Integrated Advisors Network LLC trimmed its position in Teradyne, Inc. (NASDAQ:TER – Free Report) by 89.9% during the 1st quarter, HoldingsChannel reports. The firm owned 2,513 shares of the company’s stock after selling 22,359 shares during the period. Integrated Advisors Network LLC’s holdings in Teradyne were worth $745,000 as of its most recent filing with the SEC.
A number of other large investors have also made changes to their positions in TER. Caitong International Asset Management Co. Ltd bought a new position in shares of Teradyne in the 4th quarter worth approximately $28,000. SJS Investment Consulting Inc. boosted its holdings in shares of Teradyne by 192.9% in the first quarter. SJS Investment Consulting Inc. now owns 164 shares of the company’s stock worth $49,000 after buying an additional 108 shares during the last quarter. Ascentis Independent Advisors bought a new stake in Teradyne during the first quarter valued at approximately $56,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Teradyne during the fourth quarter valued at approximately $37,000. Finally, True Wealth Design LLC increased its holdings in Teradyne by 49.6% during the fourth quarter. True Wealth Design LLC now owns 211 shares of the company’s stock valued at $41,000 after buying an additional 70 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
TER has been the topic of several recent research reports. Cantor Fitzgerald increased their price target on shares of Teradyne from $400.00 to $550.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. Evercore set a $370.00 price objective on shares of Teradyne in a research report on Thursday, April 30th. Zacks Research upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Robert W. Baird raised their target price on Teradyne from $350.00 to $446.00 and gave the stock an “outperform” rating in a report on Tuesday, June 23rd. Finally, Morgan Stanley set a $387.00 target price on Teradyne in a research report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Teradyne currently has a consensus rating of “Moderate Buy” and an average price target of $390.53.
Insiders Place Their Bets
In other Teradyne news, CEO Gregory Stephen Smith sold 8,597 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $338.98, for a total value of $2,914,211.06. Following the completion of the transaction, the chief executive officer directly owned 124,470 shares in the company, valued at $42,192,840.60. This represents a 6.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 1,008 shares of Teradyne stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $345.37, for a total transaction of $348,132.96. Following the sale, the insider owned 15,066 shares in the company, valued at approximately $5,203,344.42. The trade was a 6.27% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 14,941 shares of company stock worth $5,444,112 in the last three months. 0.19% of the stock is owned by company insiders.
Teradyne Stock Performance
Shares of Teradyne stock opened at $362.75 on Friday. Teradyne, Inc. has a fifty-two week low of $88.60 and a fifty-two week high of $487.91. The company has a market capitalization of $56.78 billion, a P/E ratio of 67.18, a P/E/G ratio of 1.02 and a beta of 1.74. The company has a fifty day moving average of $383.30 and a 200 day moving average of $322.08.
Teradyne (NASDAQ:TER – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $2.56 EPS for the quarter, beating the consensus estimate of $2.11 by $0.45. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.20 billion. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The business’s revenue was up 87.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.75 earnings per share. Analysts forecast that Teradyne, Inc. will post 7.2 EPS for the current year.
Teradyne Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Thursday, May 21st were issued a $0.13 dividend. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $0.52 dividend on an annualized basis and a yield of 0.1%. This is a boost from Teradyne’s previous quarterly dividend of $0.12. Teradyne’s payout ratio is presently 9.63%.
Key Headlines Impacting Teradyne
Here are the key news stories impacting Teradyne this week:
- Positive Sentiment: Zacks says Teradyne is benefiting from strong AI-driven data center growth, record revenue momentum, and new test-solution launches, which could support further upside if demand stays strong. Teradyne Stock Rides on Strong Datacenter Growth: More Upside Ahead?
- Positive Sentiment: Cantor Fitzgerald raised its price target on Teradyne to $550 from $400 and kept an Overweight rating, citing the AI infrastructure buildout as part of a “generational semiconductor cycle.” Cantor Fitzgerald Increases its Price Target on Teradyne, Inc. (TER)
- Positive Sentiment: Coverage highlighting Teradyne as a top momentum stock and its shift into growth-oriented index categories reinforces the view that investors are increasingly treating TER as an AI and industrial automation play. Why Teradyne (TER) is a Top Momentum Stock for the Long-Term
- Neutral Sentiment: Recent articles note Teradyne’s shares have been volatile, with sharp swings even as the longer-term trend remains positive, suggesting sentiment is being driven by momentum rather than fundamentals alone. Can Teradyne (TER) Justify Its Price After AI Test And Robotics Optimism?
- Negative Sentiment: One analysis warns that competition is intensifying, which could pressure how much of the AI-related upside Teradyne can capture if rivals ramp up aggressively. Teradyne Stock Rides on Strong Datacenter Growth: More Upside Ahead?
Teradyne Profile
Teradyne, Inc is a global supplier of automatic test equipment and related services principally used to test semiconductors, wireless products and complex electronic systems. Founded in 1960, the company is headquartered in North Reading, Massachusetts, and has a long history of developing capital equipment and software that help semiconductor manufacturers, electronics OEMs and contract manufacturers validate product performance and reliability during design and production.
The company’s product portfolio centers on automatic test equipment (ATE) and system-level test solutions that address chip- and board-level validation, burn-in and reliability screening.
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