Teradyne (NASDAQ:TER) CEO Gregory Stephen Smith Sells 4,000 Shares

Teradyne, Inc. (NASDAQ:TER - Get Free Report) CEO Gregory Stephen Smith sold 4,000 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $423.03, for a total value of $1,692,120.00. Following the completion of the transaction, the chief executive officer owned 120,470 shares in the company, valued at $50,962,424.10. The trade was a 3.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Gregory Stephen Smith also recently made the following trade(s):

  • On Friday, May 15th, Gregory Stephen Smith sold 8,597 shares of Teradyne stock. The shares were sold at an average price of $338.98, for a total value of $2,914,211.06.

Teradyne Stock Performance

Shares of TER opened at $409.35 on Wednesday. Teradyne, Inc. has a 52 week low of $84.24 and a 52 week high of $437.77. The firm has a market capitalization of $64.08 billion, a price-to-earnings ratio of 75.81, a PEG ratio of 1.78 and a beta of 1.79. The business's fifty day moving average price is $368.69 and its two-hundred day moving average price is $295.62.




Teradyne (NASDAQ:TER - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $2.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.11 by $0.45. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period last year, the company earned $0.75 EPS. The firm's revenue was up 87.0% on a year-over-year basis. As a group, research analysts forecast that Teradyne, Inc. will post 7.09 EPS for the current year.

Teradyne Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Thursday, May 21st were paid a $0.13 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $0.52 annualized dividend and a dividend yield of 0.1%. This is a positive change from Teradyne's previous quarterly dividend of $0.12. Teradyne's dividend payout ratio (DPR) is 9.63%.

Hedge Funds Weigh In On Teradyne

A number of institutional investors and hedge funds have recently bought and sold shares of the company. FAS Wealth Partners Inc. acquired a new position in Teradyne in the 1st quarter worth about $261,000. Evansbrook LLC acquired a new position in Teradyne in the 1st quarter worth about $205,000. Parallel Advisors LLC increased its holdings in Teradyne by 7.3% in the 1st quarter. Parallel Advisors LLC now owns 1,686 shares of the company's stock worth $500,000 after purchasing an additional 114 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Teradyne by 35.7% in the 1st quarter. NewEdge Advisors LLC now owns 20,725 shares of the company's stock worth $6,144,000 after purchasing an additional 5,455 shares in the last quarter. Finally, Caerus Investment Advisors LLC increased its holdings in Teradyne by 34.6% in the 1st quarter. Caerus Investment Advisors LLC now owns 2,093 shares of the company's stock worth $620,000 after purchasing an additional 538 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company's stock.

Trending Headlines about Teradyne

Here are the key news stories impacting Teradyne this week:

Analysts Set New Price Targets

A number of equities analysts recently commented on TER shares. Robert W. Baird set a $350.00 price target on Teradyne in a report on Thursday, April 30th. Zacks Research upgraded Teradyne from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 12th. Morgan Stanley set a $387.00 price objective on Teradyne in a report on Thursday, April 30th. Weiss Ratings upgraded Teradyne from a "hold (c)" rating to a "buy (b-)" rating in a report on Monday, May 4th. Finally, The Goldman Sachs Group boosted their price objective on Teradyne from $300.00 to $350.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $339.80.

Check Out Our Latest Report on Teradyne

About Teradyne

(Get Free Report)

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company's product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.

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