denkapparat Operations GmbH Invests $786,000 in Teradyne, Inc. $TER

denkapparat Operations GmbH bought a new stake in shares of Teradyne, Inc. (NASDAQ:TERFree Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,624 shares of the company’s stock, valued at approximately $786,000.

A number of other hedge funds and other institutional investors have also modified their holdings of TER. Community Financial Services Group LLC purchased a new stake in Teradyne during the second quarter valued at about $29,000. Elevation Wealth Partners LLC increased its position in shares of Teradyne by 1,320.0% in the second quarter. Elevation Wealth Partners LLC now owns 71 shares of the company’s stock worth $34,000 after acquiring an additional 66 shares in the last quarter. Mcdonald Partners LLC purchased a new position in shares of Teradyne in the second quarter worth approximately $36,000. Hilltop National Bank acquired a new stake in shares of Teradyne during the second quarter valued at approximately $41,000. Finally, McIlrath & Eck LLC acquired a new stake in shares of Teradyne during the first quarter valued at approximately $30,000. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne Price Performance

Shares of NASDAQ TER opened at $338.59 on Friday. The business’s 50-day moving average price is $372.18 and its two-hundred day moving average price is $358.05. Teradyne, Inc. has a one year low of $109.56 and a one year high of $487.91. The company has a market capitalization of $52.94 billion, a P/E ratio of 46.45, a price-to-earnings-growth ratio of 0.69 and a beta of 1.78.

Teradyne (NASDAQ:TERGet Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.09 by $0.38. The company had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.22 billion. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The business’s quarterly revenue was up 103.9% on a year-over-year basis. During the same period last year, the business earned $0.57 EPS. On average, equities analysts anticipate that Teradyne, Inc. will post 9.1 EPS for the current year.

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, September 4th. Teradyne’s dividend payout ratio (DPR) is presently 7.13%.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Smith sold 4,000 shares of Teradyne stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $425.00, for a total value of $1,700,000.00. Following the completion of the sale, the chief executive officer directly owned 112,495 shares in the company, valued at $47,810,375. The trade was a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.19% of the company’s stock.

Key Headlines Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Zacks Research upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Cantor Fitzgerald reiterated an “overweight” rating and set a $550.00 price objective on shares of Teradyne in a research report on Wednesday, July 29th. The Goldman Sachs Group reissued a “buy” rating and set a $465.00 target price on shares of Teradyne in a research note on Tuesday, July 28th. Robert W. Baird restated a “neutral” rating and issued a $420.00 target price on shares of Teradyne in a report on Friday, August 21st. Finally, Morgan Stanley raised their target price on Teradyne from $387.00 to $397.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $396.80.

Get Our Latest Report on Teradyne

Teradyne Company 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.

Further Reading

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Institutional Ownership by Quarter for Teradyne (NASDAQ:TER)

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