Meeder Advisory Services Inc. purchased a new stake in shares of Teradyne, Inc. (NASDAQ:TER – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 5,335 shares of the company’s stock, valued at approximately $2,581,000.
Several other hedge funds and other institutional investors also recently modified their holdings of TER. Leeward Financial Partners LLC bought a new position in shares of Teradyne in the 2nd quarter worth $3,735,000. Gouws Capital LLC lifted its holdings in shares of Teradyne by 96.0% during the 4th quarter. Gouws Capital LLC now owns 15,323 shares of the company’s stock worth $2,966,000 after acquiring an additional 7,505 shares during the last quarter. Merit Financial Group LLC grew its position in Teradyne by 81.3% in the fourth quarter. Merit Financial Group LLC now owns 6,659 shares of the company’s stock worth $1,289,000 after acquiring an additional 2,986 shares in the last quarter. Wealthfront Advisers LLC increased its stake in 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 acquiring an additional 10,526 shares during the last quarter. Finally, Zweig DiMenna Associates LLC raised its position in Teradyne by 10.0% during 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 in the last quarter. Hedge funds and other institutional investors own 99.77% of the company’s stock.
Analyst Ratings Changes
Several brokerages have recently commented on TER. Zacks Research upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Susquehanna increased their price target on shares of Teradyne from $415.00 to $550.00 and gave the company a “positive” rating in a research report on Tuesday, June 30th. Weiss Ratings raised shares of Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 6th. Robert W. Baird set a $420.00 price objective on shares of Teradyne in a research note on Thursday, July 30th. Finally, Citigroup increased their target price on shares of Teradyne from $325.00 to $400.00 and gave the company a “buy” rating in a report on Thursday, April 30th. One 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 data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $396.80.
Teradyne Trading Down 8.8%
TER stock opened at $404.29 on Wednesday. The stock has a market capitalization of $63.21 billion, a price-to-earnings ratio of 55.46, a PEG ratio of 0.85 and a beta of 1.78. The firm’s 50-day moving average price is $386.33 and its two-hundred day moving average price is $351.73. Teradyne, Inc. has a 12-month low of $106.30 and a 12-month high of $487.91.
Teradyne (NASDAQ:TER – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.38. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period last year, the firm earned $0.57 earnings per share. Teradyne’s quarterly revenue was up 103.9% on a year-over-year basis. Equities analysts predict that Teradyne, Inc. will post 9.1 EPS for the current year.
Key Teradyne News
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
Insider Buying and Selling
In other Teradyne news, insider Shannon John Poulin sold 656 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $355.00, for a total value of $232,880.00. Following the completion of the transaction, the insider directly owned 15,722 shares in the company, valued at approximately $5,581,310. This represents a 4.01% decrease in their position. The sale 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 4,000 shares of Teradyne stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $425.00, for a total transaction of $1,700,000.00. Following the sale, the chief executive officer directly owned 112,495 shares in the company, valued at $47,810,375. The trade was a 3.43% 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 sold 9,664 shares of company stock worth $3,973,133. Corporate insiders own 0.19% of the company’s stock.
Teradyne 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.
Featured Stories
- Five stocks we like better than Teradyne
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Want to see what other hedge funds are holding TER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradyne, Inc. (NASDAQ:TER – Free Report).
Receive News & Ratings for Teradyne Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradyne and related companies with MarketBeat.com's FREE daily email newsletter.
