1,976 Shares in Teradyne, Inc. (NASDAQ:TER) Bought by KRS Capital Management LLC

KRS Capital Management LLC purchased a new position in shares of Teradyne, Inc. (NASDAQ:TER) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,976 shares of the company’s stock, valued at approximately $223,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TER. Register Financial Advisors LLC acquired a new position in shares of Teradyne during the first quarter worth about $113,000. Capital Asset Advisory Services LLC increased its stake in shares of Teradyne by 4.7% during the first quarter. Capital Asset Advisory Services LLC now owns 3,892 shares of the company’s stock worth $418,000 after acquiring an additional 176 shares during the period. Thrive Wealth Management LLC increased its stake in shares of Teradyne by 7.7% during the first quarter. Thrive Wealth Management LLC now owns 2,567 shares of the company’s stock worth $290,000 after acquiring an additional 184 shares during the period. Bouvel Investment Partners LLC increased its stake in shares of Teradyne by 0.5% during the first quarter. Bouvel Investment Partners LLC now owns 22,779 shares of the company’s stock worth $2,570,000 after acquiring an additional 112 shares during the period. Finally, Chesley Taft & Associates LLC increased its stake in shares of Teradyne by 18.6% during the first quarter. Chesley Taft & Associates LLC now owns 13,440 shares of the company’s stock worth $1,516,000 after acquiring an additional 2,110 shares during the period. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Teradyne

In other news, Director Mercedes Johnson sold 625 shares of the firm’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $143.84, for a total value of $89,900.00. Following the transaction, the director now directly owns 18,393 shares in the company, valued at approximately $2,645,649.12. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, Director Mercedes Johnson sold 625 shares of the stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $143.84, for a total value of $89,900.00. Following the sale, the director now owns 18,393 shares of the company’s stock, valued at approximately $2,645,649.12. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Sanjay Mehta sold 3,750 shares of the stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $120.06, for a total transaction of $450,225.00. Following the completion of the sale, the chief financial officer now directly owns 41,902 shares in the company, valued at approximately $5,030,754.12. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,005 shares of company stock worth $1,304,763. 0.36% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. UBS Group boosted their price objective on shares of Teradyne from $130.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, June 18th. JPMorgan Chase & Co. upped their price target on shares of Teradyne from $100.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, April 11th. Susquehanna upped their price target on shares of Teradyne from $125.00 to $130.00 and gave the company a “positive” rating in a report on Friday, April 26th. Evercore ISI started coverage on shares of Teradyne in a report on Tuesday, April 16th. They issued an “outperform” rating and a $130.00 price target on the stock. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $110.00 price target on shares of Teradyne in a report on Thursday, April 25th. One analyst has rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $125.85.

Teradyne Stock Performance

Shares of TER stock traded up $0.72 on Friday, hitting $148.29. The stock had a trading volume of 2,826,304 shares, compared to its average volume of 2,061,537. The firm has a market capitalization of $23.15 billion, a price-to-earnings ratio of 56.38, a P/E/G ratio of 2.78 and a beta of 1.51. The stock’s 50 day moving average is $134.08 and its 200-day moving average is $115.02. Teradyne, Inc. has a 52-week low of $81.07 and a 52-week high of $152.23.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.18. Teradyne had a net margin of 16.15% and a return on equity of 18.88%. The firm had revenue of $599.82 million for the quarter, compared to the consensus estimate of $566.31 million. During the same period in the prior year, the firm posted $0.55 EPS. The firm’s revenue was down 2.9% compared to the same quarter last year. Equities analysts expect that Teradyne, Inc. will post 3.04 earnings per share for the current year.

Teradyne Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Wednesday, May 22nd were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Tuesday, May 21st. This represents a $0.48 dividend on an annualized basis and a yield of 0.32%. Teradyne’s dividend payout ratio (DPR) is 18.25%.

About Teradyne

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.