Is Teradyne, Inc.’s Fuel For Real? The Stock Was Bought By Option Traders

 Is Teradyne, Inc.'s Fuel For Real? The Stock Was Bought By Option Traders

In today’s session Teradyne, Inc. (TER) registered an unusually high (2,782) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious TER increase. With 2,782 contracts traded and 51144 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: TER170120C00024000 closed last at: $0.75 or 0% . About 308,162 shares traded hands. Teradyne, Inc. (NYSE:TER) has risen 5.61% since April 1, 2016 and is uptrending. It has outperformed by 4.40% the S&P500.

Teradyne, Inc. (NYSE:TER) Ratings Coverage

Out of 12 analysts covering Teradyne (NYSE:TER), 5 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 42% are positive. $27 is the highest target while $19 is the lowest. The $23.33 average target is 1.43% above today’s ($23) stock price. Teradyne has been the topic of 18 analyst reports since August 25, 2015 according to StockzIntelligence Inc. Craig Hallum downgraded Teradyne, Inc. (NYSE:TER) on Friday, July 29 to “Hold” rating. The stock of Teradyne, Inc. (NYSE:TER) has “Market Perform” rating given on Friday, October 28 by BMO Capital Markets. Stifel Nicolaus downgraded the shares of TER in a report on Thursday, July 21 to “Hold” rating. Evercore upgraded the stock to “Buy” rating in Thursday, December 17 report. The stock of Teradyne, Inc. (NYSE:TER) has “Hold” rating given on Tuesday, August 25 by Craig Hallum. On Tuesday, August 25 the stock rating was upgraded by Credit Suisse to “Neutral”. The company was maintained on Friday, October 28 by Cowen & Co. The rating was downgraded by Goldman Sachs on Wednesday, February 3 to “Neutral”. Citigroup upgraded the shares of TER in a report on Tuesday, September 15 to “Buy” rating. The firm earned “Sector Weight” rating on Thursday, October 29 by Pacific Crest.

According to Zacks Investment Research, “Teradyne, Inc. is a manufacturer of automatic test equipment and related software for the electronics and communications industries. Products include systems to test semiconductors, circuit-boards, telephone lines and networks, and software. The company is also a manufacturer of backplanes and associated connectors used in electronic systems.”

Insitutional Activity: The institutional sentiment decreased to 1.1 in Q2 2016. Its down 0.15, from 1.25 in 2016Q1. The ratio is negative, as 28 funds sold all Teradyne, Inc. shares owned while 102 reduced positions. 42 funds bought stakes while 101 increased positions. They now own 181.79 million shares or 5.59% less from 192.56 million shares in 2016Q1.
Nordea Investment Management holds 149,543 shares or 0.01% of its portfolio. Tower Limited Liability Com (Trc) has 5,283 shares for 0.01% of their US portfolio. Moreover, Clearbridge Invs Llc has 0.07% invested in Teradyne, Inc. (NYSE:TER) for 2.86 million shares. Ajo Lp has 0.04% invested in the company for 513,558 shares. Interest Inc owns 393,631 shares or 0% of their US portfolio. New York State Teachers Retirement System accumulated 0.02% or 386,556 shares. Blackrock Advsrs Lc holds 0.02% of its portfolio in Teradyne, Inc. (NYSE:TER) for 1.11 million shares. Peak6 Lp last reported 1,031 shares in the company. Van Eck Associates, a New York-based fund reported 168,118 shares. Joel Isaacson Lc last reported 0% of its portfolio in the stock. Prudential Public Ltd Liability Company last reported 871,600 shares in the company. United Cap Advisers Limited Company has 14,335 shares for 0% of their US portfolio. Md Sass Serv has 242,675 shares for 0.23% of their US portfolio. Invesco Limited has invested 0.02% of its portfolio in Teradyne, Inc. (NYSE:TER). Hillsdale owns 19,110 shares or 0.11% of their US portfolio.

Insider Transactions: Since May 10, 2016, the stock had 0 insider buys, and 4 selling transactions for $2.41 million net activity. The insider BRADLEY MICHAEL A sold $320,850. CHRISTMAN DANIEL W sold $69,178 worth of stock or 3,668 shares.

Teradyne, Inc. supplies automation equipment for test and industrial applications. The company has a market cap of $4.65 billion. The Firm designs, develops, makes and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, computing, communications and aerospace and defense industries. It currently has negative earnings.

TER Company Profile

Teradyne, Inc. (Teradyne), incorporated on September 23, 1960, is a supplier of automation equipment for test and industrial applications. The Firm designs, develops, makes and sells automatic test systems used to test semiconductors, wireless products, data storage and complex electronics systems in the consumer electronics, wireless, automotive, industrial, computing, communications and aerospace and defense industries. The Firm operates through four divisions: Semiconductor Test, System Test, Wireless Test and Industrial Automation.

Another recent and important Teradyne, Inc. (NYSE:TER) news was published by Prnewswire.com which published an article titled: “How These Semiconductor Stocks are Faring? — Teradyne, Cree, Ambarella, and …” on November 03, 2016.

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