Teradyne, Inc. (NASDAQ:TER - Get Free Report) CFO Sanjay Mehta sold 3,750 shares of the stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $120.06, for a total value of $450,225.00. Following the transaction, the chief financial officer now owns 41,902 shares in the company, valued at approximately $5,030,754.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Teradyne Stock Performance
Shares of TER stock opened at $121.09 on Wednesday. Teradyne, Inc. has a fifty-two week low of $81.07 and a fifty-two week high of $123.65. The stock's fifty day moving average price is $107.65 and its two-hundred day moving average price is $101.48. The company has a market cap of $18.52 billion, a PE ratio of 46.04 and a beta of 1.50.
Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings data on Wednesday, April 24th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.18. The business had revenue of $599.82 million for the quarter, compared to analyst estimates of $566.31 million. Teradyne had a return on equity of 18.88% and a net margin of 16.15%. Teradyne's revenue was down 2.9% compared to the same quarter last year. During the same period last year, the firm posted $0.55 earnings per share. On average, equities analysts predict that Teradyne, Inc. will post 2.99 EPS for the current fiscal year.
Wall Street Analyst Weigh In
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A number of research firms have recently weighed in on TER. Robert W. Baird lifted their target price on Teradyne from $110.00 to $120.00 and gave the stock an "outperform" rating in a report on Friday, April 26th. JPMorgan Chase & Co. boosted their price objective on shares of Teradyne from $100.00 to $110.00 and gave the company a "neutral" rating in a report on Thursday, April 11th. Evercore ISI initiated coverage on shares of Teradyne in a report on Tuesday, April 16th. They set an "outperform" rating and a $130.00 target price on the stock. Cantor Fitzgerald reiterated a "neutral" rating and issued a $110.00 price target on shares of Teradyne in a research note on Thursday, April 25th. Finally, Susquehanna raised their price objective on Teradyne from $125.00 to $130.00 and gave the stock a "positive" rating in a research note on Friday, April 26th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $117.83.
View Our Latest Analysis on TER
Hedge Funds Weigh In On Teradyne
A number of institutional investors have recently added to or reduced their stakes in TER. Marshall Financial Group LLC grew its stake in shares of Teradyne by 1.2% during the fourth quarter. Marshall Financial Group LLC now owns 8,251 shares of the company's stock worth $895,000 after buying an additional 96 shares during the last quarter. Massmutual Trust Co. FSB ADV grew its position in Teradyne by 24.0% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 517 shares of the company's stock worth $56,000 after acquiring an additional 100 shares during the last quarter. Benjamin F. Edwards & Company Inc. increased its holdings in Teradyne by 4.8% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 2,346 shares of the company's stock worth $255,000 after purchasing an additional 107 shares in the last quarter. Congress Asset Management Co. MA raised its position in Teradyne by 2.9% in the fourth quarter. Congress Asset Management Co. MA now owns 3,860 shares of the company's stock valued at $419,000 after purchasing an additional 110 shares during the last quarter. Finally, Meritage Group LP boosted its stake in shares of Teradyne by 5.3% during the fourth quarter. Meritage Group LP now owns 2,218 shares of the company's stock valued at $241,000 after purchasing an additional 111 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.
Teradyne Company Profile
(
Get Free Report)
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.
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