GHP Investment Advisors Inc. Lowers Position in Teradyne, Inc. (NASDAQ:TER)

GHP Investment Advisors Inc. lessened its stake in Teradyne, Inc. (NASDAQ:TER - Free Report) by 95.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 631 shares of the company's stock after selling 14,389 shares during the period. GHP Investment Advisors Inc.'s holdings in Teradyne were worth $68,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of TER. Cornerstone Planning Group LLC bought a new stake in shares of Teradyne in the 3rd quarter worth approximately $26,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of Teradyne in the 3rd quarter worth approximately $27,000. CVA Family Office LLC bought a new stake in shares of Teradyne in the 4th quarter worth approximately $33,000. Venturi Wealth Management LLC bought a new stake in shares of Teradyne in the 3rd quarter worth approximately $36,000. Finally, NBC Securities Inc. bought a new stake in shares of Teradyne in the 3rd quarter worth approximately $37,000. Hedge funds and other institutional investors own 99.77% of the company's stock.

Insider Activity at Teradyne

In related news, insider Richard John Burns sold 317 shares of the stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $112.68, for a total transaction of $35,719.56. Following the sale, the insider now directly owns 20,300 shares of the company's stock, valued at approximately $2,287,404. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Teradyne news, insider Richard John Burns sold 317 shares of the company's stock in a transaction dated Thursday, January 25th. The shares were sold at an average price of $112.68, for a total transaction of $35,719.56. Following the transaction, the insider now owns 20,300 shares in the company, valued at approximately $2,287,404. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ernest E. Maddock bought 1,000 shares of the stock in a transaction on Thursday, February 1st. The shares were bought at an average price of $94.07 per share, for a total transaction of $94,070.00. Following the purchase, the director now directly owns 4,728 shares in the company, valued at approximately $444,762.96. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 11,797 shares of company stock valued at $1,248,237. 0.36% of the stock is owned by insiders.

Teradyne Price Performance

Teradyne stock traded down $3.59 during mid-day trading on Friday, reaching $105.87. 1,841,357 shares of the company traded hands, compared to its average volume of 1,730,240. The firm's 50 day moving average price is $105.05 and its 200 day moving average price is $100.33. The firm has a market capitalization of $16.19 billion, a price-to-earnings ratio of 38.78 and a beta of 1.56. Teradyne, Inc. has a 52-week low of $81.07 and a 52-week high of $119.20.

Teradyne (NASDAQ:TER - Get Free Report) last issued its quarterly earnings data on Tuesday, January 30th. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. The business had revenue of $670.60 million for the quarter, compared to the consensus estimate of $674.99 million. Teradyne had a net margin of 16.77% and a return on equity of 19.45%. The company's quarterly revenue was down 8.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.92 EPS. On average, sell-side analysts anticipate that Teradyne, Inc. will post 2.95 EPS for the current year.

Teradyne Increases Dividend

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

Analyst Ratings Changes

A number of brokerages have recently weighed in on TER. Cantor Fitzgerald restated a "neutral" rating and issued a $110.00 price objective on shares of Teradyne in a report on Monday, March 4th. JPMorgan Chase & Co. upped their price target on shares of Teradyne from $100.00 to $110.00 and gave the company a "neutral" rating in a report on Thursday. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $111.91.

Teradyne Company 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.