price objective on Teradyne from $100.00 to $150.00 and gave the company a “hold” rating in a report on Tuesday, July 16th. Northland Capmk cut Teradyne from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 18th. Finally, Craig Hallum cut 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. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Teradyne presently has an average rating of “Hold” and a consensus target price of $142.57.

Teradyne Stock Down 0.9 %

Shares of TER opened at $126.04 on Friday. Teradyne, Inc. has a 12-month low of $81.07 and a 12-month high of $163.21. The business has a 50-day simple moving average of $130.24 and a two-hundred day simple moving average of $131.33. The stock has a market cap of $19.68 billion, a PE ratio of 47.92, a PEG ratio of 2.74 and a beta of 1.49.

Teradyne (NASDAQ:TER) last issued its earnings results on Wednesday, July 24th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.09. Teradyne had a return on equity of 18.77% and a net margin of 18.33%. The business had revenue of $729.88 million during the quarter, compared to analysts’ expectations of $701.20 million. During the same quarter in the prior year, the firm earned $0.79 EPS. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. On average, equities research analysts expect that Teradyne, Inc. will post 3.02 EPS for the current year.

Teradyne Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 5th were given a $0.12 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.38%. Teradyne’s dividend payout ratio (DPR) is presently 18.25%.

Teradyne 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.