ASB Consultores LLC Sells 1,431 Shares of Teradyne, Inc. (NASDAQ:TER)

ASB Consultores LLC decreased its holdings in Teradyne, Inc. (NASDAQ:TER) by 43.0% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,896 shares of the company’s stock after selling 1,431 shares during the period. ASB Consultores LLC’s holdings in Teradyne were worth $281,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Swedbank AB boosted its holdings in shares of Teradyne by 198.8% in the 2nd quarter. Swedbank AB now owns 641,614 shares of the company’s stock valued at $95,145,000 after buying an additional 426,900 shares in the last quarter. CANADA LIFE ASSURANCE Co grew its holdings in Teradyne by 17.6% in the first quarter. CANADA LIFE ASSURANCE Co now owns 335,636 shares of the company’s stock worth $37,887,000 after purchasing an additional 50,156 shares during the last quarter. Caxton Associates LP acquired a new position in shares of Teradyne during the fourth quarter worth $1,560,000. Janney Montgomery Scott LLC lifted its holdings in shares of Teradyne by 8.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 188,733 shares of the company’s stock valued at $21,295,000 after purchasing an additional 14,272 shares during the last quarter. Finally, KBC Group NV boosted its position in shares of Teradyne by 1,544.3% in the 4th quarter. KBC Group NV now owns 473,221 shares of the company’s stock worth $51,354,000 after purchasing an additional 444,442 shares in the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Analyst Ratings Changes

TER has been the topic of several recent analyst reports. Craig Hallum lowered Teradyne from a “buy” rating to a “hold” rating and set a $124.00 target price on the stock. in a research report on Friday, July 26th. The Goldman Sachs Group upped their price objective on shares of Teradyne from $118.00 to $161.00 and gave the company a “buy” rating in a report on Tuesday, May 28th. Stifel Nicolaus lifted their target price on shares of Teradyne from $100.00 to $150.00 and gave the stock a “hold” rating in a research note on Tuesday, July 16th. KeyCorp boosted their target price on shares of Teradyne from $160.00 to $180.00 and gave the stock an “overweight” rating in a research report on Friday, July 12th. Finally, Susquehanna raised their price target on shares of Teradyne from $130.00 to $145.00 and gave the stock a “positive” rating in a report on Friday, July 26th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $141.50.

Insider Buying and Selling

In other news, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $130.00, for a total transaction of $400,400.00. Following the sale, the chief executive officer now directly owns 83,816 shares of the company’s stock, valued at approximately $10,896,080. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other Teradyne news, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $133.49, for a total transaction of $83,431.25. Following the completion of the transaction, the director now directly owns 16,518 shares in the company, valued at $2,204,987.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $130.00, for a total transaction of $400,400.00. Following the completion of the sale, the chief executive officer now owns 83,816 shares in the company, valued at approximately $10,896,080. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,483 shares of company stock valued at $1,383,031. Corporate insiders own 0.36% of the company’s stock.

Teradyne Stock Performance

NASDAQ:TER opened at $128.95 on Friday. The firm’s fifty day moving average is $131.76 and its two-hundred day moving average is $128.18. The firm has a market cap of $20.13 billion, a price-to-earnings ratio of 49.03, a PEG ratio of 2.62 and a beta of 1.49. Teradyne, Inc. has a one year low of $81.07 and a one year high of $163.21.

Teradyne (NASDAQ:TER) last issued its earnings results on Wednesday, July 24th. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.09. The firm had revenue of $729.88 million for the quarter, compared to the consensus estimate of $701.20 million. Teradyne had a return on equity of 18.77% and a net margin of 18.33%. The company’s revenue was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.79 earnings per share. As a group, equities research analysts predict that Teradyne, Inc. will post 3.02 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Thursday, September 5th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.37%. The ex-dividend date of this dividend is Thursday, September 5th. Teradyne’s dividend payout ratio is currently 18.25%.

Teradyne 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.