U.S. Capital Wealth Advisors LLC Purchases Shares of 29,556 Teradyne, Inc. (NASDAQ:TER)

U.S. Capital Wealth Advisors LLC acquired a new position in Teradyne, Inc. (NASDAQ:TER) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 29,556 shares of the company’s stock, valued at approximately $3,722,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of TER. Capital Performance Advisors LLP acquired a new position in Teradyne in the 3rd quarter worth approximately $29,000. Quarry LP increased its stake in shares of Teradyne by 256.1% in the second quarter. Quarry LP now owns 235 shares of the company’s stock worth $35,000 after acquiring an additional 169 shares during the period. Coastline Trust Co purchased a new position in shares of Teradyne during the third quarter worth $46,000. Brooklyn Investment Group acquired a new position in Teradyne during the third quarter valued at $52,000. Finally, Eastern Bank purchased a new stake in Teradyne in the third quarter valued at $67,000. Institutional investors and hedge funds own 99.77% of the company’s stock.

Insider Activity at Teradyne

In other news, CEO Gregory Stephen Smith sold 3,080 shares of the stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $130.00, for a total value of $400,400.00. Following the completion of the sale, the chief executive officer now owns 74,660 shares of the company’s stock, valued at $9,705,800. This represents a 3.96 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Sanjay Mehta sold 1,789 shares of the firm’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total transaction of $215,592.39. Following the sale, the chief financial officer now owns 33,308 shares of the company’s stock, valued at $4,013,947.08. This represents a 5.10 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 6,434 shares of company stock valued at $785,137. 0.18% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on TER shares. UBS Group lowered their target price on Teradyne from $160.00 to $155.00 and set a “buy” rating on the stock in a research note on Friday. Robert W. Baird dropped their price objective on shares of Teradyne from $140.00 to $133.00 and set an “outperform” rating on the stock in a research note on Friday, October 25th. JPMorgan Chase & Co. decreased their target price on shares of Teradyne from $158.00 to $145.00 and set an “overweight” rating for the company in a research note on Friday. Susquehanna raised their price target on shares of Teradyne from $145.00 to $165.00 and gave the company a “positive” rating in a research report on Wednesday, January 22nd. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $160.00 price objective on shares of Teradyne in a research report on Thursday. One analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $143.77.

Teradyne Price Performance

Shares of NASDAQ:TER opened at $115.79 on Monday. The business’s 50 day moving average price is $125.37 and its 200-day moving average price is $124.88. The firm has a market capitalization of $18.86 billion, a PE ratio of 34.77, a P/E/G ratio of 2.67 and a beta of 1.45. Teradyne, Inc. has a 1 year low of $92.29 and a 1 year high of $163.21.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. As a group, analysts expect that Teradyne, Inc. will post 4.02 earnings per share for the current year.

Teradyne announced that its board has approved a share buyback plan on Monday, November 11th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 0.6% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

Teradyne Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 14th will be given a $0.12 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.41%. Teradyne’s dividend payout ratio (DPR) is presently 14.41%.

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.