Wedmont Private Capital Purchases 119 Shares of Teradyne, Inc. (NASDAQ:TER)

Wedmont Private Capital lifted its stake in Teradyne, Inc. (NASDAQ:TER) by 4.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,880 shares of the company’s stock after acquiring an additional 119 shares during the quarter. Wedmont Private Capital’s holdings in Teradyne were worth $450,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in shares of Teradyne by 0.7% in the first quarter. Vanguard Group Inc. now owns 18,421,186 shares of the company’s stock worth $2,078,462,000 after acquiring an additional 135,286 shares during the period. Van ECK Associates Corp boosted its holdings in shares of Teradyne by 10.4% in the first quarter. Van ECK Associates Corp now owns 4,815,017 shares of the company’s stock worth $543,278,000 after buying an additional 453,926 shares during the last quarter. Nordea Investment Management AB boosted its holdings in shares of Teradyne by 14.6% in the first quarter. Nordea Investment Management AB now owns 3,028,930 shares of the company’s stock worth $342,178,000 after buying an additional 385,115 shares during the last quarter. Boston Partners boosted its holdings in shares of Teradyne by 23.2% in the fourth quarter. Boston Partners now owns 2,896,349 shares of the company’s stock worth $314,324,000 after buying an additional 544,482 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of Teradyne by 3.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 2,182,136 shares of the company’s stock worth $246,210,000 after buying an additional 68,924 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Citigroup dropped their price objective on shares of Teradyne from $185.00 to $162.00 and set a “buy” rating on the stock in a report on Friday, July 26th. KeyCorp lifted their price target on shares of Teradyne from $160.00 to $180.00 and gave the company an “overweight” rating in a report on Friday, July 12th. The Goldman Sachs Group lifted their price target on shares of Teradyne from $118.00 to $161.00 and gave the company a “buy” rating in a report on Tuesday, May 28th. Robert W. Baird lifted their price target on shares of Teradyne from $120.00 to $140.00 and gave the company an “outperform” rating in a report on Monday, July 29th. Finally, Susquehanna lifted their price target on shares of Teradyne from $130.00 to $145.00 and gave the company a “positive” rating in a report on Friday, July 26th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $142.93.

Insider Buying and Selling at Teradyne

In other Teradyne news, insider Richard John Burns sold 5,005 shares of the business’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of $137.64, for a total transaction of $688,888.20. Following the transaction, the insider now owns 21,780 shares in the company, valued at $2,997,799.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Mercedes Johnson sold 625 shares of the business’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $128.77, for a total transaction of $80,481.25. Following the completion of the sale, the director now directly owns 17,143 shares of the company’s stock, valued at $2,207,504.11. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Richard John Burns sold 5,005 shares of the business’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of $137.64, for a total transaction of $688,888.20. Following the sale, the insider now directly owns 21,780 shares of the company’s stock, valued at $2,997,799.20. The disclosure for this sale can be found here. Insiders have sold 6,255 shares of company stock worth $859,269 over the last quarter. Insiders own 0.36% of the company’s stock.

Teradyne Trading Up 3.9 %

TER traded up $4.80 during trading hours on Tuesday, hitting $127.12. The company’s stock had a trading volume of 930,344 shares, compared to its average volume of 2,077,174. The business’s 50-day moving average price is $142.31 and its 200-day moving average price is $122.57. Teradyne, Inc. has a 12 month low of $81.07 and a 12 month high of $163.21. The stock has a market cap of $20.74 billion, a price-to-earnings ratio of 46.51, a P/E/G ratio of 2.50 and a beta of 1.50.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Wednesday, July 24th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.09. Teradyne had a net margin of 18.33% and a return on equity of 18.77%. The business had revenue of $729.88 million for the quarter, compared to analysts’ expectations of $701.20 million. During the same quarter in the previous year, the business posted $0.79 earnings per share. The business’s revenue was up 6.6% compared to the same quarter last year. On average, analysts forecast that Teradyne, Inc. will post 3.02 earnings per share for the current year.

Teradyne Company 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.