IQ EQ FUND MANAGEMENT IRELAND Ltd Has $2.41 Million Stock Holdings in Teradyne, Inc. (NASDAQ:TER)

IQ EQ FUND MANAGEMENT IRELAND Ltd grew its stake in shares of Teradyne, Inc. (NASDAQ:TER) by 7.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,995 shares of the company’s stock after purchasing an additional 1,322 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Teradyne were worth $2,410,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC acquired a new stake in Teradyne in the 2nd quarter valued at $27,000. Rothschild Investment LLC bought a new position in shares of Teradyne in the second quarter valued at $33,000. Quarry LP lifted its stake in shares of Teradyne by 256.1% in the second quarter. Quarry LP now owns 235 shares of the company’s stock valued at $35,000 after buying an additional 169 shares in the last quarter. Tortoise Investment Management LLC grew its holdings in shares of Teradyne by 76.1% during the second quarter. Tortoise Investment Management LLC now owns 273 shares of the company’s stock valued at $40,000 after buying an additional 118 shares during the last quarter. Finally, Versant Capital Management Inc increased its position in shares of Teradyne by 3,800.0% during the second quarter. Versant Capital Management Inc now owns 351 shares of the company’s stock worth $52,000 after acquiring an additional 342 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Teradyne

In related news, CFO Sanjay Mehta sold 6,153 shares of the stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $133.06, for a total value of $818,718.18. Following the transaction, the chief financial officer now owns 35,834 shares of the company’s stock, valued at $4,768,072.04. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Richard John Burns sold 789 shares of the company’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $132.80, for a total value of $104,779.20. Following the completion of the sale, the insider now owns 21,864 shares of the company’s stock, valued at approximately $2,903,539.20. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Sanjay Mehta sold 6,153 shares of the stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $133.06, for a total transaction of $818,718.18. Following the transaction, the chief financial officer now directly owns 35,834 shares in the company, valued at approximately $4,768,072.04. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,977 shares of company stock valued at $1,979,834. Insiders own 0.18% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on TER. Citigroup cut their price target on Teradyne from $185.00 to $162.00 and set a “buy” rating for the company in a research note on Friday, July 26th. StockNews.com cut Teradyne from a “hold” rating to a “sell” rating in a research report on Tuesday. KeyCorp increased their price target on Teradyne from $160.00 to $180.00 and gave the company an “overweight” rating in a research report on Friday, July 12th. Stifel Nicolaus lifted their price objective on shares of Teradyne from $100.00 to $150.00 and gave the stock a “hold” rating in a report on Tuesday, July 16th. Finally, Susquehanna increased their target price on shares of Teradyne from $130.00 to $145.00 and gave the company a “positive” rating in a report on Friday, July 26th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $142.57.

Teradyne Trading Down 0.3 %

Teradyne stock opened at $127.00 on Thursday. The firm has a 50 day simple moving average of $130.06 and a 200 day simple moving average of $131.26. Teradyne, Inc. has a 1-year low of $81.07 and a 1-year high of $163.21. The firm has a market capitalization of $20.72 billion, a price-to-earnings ratio of 41.78, a P/E/G ratio of 2.74 and a beta of 1.49.

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

Teradyne Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, September 5th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 0.38%. The ex-dividend date was Thursday, September 5th. Teradyne’s dividend payout ratio (DPR) is currently 15.79%.

About Teradyne

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.