4,966 Teradyne, Inc. $TER Shares Sold by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC lowered its stake in Teradyne, Inc. (NASDAQ:TER) by 27.6% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 13,048 shares of the company’s stock after selling 4,966 shares during the period. Bouvel Investment Partners LLC’s holdings in Teradyne were worth $5,231,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of TER. BlackRock Inc. acquired a new position in shares of Teradyne in the second quarter valued at approximately $9,404,408,000. State Street Corp boosted its stake in Teradyne by 4.6% in the 2nd quarter. State Street Corp now owns 7,290,460 shares of the company’s stock valued at $3,527,416,000 after purchasing an additional 320,034 shares during the period. Van ECK Associates Corp boosted its stake in Teradyne by 5.0% in the 2nd quarter. Van ECK Associates Corp now owns 2,607,914 shares of the company’s stock valued at $1,261,813,000 after purchasing an additional 123,549 shares during the period. ABS Investment Management LLC bought a new stake in Teradyne in the 2nd quarter valued at $1,006,387,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Teradyne by 0.6% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,978,124 shares of the company’s stock valued at $957,096,000 after buying an additional 12,659 shares in the last quarter. 99.77% of the stock is owned by institutional investors.

Analysts Set New Price Targets

TER has been the topic of several recent research reports. UBS Group increased their price objective on Teradyne from $440.00 to $500.00 and gave the stock a “buy” rating in a research report on Monday, July 20th. Cantor Fitzgerald restated an “overweight” rating and issued a $550.00 price target on shares of Teradyne in a research note on Wednesday, July 29th. Robert W. Baird reaffirmed a “neutral” rating and set a $420.00 price target on shares of Teradyne in a research report on Friday, August 21st. Susquehanna lifted their price objective on shares of Teradyne from $415.00 to $550.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. Finally, Wall Street Zen downgraded shares of Teradyne from a “buy” rating to a “hold” rating in a report on Monday, September 28th. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Teradyne has an average rating of “Moderate Buy” and an average target price of $396.80.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Smith sold 4,000 shares of the stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $337.83, for a total transaction of $1,351,320.00. Following the sale, the chief executive officer directly owned 108,495 shares in the company, valued at $36,652,865.85. This represents a 3.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.19% of the stock is owned by corporate insiders.

Teradyne News Roundup

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Argus raised its price target for Teradyne to $488, signaling increased confidence in the company’s earnings outlook and semiconductor-test exposure. Argus raises target for Teradyne stock to USD 488.00
• Positive Sentiment: Teradyne and FormFactor announced a broad technology collaboration focused on probe, interface and automated-test technologies for AI and high-performance computing. Teradyne is also making a $300 million equity investment in FormFactor, strengthening its position in next-generation semiconductor testing. FormFactor and Teradyne Announce Strategic Collaboration
• Positive Sentiment: The company introduced the UltraFLEXplus S series for edge-AI manufacturing, emphasizing improved floor-space economics for high-mix, variable-volume production. Teradyne also expanded its Titan HP platform, which could help capture rising demand for AI-chip testing and compete more effectively with KLA and Cohu. Teradyne Introduces UltraFLEXplus S Series
• Positive Sentiment: Teradyne also launched the Magnum E2, adding to its semiconductor-test product portfolio and supporting its strategy of benefiting from AI-related testing demand. Teradyne launches Magnum E2
• Neutral Sentiment: Teradyne’s after-hours reference price was reported at €345.70, but the quote itself does not represent a new business or earnings catalyst. Teradyne stock after-hours
• Negative Sentiment: TER fell more sharply than the broader market in the prior session amid a wider selloff in semiconductor-related shares, including Lattice Semiconductor, Amkor, Himax and Kulicke & Soffa. That sector weakness is currently outweighing the positive product and partnership news. Why Teradyne fell more than the broader market

Teradyne Price Performance

Teradyne stock traded down $3.56 during mid-day trading on Tuesday, reaching $380.29. 2,737,156 shares of the company were exchanged, compared to its average volume of 3,532,801. The firm has a market cap of $59.45 billion, a PE ratio of 52.17, a PEG ratio of 0.81 and a beta of 1.75. The company has a fifty day simple moving average of $383.03 and a 200-day simple moving average of $373.01. Teradyne, Inc. has a 12 month low of $135.00 and a 12 month high of $487.91.

Teradyne (NASDAQ:TER) last released its 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. The firm 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%. The company’s revenue was up 103.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.57 EPS. Sell-side analysts anticipate that Teradyne, Inc. will post 9.11 earnings per share for the current year.

Teradyne Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 4th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.52 annualized dividend and a yield of 0.1%. Teradyne’s dividend payout ratio is currently 7.13%.

Teradyne Company Profile

Teradyne, Inc is a global provider of automated test equipment and industrial automation solutions. Founded in 1960 and headquartered in North Reading, Massachusetts, the company develops systems that help manufacturers test the performance, quality, and reliability of electronic products and components.

Teradyne’s products include semiconductor test systems used to evaluate integrated circuits, memory devices, and other semiconductor components. The company also provides test solutions for wireless products, storage systems, and complex electronic systems, along with related software, services, and support.

Through its Industrial Automation segment, Teradyne offers collaborative robots from Universal Robots, autonomous mobile robots from Mobile Industrial Robots, and robotic arms and systems for manufacturing and other industrial applications.