Large Outflow of Money Witnessed in Teradyne, Inc.

Teradyne, Inc. (TER) surged 0.42% during the last session. The last traded price was up 0.12 points at $28.5. The data for the fund flow suggests that the net intraday money flow was $(-1.84) million. The fund value in upticks was recorded to be $2.63 million and in downticks, it was found to be $4.47 million. The up/down ratio for the day was measured to be 0.59. For the week, the shares have seen a percentage change of -0.21%.A block trade of $(-1.63) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0 million and that of downticks was $1.63 million. The block tradeoff had the up/down ratio of 0.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of Teradyne, Inc. rose by 5.18% in the last five trading days and 12.64% for the last 4 weeks. Teradyne, Inc. is up 23.14% in the last 3-month period. Year-to-Date the stock performance stands at 12.64%. Teradyne, Inc. (NYSE:TER) rose 0.81% or 0.23 points on Wednesday and made its way into the gainers of the day. After trading began at $28.6 the stock was seen hitting $28.7 as a peak level and $28.42 as the lowest level. The stock ended up at $28.61. The daily volume was measured at 2,376,717 shares. The 52-week high of the share price is $28.85 and the 52-week low is $17.34. The company has a market cap of $5,757 million.

Company has reported several Insider transactions to the SEC, on Jan 31, 2017, Charles Jeffrey Gray (VP,General Counsel & Secretary) sold 6,400 shares at 27.80 per share price.On Jan 31, 2017, Brad Robbins (President of LitePoint Corp.) sold 1,700 shares at 28.17 per share price.On Nov 9, 2016, Michael A Bradley (director) sold 10,000 shares at 23.47 per share price.

Teradyne Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.32 EPS for the quarter, beating the analyst consensus estimate by $ 0.10. Analyst had a consensus of $0.22. The company had revenue of $380.00 million for the quarter, compared to analysts expectations of $348.01 million. The companys revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Needham on Jan 27, 2017 to Buy, Raises Price Target to $ 32 from a previous price target of $30 .Company shares were Reiterated by Cowen on Jan 26, 2017 to Outperform, Raises Price Target to $ 34 from a previous price target of $27 .Company shares were Reiterated by Cowen on Dec 6, 2016 to Outperform, Raises Price Target to $ 27 from a previous price target of $25 .

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.


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