Nisa Investment Advisors LLC Has $2.81 Million Holdings in Teradyne, Inc. (NASDAQ:TER)

Nisa Investment Advisors LLC increased its holdings in Teradyne, Inc. (NASDAQ:TER) by 13.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,950 shares of the company’s stock after purchasing an additional 2,480 shares during the period. Nisa Investment Advisors LLC’s holdings in Teradyne were worth $2,806,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mitchell & Pahl Private Wealth LLC grew its holdings in Teradyne by 1.1% during the 2nd quarter. Mitchell & Pahl Private Wealth LLC now owns 7,244 shares of the company’s stock worth $1,074,000 after acquiring an additional 79 shares during the last quarter. Blair William & Co. IL lifted its stake in Teradyne by 0.6% in the first quarter. Blair William & Co. IL now owns 15,004 shares of the company’s stock valued at $1,693,000 after buying an additional 83 shares in the last quarter. Whittier Trust Co. boosted its stake in Teradyne by 10.2% in the 3rd quarter. Whittier Trust Co. now owns 950 shares of the company’s stock worth $127,000 after purchasing an additional 88 shares during the period. Massmutual Trust Co. FSB ADV boosted its position in shares of Teradyne by 17.3% during the second quarter. Massmutual Trust Co. FSB ADV now owns 651 shares of the company’s stock worth $97,000 after buying an additional 96 shares during the period. Finally, Wealth Alliance grew its stake in shares of Teradyne by 3.3% during the 2nd quarter. Wealth Alliance now owns 3,044 shares of the company’s stock worth $451,000 after acquiring an additional 98 shares in the last quarter. Institutional investors own 99.77% of the company’s stock.

Insider Activity at Teradyne

In other news, CEO Gregory Stephen Smith sold 3,080 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $130.00, for a total value of $400,400.00. Following the completion of the transaction, the chief executive officer now owns 83,816 shares of the company’s stock, valued at $10,896,080. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CEO Gregory Stephen Smith sold 3,080 shares of Teradyne stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $130.00, for a total value of $400,400.00. Following the transaction, the chief executive officer now directly owns 83,816 shares of the company’s stock, valued at $10,896,080. The trade was a 0.00 % 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. Also, insider Richard John Burns sold 789 shares of Teradyne stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $132.80, for a total transaction of $104,779.20. Following the transaction, the insider now directly owns 21,864 shares of the company’s stock, valued at $2,903,539.20. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 14,352 shares of company stock valued at $1,899,353 in the last quarter. Insiders own 0.36% of the company’s stock.

Teradyne Trading Up 0.3 %

Shares of TER opened at $106.49 on Friday. Teradyne, Inc. has a 12 month low of $83.74 and a 12 month high of $163.21. The firm’s 50 day moving average is $126.98 and its 200-day moving average is $131.80. The stock has a market capitalization of $17.38 billion, a PE ratio of 33.81, a P/E/G ratio of 2.38 and a beta of 1.49.

Teradyne (NASDAQ:TER) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.78 by $0.12. Teradyne had a net margin of 18.75% and a return on equity of 18.56%. The firm had revenue of $737.30 million for the quarter, compared to the consensus estimate of $716.40 million. During the same period in the prior year, the company posted $0.80 earnings per share. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. Equities research analysts predict that Teradyne, Inc. will post 3.15 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, September 5th were issued a $0.12 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.45%. Teradyne’s dividend payout ratio (DPR) is currently 15.24%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Citigroup dropped their target price on shares of Teradyne from $185.00 to $162.00 and set a “buy” rating on the stock in a report on Friday, July 26th. Stifel Nicolaus reduced their target price on Teradyne from $140.00 to $125.00 and set a “hold” rating for the company in a research note on Friday, October 25th. Northland Securities dropped their price target on Teradyne from $126.00 to $117.00 and set a “market perform” rating on the stock in a research note on Friday, October 25th. Robert W. Baird reduced their price objective on shares of Teradyne from $140.00 to $133.00 and set an “outperform” rating for the company in a research report on Friday, October 25th. Finally, Craig Hallum dropped their price objective on shares of Teradyne from $124.00 to $111.00 and set a “hold” rating on the stock in a research report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Teradyne presently has a consensus rating of “Hold” and an average price target of $142.62.

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.