Teradyne, Inc. (NASDAQ:TER) Receives Average Recommendation of “Hold” from Brokerages
From MarketBeat:
Shares of Teradyne, Inc. (NASDAQ:TER) are currently rated as “hold” by nine brokerages. Two have rated it a sell, three hold, and four have recommended buying. The average twelve-month target price for the stock is $108.67. The company’s share price is currently sitting at $111.24 on NASDAQ.
Regarding insider trading activity, Brad Robbins sold 1,485 shares of Teradyne stock on December 15th at an average price of $104.18. Following the sale, Robbins owns 51,579 shares of the company’s stock, still valued at $5,373,500.22.
Most recently, Cornerstone Planning Group LLC, Annis Gardner Whiting Capital Advisors LLC, and other hedge funds have made moves in Teradyne. Institutional investors and hedge funds currently own 99.77% of the stock.
Shares of Teradyne are currently trading at $111.24, a 1.0% increase. The company reported earnings of $0.80 per share in the last quarter, beating analysts’ estimates by $0.08.
Teradyne also recently declared a quarterly dividend of $0.11 per share, giving investors a 0.40% annualized yield.
Finally, Teradyne, Inc. designs, develops, manufactures, and sells automatic test equipment worldwide, catering to several segments like semiconductor testing and wireless testing.
Read more: Teradyne, Inc. (NASDAQ:TER) Receives Average Recommendation of “Hold” from Brokerages