Advantage Trust Co Makes New $54,000 Investment in Teradyne, Inc. (NASDAQ:TER)

Advantage Trust Co acquired a new stake in Teradyne, Inc. (NASDAQ:TER) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 500 shares of the company’s stock, valued at approximately $54,000.

A number of other hedge funds have also recently made changes to their positions in the business. Commonwealth Equity Services LLC increased its holdings in Teradyne by 7.1% in the 3rd quarter. Commonwealth Equity Services LLC now owns 14,245 shares of the company’s stock valued at $1,431,000 after acquiring an additional 948 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of Teradyne by 2.3% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 8,753 shares of the company’s stock worth $879,000 after buying an additional 198 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Teradyne by 4.4% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 27,572 shares of the company’s stock valued at $2,770,000 after buying an additional 1,155 shares during the last quarter. Strs Ohio boosted its stake in Teradyne by 57.9% during the third quarter. Strs Ohio now owns 13,140 shares of the company’s stock valued at $1,320,000 after buying an additional 4,819 shares during the last quarter. Finally, IFM Investors Pty Ltd grew its holdings in Teradyne by 4.0% during the 3rd quarter. IFM Investors Pty Ltd now owns 34,039 shares of the company’s stock valued at $3,420,000 after buying an additional 1,302 shares in the last quarter. Institutional investors own 99.77% of the company’s stock.

Teradyne Stock Up 1.8 %

Shares of TER stock traded up $2.18 on Thursday, hitting $122.61. The company had a trading volume of 1,927,036 shares, compared to its average volume of 1,971,914. Teradyne, Inc. has a twelve month low of $81.07 and a twelve month high of $123.65. The firm has a market cap of $18.76 billion, a P/E ratio of 46.62 and a beta of 1.50. The company has a 50-day moving average price of $108.46 and a 200-day moving average price of $101.82.

Teradyne (NASDAQ:TER) last posted its earnings results on Wednesday, April 24th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.18. The firm had revenue of $599.82 million for the quarter, compared to analysts’ expectations of $566.31 million. Teradyne had a return on equity of 18.88% and a net margin of 16.15%. The company’s quarterly revenue was down 2.9% on a year-over-year basis. During the same period last year, the firm earned $0.55 EPS. Equities research analysts expect that Teradyne, Inc. will post 2.99 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on TER shares. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $110.00 price target on shares of Teradyne in a report on Thursday, April 25th. Susquehanna boosted their target price on Teradyne from $125.00 to $130.00 and gave the company a “positive” rating in a research report on Friday, April 26th. Robert W. Baird raised their price target on Teradyne from $110.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Evercore ISI started coverage on shares of Teradyne in a research report on Tuesday, April 16th. They set an “outperform” rating and a $130.00 price objective on the stock. Finally, JPMorgan Chase & Co. raised their target price on shares of Teradyne from $100.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, April 11th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $117.83.

Insider Buying and Selling

In other news, Director Mercedes Johnson sold 625 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $121.20, for a total value of $75,750.00. Following the transaction, the director now owns 17,142 shares in the company, valued at $2,077,610.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Teradyne news, CFO Sanjay Mehta sold 3,750 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $120.06, for a total value of $450,225.00. Following the transaction, the chief financial officer now directly owns 41,902 shares of the company’s stock, valued at approximately $5,030,754.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mercedes Johnson sold 625 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $121.20, for a total value of $75,750.00. Following the transaction, the director now owns 17,142 shares in the company, valued at $2,077,610.40. The disclosure for this sale can be found here. Insiders own 0.18% of the company’s stock.

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.