Commerce Bank boosted its holdings in shares of Teradyne, Inc. (NASDAQ:TER – Free Report) by 2.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,738 shares of the company’s stock after acquiring an additional 212 shares during the period. Commerce Bank’s holdings in Teradyne were worth $832,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the business. Massmutual Trust Co. FSB ADV boosted its position in shares of Teradyne by 51.1% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 405 shares of the company’s stock valued at $44,000 after acquiring an additional 137 shares during the last quarter. Householder Group Estate & Retirement Specialist LLC acquired a new position in Teradyne in the 1st quarter valued at about $48,000. Edge Capital Group LLC purchased a new stake in shares of Teradyne in the 4th quarter valued at approximately $42,000. Tobam acquired a new stake in shares of Teradyne during the 4th quarter worth approximately $45,000. Finally, Brown Brothers Harriman & Co. lifted its holdings in Teradyne by 231.6% in the first quarter. Brown Brothers Harriman & Co. now owns 620 shares of the company’s stock valued at $73,000 after acquiring an additional 433 shares during the last quarter. Institutional investors and hedge funds own 99.63% of the company’s stock.
Insider Buying and Selling
In other news, Director Mercedes Johnson sold 750 shares of the company’s stock in a transaction on Monday, July 17th. The shares were sold at an average price of $115.00, for a total value of $86,250.00. Following the completion of the transaction, the director now owns 17,767 shares in the company, valued at approximately $2,043,205. The sale was disclosed in a document filed with the SEC, which is available at this link. In other news, Director Mercedes Johnson sold 750 shares of the business’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $115.00, for a total value of $86,250.00. Following the completion of the sale, the director now directly owns 17,767 shares of the company’s stock, valued at approximately $2,043,205. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Brad Robbins sold 2,170 shares of the firm’s stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $108.72, for a total value of $235,922.40. Following the transaction, the insider now owns 51,467 shares in the company, valued at approximately $5,595,492.24. The disclosure for this sale can be found here. Insiders sold a total of 4,420 shares of company stock worth $478,712 over the last 90 days. 0.36% of the stock is owned by insiders.
Analyst Ratings Changes
Get Our Latest Stock Report on Teradyne
Teradyne Stock Up 1.4 %
NASDAQ TER opened at $108.92 on Tuesday. Teradyne, Inc. has a 52 week low of $67.81 and a 52 week high of $119.20. The firm has a 50 day moving average of $109.25 and a two-hundred day moving average of $103.69. The stock has a market capitalization of $16.89 billion, a PE ratio of 32.32, a price-to-earnings-growth ratio of 5.11 and a beta of 1.51.
Teradyne (NASDAQ:TER – Get Free Report) last issued its earnings results on Wednesday, July 26th. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.13. Teradyne had a net margin of 19.55% and a return on equity of 23.37%. The firm had revenue of $684.00 million during the quarter, compared to the consensus estimate of $656.94 million. During the same quarter in the previous year, the firm posted $1.21 earnings per share. The company’s revenue was down 18.7% compared to the same quarter last year. On average, equities research analysts expect that Teradyne, Inc. will post 2.84 earnings per share for the current fiscal year.
Teradyne Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, June 16th. Stockholders of record on Wednesday, May 24th were given a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 0.40%. The ex-dividend date was Tuesday, May 23rd. Teradyne’s dividend payout ratio (DPR) is presently 13.06%.
Teradyne Company Profile
Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, cloud computer and electronic game, and other applications.
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