Teradyne, Inc. (NYSE:TER) Shares Purchased by Meeder Asset Management Inc.

Meeder Asset Management Inc. lifted its holdings in Teradyne, Inc. (NYSE:TER) by 93.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 45,144 shares of the semiconductor company’s stock after acquiring an additional 21,819 shares during the quarter. Meeder Asset Management Inc.’s holdings in Teradyne were worth $2,163,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in TER. Wedge Capital Management L L P NC acquired a new stake in Teradyne during the second quarter valued at $44,265,000. Kayne Anderson Rudnick Investment Management LLC grew its position in Teradyne by 21.4% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,386,857 shares of the semiconductor company’s stock valued at $95,092,000 after buying an additional 420,544 shares during the period. Pictet Asset Management Ltd. grew its position in Teradyne by 12.6% during the first quarter. Pictet Asset Management Ltd. now owns 3,591,946 shares of the semiconductor company’s stock valued at $143,103,000 after buying an additional 401,919 shares during the period. First Trust Advisors LP grew its position in Teradyne by 150.8% during the first quarter. First Trust Advisors LP now owns 644,658 shares of the semiconductor company’s stock valued at $25,683,000 after buying an additional 387,568 shares during the period. Finally, FIL Ltd grew its position in Teradyne by 25.4% during the first quarter. FIL Ltd now owns 1,809,007 shares of the semiconductor company’s stock valued at $72,071,000 after buying an additional 366,007 shares during the period.

TER traded up $0.43 during midday trading on Tuesday, hitting $53.55. 9,125 shares of the company traded hands, compared to its average volume of 2,382,645. The company has a current ratio of 4.10, a quick ratio of 3.76 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $9.00 billion, a price-to-earnings ratio of 22.85, a PEG ratio of 2.02 and a beta of 1.25. Teradyne, Inc. has a 52-week low of $28.73 and a 52-week high of $58.61. The business has a 50 day simple moving average of $50.52 and a two-hundred day simple moving average of $44.91.

Teradyne (NYSE:TER) last posted its quarterly earnings data on Tuesday, July 23rd. The semiconductor company reported $0.66 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.62 by $0.04. The business had revenue of $564.00 million for the quarter, compared to the consensus estimate of $536.72 million. Teradyne had a net margin of 9.81% and a return on equity of 23.50%. The company’s revenue was up 7.0% compared to the same quarter last year. During the same period last year, the firm posted $0.59 earnings per share. Equities research analysts anticipate that Teradyne, Inc. will post 2.25 earnings per share for the current year.

Several analysts recently commented on the stock. Stifel Nicolaus lowered shares of Teradyne from a “buy” rating to a “hold” rating and raised their price target for the company from $52.00 to $53.00 in a research report on Thursday, July 25th. Zacks Investment Research upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating and set a $55.00 price target on the stock in a research report on Friday, April 26th. DA Davidson raised their price target on shares of Teradyne to $48.00 and gave the company a “neutral” rating in a research report on Thursday, April 25th. Northland Securities restated a “hold” rating on shares of Teradyne in a research report on Monday, July 22nd. Finally, Credit Suisse Group raised their price target on shares of Teradyne from $45.00 to $55.00 and gave the company a “neutral” rating in a research report on Thursday, July 25th. Nine investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $48.00.

In other Teradyne news, VP Charles Jeffrey Gray sold 6,955 shares of the stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $57.14, for a total transaction of $397,408.70. Following the transaction, the vice president now directly owns 28,000 shares of the company’s stock, valued at $1,599,920. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Brad Robbins sold 10,000 shares of the stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $57.10, for a total transaction of $571,000.00. Following the transaction, the insider now directly owns 28,465 shares in the company, valued at $1,625,351.50. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 34,570 shares of company stock worth $1,978,796. Insiders own 0.49% of the company’s stock.

About Teradyne

Teradyne, Inc designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Its Semiconductor Test segment offers semiconductor test products and services for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications.

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Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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