Nkcfo LLC Takes Position in Teradyne, Inc. (NYSE:TER)

Nkcfo LLC acquired a new stake in shares of Teradyne, Inc. (NYSE:TER) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,000 shares of the semiconductor company’s stock, valued at approximately $192,000.

Several other large investors also recently made changes to their positions in the company. Exane Derivatives purchased a new stake in Teradyne in the first quarter worth about $36,000. Zions Bancorporation N.A. purchased a new position in shares of Teradyne during the 1st quarter valued at $50,000. SevenBridge Financial Group LLC lifted its stake in shares of Teradyne by 146.9% during the 2nd quarter. SevenBridge Financial Group LLC now owns 2,185 shares of the semiconductor company’s stock valued at $105,000 after buying an additional 1,300 shares in the last quarter. ETF Managers Group LLC lifted its stake in shares of Teradyne by 11.5% during the 1st quarter. ETF Managers Group LLC now owns 3,147 shares of the semiconductor company’s stock valued at $125,000 after buying an additional 325 shares in the last quarter. Finally, NEXT Financial Group Inc lifted its stake in shares of Teradyne by 117.4% during the 2nd quarter. NEXT Financial Group Inc now owns 3,261 shares of the semiconductor company’s stock valued at $156,000 after buying an additional 1,761 shares in the last quarter.

TER has been the topic of a number of analyst reports. Robert W. Baird upgraded shares of Teradyne from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $39.00 to $55.00 in a research note on Thursday, April 25th. Zacks Investment Research upgraded 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 reiterated a “market perform” rating and issued a $50.00 price target (up previously from $40.00) on shares of Teradyne in a research note on Thursday, April 25th. Stifel Nicolaus cut shares of Teradyne from a “buy” rating to a “hold” rating and boosted their price target for the stock from $52.00 to $53.00 in a research note on Thursday, July 25th. Finally, DA Davidson upped their target price on shares of Teradyne to $48.00 and gave the company a “neutral” rating in a research report on Thursday, April 25th. Nine research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Teradyne presently has an average rating of “Hold” and an average price target of $48.00.

In other news, Director Marilyn Matz sold 500 shares of the company’s stock in a transaction dated Friday, July 26th. The shares were sold at an average price of $57.00, for a total transaction of $28,500.00. Following the sale, the director now directly owns 9,342 shares in the company, valued at approximately $532,494. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Brad Robbins sold 10,000 shares of the company’s stock in a transaction dated 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 owns 28,465 shares in the company, valued at $1,625,351.50. The disclosure for this sale can be found here. Insiders have sold a total of 34,570 shares of company stock worth $1,978,796 over the last 90 days. Corporate insiders own 0.49% of the company’s stock.

Shares of NYSE TER traded up $1.70 during mid-day trading on Tuesday, hitting $53.95. 89,450 shares of the company’s stock traded hands, compared to its average volume of 2,405,466. The business has a 50-day moving average of $49.69. The company has a debt-to-equity ratio of 0.23, a current ratio of 4.10 and a quick ratio of 3.76. The company has a market capitalization of $9.25 billion, a P/E ratio of 22.94, a P/E/G ratio of 2.02 and a beta of 1.25. Teradyne, Inc. has a 1 year low of $28.73 and a 1 year high of $58.61.

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

Teradyne Company Profile

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.

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Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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