Banque Cantonale Vaudoise Buys 2,407 Shares of Teradyne, Inc. $TER

Banque Cantonale Vaudoise boosted its stake in Teradyne, Inc. (NASDAQ:TERFree Report) by 89.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,101 shares of the company’s stock after purchasing an additional 2,407 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Teradyne were worth $1,512,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of TER. Caitong International Asset Management Co. Ltd acquired a new position in shares of Teradyne in the 4th quarter valued at approximately $28,000. Davidson Capital Management Inc. bought a new position in shares of Teradyne in the 3rd quarter valued at $31,000. CYBER HORNET ETFs LLC acquired a new position in shares of Teradyne during the 2nd quarter worth $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Teradyne during the 4th quarter worth $37,000. Finally, KERR FINANCIAL PLANNING Corp acquired a new position in shares of Teradyne during the 3rd quarter worth $41,000. Institutional investors own 99.77% of the company’s stock.

Teradyne Trading Down 7.4%

Shares of TER opened at $436.86 on Friday. The firm’s fifty day simple moving average is $382.07 and its two-hundred day simple moving average is $308.73. Teradyne, Inc. has a 12 month low of $88.60 and a 12 month high of $472.37. The stock has a market capitalization of $68.39 billion, a P/E ratio of 80.90, a price-to-earnings-growth ratio of 1.36 and a beta of 1.79.

Teradyne (NASDAQ:TERGet Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The company reported $2.56 earnings per share for the quarter, topping the consensus estimate of $2.11 by $0.45. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.20 billion. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The business’s quarterly revenue was up 87.0% on a year-over-year basis. During the same period last year, the company posted $0.75 EPS. As a group, research analysts predict that Teradyne, Inc. will post 7.2 EPS for the current fiscal year.

Teradyne Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Thursday, May 21st were issued a $0.13 dividend. The ex-dividend date was Thursday, May 21st. This is an increase from Teradyne’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a yield of 0.1%. Teradyne’s dividend payout ratio is presently 9.63%.

Key Teradyne News

Here are the key news stories impacting Teradyne this week:

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Cantor Fitzgerald raised their price objective on Teradyne from $330.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, April 9th. Citigroup boosted their target price on Teradyne from $325.00 to $400.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Morgan Stanley set a $387.00 target price on shares of Teradyne in a report on Thursday, April 30th. The Goldman Sachs Group raised their price target on shares of Teradyne from $300.00 to $350.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, Evercore set a $370.00 price target on shares of Teradyne in a report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Teradyne presently has a consensus rating of “Moderate Buy” and an average price target of $363.87.

Read Our Latest Stock Report on Teradyne

Insiders Place Their Bets

In other Teradyne news, VP Ryan Driscoll sold 680 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $377.60, for a total value of $256,768.00. Following the transaction, the vice president directly owned 7,665 shares of the company’s stock, valued at approximately $2,894,304. The trade was a 8.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 656 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $355.00, for a total value of $232,880.00. Following the transaction, the insider owned 15,722 shares in the company, valued at $5,581,310. The trade was a 4.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 14,941 shares of company stock worth $5,444,112. 0.19% of the stock is owned by corporate insiders.

Teradyne Profile

(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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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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