MGO One Seven LLC Purchases 1,035 Shares of Teradyne, Inc. (NASDAQ:TER)

MGO One Seven LLC raised its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 25.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,156 shares of the company’s stock after purchasing an additional 1,035 shares during the quarter. MGO One Seven LLC’s holdings in Teradyne were worth $649,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of TER. Van ECK Associates Corp lifted its stake in shares of Teradyne by 59.9% during the 4th quarter. Van ECK Associates Corp now owns 4,928,143 shares of the company’s stock valued at $620,552,000 after buying an additional 1,846,079 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Teradyne during the fourth quarter worth $12,118,000. Franklin Resources Inc. boosted its holdings in shares of Teradyne by 30.5% in the third quarter. Franklin Resources Inc. now owns 88,879 shares of the company’s stock worth $11,878,000 after acquiring an additional 20,762 shares during the period. Empowered Funds LLC grew its position in shares of Teradyne by 16.2% in the fourth quarter. Empowered Funds LLC now owns 30,269 shares of the company’s stock valued at $3,811,000 after purchasing an additional 4,212 shares in the last quarter. Finally, Boston Trust Walden Corp raised its stake in shares of Teradyne by 3.3% during the 4th quarter. Boston Trust Walden Corp now owns 408,177 shares of the company’s stock valued at $51,398,000 after purchasing an additional 13,020 shares during the period. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Insider Buying and Selling

In other news, CFO Sanjay Mehta sold 614 shares of Teradyne 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 sale, the chief financial officer now directly owns 30,446 shares in the company, valued at approximately $3,105,492. This trade represents a 1.98 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Richard John Burns sold 407 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $120.51, for a total value of $49,047.57. Following the transaction, the insider now owns 20,764 shares of the company’s stock, valued at approximately $2,502,269.64. This represents a 1.92 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 5,399 shares of company stock valued at $612,734 over the last three months. 0.16% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on TER shares. Cantor Fitzgerald reduced their target price on Teradyne from $150.00 to $110.00 and set an “overweight” rating for the company in a report on Wednesday, March 12th. Vertical Research initiated coverage on shares of Teradyne in a report on Friday, March 7th. They set a “buy” rating and a $135.00 target price on the stock. UBS Group set a $130.00 price target on shares of Teradyne and gave the company a “buy” rating in a research report on Wednesday, March 12th. Robert W. Baird lowered their price objective on Teradyne from $140.00 to $110.00 and set an “outperform” rating on the stock in a research report on Thursday, March 13th. Finally, Susquehanna reduced their target price on Teradyne from $165.00 to $155.00 and set a “positive” rating for the company in a research report on Wednesday, March 12th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Teradyne has an average rating of “Moderate Buy” and a consensus price target of $118.94.

Teradyne Stock Performance

Shares of TER opened at $77.12 on Friday. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $163.21. The firm has a market cap of $12.40 billion, a price-to-earnings ratio of 23.16, a PEG ratio of 2.83 and a beta of 1.65. The firm has a 50 day moving average price of $88.28 and a 200-day moving average price of $108.91.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Wednesday, January 29th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.04. Teradyne had a net margin of 19.23% and a return on equity of 19.08%. As a group, equities research analysts predict that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 14th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.62%. The ex-dividend date was Friday, February 14th. Teradyne’s dividend payout ratio is 14.41%.

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.