As Teradyne (TER) Market Value Rose, Shareholder Angelo Gordon & Company LP Has Lowered Position by $7.33 Million; Apple (AAPL) Holder Corda Investment Management Has Cut Its Stake by $637,468

May 24, 2018 - By Nellie Frank

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John M. Angelo decreased its stake in Teradyne Inc (TER) by 75.53% based on its latest 2017Q4 regulatory filing with the SEC. Angelo Gordon & Company Lp sold 178,700 shares as the company’s stock rose 6.94% while stock markets declined. The hedge fund run by John M. Angelo held 57,900 shares of the capital goods company at the end of 2017Q4, valued at $2.42 million, down from 236,600 at the end of the previous reported quarter. Angelo Gordon & Company Lp who had been investing in Teradyne Inc for a number of months, seems to be less bullish one the $7.36 billion market cap company. The stock increased 0.39% or $0.15 during the last trading session, reaching $38.47. About 1.66M shares traded. Teradyne, Inc. (NYSE:TER) has risen 48.33% since May 24, 2017 and is uptrending. It has outperformed by 36.78% the S&P500.

Corda Investment Management Llc decreased its stake in Apple Inc (AAPL) by 12.75% based on its latest 2017Q4 regulatory filing with the SEC. Corda Investment Management Llc sold 3,772 shares as the company’s stock declined 3.81% with the market. The institutional investor held 25,822 shares of the computer manufacturing company at the end of 2017Q4, valued at $4.37M, down from 29,594 at the end of the previous reported quarter. Corda Investment Management Llc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $925.82B market cap company. The stock increased 0.64% or $1.2 during the last trading session, reaching $188.36. About 15.92 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since May 24, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Angelo Gordon & Company Lp, which manages about $30.60 billion and $1.78 billion US Long portfolio, upped its stake in Nxp Semiconductors N V (Call) (NASDAQ:NXPI) by 170,000 shares to 270,000 shares, valued at $31.61M in 2017Q4, according to the filing. It also increased its holding in Monsanto Co New (NYSE:MON) by 175,000 shares in the quarter, for a total of 725,000 shares, and has risen its stake in Nxp Semiconductors N V (NASDAQ:NXPI).

Among 18 analysts covering Teradyne (NYSE:TER), 7 have Buy rating, 0 Sell and 11 Hold. Therefore 39% are positive. Teradyne had 53 analyst reports since August 25, 2015 according to SRatingsIntel. Citigroup upgraded Teradyne, Inc. (NYSE:TER) rating on Tuesday, September 15. Citigroup has “Buy” rating and $24 target. The stock of Teradyne, Inc. (NYSE:TER) earned “Buy” rating by DA Davidson on Friday, July 29. The company was upgraded on Thursday, December 17 by Evercore. The rating was downgraded by DA Davidson on Wednesday, April 25 to “Hold”. The stock of Teradyne, Inc. (NYSE:TER) earned “Buy” rating by Needham on Thursday, January 25. Needham maintained Teradyne, Inc. (NYSE:TER) on Thursday, October 26 with “Buy” rating. Sidoti maintained it with “Buy” rating and $24 target in Wednesday, September 23 report. The firm has “Buy” rating given on Monday, October 30 by Citigroup. KeyBanc Capital Markets maintained the stock with “Buy” rating in Tuesday, September 5 report. Craig Hallum upgraded the shares of TER in report on Tuesday, August 25 to “Hold” rating.

Since January 26, 2018, it had 0 insider purchases, and 5 insider sales for $6.73 million activity. 71,300 shares were sold by Beecher Gregory R, worth $3.32 million on Tuesday, January 30. Gray Charles Jeffrey had sold 5,040 shares worth $238,164 on Friday, January 26. Shares for $330,763 were sold by Smith Gregory Stephen on Monday, February 5.

Analysts await Teradyne, Inc. (NYSE:TER) to report earnings on July, 25. They expect $0.49 EPS, down 45.56% or $0.41 from last year’s $0.9 per share. TER’s profit will be $93.75M for 19.63 P/E if the $0.49 EPS becomes a reality. After $0.45 actual EPS reported by Teradyne, Inc. for the previous quarter, Wall Street now forecasts 8.89% EPS growth.

More news for Teradyne, Inc. (NYSE:TER) were recently published by: Globenewswire.com, which released: “Teradyne Tops VLSIresearch Customer Satisfaction Survey for Sixth Consecutive Year” on May 23, 2018. Seekingalpha.com‘s article titled: “Teradyne Inc. 2018 Q1 – Results – Earnings Call Slides” and published on April 25, 2018 is yet another important article.

Investors sentiment decreased to 0.95 in Q4 2017. Its down 0.01, from 0.96 in 2017Q3. It dropped, as 27 investors sold TER shares while 145 reduced holdings. 63 funds opened positions while 100 raised stakes. 185.57 million shares or 0.01% more from 185.56 million shares in 2017Q3 were reported. Nuveen Asset Ltd Limited Liability Company accumulated 207,300 shares. The Massachusetts-based Liberty Mutual Grp Asset has invested 0.06% in Teradyne, Inc. (NYSE:TER). Profund Advsr Lc owns 65,974 shares or 0.11% of their US portfolio. Caisse De Depot Et Placement Du Quebec holds 0.01% or 150,000 shares. Sei accumulated 0.05% or 368,493 shares. Sumitomo Life Ins stated it has 52,110 shares. The California-based Cetera Advisor Net Limited Liability Company has invested 0.02% in Teradyne, Inc. (NYSE:TER). Teacher Retirement System Of Texas, Texas-based fund reported 67,935 shares. Gilman Hill Asset Mgmt Llc stated it has 14,055 shares or 0.24% of all its holdings. Bankshares Of New York Mellon holds 4.10 million shares or 0.05% of its portfolio. Moreover, Wolverine Asset Mngmt Lc has 0% invested in Teradyne, Inc. (NYSE:TER) for 751 shares. Maverick holds 0.1% or 187,420 shares in its portfolio. Northern Trust owns 1.53 million shares. Morgan Stanley has 696,734 shares for 0.01% of their portfolio. Regions Financial has 0% invested in Teradyne, Inc. (NYSE:TER).

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 37 have Buy rating, 1 Sell and 18 Hold. Therefore 66% are positive. Apple Inc. had 416 analyst reports since July 21, 2015 according to SRatingsIntel. UBS maintained the shares of AAPL in report on Monday, July 31 with “Buy” rating. The rating was maintained by Brean Capital on Wednesday, April 27 with “Buy”. As per Friday, November 3, the company rating was maintained by Bernstein. Loop Capital maintained it with “Buy” rating and $195 target in Wednesday, January 31 report. UBS maintained the stock with “Buy” rating in Monday, October 9 report. The rating was upgraded by Longbow on Wednesday, March 30 to “Outperform”. The stock of Apple Inc. (NASDAQ:AAPL) has “Neutral” rating given on Wednesday, January 6 by Rosenblatt. Global Equities Research maintained the stock with “Buy” rating in Tuesday, August 25 report. The company was maintained on Tuesday, August 25 by Cowen & Co. RBC Capital Markets maintained it with “Buy” rating and $205.0 target in Wednesday, March 21 report.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Thestreet.com which released: “How to Trade Apple Ahead of Alphabet’s Launch of YouTube Music” on May 21, 2018, also Seekingalpha.com with their article: “Apple: Still A Bargain” published on May 23, 2018, Seekingalpha.com published: “Apple’s Dividend: An Opportunity Wasted” on May 15, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Livetradingnews.com and their article: “Apple Inc. (NASDAQ:AAPL) Heffx Stock Technicals” published on May 23, 2018 as well as Bizjournals.com‘s news article titled: “Editor’s Notebook: NC wants Apple and Amazon, but HB2 issues linger” with publication date: May 22, 2018.

Since December 7, 2017, it had 0 insider purchases, and 10 selling transactions for $47.05 million activity. $6.51M worth of Apple Inc. (NASDAQ:AAPL) was sold by LEVINSON ARTHUR D on Wednesday, May 9. On Tuesday, April 3 the insider SCHILLER PHILIP W sold $11.56 million. 15,641 shares were sold by Riccio Daniel J., worth $2.73 million. $2.90M worth of Apple Inc. (NASDAQ:AAPL) was sold by WILLIAMS JEFFREY E. $6.83 million worth of Apple Inc. (NASDAQ:AAPL) was sold by Maestri Luca. KONDO CHRIS sold 4,867 shares worth $910,129.

Corda Investment Management Llc, which manages about $545.28M and $834.28 million US Long portfolio, upped its stake in Verizon Communications Com (NYSE:VZ) by 11,222 shares to 383,210 shares, valued at $20.28 million in 2017Q4, according to the filing. It also increased its holding in Ishares Ibonds Dec 2022 Corporate Etf by 13,545 shares in the quarter, for a total of 508,640 shares, and has risen its stake in Welltower Inc.

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

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