Strategic Investment Solutions Inc. IL Acquires Shares of 273 Teradyne, Inc. (NASDAQ:TER)

Strategic Investment Solutions Inc. IL bought a new position in shares of Teradyne, Inc. (NASDAQ:TER) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 273 shares of the company’s stock, valued at approximately $34,000.

A number of other institutional investors have also modified their holdings of TER. Compass Financial Services Inc purchased a new position in shares of Teradyne in the 4th quarter valued at approximately $33,000. AllSquare Wealth Management LLC grew its position 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 buying an additional 200 shares during the last quarter. Manchester Capital Management LLC increased 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 buying an additional 227 shares during the period. Murphy & Mullick Capital Management Corp purchased a new position in Teradyne during the 4th quarter worth $45,000. Finally, Atala Financial Inc acquired a new stake in shares of Teradyne in the 4th quarter worth $47,000. 99.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Teradyne news, CFO Sanjay Mehta sold 1,789 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total value of $215,592.39. Following the sale, the chief financial officer now directly owns 33,308 shares of the company’s stock, valued at approximately $4,013,947.08. This trade represents a 5.10 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Ryan Driscoll sold 437 shares of Teradyne stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $102.00, for a total value of $44,574.00. Following the completion of the sale, the vice president now owns 4,312 shares of the company’s stock, valued at $439,824. This trade represents a 9.20 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,399 shares of company stock valued at $612,734 over the last 90 days. Insiders own 0.36% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on TER shares. Morgan Stanley dropped their price target on shares of Teradyne from $81.00 to $69.00 and set an “underweight” rating on the stock in a research note on Wednesday. Vertical Research began coverage on Teradyne in a research note on Friday, March 7th. They set a “buy” rating and a $135.00 target price for the company. Citigroup decreased their price target on Teradyne from $130.00 to $100.00 and set a “buy” rating on the stock in a research note on Wednesday, March 12th. UBS Group set a $130.00 price objective on Teradyne and gave the stock a “buy” rating in a research report on Wednesday, March 12th. Finally, Northland Securities decreased their target price on shares of Teradyne from $154.00 to $140.00 and set an “outperform” rating on the stock in a research report on Friday, January 31st. Two research analysts have rated the stock with a sell rating, four have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Teradyne presently has a consensus rating of “Moderate Buy” and a consensus price target of $118.94.

Teradyne Stock Performance

TER stock opened at $71.14 on Friday. The stock’s 50 day moving average price is $93.05 and its 200 day moving average price is $111.39. The firm has a market cap of $11.44 billion, a P/E ratio of 21.36, a PEG ratio of 2.83 and a beta of 1.65. Teradyne, Inc. has a 1 year low of $65.77 and a 1 year high of $163.21.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.95 earnings per share (EPS) for the quarter, beating 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%. On average, research analysts predict that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.67%. Teradyne’s dividend payout ratio (DPR) is presently 14.41%.

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.