Michael A. Bradley Sells 15,248 Shares of Teradyne, Inc. (TER) Stock

Teradyne, Inc. (NYSE:TER) Director Michael A. Bradley sold 15,248 shares of the stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $35.86, for a total value of $546,793.28. Following the transaction, the director now directly owns 172,322 shares in the company, valued at approximately $6,179,466.92. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of Teradyne, Inc. (NYSE TER) opened at 35.84 on Friday. Teradyne, Inc. has a 12-month low of $20.22 and a 12-month high of $36.86. The firm has a market cap of $7.09 billion, a price-to-earnings ratio of 18.49 and a beta of 0.94. The firm has a 50-day moving average price of $34.62 and a 200-day moving average price of $33.22.

Teradyne (NYSE:TER) last announced its quarterly earnings results on Wednesday, July 26th. The semiconductor company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.04. The firm had revenue of $697.00 million for the quarter, compared to the consensus estimate of $683.66 million. Teradyne had a return on equity of 21.25% and a net margin of 20.08%. The business’s revenue was up 31.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.55 earnings per share. Equities research analysts anticipate that Teradyne, Inc. will post $1.97 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, September 7th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend is Wednesday, September 6th. Teradyne’s dividend payout ratio (DPR) is presently 14.51%.

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A number of research analysts have recently commented on TER shares. ValuEngine raised Teradyne from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Zacks Investment Research lowered Teradyne from a “strong-buy” rating to a “hold” rating in a report on Monday, June 5th. BidaskClub lowered Teradyne from a “strong-buy” rating to a “buy” rating in a report on Wednesday, June 14th. Finally, Stifel Nicolaus raised Teradyne from a “hold” rating to a “buy” rating and increased their price objective for the company from $32.00 to $39.00 in a report on Wednesday, July 5th. They noted that the move was a valuation call. Two research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of $35.80.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. increased its position in Teradyne by 13.3% during the second quarter. BlackRock Inc. now owns 20,807,353 shares of the semiconductor company’s stock worth $624,846,000 after buying an additional 2,437,869 shares during the last quarter. Vanguard Group Inc. increased its position in Teradyne by 2.7% during the second quarter. Vanguard Group Inc. now owns 17,201,317 shares of the semiconductor company’s stock worth $516,555,000 after buying an additional 458,103 shares during the last quarter. State Street Corp increased its position in Teradyne by 0.5% during the second quarter. State Street Corp now owns 5,441,993 shares of the semiconductor company’s stock worth $163,420,000 after buying an additional 27,857 shares during the last quarter. Wells Fargo & Company MN increased its position in Teradyne by 71.0% during the second quarter. Wells Fargo & Company MN now owns 4,293,075 shares of the semiconductor company’s stock worth $128,922,000 after buying an additional 1,781,854 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in Teradyne by 238.2% during the second quarter. JPMorgan Chase & Co. now owns 3,877,810 shares of the semiconductor company’s stock worth $116,451,000 after buying an additional 2,731,167 shares during the last quarter. 93.21% of the stock is currently owned by hedge funds and other institutional investors.

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.

Insider Buying and Selling by Quarter for Teradyne (NYSE:TER)

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