Everpar Advisors LLC Makes New Investment in Teradyne, Inc. (NASDAQ:TER)

Everpar Advisors LLC purchased a new position in shares of Teradyne, Inc. (NASDAQ:TER) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,676 shares of the company’s stock, valued at approximately $942,000.

Several other large investors also recently bought and sold shares of the stock. Mutual of America Capital Management LLC increased its holdings in shares of Teradyne by 6.6% in the 4th quarter. Mutual of America Capital Management LLC now owns 41,973 shares of the company’s stock valued at $4,555,000 after acquiring an additional 2,590 shares during the last quarter. International Assets Investment Management LLC grew its stake in Teradyne by 8,125.5% during the 4th quarter. International Assets Investment Management LLC now owns 133,088 shares of the company’s stock worth $14,443,000 after buying an additional 131,470 shares during the last quarter. Raymond James & Associates grew its stake in Teradyne by 3.8% during the 4th quarter. Raymond James & Associates now owns 448,581 shares of the company’s stock worth $48,680,000 after buying an additional 16,595 shares during the last quarter. Value Aligned Research Advisors LLC purchased a new position in Teradyne during the 4th quarter worth approximately $2,981,000. Finally, Louisiana State Employees Retirement System acquired a new stake in Teradyne during the 4th quarter worth approximately $998,000. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Evercore ISI began coverage on Teradyne in a report on Tuesday, April 16th. They issued an “outperform” rating and a $130.00 price target for the company. Robert W. Baird raised their price target on Teradyne from $110.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Susquehanna raised their price target on Teradyne from $125.00 to $130.00 and gave the stock a “positive” rating in a research report on Friday, April 26th. Cantor Fitzgerald reissued a “neutral” rating and set a $110.00 price target on shares of Teradyne in a research report on Thursday, April 25th. Finally, JPMorgan Chase & Co. raised their price target on Teradyne from $100.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, April 11th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $117.83.

Insider Activity at Teradyne

In related news, CFO Sanjay Mehta sold 3,750 shares of Teradyne stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $120.06, for a total value of $450,225.00. Following the transaction, the chief financial officer now owns 41,902 shares in the company, valued at $5,030,754.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Teradyne news, CFO Sanjay Mehta sold 3,750 shares of the business’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $120.06, for a total transaction of $450,225.00. Following the transaction, the chief financial officer now owns 41,902 shares in the company, valued at $5,030,754.12. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Mercedes Johnson sold 625 shares of the business’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $121.20, for a total value of $75,750.00. Following the transaction, the director now owns 17,142 shares in the company, valued at approximately $2,077,610.40. The disclosure for this sale can be found here. 0.18% of the stock is owned by insiders.

Teradyne Stock Performance

Teradyne stock traded down $0.66 during midday trading on Wednesday, reaching $120.43. The stock had a trading volume of 1,794,935 shares, compared to its average volume of 1,972,417. Teradyne, Inc. has a twelve month low of $81.07 and a twelve month high of $123.65. The stock has a market capitalization of $18.42 billion, a PE ratio of 45.79 and a beta of 1.50. The stock’s 50-day simple moving average is $108.06 and its 200 day simple moving average is $101.69.

Teradyne (NASDAQ:TER) last issued its earnings results on Wednesday, April 24th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.18. Teradyne had a return on equity of 18.88% and a net margin of 16.15%. The firm had revenue of $599.82 million for the quarter, compared to analysts’ expectations of $566.31 million. During the same quarter last year, the firm earned $0.55 earnings per share. The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. Equities analysts predict that Teradyne, Inc. will post 2.99 earnings per share for the current fiscal 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.