International Assets Investment Management LLC Raises Holdings in Teradyne, Inc. (NASDAQ:TER)

International Assets Investment Management LLC grew its stake in Teradyne, Inc. (NASDAQ:TER - Free Report) by 8,125.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 133,088 shares of the company's stock after buying an additional 131,470 shares during the period. International Assets Investment Management LLC owned 0.09% of Teradyne worth $14,443,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cornerstone Planning Group LLC acquired a new stake in shares of Teradyne in the third quarter valued at about $26,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Teradyne during the 3rd quarter valued at about $27,000. CVA Family Office LLC bought a new stake in shares of Teradyne during the 4th quarter valued at about $33,000. Venturi Wealth Management LLC bought a new stake in shares of Teradyne during the 3rd quarter valued at about $36,000. Finally, NBC Securities Inc. bought a new stake in shares of Teradyne during the 3rd quarter valued at about $37,000. Institutional investors and hedge funds own 99.77% of the company's stock.

Insider Activity

In other Teradyne news, insider Richard John Burns sold 317 shares of the firm's stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $112.68, for a total value of $35,719.56. Following the completion of the sale, the insider now directly owns 20,300 shares of the company's stock, valued at $2,287,404. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Teradyne news, CFO Sanjay Mehta sold 8,653 shares of the firm's stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $105.10, for a total value of $909,430.30. Following the completion of the sale, the chief financial officer now directly owns 31,180 shares of the company's stock, valued at $3,277,018. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Richard John Burns sold 317 shares of the firm's stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $112.68, for a total value of $35,719.56. Following the completion of the sale, the insider now directly owns 20,300 shares of the company's stock, valued at $2,287,404. The disclosure for this sale can be found here. Insiders have sold 11,797 shares of company stock worth $1,248,237 over the last 90 days. 0.36% of the stock is currently owned by corporate insiders.

Teradyne Price Performance

Shares of TER stock traded down $3.59 during trading hours on Friday, reaching $105.87. The company had a trading volume of 1,840,469 shares, compared to its average volume of 1,774,349. Teradyne, Inc. has a 12 month low of $81.07 and a 12 month high of $119.20. The business has a fifty day simple moving average of $104.86 and a 200-day simple moving average of $100.21. The company has a market cap of $16.19 billion, a price-to-earnings ratio of 40.10 and a beta of 1.56.

Teradyne (NASDAQ:TER - Get Free Report) last posted its earnings results on Tuesday, January 30th. The company reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. Teradyne had a return on equity of 19.45% and a net margin of 16.77%. The company had revenue of $670.60 million for the quarter, compared to analyst estimates of $674.99 million. During the same quarter last year, the company earned $0.92 earnings per share. The company's revenue for the quarter was down 8.4% on a year-over-year basis. On average, equities research analysts expect that Teradyne, Inc. will post 2.95 earnings per share for the current year.

Teradyne Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, February 16th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date was Thursday, February 15th. This is a positive change from Teradyne's previous quarterly dividend of $0.11. Teradyne's dividend payout ratio (DPR) is currently 17.58%.

Analyst Upgrades and Downgrades

TER has been the topic of several research analyst reports. Bank of America restated an "underperform" rating and set a $100.00 target price on shares of Teradyne in a research report on Friday, December 15th. JPMorgan Chase & Co. increased their price target on Teradyne from $100.00 to $110.00 and gave the stock a "neutral" rating in a report on Thursday. Finally, Cantor Fitzgerald reiterated a "neutral" rating and issued a $110.00 price target on shares of Teradyne in a report on Monday, March 4th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $111.91.

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.