ARRIS International plc (ARRS) Reaches $25.77 After 5.00% Up Move; Alkeon Capital Management Has Decreased Teradyne (TER) Holding By $27.20 Million

February 15, 2018 - By Linda Rogers

Alkeon Capital Management Llc decreased Teradyne Inc (TER) stake by 23.56% reported in 2017Q3 SEC filing. Alkeon Capital Management Llc sold 735,000 shares as Teradyne Inc (TER)’s stock rose 19.47%. The Alkeon Capital Management Llc holds 2.39 million shares with $88.94 million value, down from 3.12M last quarter. Teradyne Inc now has $8.32B valuation. The stock decreased 0.73% or $0.31 during the last trading session, reaching $42.4. About 475,878 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.

The stock of ARRIS International plc (NASDAQ:ARRS) is a huge mover today! The stock increased 4.04% or $1 during the last trading session, reaching $25.77. About 914,272 shares traded. ARRIS International plc (NASDAQ:ARRS) has risen 22.70% since February 15, 2017 and is uptrending. It has outperformed by 6.00% the S&P500.The move comes after 5 months positive chart setup for the $4.82 billion company. It was reported on Feb, 15 by Barchart.com. We have $27.06 PT which if reached, will make NASDAQ:ARRS worth $241.00 million more.

Since August 31, 2017, it had 0 insider buys, and 11 sales for $11.01 million activity. Gray Charles Jeffrey also sold $344,763 worth of Teradyne, Inc. (NYSE:TER) shares. The insider BRADLEY MICHAEL A sold 15,248 shares worth $546,756. Another trade for 41,000 shares valued at $1.46M was made by GILLIS EDWIN J on Tuesday, September 5. Smith Gregory Stephen sold $330,763 worth of Teradyne, Inc. (NYSE:TER) on Monday, February 5. 12,045 shares valued at $508,179 were sold by Robbins Brad on Friday, October 27. JAGIELA MARK E sold $1.35M worth of stock. Another trade for 71,300 shares valued at $3.32M was sold by Beecher Gregory R.

Alkeon Capital Management Llc increased Take (NASDAQ:TTWO) stake by 260,000 shares to 2.84M valued at $290.71 million in 2017Q3. It also upped Zayo Group Hldgs Inc (NYSE:ZAYO) stake by 200,000 shares and now owns 1.07M shares. Yum China Hldgs Inc was raised too.

Among 16 analysts covering Teradyne (NYSE:TER), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Teradyne had 45 analyst reports since August 25, 2015 according to SRatingsIntel. As per Thursday, December 17, the company rating was upgraded by Evercore. The company was maintained on Monday, September 21 by Pacific Crest. As per Monday, October 30, the company rating was maintained by Citigroup. The stock of Teradyne, Inc. (NYSE:TER) has “Neutral” rating given on Monday, September 21 by Susquehanna. Citigroup maintained the shares of TER in report on Tuesday, January 30 with “Buy” rating. The rating was upgraded by Evercore to “Outperform” on Tuesday, January 2. KeyBanc Capital Markets maintained the stock with “Buy” rating in Thursday, October 12 report. Needham maintained Teradyne, Inc. (NYSE:TER) on Thursday, January 25 with “Buy” rating. KeyBanc Capital Markets maintained the shares of TER in report on Tuesday, September 5 with “Buy” rating. The firm earned “Outperform” rating on Tuesday, April 4 by Robert W. Baird.

Investors sentiment decreased to 0.96 in Q3 2017. Its down 0.25, from 1.21 in 2017Q2. It turned negative, as 37 investors sold TER 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. Tci Wealth Advisors Inc invested in 167 shares or 0% of the stock. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mngmt holds 0.02% or 45,491 shares in its portfolio. State Treasurer State Of Michigan has 0.02% invested in Teradyne, Inc. (NYSE:TER) for 74,400 shares. Mitsubishi Ufj Tru & Banking reported 639,337 shares stake. 22,129 are owned by Hanseatic Mngmt Ser. Clearbridge Limited Liability Co holds 1.89 million shares or 0.07% of its portfolio. Advent Management De holds 0.01% or 10,000 shares in its portfolio. Hightower Advsrs Ltd Liability Corp holds 0.02% or 64,569 shares in its portfolio. 1.74M are owned by Dimensional Fund L P. First Republic Mngmt holds 105,261 shares or 0.03% of its portfolio. Raymond James & Assoc owns 40,347 shares for 0% of their portfolio. Eagle Asset Mngmt has 0.17% invested in Teradyne, Inc. (NYSE:TER). Commonwealth Equity Services owns 9,714 shares for 0% of their portfolio. Price T Rowe Md accumulated 52,420 shares. Moreover, Capital Fund Management has 0.02% invested in Teradyne, Inc. (NYSE:TER) for 56,849 shares.

Investors sentiment increased to 2 in Q3 2017. Its up 2.00, from 0 in 2017Q2. It increased, as 0 investors sold ARRIS International plc shares while 1 reduced holdings. 2 funds opened positions while 0 raised stakes. 268,129 shares or 8.25% more from 247,686 shares in 2017Q2 were reported. Eqis Cap Inc has invested 0.05% in ARRIS International plc (NASDAQ:ARRS). Vantage Advisors Ltd Liability Co accumulated 2,251 shares. Baxter Bros Inc stated it has 1.4% in ARRIS International plc (NASDAQ:ARRS). Moreover, First Retail Bank Of Omaha has 0.11% invested in ARRIS International plc (NASDAQ:ARRS) for 64,640 shares. Gemmer Asset Mngmt Limited Liability Company invested in 99 shares.

Among 14 analysts covering Arris Group Inc. (NASDAQ:ARRS), 11 have Buy rating, 1 Sell and 2 Hold. Therefore 79% are positive. Arris Group Inc. had 39 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, September 14 by Jefferies. Jefferies maintained ARRIS International plc (NASDAQ:ARRS) rating on Friday, July 29. Jefferies has “Buy” rating and $34 target. Jefferies maintained it with “Buy” rating and $3400 target in Friday, August 11 report. Drexel Hamilton initiated ARRIS International plc (NASDAQ:ARRS) on Friday, July 24 with “Buy” rating. RBC Capital Markets maintained the shares of ARRS in report on Monday, June 5 with “Buy” rating. The rating was maintained by RBC Capital Markets on Monday, October 30 with “Buy”. As per Thursday, February 18, the company rating was maintained by Barclays Capital. The stock has “Hold” rating by Northland Capital on Monday, October 16. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, December 19. The stock of ARRIS International plc (NASDAQ:ARRS) has “Buy” rating given on Thursday, February 23 by Needham.

Analysts await ARRIS International plc (NASDAQ:ARRS) to report earnings on February, 28. They expect $0.71 earnings per share, up 1.43% or $0.01 from last year’s $0.7 per share. ARRS’s profit will be $132.80 million for 9.07 P/E if the $0.71 EPS becomes a reality. After $0.75 actual earnings per share reported by ARRIS International plc for the previous quarter, Wall Street now forecasts -5.33% negative EPS growth.

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