Janney Montgomery Scott LLC Has $27.84 Million Stake in Teradyne, Inc. (NASDAQ:TER)

Janney Montgomery Scott LLC boosted its stake in Teradyne, Inc. (NASDAQ:TER) by 2.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 207,900 shares of the company’s stock after buying an additional 4,367 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.13% of Teradyne worth $27,844,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Ashton Thomas Private Wealth LLC acquired a new position in Teradyne in the second quarter worth $27,000. Rothschild Investment LLC acquired a new position in Teradyne in the second quarter worth $33,000. Quarry LP boosted its stake in Teradyne by 256.1% in the second quarter. Quarry LP now owns 235 shares of the company’s stock worth $35,000 after purchasing an additional 169 shares in the last quarter. Tortoise Investment Management LLC boosted its stake in Teradyne by 76.1% in the second quarter. Tortoise Investment Management LLC now owns 273 shares of the company’s stock worth $40,000 after purchasing an additional 118 shares in the last quarter. Finally, Versant Capital Management Inc boosted its stake in Teradyne by 3,800.0% in the second quarter. Versant Capital Management Inc now owns 351 shares of the company’s stock worth $52,000 after purchasing an additional 342 shares in the last quarter. Institutional investors and hedge funds own 99.77% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Gregory Stephen Smith sold 3,080 shares of the company’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the completion of the transaction, the chief executive officer now directly owns 83,816 shares of the company’s stock, valued at $10,896,080. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Mercedes Johnson sold 625 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $133.49, for a total transaction of $83,431.25. Following the completion of the transaction, the director now directly owns 16,518 shares of the company’s stock, valued at $2,204,987.82. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Gregory Stephen Smith sold 3,080 shares of the company’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $130.00, for a total value of $400,400.00. Following the transaction, the chief executive officer now directly owns 83,816 shares of the company’s stock, valued at $10,896,080. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 14,352 shares of company stock worth $1,899,353 over the last ninety days. 0.36% of the stock is currently owned by corporate insiders.

Teradyne Price Performance

Shares of Teradyne stock opened at $104.27 on Tuesday. Teradyne, Inc. has a 1 year low of $84.66 and a 1 year high of $163.21. The business has a 50-day moving average of $126.41 and a two-hundred day moving average of $132.22. The company has a market capitalization of $17.01 billion, a P/E ratio of 33.10, a price-to-earnings-growth ratio of 2.31 and a beta of 1.52.

Teradyne (NASDAQ:TER) last announced its quarterly earnings results on Wednesday, October 23rd. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.12. Teradyne had a return on equity of 18.56% and a net margin of 18.75%. The company had revenue of $737.30 million during the quarter, compared to the consensus estimate of $716.40 million. During the same period in the prior year, the company earned $0.80 earnings per share. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. On average, equities analysts anticipate that Teradyne, Inc. will post 3.15 EPS for the current fiscal year.

Teradyne Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, September 5th were issued a $0.12 dividend. The ex-dividend date was Thursday, September 5th. This represents a $0.48 annualized dividend and a dividend yield of 0.46%. Teradyne’s dividend payout ratio (DPR) is currently 15.24%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Cantor Fitzgerald raised Teradyne from a “neutral” rating to an “overweight” rating and set a $160.00 price objective on the stock in a research note on Friday, August 16th. Craig Hallum cut their price target on Teradyne from $124.00 to $111.00 and set a “hold” rating on the stock in a research note on Friday, October 25th. StockNews.com raised Teradyne from a “sell” rating to a “hold” rating in a research note on Sunday, October 27th. KeyCorp upped their price target on Teradyne from $160.00 to $180.00 and gave the company an “overweight” rating in a research note on Friday, July 12th. Finally, Susquehanna upped their price target on Teradyne from $130.00 to $145.00 and gave the company a “positive” rating in a research note on Friday, July 26th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Teradyne currently has an average rating of “Hold” and a consensus target price of $142.62.

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.