Paradiem LLC Has $2.65 Million Stock Holdings in Teradyne, Inc. (NASDAQ:TER)

Paradiem LLC decreased its position in Teradyne, Inc. (NASDAQ:TER - Free Report) by 40.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,454 shares of the company's stock after selling 16,663 shares during the quarter. Paradiem LLC's holdings in Teradyne were worth $2,654,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of TER. Allspring Global Investments Holdings LLC raised its position in shares of Teradyne by 489.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 2,073,278 shares of the company's stock valued at $208,282,000 after purchasing an additional 1,721,306 shares during the period. Boston Partners grew its stake in shares of Teradyne by 38.5% in the third quarter. Boston Partners now owns 2,351,867 shares of the company's stock worth $236,164,000 after acquiring an additional 654,181 shares during the last quarter. Invesco Ltd. grew its stake in shares of Teradyne by 24.4% in the third quarter. Invesco Ltd. now owns 2,427,501 shares of the company's stock worth $243,867,000 after acquiring an additional 476,763 shares during the last quarter. FMR LLC grew its stake in shares of Teradyne by 3.9% in the third quarter. FMR LLC now owns 11,533,715 shares of the company's stock worth $1,158,677,000 after acquiring an additional 437,054 shares during the last quarter. Finally, Van ECK Associates Corp grew its stake in shares of Teradyne by 13.9% in the third quarter. Van ECK Associates Corp now owns 3,437,479 shares of the company's stock worth $345,329,000 after acquiring an additional 419,838 shares during the last quarter. Institutional investors own 99.77% of the company's stock.

Teradyne Stock Up 4.8 %

TER traded up $5.22 during trading on Friday, reaching $114.13. 5,205,516 shares of the company's stock were exchanged, compared to its average volume of 2,014,893. Teradyne, Inc. has a fifty-two week low of $81.07 and a fifty-two week high of $119.20. The business has a 50 day moving average price of $105.62 and a 200 day moving average price of $100.55. The company has a market capitalization of $17.46 billion, a P/E ratio of 43.40 and a beta of 1.56.

Teradyne (NASDAQ:TER - Get Free Report) last issued its quarterly earnings data on Wednesday, April 24th. The company reported $0.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.18. The company had revenue of $599.82 million during the quarter, compared to analysts' expectations of $566.31 million. Teradyne had a return on equity of 18.88% and a net margin of 16.15%. The business's revenue was down 2.9% on a year-over-year basis. During the same period last year, the business earned $0.55 earnings per share. As a group, research analysts forecast that Teradyne, Inc. will post 2.87 EPS for the current year.

Insider Buying and Selling at Teradyne

In other Teradyne news, CFO Sanjay Mehta sold 8,653 shares of Teradyne stock in a transaction on Tuesday, January 30th. The stock was sold at an average price of $105.10, for a total transaction of $909,430.30. Following the completion of the transaction, the chief financial officer now directly owns 31,180 shares of the company's stock, valued at $3,277,018. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, insider Richard John Burns sold 1,744 shares of Teradyne stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $104.89, for a total value of $182,928.16. Following the completion of the transaction, the insider now directly owns 16,734 shares of the company's stock, valued at $1,755,229.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Sanjay Mehta sold 8,653 shares of Teradyne stock in a transaction dated Tuesday, January 30th. The shares were sold at an average price of $105.10, for a total value of $909,430.30. Following the completion of the transaction, the chief financial officer now directly owns 31,180 shares of the company's stock, valued at $3,277,018. The disclosure for this sale can be found here. Company insiders own 0.36% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on TER. The Goldman Sachs Group raised their price objective on shares of Teradyne from $107.00 to $118.00 and gave the stock a "neutral" rating in a research note on Friday. Robert W. Baird raised their price objective on shares of Teradyne from $110.00 to $120.00 and gave the stock an "outperform" rating in a research note on Friday. JPMorgan Chase & Co. raised their price objective on shares of Teradyne from $100.00 to $110.00 and gave the stock a "neutral" rating in a research note on Thursday, April 11th. Cantor Fitzgerald restated a "neutral" rating and issued a $110.00 price objective on shares of Teradyne in a research note on Thursday. Finally, Evercore ISI assumed coverage on shares of Teradyne in a research note on Tuesday, April 16th. They issued an "outperform" rating and a $130.00 price objective on the stock. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $115.69.

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.