Teradyne, Inc. (NASDAQ:TER) Shares Acquired by Inspire Advisors LLC

Inspire Advisors LLC increased its position in Teradyne, Inc. (NASDAQ:TER) by 341.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,664 shares of the company’s stock after acquiring an additional 19,080 shares during the period. Inspire Advisors LLC’s holdings in Teradyne were worth $3,106,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Roberts Glore & Co. Inc. IL grew its holdings in shares of Teradyne by 2.2% in the 4th quarter. Roberts Glore & Co. Inc. IL now owns 4,103 shares of the company’s stock worth $517,000 after acquiring an additional 90 shares during the period. Thrivent Financial for Lutherans lifted its stake in Teradyne by 1.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 6,403 shares of the company’s stock valued at $858,000 after buying an additional 104 shares in the last quarter. GAMMA Investing LLC lifted its stake in Teradyne by 3.1% in the 4th quarter. GAMMA Investing LLC now owns 3,445 shares of the company’s stock valued at $434,000 after buying an additional 105 shares in the last quarter. TD Private Client Wealth LLC lifted its stake in Teradyne by 0.5% in the 3rd quarter. TD Private Client Wealth LLC now owns 19,904 shares of the company’s stock valued at $2,666,000 after buying an additional 108 shares in the last quarter. Finally, Citizens Financial Group Inc. RI lifted its stake in Teradyne by 5.8% in the 4th quarter. Citizens Financial Group Inc. RI now owns 2,244 shares of the company’s stock valued at $283,000 after buying an additional 124 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne Trading Down 3.3 %

Shares of TER opened at $104.97 on Tuesday. The firm has a market capitalization of $16.98 billion, a P/E ratio of 31.52, a price-to-earnings-growth ratio of 2.83 and a beta of 1.46. The stock’s fifty day simple moving average is $120.87 and its 200 day simple moving average is $121.53. Teradyne, Inc. has a twelve month low of $95.80 and a twelve month high of $163.21.

Teradyne (NASDAQ:TER) last issued its earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.04. Teradyne had a return on equity of 19.08% and a net margin of 19.23%. Sell-side analysts predict that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 14th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend is Friday, February 14th. Teradyne’s dividend payout ratio (DPR) is currently 14.41%.

Teradyne announced that its Board of Directors has initiated a stock repurchase plan on Monday, November 11th that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 0.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TER. Susquehanna upped their target price on Teradyne from $145.00 to $165.00 and gave the company a “positive” rating in a research note on Wednesday, January 22nd. UBS Group reduced their target price on Teradyne from $160.00 to $155.00 and set a “buy” rating on the stock in a research note on Friday, January 31st. Northland Capmk raised Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Monday, January 6th. KeyCorp reduced their target price on Teradyne from $180.00 to $150.00 and set an “overweight” rating on the stock in a research note on Friday, January 31st. Finally, Vertical Research began coverage on Teradyne in a research note on Friday. They issued a “buy” rating and a $135.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Teradyne presently has an average rating of “Moderate Buy” and an average target price of $143.14.

Insider Buying and Selling

In related news, CFO Sanjay Mehta sold 614 shares of the stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $102.00, for a total value of $62,628.00. Following the completion of the sale, the chief financial officer now directly owns 30,446 shares in the company, valued at approximately $3,105,492. This represents a 1.98 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Richard John Burns sold 407 shares of the stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $120.51, for a total value of $49,047.57. Following the completion of the sale, the insider now owns 20,764 shares of the company’s stock, valued at approximately $2,502,269.64. This represents a 1.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,479 shares of company stock valued at $1,013,134. 0.36% of the stock is currently owned by company insiders.

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.