Perigon Wealth Management LLC Acquires Shares of 2,820 Teradyne, Inc. $TER

Perigon Wealth Management LLC bought a new stake in Teradyne, Inc. (NASDAQ:TER) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,820 shares of the company’s stock, valued at approximately $1,365,000.

Other institutional investors have also recently made changes to their positions in the company. Andar Capital Management HK Ltd purchased a new position in shares of Teradyne during the 2nd quarter worth about $37,800,000. Norges Bank purchased a new stake in Teradyne in the 4th quarter worth about $398,777,000. Wellington Management Group LLP lifted its stake in 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 purchasing an additional 2,022,389 shares during the last quarter. Aspex Management HK Ltd bought a new stake in Teradyne in the fourth quarter worth about $199,723,000. Finally, Corient Private Wealth LLC boosted its position in shares of Teradyne by 2,189.2% during the fourth quarter. Corient Private Wealth LLC now owns 1,075,916 shares of the company’s stock valued at $208,254,000 after buying an additional 1,028,916 shares during the period. Institutional investors own 99.77% of the company’s stock.

Teradyne Stock Down 8.8%

Shares of NASDAQ:TER opened at $404.29 on Wednesday. The business’s 50 day moving average is $386.33 and its 200 day moving average is $351.73. The stock has a market cap of $63.21 billion, a P/E ratio of 55.46, a price-to-earnings-growth ratio of 0.85 and a beta of 1.78. Teradyne, Inc. has a 52-week low of $106.30 and a 52-week high of $487.91.

Teradyne (NASDAQ:TER) last issued 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. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the company posted $0.57 EPS. Teradyne’s revenue was up 103.9% on a year-over-year basis. On average, sell-side analysts anticipate that Teradyne, Inc. will post 9.1 EPS for the current fiscal year.

Teradyne News Summary

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 at Teradyne

In related news, insider Shannon John Poulin sold 1,008 shares of Teradyne stock in a transaction dated Thursday, May 21st. The stock was 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 $5,203,344.42. The trade was a 6.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available 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 the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $425.00, for a total transaction of $1,700,000.00. Following the completion of the sale, the chief executive officer directly owned 112,495 shares of the company’s stock, valued at approximately $47,810,375. This trade represents a 3.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 9,664 shares of company stock worth $3,973,133. Insiders own 0.19% of the company’s stock.

Analyst Upgrades and Downgrades

TER has been the topic of a number of analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and set a $465.00 target price on shares of Teradyne in a research note on Tuesday, July 28th. Evercore restated an “outperform” rating and set a $420.00 price objective on shares of Teradyne in a report on Thursday, July 30th. Zacks Research raised Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Weiss Ratings upgraded Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 6th. Finally, JPMorgan Chase & Co. upgraded 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 assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $396.80.

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.