Teradyne, Inc. (NYSE:TER) Position Decreased by IFC Holdings Incorporated FL

IFC Holdings Incorporated FL lowered its stake in shares of Teradyne, Inc. (NYSE:TER) by 0.6% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 53,670 shares of the semiconductor company’s stock after selling 311 shares during the period. IFC Holdings Incorporated FL’s holdings in Teradyne were worth $1,608,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in TER. Acadian Asset Management LLC boosted its stake in Teradyne by 588.8% in the first quarter. Acadian Asset Management LLC now owns 1,155,622 shares of the semiconductor company’s stock valued at $35,941,000 after buying an additional 987,841 shares during the period. Mesirow Financial Investment Management Equity Management acquired a new stake in Teradyne during the first quarter valued at approximately $1,168,000. Profund Advisors LLC boosted its stake in Teradyne by 6.4% in the first quarter. Profund Advisors LLC now owns 64,523 shares of the semiconductor company’s stock valued at $2,007,000 after buying an additional 3,874 shares during the period. Gilman Hill Asset Management LLC boosted its stake in Teradyne by 17.1% in the first quarter. Gilman Hill Asset Management LLC now owns 11,020 shares of the semiconductor company’s stock valued at $343,000 after buying an additional 1,610 shares during the period. Finally, Nationwide Fund Advisors boosted its stake in Teradyne by 16.2% in the first quarter. Nationwide Fund Advisors now owns 707,660 shares of the semiconductor company’s stock valued at $22,008,000 after buying an additional 98,422 shares during the period. 93.72% of the stock is currently owned by institutional investors.

Teradyne, Inc. (NYSE TER) opened at 33.48 on Friday. The firm has a 50-day moving average price of $33.22 and a 200-day moving average price of $32.16. Teradyne, Inc. has a 12-month low of $20.07 and a 12-month high of $36.86. The company has a market cap of $6.65 billion, a P/E ratio of 17.28 and a beta of 0.95.

Teradyne (NYSE:TER) last issued its earnings results on Wednesday, July 26th. The semiconductor company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.04. Teradyne had a return on equity of 21.25% and a net margin of 20.08%. The firm had revenue of $697 million for the quarter, compared to the consensus estimate of $683.66 million. During the same quarter in the prior year, the business earned $0.55 earnings per share. The company’s revenue was up 31.1% compared to the same quarter last year. On average, analysts forecast that Teradyne, Inc. will post $1.97 earnings per share for the current fiscal year.

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Several research firms recently commented on TER. Zacks Investment Research raised Teradyne from a “sell” rating to a “hold” rating and set a $39.00 price objective on the stock in a research report on Thursday, July 27th. KeyCorp raised Teradyne from a “sector weight” rating to an “overweight” rating and set a $40.00 price objective on the stock in a research report on Thursday, July 27th. Needham & Company LLC increased their price objective on Teradyne from $32.00 to $40.00 and gave the company a “buy” rating in a research report on Friday, April 28th. BidaskClub raised Teradyne from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, July 25th. Finally, ValuEngine raised Teradyne from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Three investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $35.70.

In other news, insider Mark E. Jagiela sold 30,000 shares of the company’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $34.50, for a total value of $1,035,000.00. Following the sale, the insider now owns 248,413 shares in the company, valued at $8,570,248.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mercedes Johnson sold 8,000 shares of the company’s stock in a transaction dated Friday, May 19th. The stock was sold at an average price of $35.07, for a total value of $280,560.00. Following the completion of the sale, the director now owns 14,773 shares in the company, valued at approximately $518,089.11. The disclosure for this sale can be found here. Insiders sold 63,127 shares of company stock worth $2,190,650 in the last 90 days. Company insiders own 0.62% of the company’s stock.

Teradyne Company Profile

Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.

Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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