Duality Advisers LP Purchases 27,177 Shares of Teradyne, Inc. (NASDAQ:TER)

Duality Advisers LP raised its position in shares of Teradyne, Inc. (NASDAQ:TER) by 283.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,777 shares of the company’s stock after acquiring an additional 27,177 shares during the period. Duality Advisers LP’s holdings in Teradyne were worth $3,991,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Cornerstone Planning Group LLC acquired a new position in shares of Teradyne during the third quarter valued at about $26,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Teradyne during the third quarter valued at about $27,000. CVA Family Office LLC acquired a new position in shares of Teradyne during the fourth quarter valued at about $33,000. Cambridge Trust Co. acquired a new position in shares of Teradyne during the fourth quarter valued at about $38,000. Finally, Venturi Wealth Management LLC acquired a new position in Teradyne in the third quarter worth about $36,000. 99.77% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CFO Sanjay Mehta sold 1,083 shares of the stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $110.95, for a total transaction of $120,158.85. Following the sale, the chief financial officer now directly owns 45,107 shares of the company’s stock, valued at $5,004,621.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Teradyne news, insider Richard John Burns sold 317 shares of the firm’s stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $112.68, for a total value of $35,719.56. Following the transaction, the insider now directly owns 20,300 shares of the company’s stock, valued at $2,287,404. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Sanjay Mehta sold 1,083 shares of the firm’s stock in a transaction that occurred on Thursday, January 25th. The shares were sold at an average price of $110.95, for a total transaction of $120,158.85. Following the completion of the transaction, the chief financial officer now directly owns 45,107 shares in the company, valued at $5,004,621.65. The disclosure for this sale can be found here. Insiders have sold 11,797 shares of company stock valued at $1,248,237 over the last three months. 0.18% of the stock is owned by insiders.

Teradyne Trading Up 1.9 %

Shares of Teradyne stock opened at $97.76 on Tuesday. The stock has a market capitalization of $14.95 billion, a price-to-earnings ratio of 35.81 and a beta of 1.56. Teradyne, Inc. has a 1-year low of $81.07 and a 1-year high of $119.20. The firm’s 50-day moving average price is $105.25 and its two-hundred day moving average price is $100.37.

Teradyne (NASDAQ:TER) last released its quarterly earnings results on Tuesday, January 30th. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.72 by $0.07. Teradyne had a net margin of 16.77% and a return on equity of 19.45%. The business had revenue of $670.60 million for the quarter, compared to analysts’ expectations of $674.99 million. During the same period in the prior year, the firm earned $0.92 earnings per share. Teradyne’s revenue was down 8.4% compared to the same quarter last year. As a group, equities research analysts predict that Teradyne, Inc. will post 2.82 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Cantor Fitzgerald reissued a “neutral” rating and issued a $110.00 price target on shares of Teradyne in a research report on Monday, March 4th. Evercore ISI assumed coverage on shares of Teradyne in a research report on Tuesday, April 16th. They issued an “outperform” rating and a $130.00 price target for the company. Finally, JPMorgan Chase & Co. increased their price target on shares of Teradyne from $100.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, April 11th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $113.73.

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.