V Square Quantitative Management LLC Sells 278 Shares of Teradyne, Inc. (NASDAQ:TER)

V Square Quantitative Management LLC lessened its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 15.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,532 shares of the company’s stock after selling 278 shares during the quarter. V Square Quantitative Management LLC’s holdings in Teradyne were worth $227,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in TER. Bfsg LLC acquired a new position in Teradyne in the 1st quarter valued at approximately $34,000. American National Bank acquired a new position in Teradyne in the 4th quarter valued at approximately $37,000. Cambridge Trust Co. acquired a new position in Teradyne in the 4th quarter valued at approximately $38,000. Versant Capital Management Inc raised its holdings in Teradyne by 3,800.0% in the 2nd quarter. Versant Capital Management Inc now owns 351 shares of the company’s stock valued at $52,000 after acquiring an additional 342 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in Teradyne in the 2nd quarter valued at approximately $65,000. Institutional investors own 99.77% of the company’s stock.

Teradyne Stock Down 1.5 %

Shares of NASDAQ:TER traded down $1.89 during midday trading on Wednesday, reaching $125.19. The company had a trading volume of 443,734 shares, compared to its average volume of 2,071,832. The business’s 50 day moving average price is $142.06 and its 200 day moving average price is $122.72. The stock has a market cap of $19.54 billion, a PE ratio of 48.32, a P/E/G ratio of 2.50 and a beta of 1.50. Teradyne, Inc. has a 1-year low of $81.07 and a 1-year high of $163.21.

Teradyne (NASDAQ:TER) last released its earnings results on Wednesday, July 24th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.09. The business had revenue of $729.88 million for the quarter, compared to the consensus estimate of $701.20 million. Teradyne had a return on equity of 18.77% and a net margin of 18.33%. Teradyne’s quarterly revenue was up 6.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.79 earnings per share. On average, research analysts expect that Teradyne, Inc. will post 3.02 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Mercedes Johnson sold 625 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $128.77, for a total transaction of $80,481.25. Following the completion of the sale, the director now owns 17,143 shares in the company, valued at $2,207,504.11. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, insider Richard John Burns sold 5,005 shares of Teradyne stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $137.64, for a total value of $688,888.20. Following the completion of the sale, the insider now directly owns 21,780 shares in the company, valued at $2,997,799.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Mercedes Johnson sold 625 shares of Teradyne stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $128.77, for a total transaction of $80,481.25. Following the completion of the sale, the director now owns 17,143 shares of the company’s stock, valued at $2,207,504.11. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 6,255 shares of company stock worth $859,269. Company insiders own 0.36% of the company’s stock.

Analysts Set New Price Targets

TER has been the subject of a number of recent research reports. Robert W. Baird increased their target price on Teradyne from $120.00 to $140.00 and gave the stock an “outperform” rating in a report on Monday, July 29th. Citigroup decreased their price target on Teradyne from $185.00 to $162.00 and set a “buy” rating on the stock in a research report on Friday, July 26th. Stifel Nicolaus increased their price target on Teradyne from $100.00 to $150.00 and gave the stock a “hold” rating in a research report on Tuesday, July 16th. Cantor Fitzgerald restated a “neutral” rating and set a $180.00 price target on shares of Teradyne in a research report on Thursday, July 25th. Finally, UBS Group increased their price target on Teradyne from $130.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, June 18th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $142.93.

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.