2Xideas AG Sells 945 Shares of Teradyne, Inc. (NASDAQ:TER)

2Xideas AG trimmed its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,882 shares of the company’s stock after selling 945 shares during the period. 2Xideas AG’s holdings in Teradyne were worth $6,407,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Compass Financial Services Inc bought a new position in shares of Teradyne in the 4th quarter worth $33,000. AllSquare Wealth Management LLC boosted its holdings in Teradyne by 200.0% during the fourth quarter. AllSquare Wealth Management LLC now owns 300 shares of the company’s stock worth $38,000 after buying an additional 200 shares during the last quarter. Manchester Capital Management LLC grew its position in shares of Teradyne by 264.0% during the 4th quarter. Manchester Capital Management LLC now owns 313 shares of the company’s stock worth $39,000 after buying an additional 227 shares during the period. Murphy & Mullick Capital Management Corp bought a new stake in shares of Teradyne in the 4th quarter valued at about $45,000. Finally, Atala Financial Inc acquired a new stake in shares of Teradyne in the 4th quarter valued at approximately $47,000. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

TER has been the topic of a number of recent analyst reports. Northland Securities reduced their price target on shares of Teradyne from $154.00 to $140.00 and set an “outperform” rating on the stock in a research report on Friday, January 31st. Morgan Stanley decreased their target price on Teradyne from $112.00 to $81.00 and set an “underweight” rating for the company in a research note on Friday, March 14th. Cantor Fitzgerald dropped their price target on Teradyne from $150.00 to $110.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 12th. Northland Capmk upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 6th. Finally, UBS Group set a $130.00 target price on shares of Teradyne and gave the stock a “buy” rating in a report on Wednesday, March 12th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Teradyne presently has a consensus rating of “Moderate Buy” and an average target price of $121.44.

Insider Transactions at Teradyne

In other news, CFO Sanjay Mehta sold 614 shares of the firm’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $102.00, for a total transaction of $62,628.00. Following the completion of the sale, the chief financial officer now owns 30,446 shares in the company, valued at approximately $3,105,492. This trade represents a 1.98 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Richard John Burns sold 407 shares of the company’s stock in a transaction dated Tuesday, January 28th. The shares were sold at an average price of $120.51, for a total transaction of $49,047.57. Following the completion of the transaction, the insider now owns 20,764 shares in the company, valued at approximately $2,502,269.64. This trade represents a 1.92 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 5,399 shares of company stock worth $612,734. 0.36% of the stock is owned by company insiders.

Teradyne Stock Down 8.5 %

Shares of Teradyne stock opened at $68.72 on Friday. The stock has a market cap of $11.05 billion, a P/E ratio of 20.64, a P/E/G ratio of 2.83 and a beta of 1.65. Teradyne, Inc. has a 12-month low of $67.12 and a 12-month high of $163.21. The business’s 50 day moving average is $102.41 and its 200-day moving average is $115.64.

Teradyne (NASDAQ:TER) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. On average, sell-side analysts expect that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were given a $0.12 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.70%. Teradyne’s payout ratio is 14.41%.

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.