Jump Financial LLC Acquires Shares of 70,865 Teradyne, Inc. $TER

Key Points

• Jump Financial LLC acquired a significant stake of 70,865 shares in Teradyne, valued at approximately $5.85 million, in the first quarter.
• CEO Gregory Stephen Smith sold 554 shares at an average price of $106.00, which reduced his ownership by 0.57%, retaining approximately $10.28 million in shares.
• Teradyne's board authorized a $1 billion share repurchase program, indicating management's belief that the stock is undervalued.

Jump Financial LLC acquired a new position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 70,865 shares of the company's stock, valued at approximately $5,853,000.

Several other large investors have also recently modified their holdings of the company. Allstate Corp raised its stake in shares of Teradyne by 54.2% during the 1st quarter. Allstate Corp now owns 7,298 shares of the company's stock worth $603,000 after acquiring an additional 2,565 shares in the last quarter. Norinchukin Bank The raised its stake in shares of Teradyne by 14.5% during the 1st quarter. Norinchukin Bank The now owns 8,125 shares of the company's stock worth $671,000 after acquiring an additional 1,031 shares in the last quarter. Channing Capital Management LLC raised its stake in shares of Teradyne by 4.6% during the 1st quarter. Channing Capital Management LLC now owns 93,906 shares of the company's stock worth $7,757,000 after acquiring an additional 4,169 shares in the last quarter. United Asset Strategies Inc. raised its stake in shares of Teradyne by 9.6% during the 1st quarter. United Asset Strategies Inc. now owns 76,878 shares of the company's stock worth $6,350,000 after acquiring an additional 6,727 shares in the last quarter. Finally, Kaufman Rossin Wealth LLC bought a new position in shares of Teradyne during the 1st quarter worth approximately $303,000. Institutional investors own 99.77% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. JPMorgan Chase & Co. reissued a "neutral" rating and set a $102.00 target price (up previously from $88.00) on shares of Teradyne in a research report on Thursday, July 17th. UBS Group reissued a "buy" rating and set a $130.00 target price (up previously from $120.00) on shares of Teradyne in a research report on Thursday, July 31st. Morgan Stanley raised shares of Teradyne from an "underweight" rating to an "equal weight" rating and boosted their target price for the stock from $74.00 to $100.00 in a research report on Thursday, July 31st. Wall Street Zen downgraded shares of Teradyne from a "hold" rating to a "sell" rating in a research report on Sunday. Finally, The Goldman Sachs Group reissued a "sell" rating and set a $85.00 target price on shares of Teradyne in a research report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Teradyne presently has a consensus rating of "Moderate Buy" and a consensus target price of $114.44.

Insider Transactions at Teradyne

In other Teradyne news, CEO Gregory Stephen Smith sold 554 shares of the firm's stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $106.00, for a total value of $58,724.00. Following the sale, the chief executive officer directly owned 96,993 shares of the company's stock, valued at approximately $10,281,258. This trade represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.16% of the company's stock.

Teradyne Stock Performance

Shares of TER traded up $0.90 during trading hours on Thursday, hitting $117.89. The stock had a trading volume of 2,759,545 shares, compared to its average volume of 3,485,881. The firm has a 50-day moving average price of $99.53 and a 200 day moving average price of $91.40. Teradyne, Inc. has a fifty-two week low of $65.77 and a fifty-two week high of $144.16. The firm has a market capitalization of $18.75 billion, a price-to-earnings ratio of 40.79, a PEG ratio of 2.50 and a beta of 1.72.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.54 by $0.03. The company had revenue of $651.80 million for the quarter, compared to analyst estimates of $649.02 million. Teradyne had a net margin of 16.59% and a return on equity of 18.16%. The firm's revenue was down 10.7% on a year-over-year basis. During the same quarter last year, the business earned $0.86 earnings per share. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. As a group, analysts predict that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Friday, September 5th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $0.48 dividend on an annualized basis and a yield of 0.4%. Teradyne's dividend payout ratio is presently 16.61%.

Teradyne Profile

Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.