Nebula Research & Development LLC Boosts Stock Holdings in Teradyne, Inc. (NASDAQ:TER)

Nebula Research & Development LLC raised its stake in Teradyne, Inc. (NASDAQ:TER - Free Report) by 521.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,962 shares of the company's stock after purchasing an additional 15,913 shares during the quarter. Nebula Research & Development LLC's holdings in Teradyne were worth $2,388,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of TER. Compass Financial Services Inc purchased a new stake in shares of Teradyne during the fourth quarter valued at approximately $33,000. Strategic Investment Solutions Inc. IL purchased a new stake in Teradyne in the 4th quarter worth about $34,000. AllSquare Wealth Management LLC raised its stake in Teradyne by 200.0% in the 4th quarter. AllSquare Wealth Management LLC now owns 300 shares of the company's stock valued at $38,000 after acquiring an additional 200 shares during the period. Manchester Capital Management LLC raised its stake in Teradyne by 264.0% in the 4th quarter. Manchester Capital Management LLC now owns 313 shares of the company's stock valued at $39,000 after acquiring an additional 227 shares during the period. Finally, Murphy & Mullick Capital Management Corp bought a new stake in Teradyne in the 4th quarter valued at about $45,000. 99.77% of the stock is owned by hedge funds and other institutional investors.

Teradyne Price Performance

NASDAQ:TER traded down $2.68 during mid-day trading on Wednesday, hitting $72.21. 1,872,781 shares of the company's stock were exchanged, compared to its average volume of 2,563,421. Teradyne, Inc. has a one year low of $65.77 and a one year high of $163.21. The business has a fifty day moving average price of $86.62 and a 200 day moving average price of $108.15. The company has a market cap of $11.61 billion, a PE ratio of 21.68, a P/E/G ratio of 2.83 and a beta of 1.65.

Teradyne (NASDAQ:TER - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The company reported $0.75 EPS for the quarter, topping the consensus estimate of $0.61 by $0.14. The business had revenue of $685.70 million for the quarter, compared to analyst estimates of $680.54 million. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. Teradyne's quarterly revenue was up 14.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.51 earnings per share. On average, equities analysts forecast that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne announced that its Board of Directors has initiated a share buyback program on Monday, April 28th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to repurchase up to 8.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

TER has been the topic of a number of research reports. Bank of America lowered their price objective on Teradyne from $100.00 to $85.00 and set an "underperform" rating on the stock in a research note on Wednesday, March 12th. Northland Securities decreased their price target on Teradyne from $154.00 to $140.00 and set an "outperform" rating on the stock in a research report on Friday, January 31st. Citigroup decreased their price target on Teradyne from $130.00 to $100.00 and set a "buy" rating on the stock in a research report on Wednesday, March 12th. JPMorgan Chase & Co. decreased their price objective on shares of Teradyne from $120.00 to $92.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Finally, TD Cowen decreased their price objective on shares of Teradyne from $135.00 to $110.00 and set a "buy" rating on the stock in a research report on Wednesday, March 12th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $117.56.

Insider Transactions at Teradyne

In other Teradyne news, VP Ryan Driscoll sold 437 shares of the company's stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $102.00, for a total transaction of $44,574.00. Following the completion of the sale, the vice president now directly owns 4,312 shares of the company's stock, valued at approximately $439,824. This represents a 9.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Richard John Burns sold 445 shares of the company's stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $111.49, for a total transaction of $49,613.05. Following the sale, the insider now directly owns 25,191 shares of the company's stock, valued at approximately $2,808,544.59. This represents a 1.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,096 shares of company stock worth $335,199. Corporate insiders own 0.16% of the company's stock.

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.