The Teradyne, Inc. (TER) Director Daniel W. Christman Sells 3,232 Shares

The Teradyne, Inc. (TER) Director Daniel W. Christman Sells 3,232 Shares

Shares of Teradyne, Inc. (NYSE TER) opened at 35.27 on Monday. Teradyne, Inc. has a 52 week low of $18.07 and a 52 week high of $36.59. The stock’s market capitalization is $7.02 billion. The firm’s 50-day moving average is $34.69 and its 200-day moving average is $29.49.

Teradyne, Inc. (NYSE:TER) Director Daniel W. Christman sold 3,232 shares of Teradyne stock in a transaction that occurred on Wednesday, May 10th. The shares were sold at an average price of $35.65, for a total value of $115,220.80. Following the sale, the director now directly owns 30,163 shares in the company, valued at $1,075,310.95. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Teradyne (NYSE:TER) last issued its quarterly earnings results on Wednesday, April 26th. The semiconductor company reported $0.44 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.06. The firm had revenue of $457 million during the quarter, compared to analysts’ expectations of $440.96 million. Teradyne had a negative net margin of 2.48% and a positive return on equity of 16.79%. Teradyne’s quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.31 EPS. Analysts forecast that Teradyne, Inc. will post $1.89 earnings per share for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in TER. World Asset Management Inc boosted its stake in Teradyne by 0.7% in the first quarter. World Asset Management Inc now owns 12,414 shares of the semiconductor company’s stock valued at $386,000 after buying an additional 82 shares during the period. Utah Retirement Systems boosted its stake in Teradyne by 0.3% in the first quarter. Utah Retirement Systems now owns 36,957 shares of the semiconductor company’s stock valued at $1,149,000 after buying an additional 100 shares during the period. Quadrant Capital Group LLC boosted its stake in Teradyne by 3.0% in the first quarter. Quadrant Capital Group LLC now owns 3,477 shares of the semiconductor company’s stock valued at $106,000 after buying an additional 101 shares during the period. First Citizens Bank & Trust Co. boosted its stake in Teradyne by 1.4% in the third quarter. First Citizens Bank & Trust Co. now owns 20,864 shares of the semiconductor company’s stock valued at $450,000 after buying an additional 281 shares during the period. Finally, Arizona State Retirement System boosted its stake in Teradyne by 0.4% in the first quarter. Arizona State Retirement System now owns 83,300 shares of the semiconductor company’s stock valued at $2,591,000 after buying an additional 348 shares during the period. Institutional investors own 91.87% of the company’s stock. TER has been the topic of several research reports. Robert W. Baird started coverage on Teradyne in a research report on Monday, April 3rd. They set an “outperform” rating and a $37.00 price objective on the stock. Stifel Nicolaus boosted their price target on Teradyne from $27.00 to $30.00 and gave the stock a “hold” rating in a research report on Tuesday, April 25th. Needham & Company LLC boosted their price target on Teradyne from $32.00 to $40.00 and gave the stock a “buy” rating in a research report on Friday, April 28th. Deutsche Bank AG boosted their price target on Teradyne from $30.00 to $34.00 and gave the stock a “buy” rating in a research report on Monday, April 24th. Finally, Cowen and Company upped their price objective on Teradyne from $35.00 to $41.00 and gave the company an “outperform” rating in a research report on Thursday, April 27th. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Teradyne has a consensus rating of “Buy” and a consensus target price of $30.59.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TER”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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