Franklin Resources Inc. Sells 66,877 Shares of Teradyne, Inc. (NASDAQ:TER)

Franklin Resources Inc. decreased its stake in shares of Teradyne, Inc. ( NASDAQ:TER – Free Report ) by 75.

2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 22,002 shares of the company’s stock after selling 66,877 shares during the period. Franklin Resources Inc.



’s holdings in Teradyne were worth $2,770,000 as of its most recent SEC filing. Several other large investors have also added to or reduced their stakes in TER. Vanguard Group Inc.

lifted its holdings in shares of Teradyne by 0.5% in the fourth quarter. Vanguard Group Inc.

now owns 20,405,899 shares of the company’s stock worth $2,569,511,000 after buying an additional 92,428 shares in the last quarter. Van ECK Associates Corp lifted its stake in Teradyne by 59.9% in the 4th quarter.

Van ECK Associates Corp now owns 4,928,143 shares of the company’s stock worth $620,552,000 after purchasing an additional 1,846,079 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in Teradyne by 16.

2% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,825,897 shares of the company’s stock valued at $355,837,000 after purchasing an additional 393,175 shares during the period.

Allspring Global Investments Holdings LLC grew its position in shares of Teradyne by 7.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 2,390,896 shares of the company’s stock valued at $302,582,000 after purchasing an additional 157,838 shares in the last quarter.

Finally, Norges Bank purchased a new stake in shares of Teradyne in the fourth quarter worth $270,989,000. Institutional investors own 99.77% of the company’s stock.

Analysts Set New Price Targets TER has been the subject of several recent analyst reports. JPMorgan Chase & Co. reduced their target price on Teradyne from $145.

00 to $120.00 and set an “overweight” rating for the company in a research report on Wednesday, March 12th. Susquehanna decreased their price objective on shares of Teradyne from $165.

00 to $155.00 and set a “positive” rating on the stock in a research report on Wednesday, March 12th. TD Cowen dropped their target price on shares of Teradyne from $135.

00 to $110.00 and set a “buy” rating for the company in a research report on Wednesday, March 12th. Robert W.

Baird decreased their price target on shares of Teradyne from $140.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday, March 13th.

Finally, Cantor Fitzgerald lowered their price objective on shares of Teradyne from $150.00 to $110.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 12th.

Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Teradyne presently has an average rating of “Moderate Buy” and a consensus price target of $121.44.

Insider Activity at Teradyne In other Teradyne news, CFO Sanjay Mehta sold 1,789 shares of the stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total value of $215,592.

39. Following the completion of the transaction, the chief financial officer now owns 33,308 shares in the company, valued at approximately $4,013,947.08.

This represents a 5.10 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link .

Also, insider Richard John Burns sold 407 shares of the business’s stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $120.51, for a total transaction of $49,047.

57. Following the sale, the insider now directly owns 20,764 shares in the company, valued at $2,502,269.64.

The trade was 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 worth $612,734 over the last quarter. Corporate insiders own 0.36% of the company’s stock.

Teradyne Price Performance Shares of Teradyne stock opened at $73.65 on Friday. The stock has a market capitalization of $11.

85 billion, a P/E ratio of 22.12, a price-to-earnings-growth ratio of 2.83 and a beta of 1.

65. Teradyne, Inc. has a one year low of $65.

77 and a one year high of $163.21. The business’s 50 day simple moving average is $96.

33 and its two-hundred day simple moving average is $112.97. Teradyne ( NASDAQ:TER – Get Free Report ) last issued its quarterly earnings data on Wednesday, January 29th.

The company reported $0.95 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%. Sell-side analysts expect that Teradyne, Inc. will post 3.

88 earnings per share for the current fiscal year. Teradyne Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 14th were paid a $0.

12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.

65%. The ex-dividend date of this dividend was Friday, February 14th. Teradyne’s payout ratio is 14.

41%. Teradyne Profile ( Free Report ) 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. Featured Articles Five stocks we like better than Teradyne Best ESG Stocks: 11 Best Stocks for ESG Investing Robinhood Strategies Could Be a Game-Changer for Young Investors There Are Different Types of Stock To Invest In Are These 3 Retail Stocks Oversold or Really in Trouble? How to trade using analyst ratings IONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead Want to see what other hedge funds are holding TER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradyne, Inc.

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