Teradyne, Inc. $TER Shares Bought by Generali Investments Management Co LLC

Generali Investments Management Co LLC grew its position in shares of Teradyne, Inc. (NASDAQ:TER) by 525.1% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,769 shares of the company’s stock after buying an additional 2,326 shares during the quarter. Generali Investments Management Co LLC’s holdings in Teradyne were worth $1,340,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Gouws Capital LLC grew its holdings in Teradyne by 96.0% during the fourth quarter. Gouws Capital LLC now owns 15,323 shares of the company’s stock worth $2,966,000 after acquiring an additional 7,505 shares during the period. Merit Financial Group LLC raised its position in Teradyne by 81.3% in the fourth quarter. Merit Financial Group LLC now owns 6,659 shares of the company’s stock worth $1,289,000 after acquiring an additional 2,986 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in Teradyne by 56.0% in the fourth quarter. Wealthfront Advisers LLC now owns 29,336 shares of the company’s stock valued at $5,678,000 after acquiring an additional 10,526 shares during the period. Lecap Asset Management Ltd. lifted its holdings in Teradyne by 88.5% in the fourth quarter. Lecap Asset Management Ltd. now owns 8,392 shares of the company’s stock valued at $1,624,000 after acquiring an additional 3,941 shares during the period. Finally, Brendel Financial Advisors LLC purchased a new stake in shares of Teradyne during the 4th quarter worth $2,614,000. Institutional investors and hedge funds own 99.77% of the company’s stock.

Teradyne Stock Down 3.7%

Shares of NASDAQ:TER opened at $365.10 on Tuesday. The company has a market capitalization of $57.08 billion, a P/E ratio of 50.08, a P/E/G ratio of 0.77 and a beta of 1.78. Teradyne, Inc. has a 52-week low of $104.58 and a 52-week high of $487.91. The stock’s fifty day simple moving average is $383.37 and its 200-day simple moving average is $344.35.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.38. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The firm had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter last year, the business posted $0.57 EPS. The firm’s quarterly revenue was up 103.9% compared to the same quarter last year. On average, sell-side analysts anticipate that Teradyne, Inc. will post 9.1 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TER. Robert W. Baird set a $420.00 price target on shares of Teradyne in a research note on Thursday, July 30th. Bank of America raised their price objective on shares of Teradyne from $365.00 to $525.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Weiss Ratings raised shares of Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday. The Goldman Sachs Group restated a “buy” rating and set a $465.00 target price on shares of Teradyne in a research report on Tuesday, July 28th. Finally, Stifel Nicolaus increased their target price on shares of Teradyne from $325.00 to $390.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Teradyne currently has a consensus rating of “Moderate Buy” and a consensus target price of $396.80.

Insider Activity

In other news, insider Shannon John Poulin sold 656 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $355.00, for a total value of $232,880.00. Following the completion of the transaction, the insider owned 15,722 shares of the company’s stock, valued at $5,581,310. The trade was a 4.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory Stephen Smith sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $423.03, for a total transaction of $1,692,120.00. Following the transaction, the chief executive officer directly owned 120,470 shares in the company, valued at $50,962,424.10. The trade was a 3.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 14,261 shares of company stock worth $5,187,344 over the last ninety days. 0.19% of the stock is owned by corporate insiders.

Teradyne Company Profile

Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.

The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.