Kaufman Rossin Wealth LLC Acquires New Shares in Teradyne, Inc. $TER

Key Points

• Kaufman Rossin Wealth LLC acquired 3,669 shares of Teradyne, Inc., valued at approximately $303,000, in the 1st quarter.
• CEO Gregory Stephen Smith sold 554 shares of the company, reducing his position by 0.57%, while still holding 96,993 shares worth approximately $10.28 million.
• Teradyne's board has initiated a $1 billion share buyback plan, indicating a belief that its shares are currently undervalued.

Kaufman Rossin Wealth LLC acquired a new position in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,669 shares of the company's stock, valued at approximately $303,000.

A number of other institutional investors also recently bought and sold shares of TER. Dimensional Fund Advisors LP raised its stake in shares of Teradyne by 15.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 944,941 shares of the company's stock worth $118,997,000 after buying an additional 127,084 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its holdings in Teradyne by 144.2% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 6,297 shares of the company's stock valued at $793,000 after acquiring an additional 3,718 shares in the last quarter. MetLife Investment Management LLC raised its position in Teradyne by 1.0% during the fourth quarter. MetLife Investment Management LLC now owns 49,255 shares of the company's stock worth $6,202,000 after acquiring an additional 474 shares during the last quarter. State of Tennessee Department of Treasury lifted its holdings in shares of Teradyne by 7.8% in the fourth quarter. State of Tennessee Department of Treasury now owns 52,832 shares of the company's stock valued at $6,653,000 after purchasing an additional 3,815 shares in the last quarter. Finally, Pinebridge Investments L.P. acquired a new stake in shares of Teradyne in the fourth quarter valued at approximately $2,570,000. 99.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Teradyne

In other news, CEO Gregory Stephen Smith sold 554 shares of the business's stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $106.00, for a total transaction of $58,724.00. Following the completion of the sale, the chief executive officer directly owned 96,993 shares of the company's stock, valued at $10,281,258. The trade was a 0.57% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.16% of the stock is currently owned by company insiders.

Teradyne Trading Down 1.0%

Shares of NASDAQ:TER opened at $109.52 on Thursday. The firm has a market cap of $17.42 billion, a price-to-earnings ratio of 37.90, a PEG ratio of 2.32 and a beta of 1.72. The stock's 50-day moving average price is $96.58 and its two-hundred day moving average price is $91.30. Teradyne, Inc. has a 12-month low of $65.77 and a 12-month high of $144.16.

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

Teradyne announced that its board has initiated a share buyback plan on Monday, April 28th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the company to reacquire up to 8.1% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TER. Morgan Stanley upgraded Teradyne from an "underweight" rating to an "equal weight" rating and lifted their price objective for the stock from $74.00 to $100.00 in a research report on Thursday, July 31st. Susquehanna cut their price target on Teradyne from $155.00 to $133.00 and set a "positive" rating for the company in a report on Wednesday, April 30th. Cantor Fitzgerald set a $105.00 price objective on Teradyne and gave the company an "overweight" rating in a research report on Tuesday, June 24th. UBS Group reaffirmed a "buy" rating and set a $130.00 price objective (up previously from $120.00) on shares of Teradyne in a research note on Thursday, July 31st. Finally, The Goldman Sachs Group reissued a "sell" rating and issued a $85.00 target price on shares of Teradyne in a research note 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 given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Teradyne currently has an average rating of "Moderate Buy" and a consensus target price of $114.44.

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.

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