CastleKnight Management LP Grows Stake in Teradyne, Inc. $TER

CastleKnight Management LP increased its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 45.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,800 shares of the company’s stock after purchasing an additional 6,500 shares during the quarter. CastleKnight Management LP’s holdings in Teradyne were worth $4,026,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TER. Integrated Wealth Concepts LLC grew its position in shares of Teradyne by 12.8% during the first quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock worth $342,000 after purchasing an additional 468 shares in the last quarter. Caxton Associates LLP purchased a new stake in shares of Teradyne during the first quarter worth about $297,000. Cresset Asset Management LLC grew its position in shares of Teradyne by 11.6% during the second quarter. Cresset Asset Management LLC now owns 6,759 shares of the company’s stock worth $608,000 after purchasing an additional 702 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Teradyne by 467.1% during the second quarter. NewEdge Advisors LLC now owns 3,408 shares of the company’s stock worth $306,000 after purchasing an additional 2,807 shares in the last quarter. Finally, Treasurer of the State of North Carolina grew its position in shares of Teradyne by 5.1% during the second quarter. Treasurer of the State of North Carolina now owns 75,125 shares of the company’s stock worth $6,755,000 after purchasing an additional 3,651 shares in the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne Price Performance

NASDAQ TER opened at $408.56 on Thursday. The stock has a market capitalization of $63.96 billion, a PE ratio of 75.66, a P/E/G ratio of 1.68 and a beta of 1.79. The business has a 50 day simple moving average of $370.55 and a two-hundred day simple moving average of $297.23. Teradyne, Inc. has a 1-year low of $84.24 and a 1-year high of $440.75.

Teradyne (NASDAQ:TER) last released its quarterly earnings results on Wednesday, April 29th. The company reported $2.56 earnings per share for the quarter, beating the consensus estimate of $2.11 by $0.45. The business had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.20 billion. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The firm’s revenue for the quarter was up 87.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.75 EPS. On average, analysts anticipate that Teradyne, Inc. will post 7.09 EPS for the current fiscal year.

Teradyne Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 21st were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, May 21st. This is a positive change from Teradyne’s previous quarterly dividend of $0.12. Teradyne’s dividend payout ratio is 9.63%.

Teradyne News Roundup

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne is set to join the Nasdaq-100 on June 22, which should increase demand from index funds and raise the stock’s visibility with large institutional investors. The company also landed a $139.9 million U.S. Air Force contract for diagnostic test station kits, adding a meaningful defense revenue stream. Teradyne (TER) Joins The Nasdaq 100 As It Lands A $139.9 Million Air Force Deal
• Positive Sentiment: Teradyne Robotics will showcase “physical AI” automation demos at Automate 2026, reinforcing investor enthusiasm around the company’s robotics growth and AI-driven industrial automation opportunity. Teradyne (TER) to Showcase Physical AI Robotics at Automate 2026

Analyst Ratings Changes

TER has been the subject of several research analyst reports. Morgan Stanley set a $387.00 target price on Teradyne in a research report on Thursday, April 30th. Stifel Nicolaus increased their target price on Teradyne from $325.00 to $390.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Citigroup increased their target price on Teradyne from $325.00 to $400.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. UBS Group raised their price target on Teradyne from $325.00 to $440.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Finally, Weiss Ratings upgraded Teradyne from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $339.80.

Insider Activity

In other news, VP Ryan Driscoll sold 680 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $377.60, for a total value of $256,768.00. Following the completion of the sale, the vice president directly owned 7,665 shares of the company’s stock, valued at $2,894,304. This trade represents a 8.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory Stephen Smith sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $423.03, for a total value of $1,692,120.00. Following the sale, the chief executive officer directly owned 120,470 shares of the company’s stock, valued at $50,962,424.10. This represents a 3.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 14,941 shares of company stock valued at $5,444,112 in the last ninety days. Insiders own 0.19% of the company’s stock.

About Teradyne

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.