Learn Why Ameriprise Financial Inc Purchased Teradyne, Inc Stake?

February 15, 2018 - By Kurt Siggers

 Learn Why Ameriprise Financial Inc Purchased Teradyne, Inc Stake?

Investors sentiment decreased to 0.96 in Q3 2017. Its down 0.25, from 1.21 in 2017Q2. It worsened, as 37 investors sold Teradyne, Inc. shares while 130 reduced holdings. 61 funds opened positions while 100 raised stakes. 185.56 million shares or 2.84% more from 180.44 million shares in 2017Q2 were reported.

Raymond James Fincl Advsr owns 7,448 shares or 0% of their US portfolio. Dimensional Fund Advsr Limited Partnership accumulated 1.74M shares or 0.03% of the stock. Advisory Net Lc has invested 0.09% in Teradyne, Inc. (NYSE:TER). Invesco reported 2.20M shares. D E Shaw & Communications has 982,270 shares for 0.06% of their portfolio. 153,938 were reported by Kempen Mgmt Nv. Paloma Com stated it has 0.01% in Teradyne, Inc. (NYSE:TER). Rafferty Asset Mgmt Ltd Liability Corporation, New York-based fund reported 105,495 shares. Fisher Asset Ltd owns 303,021 shares. Natl Bank Of Montreal Can holds 0.02% in Teradyne, Inc. (NYSE:TER) or 568,026 shares. First Quadrant Ltd Partnership Ca reported 63 shares. Amalgamated Natl Bank, a New York-based fund reported 39,463 shares. Wellington Grp Limited Liability Partnership owns 0.08% invested in Teradyne, Inc. (NYSE:TER) for 9.02M shares. Boston Partners reported 251,037 shares stake. Schwab Charles Inv Mgmt Incorporated stated it has 0.03% of its portfolio in Teradyne, Inc. (NYSE:TER).

Since August 31, 2017, it had 0 insider buys, and 11 selling transactions for $11.01 million activity. BRADLEY MICHAEL A sold 17,390 shares worth $631,257. GILLIS EDWIN J sold $1.46M worth of stock or 41,000 shares. Smith Gregory Stephen also sold $330,763 worth of Teradyne, Inc. (NYSE:TER) shares. The insider Robbins Brad sold 12,045 shares worth $508,179. $1.35M worth of Teradyne, Inc. (NYSE:TER) was sold by JAGIELA MARK E. $3.32 million worth of Teradyne, Inc. (NYSE:TER) was sold by Beecher Gregory R.

The New Ameriprise Financial Inc Holding in Teradyne, Inc

Ameriprise Financial Inc reported SC 13G/A form with the SEC for Teradyne, Inc. Access it here: 000119312518045320. As reported by Ameriprise Financial Inc, the filler owns 3.33% or 6,534,674 shares of the Information Technology–company.

Teradyne, Inc stake is new for [reportingPerson]. Date of activity: December31, 2017. This shows Ameriprise Financial Inc’s positive view for Teradyne, Inc.

Teradyne, Inc Institutional Sentiment

Filings show 263 investors own Teradyne, Inc. The ownership in Q3 2015 is very high, at Infinity of the outstanding shares. This is increased by 20228965. 178982840 were owned by these investors. 32 funds opened new Teradyne, Inc stakes, 87 increased positions. There were 35 that closed positions and 108 reduced them.

2 investors had the stock in their top 10. Some are: Dalton Greiner Hartman Maher & Co, Waterstone Capital Management L.P., Md Sass Investors Services Inc, Leuthold Group Llc, Winslow Asset Management Inc..

Larry Robbins Glenview Capital Management Llc is an investor bullish on Teradyne, Inc, owning 12874322 shares as of Q3 2015 for 1.15% of its portfolio. Panayotis Takis Sparaggis Alkeon Capital Management Llc owns 3487208 shares or 1.38% of its portfolio. OH Winslow Asset Management Inc have 2.26% of its portfolio for 634939 shares. Further, Lg Capital Management Lp reported stake worth 2.23% of its portfolio. The CA Nwq Investment Management Company Llc owns 7294404 shares. Teradyne, Inc is 2.02% of its portfolio.

Business Profile

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. Its segments include Semiconductor Test, which includes operations related to the design, manufacturing and marketing of semiconductor test products and services; System Test, which includes operations related to the design, manufacturing and marketing of products and services for defense/aerospace instrumentation test, storage test and circuit-board test; Wireless Test, which includes operations related to the design, manufacturing and marketing of wireless test products and services, and Industrial Automation, which includes operations related to the design, manufacturing and marketing of collaborative robots.

SEC Form 13G.

The stock decreased 0.06% or $0.025 during the last trading session, reaching $42.685. About 1.12 million shares traded. Teradyne, Inc. (NYSE:TER) has risen 88.99% since February 15, 2017 and is uptrending. It has outperformed by 72.29% the S&P500.

Teradyne, Inc. designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company has market cap of $8.37 billion. The Company’s Semiconductor Test segment offers semiconductor test services and products for wafer level and device package testing in automotive, industrial, communications, consumer, computer and electronic game, and other applications. It has a 33.35 P/E ratio. This segment offers FLEX test platform systems; Magnum platform that tests memory devices, such as flash memory and dynamic random access memory; J750 test system to address the highest volume semiconductor devices; and ETS platform for use by semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets.

Teradyne, Inc. (NYSE:TER) Ratings Coverage

Among 16 analysts covering Teradyne (NYSE:TER), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Teradyne has $61.0 highest and $19 lowest target. $37.85’s average target is -11.33% below currents $42.685 stock price. Teradyne had 45 analyst reports since August 25, 2015 according to SRatingsIntel. The rating was maintained by Credit Suisse with “Neutral” on Friday, October 27. The stock has “Outperform” rating by Cowen & Co on Thursday, January 26. Robert W. Baird initiated Teradyne, Inc. (NYSE:TER) on Tuesday, April 4 with “Outperform” rating. Cowen & Co maintained Teradyne, Inc. (NYSE:TER) on Tuesday, December 6 with “Outperform” rating. Robert W. Baird maintained the shares of TER in report on Thursday, January 25 with “Buy” rating. The stock of Teradyne, Inc. (NYSE:TER) earned “Buy” rating by Needham on Friday, April 28. The company was maintained on Friday, October 6 by Robert W. Baird. The stock of Teradyne, Inc. (NYSE:TER) has “Neutral” rating given on Wednesday, February 3 by Goldman Sachs. The rating was upgraded by Craig Hallum on Tuesday, August 25 to “Hold”. Cowen & Co maintained Teradyne, Inc. (NYSE:TER) on Friday, October 28 with “Outperform” rating.

More recent Teradyne, Inc. (NYSE:TER) news were published by: Zacks.com which released: “Teradyne, Inc. (TER) Jumps: Stock Rises 6.5% January 29, 2018” on January 18, 2018. Also Nasdaq.com published the news titled: “Teradyne, Inc. (TER) Jumps: Stock Rises 6.5%” on January 18, 2018. Seekingalpha.com‘s news article titled: “Teradyne -6% despite Q4 beats, in-line guidance” with publication date: January 24, 2018 was also an interesting one.

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