Teradyne, Inc. $TER Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. trimmed its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 32.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,034 shares of the company’s stock after selling 4,437 shares during the period. Pacer Advisors Inc.’s holdings in Teradyne were worth $2,678,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Norges Bank acquired a new stake in Teradyne during the 4th quarter valued at $398,777,000. Wellington Management Group LLP raised its holdings in shares of Teradyne by 13,949.4% in the third quarter. Wellington Management Group LLP now owns 2,036,887 shares of the company’s stock worth $280,357,000 after acquiring an additional 2,022,389 shares during the last quarter. Aspex Management HK Ltd acquired a new position in shares of Teradyne in the fourth quarter worth $199,723,000. Corient Private Wealth LLC lifted its position in shares of Teradyne by 2,189.2% in the fourth quarter. Corient Private Wealth LLC now owns 1,075,916 shares of the company’s stock valued at $208,254,000 after acquiring an additional 1,028,916 shares in the last quarter. Finally, Rafferty Asset Management LLC lifted its position in shares of Teradyne by 65.4% in the second quarter. Rafferty Asset Management LLC now owns 2,166,039 shares of the company’s stock valued at $194,770,000 after acquiring an additional 856,540 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Shannon John Poulin sold 1,008 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $345.37, for a total value of $348,132.96. Following the completion of the sale, the insider directly owned 15,066 shares in the company, valued at approximately $5,203,344.42. The trade was a 6.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, 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 transaction of $2,914,211.06. Following the transaction, the chief executive officer directly owned 124,470 shares of the company’s stock, valued at $42,192,840.60. This trade represents a 6.46% 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. Over the last quarter, insiders have sold 14,261 shares of company stock worth $5,187,344. Insiders own 0.19% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on TER shares. Weiss Ratings raised shares of Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday. Citigroup raised 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. Susquehanna lifted their price target on shares of Teradyne from $415.00 to $550.00 and gave the stock a “positive” rating in a report on Tuesday, June 30th. Cantor Fitzgerald reissued an “overweight” rating and issued a $550.00 price objective on shares of Teradyne in a research report on Wednesday, July 29th. Finally, Zacks Research raised shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. 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 company’s stock. According to MarketBeat, Teradyne presently has an average rating of “Moderate Buy” and a consensus price target of $396.80.

Teradyne Trading Down 1.4%

Teradyne stock opened at $379.31 on Friday. The firm has a market capitalization of $59.30 billion, a P/E ratio of 52.03, a PEG ratio of 0.78 and a beta of 1.78. The stock has a fifty day moving average price of $383.46 and a 200 day moving average price of $342.55. Teradyne, Inc. has a 52 week low of $104.58 and a 52 week high of $487.91.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $2.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.09 by $0.38. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period last year, the company earned $0.57 EPS. The firm’s quarterly revenue was up 103.9% on a year-over-year basis. Teradyne has set its Q3 2026 guidance at 1.850-2.150 EPS. As a group, equities analysts predict that Teradyne, Inc. will post 9.1 EPS for the current year.

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.