Teradyne (NASDAQ:TER) CEO Sells 4,000 Shares

Teradyne, Inc. (NASDAQ:TER) CEO Gregory Smith sold 4,000 shares of the stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $337.83, for a total transaction of $1,351,320.00. Following the transaction, the chief executive officer owned 108,495 shares in the company, valued at approximately $36,652,865.85. The trade was a 3.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Gregory Stephen Smith also recently made the following trade(s):

• On Monday, August 17th, Gregory Smith sold 4,000 shares of Teradyne stock. The shares were sold at an average price of $425.00, for a total transaction of $1,700,000.00.

Teradyne Price Performance

TER stock traded up $12.96 on Wednesday, hitting $345.81. 724,460 shares of the company were exchanged, compared to its average volume of 3,644,105. Teradyne, Inc. has a twelve month low of $112.81 and a twelve month high of $487.91. The business’s fifty day moving average is $364.38 and its two-hundred day moving average is $360.27. The stock has a market capitalization of $54.06 billion, a price-to-earnings ratio of 47.46, a price-to-earnings-growth ratio of 0.67 and a beta of 1.78.

Teradyne (NASDAQ:TER) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $2.47 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.38. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the business earned $0.57 EPS. Teradyne’s revenue for the quarter was up 103.9% on a year-over-year basis. Equities research analysts expect that Teradyne, Inc. will post 9.1 earnings per share for the current year.

Teradyne Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be issued a $0.13 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.52 dividend on an annualized basis and a yield of 0.2%. Teradyne’s dividend payout ratio (DPR) is presently 7.13%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Morgan Stanley lifted their price objective on Teradyne from $387.00 to $397.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. Robert W. Baird restated a “neutral” rating and issued a $420.00 price target on shares of Teradyne in a report on Friday, August 21st. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $550.00 price target on shares of Teradyne in a research report on Wednesday, July 29th. UBS Group boosted their price objective on shares of Teradyne from $440.00 to $500.00 and gave the stock a “buy” rating in a research note on Monday, July 20th. Finally, Bank of America increased their price objective on shares of Teradyne from $365.00 to $525.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Teradyne presently has an average rating of “Moderate Buy” and a consensus price target of $396.80.

Institutional Investors Weigh In On Teradyne

Several hedge funds have recently modified their holdings of TER. Community Financial Services Group LLC purchased a new position in Teradyne in the 2nd quarter worth approximately $29,000. McIlrath & Eck LLC purchased a new stake in shares of Teradyne during the first quarter valued at approximately $30,000. Elevation Wealth Partners LLC lifted its position in shares of Teradyne by 1,320.0% during the second quarter. Elevation Wealth Partners LLC now owns 71 shares of the company’s stock worth $34,000 after purchasing an additional 66 shares in the last quarter. Mcdonald Partners LLC purchased a new position in shares of Teradyne in the second quarter valued at $36,000. Finally, University of Texas Texas AM Investment Management Co. purchased a new position in shares of Teradyne in the fourth quarter valued at $41,000. 99.77% of the stock is currently owned by hedge funds and other institutional investors.

Key Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: India expansion supports long-term growth: Teradyne opened its first dedicated office in Bengaluru to support semiconductor-manufacturing customers as India develops domestic chip fabrication, packaging and testing capabilities. The initiative could strengthen customer relationships and position Teradyne to benefit from India’s growing semiconductor ecosystem, although no near-term financial targets were announced. Teradyne Opens Office in India, Deepening Commitment to the Country’s Growing Semiconductor Ecosystem
• Positive Sentiment: AI and robotics exposure remains a bullish theme: Coverage continues to identify Teradyne as a leading robotics stock, alongside companies such as Nvidia. Its Universal Robots unit also unveiled Gen 7, an AI-ready industrial-automation platform, potentially reinforcing Teradyne’s position in collaborative robotics and physical AI. Top Robotics Stocks to Add to Your Portfolio for Impressive Returns
• Neutral Sentiment: Investors are debating valuation: Teradyne’s semiconductor-testing business is benefiting from AI data-center demand, and one analysis argues that future AI-chip testing opportunities could justify the premium. However, the stock remains valued at a high earnings multiple after gaining substantially over the past year, leaving limited room for execution disappointments. Teradyne Looks Expensive Until You Price the AI Chips It Has Not Tested Yet
• Negative Sentiment: Profit-taking and valuation risk remain headwinds: Teradyne recently fell sharply after a four-session advance, while separate analysis questioned whether its elevated valuation already discounts much of the expected growth. Further gains may depend on sustained AI-related testing demand and delivery against high investor expectations. Teradyne slides 13% after four-session run ends

Teradyne Company Profile

Teradyne, Inc (NASDAQ: TER) develops and supplies automated test equipment and industrial automation solutions. Its testing products are used by semiconductor, electronics, wireless, storage and other manufacturers to evaluate the performance and quality of components, devices and systems during production.

The company’s semiconductor test business provides systems for testing logic, memory, analog and mixed-signal devices, along with related handlers and software. Teradyne also offers system and product test solutions for electronic equipment and wireless devices.