Teradyne (NASDAQ:TER) CEO Gregory Stephen Smith Sells 4,000 Shares of Stock

Teradyne, Inc. (NASDAQ:TER) CEO Gregory Stephen Smith sold 4,000 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $425.00, for a total value of $1,700,000.00. Following the sale, the chief executive officer directly owned 112,495 shares of the company’s stock, valued at approximately $47,810,375. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a filing 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, June 15th, Gregory Stephen Smith sold 4,000 shares of Teradyne stock. The stock was sold at an average price of $423.03, for a total value of $1,692,120.00.

Teradyne Stock Down 8.8%

Shares of NASDAQ TER opened at $404.29 on Wednesday. Teradyne, Inc. has a 12 month low of $106.30 and a 12 month high of $487.91. The company has a market cap of $63.21 billion, a price-to-earnings 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 (NASDAQ:TER) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.09 by $0.38. The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter last year, the business posted $0.57 EPS. As a group, sell-side analysts expect that Teradyne, Inc. will post 9.1 EPS for the current fiscal year.

Trending Headlines about 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

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TER. Zacks Research upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Morgan Stanley raised their price objective on shares of Teradyne from $387.00 to $397.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 30th. Citigroup boosted their target price on shares of Teradyne from $325.00 to $400.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Evercore restated an “outperform” rating and issued a $420.00 target price on shares of Teradyne in a report on Thursday, July 30th. Finally, JPMorgan Chase & Co. raised Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 target price for the company in a research report on Thursday, April 30th. One investment 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 stock. According to data from MarketBeat.com, Teradyne presently has a consensus rating of “Moderate Buy” and a consensus price target of $396.80.

Institutional Trading of Teradyne

A number of hedge funds have recently made changes to their positions in TER. Leeward Financial Partners LLC bought a new position in Teradyne in the 2nd quarter worth $3,735,000. Gouws Capital LLC boosted its holdings in Teradyne by 96.0% during the fourth 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 boosted its holdings in Teradyne by 81.3% during the fourth 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 grew its position in shares of Teradyne by 56.0% in the fourth quarter. Wealthfront Advisers LLC now owns 29,336 shares of the company’s stock valued at $5,678,000 after purchasing an additional 10,526 shares during the last quarter. Finally, Zweig DiMenna Associates LLC grew its position in shares of Teradyne by 10.0% in the fourth quarter. Zweig DiMenna Associates LLC now owns 80,629 shares of the company’s stock valued at $15,607,000 after purchasing an additional 7,300 shares during the last quarter. 99.77% of the stock is owned by hedge funds and other institutional investors.

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.