Teradyne, Inc. (NYSE:TER) Insider Sells $571,000.00 in Stock

Teradyne, Inc. (NYSE:TER) insider Brad Robbins sold 10,000 shares of the stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $57.10, for a total transaction of $571,000.00. Following the sale, the insider now directly owns 28,465 shares in the company, valued at $1,625,351.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of TER stock opened at $55.73 on Thursday. Teradyne, Inc. has a 52-week low of $28.73 and a 52-week high of $58.61. The company has a market capitalization of $9.75 billion, a PE ratio of 23.82, a PEG ratio of 2.02 and a beta of 1.25. The company has a current ratio of 4.10, a quick ratio of 3.76 and a debt-to-equity ratio of 0.23. The firm has a 50 day simple moving average of $47.90.

Teradyne (NYSE:TER) last announced its quarterly earnings data on Tuesday, July 23rd. The semiconductor company reported $0.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.04. Teradyne had a net margin of 9.81% and a return on equity of 23.50%. The firm had revenue of $564.00 million for the quarter, compared to analysts’ expectations of $536.72 million. During the same period last year, the firm earned $0.59 earnings per share. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. As a group, analysts forecast that Teradyne, Inc. will post 2.25 EPS for the current year.

Hedge funds have recently made changes to their positions in the business. Exane Derivatives bought a new position in Teradyne in the first quarter valued at approximately $36,000. Zions Bancorporation N.A. bought a new position in Teradyne in the first quarter valued at approximately $50,000. SevenBridge Financial Group LLC boosted its stake in Teradyne by 146.9% in the second quarter. SevenBridge Financial Group LLC now owns 2,185 shares of the semiconductor company’s stock valued at $105,000 after acquiring an additional 1,300 shares during the last quarter. ETF Managers Group LLC boosted its stake in Teradyne by 11.5% in the first quarter. ETF Managers Group LLC now owns 3,147 shares of the semiconductor company’s stock valued at $125,000 after acquiring an additional 325 shares during the last quarter. Finally, NEXT Financial Group Inc boosted its stake in Teradyne by 117.4% in the second quarter. NEXT Financial Group Inc now owns 3,261 shares of the semiconductor company’s stock valued at $156,000 after acquiring an additional 1,761 shares during the last quarter.

Several analysts have recently commented on TER shares. Credit Suisse Group increased their price target on shares of Teradyne from $45.00 to $55.00 and gave the company a “neutral” rating in a research note on Thursday, July 25th. Zacks Investment Research raised shares of Teradyne from a “hold” rating to a “strong-buy” rating and set a $55.00 price target on the stock in a research note on Friday, April 26th. Cowen reissued a “market perform” rating and set a $50.00 price target (up from $40.00) on shares of Teradyne in a research note on Thursday, April 25th. DA Davidson increased their price target on shares of Teradyne to $48.00 and gave the company a “neutral” rating in a research note on Thursday, April 25th. Finally, Northland Securities reissued a “hold” rating on shares of Teradyne in a research note on Monday, July 22nd. Nine analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $48.00.

About Teradyne

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.

Read More: What is a Reverse Stock Split?

Insider Buying and Selling by Quarter for Teradyne (NYSE:TER)

Receive News & Ratings for Teradyne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradyne and related companies with MarketBeat.com's FREE daily email newsletter.