5,543 Shares in Teradyne, Inc. $TER Purchased by Vise Technologies Inc.

Vise Technologies Inc. purchased a new stake in shares of Teradyne, Inc. (NASDAQ:TER) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,543 shares of the company’s stock, valued at approximately $2,682,000.

Several other institutional investors have also added to or reduced their stakes in TER. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Teradyne during the 4th quarter worth approximately $28,000. Community Financial Services Group LLC purchased a new position in shares of Teradyne in the second quarter valued at $29,000. McIlrath & Eck LLC purchased a new position in shares of Teradyne in the first quarter valued at $30,000. Elevation Wealth Partners LLC increased its position in Teradyne by 1,320.0% in the second quarter. Elevation Wealth Partners LLC now owns 71 shares of the company’s stock worth $34,000 after purchasing an additional 66 shares during the last quarter. Finally, CYBER HORNET ETFs LLC bought a new stake in Teradyne in the second quarter worth $35,000. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne Stock Down 1.9%

Shares of NASDAQ:TER opened at $375.74 on Friday. Teradyne, Inc. has a 52-week low of $109.56 and a 52-week high of $487.91. The stock has a market cap of $58.74 billion, a P/E ratio of 51.54, a price-to-earnings-growth ratio of 0.77 and a beta of 1.78. The business’s 50 day moving average is $386.46 and its 200 day moving average is $353.78.

Teradyne (NASDAQ:TER) last issued its earnings results on Wednesday, July 29th. The company reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.38. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the company posted $0.57 EPS. Teradyne’s revenue was up 103.9% on a year-over-year basis. On average, sell-side analysts anticipate that Teradyne, Inc. will post 9.1 EPS for the current fiscal year.

Insider Buying and Selling at Teradyne

In related news, CEO Gregory Stephen Smith sold 4,000 shares of Teradyne stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $425.00, for a total value of $1,700,000.00. Following the completion of the sale, the chief executive officer directly owned 112,495 shares in the company, valued at $47,810,375. The trade was a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.19% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on TER. UBS Group increased their price objective on shares of Teradyne from $440.00 to $500.00 and gave the company a “buy” rating in a research report on Monday, July 20th. Susquehanna increased their price target on shares of Teradyne from $415.00 to $550.00 and gave the company a “positive” rating in a report on Tuesday, June 30th. Zacks Research raised Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Citigroup upped their price objective on Teradyne from $325.00 to $400.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Weiss Ratings raised Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $396.80.

Teradyne Company Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.