EverSource Wealth Advisors LLC Has $352,000 Stock Holdings in Teradyne, Inc. (NASDAQ:TER)

EverSource Wealth Advisors LLC lowered its position in shares of Teradyne, Inc. (NASDAQ:TER) by 21.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,793 shares of the company’s stock after selling 763 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Teradyne were worth $352,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Compass Financial Services Inc acquired a new position in shares of Teradyne in the 4th quarter valued at $33,000. Manchester Capital Management LLC raised its stake in Teradyne by 264.0% during the 4th quarter. Manchester Capital Management LLC now owns 313 shares of the company’s stock worth $39,000 after buying an additional 227 shares during the period. Coastline Trust Co bought a new position in Teradyne during the third quarter worth about $46,000. Brooklyn Investment Group acquired a new position in Teradyne in the third quarter valued at about $52,000. Finally, Quarry LP increased its holdings in shares of Teradyne by 91.9% in the third quarter. Quarry LP now owns 451 shares of the company’s stock worth $60,000 after acquiring an additional 216 shares in the last quarter. Institutional investors own 99.77% of the company’s stock.

Teradyne Stock Up 1.7 %

Shares of Teradyne stock opened at $86.74 on Friday. Teradyne, Inc. has a 12-month low of $82.98 and a 12-month high of $163.21. The business’s 50 day moving average is $117.60 and its 200-day moving average is $120.28. The stock has a market cap of $14.03 billion, a P/E ratio of 26.05, a P/E/G ratio of 2.83 and a beta of 1.46.

Teradyne (NASDAQ:TER) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. On average, sell-side analysts expect that Teradyne, Inc. will post 3.88 EPS for the current year.

Teradyne Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were given a $0.12 dividend. The ex-dividend date was Friday, February 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.55%. Teradyne’s payout ratio is 14.41%.

Insider Transactions at Teradyne

In other news, CEO Gregory Stephen Smith sold 3,080 shares of the business’s stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $130.00, for a total transaction of $400,400.00. Following the completion of the sale, the chief executive officer now owns 74,660 shares in the company, valued at $9,705,800. The trade was a 3.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Sanjay Mehta sold 614 shares of the stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $102.00, for a total value of $62,628.00. Following the transaction, the chief financial officer now owns 30,446 shares in the company, valued at approximately $3,105,492. This trade represents a 1.98 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 8,479 shares of company stock worth $1,013,134. 0.36% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Cantor Fitzgerald cut their price objective on Teradyne from $150.00 to $110.00 and set an “overweight” rating on the stock in a report on Wednesday. KeyCorp reduced their price target on shares of Teradyne from $150.00 to $140.00 and set an “overweight” rating for the company in a report on Wednesday. Stifel Nicolaus dropped their price objective on shares of Teradyne from $125.00 to $110.00 and set a “hold” rating on the stock in a report on Wednesday. UBS Group set a $130.00 price objective on shares of Teradyne and gave the company a “buy” rating in a research report on Wednesday. Finally, Northland Capmk upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $121.44.

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.