4,990 Teradyne, Inc. $TER Shares Acquired by IPG Investment Advisors LLC

Key Points

• IPG Investment Advisors increased its Teradyne stake by 924.1% in the third quarter, buying 4,990 shares to hold 5,530 shares valued at $2.22 million. Institutional investors collectively own 99.77% of the company.
• Teradyne reported quarterly earnings of $2.29 per share, beating the $2.09 consensus, while revenue of $1.31 billion exceeded estimates and rose 69.8% year over year.
• Analyst sentiment is moderately bullish, with a consensus price target of $405.86, though the article notes a steep recent share-price decline and volatility.

IPG Investment Advisors LLC lifted its position in Teradyne, Inc. (NASDAQ:TER - Free Report) by 924.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,530 shares of the company's stock after buying an additional 4,990 shares during the period. IPG Investment Advisors LLC's holdings in Teradyne were worth $2,217,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Next Level Wealth Planning LLC bought a new stake in shares of Teradyne during the 3rd quarter valued at $27,000. Signature Equity Partners LLC increased its stake in shares of Teradyne by 97.7% in the 3rd quarter. Signature Equity Partners LLC now owns 87 shares of the company's stock worth $35,000 after purchasing an additional 43 shares in the last quarter. Summit Wealth Group LLC Co. bought a new position in Teradyne in the 3rd quarter worth $241,000. Welch Group LLC raised its holdings in Teradyne by 17.8% in the 3rd quarter. Welch Group LLC now owns 1,217 shares of the company's stock worth $488,000 after purchasing an additional 184 shares during the period. Finally, Traynor Capital Management Inc. lifted its position in Teradyne by 44.1% during the third quarter. Traynor Capital Management Inc. now owns 621 shares of the company's stock valued at $249,000 after purchasing an additional 190 shares in the last quarter. Institutional investors own 99.77% of the company's stock.

Key Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: UBS sees substantial upside: Despite Teradyne’s recent weekly decline, UBS reportedly sees 61% upside, offering a bullish counterpoint to the selloff. Teradyne Lost 17% in a Week. UBS Still Sees 61% Upside
• Positive Sentiment: Growth and AI-related optimism: Coverage describes Teradyne as a strong growth stock, while another report points to robotics profitability broadening the company’s AI growth profile. These themes may reinforce investor expectations for growth. Teradyne (TER) is an Incredible Growth Stock: 3 Reasons Why Teradyne stock: Robotics profitability broadens AI growth profile
• Positive Sentiment: Estimate revisions and oversold conditions: Zacks cited higher analyst earnings estimates and technically oversold conditions as reasons the stock could be positioned for a reversal after its steep decline. Down 38.9% in 4 Weeks, Here's Why You Should You Buy the Dip in Teradyne
• Neutral Sentiment: A comparison of Teradyne and Flex as value stocks offers investors a valuation perspective, but the available article summary does not state which company it favors. FLEX or TER: Which Is the Better Value Stock Right Now?
• Neutral Sentiment: The recent reports note a steep short-term share-price decline, highlighting ongoing volatility even as some analysts see recovery potential.

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Smith sold 4,000 shares of the firm's stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $341.28, for a total transaction of $1,365,120.00. Following the completion of the transaction, the chief executive officer owned 104,495 shares in the company, valued at $35,662,053.60. This trade represents a 3.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 12,000 shares of company stock worth $4,416,440. Company insiders own 0.19% of the company's stock.

Teradyne Stock Up 3.2%

Shares of TER stock opened at $269.35 on Wednesday. The company's fifty day simple moving average is $360.00 and its two-hundred day simple moving average is $348.75. Teradyne, Inc. has a 52 week low of $151.52 and a 52 week high of $487.91. The stock has a market cap of $42.05 billion, a P/E ratio of 30.92, a PEG ratio of 0.51 and a beta of 1.73.

Teradyne (NASDAQ:TER - Get Free Report) last issued its quarterly earnings data on Tuesday, October 27th. The company reported $2.29 earnings per share for the quarter, beating analysts' consensus estimates of $2.09 by $0.20. Teradyne had a return on equity of 43.81% and a net margin of 27.46%. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter last year, the business posted $0.85 earnings per share. The business's quarterly revenue was up 69.8% compared to the same quarter last year. On average, analysts anticipate that Teradyne, Inc. will post 9.36 EPS for the current fiscal year.

Teradyne Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 4th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.52 dividend on an annualized basis and a yield of 0.2%. Teradyne's dividend payout ratio is presently 5.97%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Robert W. Baird lowered Teradyne from an "outperform" rating to a "neutral" rating and set a $420.00 price target for the company. in a report on Friday, August 21st. UBS Group decreased their price objective on Teradyne from $485.00 to $430.00 and set a "buy" rating on the stock in a research note on Thursday, October 29th. Wall Street Zen raised Teradyne from a "hold" rating to a "buy" rating in a research report on Saturday, October 24th. Zacks Research raised Teradyne from a "hold" rating to a "strong-buy" rating in a research report on Friday, October 30th. Finally, Weiss Ratings upgraded Teradyne from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Tuesday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Teradyne currently has a consensus rating of "Moderate Buy" and a consensus target price of $405.86.

About Teradyne

Teradyne, Inc develops and supplies automated test equipment and industrial automation products. Its systems help manufacturers test the functionality, performance, and reliability of semiconductor devices, electronic systems, wireless products, and other complex products throughout the production process.

The company's product portfolio includes semiconductor test systems, memory and system-level test equipment, and solutions for printed circuit boards and electronic products. Teradyne also provides collaborative robots through Universal Robots and autonomous mobile robots through Mobile Industrial Robots (MiR), supporting applications such as assembly, material handling, machine tending, packaging, and warehouse logistics.

Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne serves customers worldwide, including semiconductor manufacturers, electronics producers, automotive companies, and industrial businesses.

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