Teradyne, Inc. (TER) VP Charles Jeffrey Gray Sells 5,040 Shares

Teradyne, Inc. (NYSE:TER) VP Charles Jeffrey Gray sold 5,040 shares of the company’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $47.25, for a total transaction of $238,140.00. Following the completion of the transaction, the vice president now directly owns 31,593 shares of the company’s stock, valued at $1,492,769.25. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Charles Jeffrey Gray also recently made the following trade(s):

  • On Wednesday, January 31st, Charles Jeffrey Gray sold 32,238 shares of Teradyne stock. The stock was sold at an average price of $46.31, for a total transaction of $1,492,941.78.

Teradyne, Inc. (NYSE TER) traded up $1.25 during trading on Wednesday, reaching $41.73. 1,021,191 shares of the company were exchanged, compared to its average volume of 3,021,390. Teradyne, Inc. has a 1 year low of $28.38 and a 1 year high of $48.53. The company has a quick ratio of 4.76, a current ratio of 5.00 and a debt-to-equity ratio of 0.19. The firm has a market cap of $7,940.00, a price-to-earnings ratio of 33.14, a price-to-earnings-growth ratio of 1.42 and a beta of 1.13.

Teradyne (NYSE:TER) last posted its quarterly earnings data on Wednesday, January 24th. The semiconductor company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.12. Teradyne had a net margin of 12.06% and a return on equity of 23.37%. The firm had revenue of $479.00 million during the quarter, compared to analyst estimates of $438.85 million. During the same quarter last year, the business posted $0.32 EPS. The company’s revenue was up 26.1% on a year-over-year basis. equities analysts expect that Teradyne, Inc. will post 2.47 earnings per share for the current year.

Teradyne announced that its board has initiated a share repurchase program on Wednesday, January 24th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the semiconductor company to buy shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 23rd. Shareholders of record on Friday, February 23rd will be given a $0.09 dividend. This is an increase from Teradyne’s previous quarterly dividend of $0.07. The ex-dividend date is Thursday, February 22nd. This represents a $0.36 dividend on an annualized basis and a yield of 0.86%. Teradyne’s dividend payout ratio is presently 22.22%.

Several brokerages have recently commented on TER. Stifel Nicolaus increased their price target on shares of Teradyne from $46.00 to $54.00 and gave the stock a “buy” rating in a research report on Wednesday, January 24th. Zacks Investment Research upgraded shares of Teradyne from a “hold” rating to a “buy” rating and set a $53.00 price objective on the stock in a research note on Monday, January 29th. Citigroup raised their price target on shares of Teradyne from $48.00 to $54.00 and gave the company a “buy” rating in a research note on Tuesday, January 30th. DA Davidson raised their price target on shares of Teradyne to $55.00 and gave the company a “buy” rating in a research note on Friday, January 26th. Finally, Robert W. Baird reiterated a “positive” rating and issued a $48.00 price objective (up from $37.00) on shares of Teradyne in a report on Friday, October 27th. Three analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $48.00.

A number of hedge funds have recently added to or reduced their stakes in TER. PNC Financial Services Group Inc. lifted its position in Teradyne by 12.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 8,070 shares of the semiconductor company’s stock worth $243,000 after buying an additional 863 shares in the last quarter. UBS Asset Management Americas Inc. raised its holdings in shares of Teradyne by 22.9% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 152,889 shares of the semiconductor company’s stock valued at $4,591,000 after purchasing an additional 28,515 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Teradyne by 2.7% during the 2nd quarter. Vanguard Group Inc. now owns 17,201,317 shares of the semiconductor company’s stock valued at $516,555,000 after purchasing an additional 458,103 shares in the last quarter. FMR LLC bought a new position in shares of Teradyne during the 2nd quarter valued at $9,198,000. Finally, Ark Investment Management LLC raised its holdings in shares of Teradyne by 32.1% during the 2nd quarter. Ark Investment Management LLC now owns 172,918 shares of the semiconductor company’s stock valued at $5,193,000 after purchasing an additional 42,031 shares in the last quarter. Institutional investors own 95.71% of the company’s stock.

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Teradyne Company Profile

Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.

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

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