What’s Teradyne Inc (NYSE:TER) Upside After This Short Interest Increase?

July 14, 2018 - By Kristen Paramore

Teradyne, Inc. (NYSE:TER) Logo

Investors sentiment increased to 1.11 in 2018 Q1. Its up 0.16, from 0.95 in 2017Q4. It is positive, as 43 investors sold Teradyne, Inc. shares while 118 reduced holdings. 53 funds opened positions while 125 raised stakes. 181.84 million shares or 2.01% less from 185.57 million shares in 2017Q4 were reported.
Loomis Sayles & L P invested in 0.13% or 1.33M shares. Prelude Management Ltd owns 0% invested in Teradyne, Inc. (NYSE:TER) for 290 shares. Delta Management Ltd stated it has 4,920 shares or 0.15% of all its holdings. Teachers Retirement System Of The State Of Kentucky holds 40,415 shares or 0.02% of its portfolio. Yhb Investment Advisors Inc, a Connecticut-based fund reported 5,620 shares. 75,936 are owned by Penn Cap Management. Fmr Limited Liability invested 0% in Teradyne, Inc. (NYSE:TER). Oregon Public Employees Retirement Fund reported 74,633 shares stake. Manchester Capital Mgmt Limited Co holds 19 shares or 0% of its portfolio. Riverhead Mgmt Lc has 224,963 shares. M&T Financial Bank Corporation accumulated 24,050 shares or 0.01% of the stock. Swiss Fincl Bank holds 0.02% or 341,400 shares in its portfolio. Obermeyer Wood Counsel Lllp has invested 3.35% in Teradyne, Inc. (NYSE:TER). Amundi Pioneer Asset Management Inc owns 127,643 shares or 0.01% of their US portfolio. California Employees Retirement reported 523,024 shares.

Since January 26, 2018, it had 0 insider purchases, and 5 selling transactions for $6.73 million activity. The insider Gray Charles Jeffrey sold 32,238 shares worth $1.49 million. Smith Gregory Stephen sold $330,763 worth of stock or 7,431 shares. $1.35 million worth of Teradyne, Inc. (NYSE:TER) shares were sold by JAGIELA MARK E.

The stock of Teradyne Inc (NYSE:TER) registered an increase of 19.15% in short interest. TER’s total short interest was 14.11 million shares in July as published by FINRA. Its up 19.15% from 11.84 million shares, reported previously. With 6.27M shares average volume, it will take short sellers 2 days to cover their TER’s short positions. The short interest to Teradyne Inc’s float is 7.22%.

The stock decreased 0.43% or $0.17 during the last trading session, reaching $39.58. About 1.66 million shares traded. Teradyne, Inc. (NYSE:TER) has risen 9.59% since July 14, 2017 and is uptrending. It has underperformed by 2.98% the S&P500.

Teradyne, Inc. designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company has market cap of $7.57 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 30.66 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 11 analysts covering Teradyne (NYSE:TER), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Teradyne has $61.0 highest and $39 lowest target. $48.80’s average target is 23.29% above currents $39.58 stock price. Teradyne had 13 analyst reports since January 24, 2018 according to SRatingsIntel. The stock of Teradyne, Inc. (NYSE:TER) has “Buy” rating given on Thursday, January 25 by KeyBanc Capital Markets. Stifel Nicolaus maintained Teradyne, Inc. (NYSE:TER) on Thursday, April 26 with “Buy” rating. The stock of Teradyne, Inc. (NYSE:TER) has “Hold” rating given on Friday, March 2 by Susquehanna. Needham maintained the stock with “Buy” rating in Thursday, January 25 report. Citigroup maintained the shares of TER in report on Tuesday, January 30 with “Buy” rating. Robert W. Baird downgraded Teradyne, Inc. (NYSE:TER) rating on Wednesday, April 25. Robert W. Baird has “Hold” rating and $4000 target. The rating was maintained by Credit Suisse on Thursday, April 26 with “Neutral”. The rating was maintained by Stifel Nicolaus on Wednesday, January 24 with “Buy”. The rating was maintained by Robert W. Baird on Thursday, January 25 with “Buy”. DA Davidson downgraded the shares of TER in report on Wednesday, April 25 to “Hold” rating.

Teradyne, Inc. (NYSE:TER) Institutional Positions Chart

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