IFC Holdings Incorporated FL cut its position in Teradyne, Inc. (NYSE:TER) by 0.6% during the second quarter, Holdings Channel reports. The fund owned 53,670 shares of the semiconductor company’s stock after selling 311 shares during the period. IFC Holdings Incorporated FL’s holdings in Teradyne were worth $1,608,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TER. World Asset Management Inc boosted its position in Teradyne by 0.7% in the first quarter. World Asset Management Inc now owns 12,414 shares of the semiconductor company’s stock worth $386,000 after buying an additional 82 shares during the last quarter. Utah Retirement Systems boosted its position in Teradyne by 0.3% in the first quarter. Utah Retirement Systems now owns 36,957 shares of the semiconductor company’s stock worth $1,149,000 after buying an additional 100 shares during the last quarter. Quadrant Capital Group LLC boosted its position in Teradyne by 3.0% in the first quarter. Quadrant Capital Group LLC now owns 3,477 shares of the semiconductor company’s stock worth $106,000 after buying an additional 101 shares during the last quarter. IFP Advisors Inc boosted its position in Teradyne by 4.6% in the second quarter. IFP Advisors Inc now owns 4,806 shares of the semiconductor company’s stock worth $144,000 after buying an additional 211 shares during the last quarter. Finally, Arizona State Retirement System boosted its position in Teradyne by 0.4% in the first quarter. Arizona State Retirement System now owns 83,300 shares of the semiconductor company’s stock worth $2,591,000 after buying an additional 348 shares during the last quarter. 93.72% of the stock is owned by institutional investors.

Teradyne, Inc. (TER) opened at 33.48 on Friday. Teradyne, Inc. has a one year low of $20.07 and a one year high of $36.86. The firm’s 50 day moving average price is $33.22 and its 200-day moving average price is $32.16. The firm has a market cap of $6.65 billion, a PE ratio of 17.28 and a beta of 0.95.

Teradyne (NYSE:TER) last announced its quarterly earnings data on Wednesday, July 26th. The semiconductor company reported $0.90 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.04. Teradyne had a return on equity of 21.25% and a net margin of 20.08%. The company had revenue of $697 million for the quarter, compared to analyst estimates of $683.66 million. During the same quarter in the previous year, the company earned $0.55 EPS. The firm’s revenue for the quarter was up 31.1% compared to the same quarter last year. Equities analysts predict that Teradyne, Inc. will post $1.97 EPS for the current fiscal year.

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A number of equities analysts recently weighed in on the company. ValuEngine raised Teradyne from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. BidaskClub cut Teradyne from a “buy” rating to a “hold” rating in a report on Thursday, June 22nd. Stifel Nicolaus reaffirmed a “buy” rating on shares of Teradyne in a report on Thursday, July 27th. Zacks Investment Research raised Teradyne from a “hold” rating to a “buy” rating and set a $36.00 price target for the company in a report on Wednesday, June 28th. Finally, Deutsche Bank AG upped their price target on Teradyne from $30.00 to $34.00 and gave the stock a “buy” rating in a report on Monday, April 24th. Three equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $35.70.

In other news, Director Michael A. Bradley sold 9,235 shares of Teradyne stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $35.32, for a total transaction of $326,180.20. Following the completion of the sale, the director now directly owns 195,405 shares in the company, valued at approximately $6,901,704.60. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Mercedes Johnson sold 8,000 shares of Teradyne stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $35.07, for a total transaction of $280,560.00. Following the sale, the director now owns 14,773 shares of the company’s stock, valued at $518,089.11. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 63,127 shares of company stock valued at $2,190,650. Insiders own 0.62% of the company’s stock.

About Teradyne

Teradyne, Inc supplies automation equipment for test and industrial applications. The Company designs, develops, manufactures and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, communications, and aerospace and defense industries.

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Institutional Ownership by Quarter for Teradyne (NYSE:TER)

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