Meeder Asset Management Inc. acquired a new position in Teradyne, Inc. (NASDAQ:TER – Free Report) in the second quarter, HoldingsChannel reports. The institutional investor acquired 2,822 shares of the company’s stock, valued at approximately $1,365,000.
Several other institutional investors have also recently added to or reduced their stakes in the business. Leeward Financial Partners LLC bought a new position in Teradyne in the 2nd quarter worth about $3,735,000. Gouws Capital LLC increased its position in Teradyne by 96.0% in the 4th quarter. Gouws Capital LLC now owns 15,323 shares of the company’s stock valued at $2,966,000 after acquiring an additional 7,505 shares during the period. Merit Financial Group LLC increased its position in Teradyne by 81.3% in the 4th quarter. Merit Financial Group LLC now owns 6,659 shares of the company’s stock valued at $1,289,000 after acquiring an additional 2,986 shares during the period. Wealthfront Advisers LLC raised its stake in Teradyne by 56.0% during the 4th quarter. Wealthfront Advisers LLC now owns 29,336 shares of the company’s stock valued at $5,678,000 after acquiring an additional 10,526 shares in the last quarter. Finally, Zweig DiMenna Associates LLC boosted its position in Teradyne by 10.0% during the 4th quarter. Zweig DiMenna Associates LLC now owns 80,629 shares of the company’s stock worth $15,607,000 after acquiring an additional 7,300 shares during the period. Institutional investors own 99.77% of the company’s stock.
Wall Street Analyst Weigh In
TER has been the topic of a number of research analyst reports. Zacks Research raised Teradyne from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Susquehanna raised their target price on shares of Teradyne from $415.00 to $550.00 and gave the company a “positive” rating in a research note on Tuesday, June 30th. Citigroup upped their price target on shares of Teradyne from $325.00 to $400.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Stifel Nicolaus increased their price objective on shares of Teradyne from $325.00 to $390.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Finally, Bank of America increased their price target on Teradyne from $365.00 to $525.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $396.80.
Insider Buying and Selling
In related news, CEO Gregory Stephen Smith sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $425.00, for a total value of $1,700,000.00. Following the completion of the sale, the chief executive officer owned 112,495 shares in the company, valued at approximately $47,810,375. This represents a 3.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 656 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $355.00, for a total transaction of $232,880.00. Following the completion of the transaction, the insider directly owned 15,722 shares of the company’s stock, valued at $5,581,310. This represents a 4.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 have sold 9,664 shares of company stock worth $3,973,133 in the last 90 days. 0.19% of the stock is owned by company insiders.
Teradyne Stock Down 8.8%
TER opened at $404.29 on Wednesday. The firm has a market cap of $63.21 billion, a PE ratio of 55.46, a P/E/G ratio of 0.85 and a beta of 1.78. The business has a fifty day simple moving average of $386.33 and a 200-day simple moving average of $351.73. Teradyne, Inc. has a fifty-two week low of $106.30 and a fifty-two week high of $487.91.
Teradyne (NASDAQ:TER – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, beating the consensus estimate of $2.09 by $0.38. The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.22 billion. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.Teradyne’s revenue was up 103.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.57 earnings per share. On average, equities research analysts anticipate that Teradyne, Inc. will post 9.1 EPS for the current fiscal year.
Key Headlines Impacting Teradyne
Here are the key news stories impacting Teradyne this week:
- Positive Sentiment: Teradyne benefited from renewed enthusiasm for AI spending after Bloomberg reported that Anthropic’s second-quarter revenue increased more than 14-fold. The report reinforced expectations that rapid growth in AI workloads could support demand for semiconductor test equipment and related automation. Amkor and Teradyne Shares Are Soaring, What You Need To Know
- Positive Sentiment: A Zacks comparison gave Teradyne an edge over Vertiv as an AI infrastructure investment, citing stronger earnings growth and a history of earnings surprises. That view supports the stock’s fundamental and long-term growth narrative. Vertiv vs. Teradyne: Which AI Infrastructure Stock Is the Better Buy?
- Neutral Sentiment: CEO Gregory Stephen Smith sold 4,000 shares for $1.7 million under a pre-arranged Rule 10b5-1 trading plan. Although insider selling can concern investors, the planned nature of the transaction reduces its signal, and Smith still owned 112,495 shares afterward. Teradyne CEO Insider Transaction
- Negative Sentiment: The immediate weakness is primarily macro-driven: the 30-year U.S. Treasury yield reached a 19-year high, while oil remained elevated after U.S.–Iran negotiations failed to produce a breakthrough. Higher yields can pressure richly valued growth stocks such as Teradyne. Amkor, Teradyne, and Kulicke and Soffa Shares Are Falling
- Negative Sentiment: Teradyne’s status as an AI infrastructure heavyweight amplified the market-wide selling, placing it among the S&P 500’s three biggest decliners. The move reflects valuation and sector-risk concerns more than a new deterioration in the company’s operating results. Coherent, Teradyne, and Ciena Are the S&P 500’s 3 Biggest Decliners
Teradyne Company 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.
Read More
- Five stocks we like better than Teradyne
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Want to see what other hedge funds are holding TER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradyne, Inc. (NASDAQ:TER – Free Report).
Receive News & Ratings for Teradyne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradyne and related companies with MarketBeat.com's FREE daily email newsletter.
