Headlands Technologies LLC Buys New Shares in Teradyne, Inc. (NASDAQ:TER)

Headlands Technologies LLC purchased a new position in Teradyne, Inc. (NASDAQ:TER) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 7,367 shares of the company’s stock, valued at approximately $928,000.

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

Insider Buying and Selling

In other news, VP Ryan Driscoll sold 437 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $102.00, for a total transaction of $44,574.00. Following the sale, the vice president now owns 4,312 shares in the company, valued at $439,824. This represents a 9.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Sanjay Mehta sold 614 shares of the firm’s stock in a transaction on 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 transaction, the chief financial officer now directly owns 30,446 shares of the company’s stock, valued at $3,105,492. This represents a 1.98 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 8,479 shares of company stock worth $1,013,134. 0.36% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Vertical Research assumed coverage on shares of Teradyne in a research report on Friday, March 7th. They issued a “buy” rating and a $135.00 price target for the company. Northland Securities dropped their price objective on shares of Teradyne from $154.00 to $140.00 and set an “outperform” rating for the company in a report on Friday, January 31st. Morgan Stanley cut their price target on Teradyne from $112.00 to $81.00 and set an “underweight” rating for the company in a report on Friday, March 14th. JPMorgan Chase & Co. dropped their price objective on shares of Teradyne from $145.00 to $120.00 and set an “overweight” rating for the company in a research report on Wednesday, March 12th. Finally, Susquehanna lowered their price target on shares of Teradyne from $165.00 to $155.00 and set a “positive” rating for the company in a research report on Wednesday, March 12th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $121.44.

Teradyne Trading Up 1.2 %

Shares of NASDAQ TER opened at $83.62 on Thursday. The company has a fifty day moving average price of $104.77 and a 200 day moving average price of $116.43. The firm has a market cap of $13.52 billion, a PE ratio of 25.11, a PEG ratio of 2.83 and a beta of 1.46. Teradyne, Inc. has a 1-year low of $79.60 and a 1-year high of $163.21.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Wednesday, January 29th. The company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. Equities research analysts forecast 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. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend was Friday, February 14th. Teradyne’s dividend payout ratio is presently 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.