Teradyne, Inc. $TER Shares Sold by Andar Capital Management HK Ltd

Key Points

• Andar Capital Management HK Ltd cut its Teradyne stake by 52.5% in the fourth quarter, selling 39,900 shares and leaving it with 36,100 shares valued at about $7.0 million.
• Teradyne reported strong quarterly results, with EPS of $2.56 and revenue of $1.28 billion, both beating Wall Street estimates. Revenue jumped 87% from a year earlier, and analysts now expect full-year EPS of 7.09.
• The company raised its quarterly dividend to $0.13 per share from $0.12, while several analysts lifted price targets and maintained bullish ratings, reflecting continued optimism around Teradyne’s growth and AI-related demand.

Andar Capital Management HK Ltd lowered its stake in Teradyne, Inc. (NASDAQ:TER - Free Report) by 52.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 36,100 shares of the company's stock after selling 39,900 shares during the quarter. Teradyne comprises 7.5% of Andar Capital Management HK Ltd's portfolio, making the stock its 6th largest position. Andar Capital Management HK Ltd's holdings in Teradyne were worth $6,988,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of TER. National Pension Service purchased a new stake in Teradyne during the 4th quarter worth approximately $47,306,000. Rothschild Investment LLC increased its holdings in Teradyne by 159.7% during the 4th quarter. Rothschild Investment LLC now owns 322 shares of the company's stock worth $62,000 after purchasing an additional 198 shares during the last quarter. SBI Okasan Asset Management Co.Ltd. purchased a new stake in Teradyne during the 4th quarter worth approximately $276,000. Northwestern Mutual Wealth Management Co. increased its holdings in Teradyne by 16.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 27,654 shares of the company's stock worth $5,353,000 after purchasing an additional 3,968 shares during the last quarter. Finally, Moors & Cabot Inc. purchased a new stake in Teradyne during the 4th quarter worth approximately $229,000. Institutional investors and hedge funds own 99.77% of the company's stock.

Teradyne Price Performance

NASDAQ:TER opened at $382.65 on Friday. Teradyne, Inc. has a 12-month low of $77.02 and a 12-month high of $422.11. The firm has a market capitalization of $59.90 billion, a P/E ratio of 70.86, a P/E/G ratio of 1.55 and a beta of 1.79. The business has a 50 day simple moving average of $346.87 and a 200 day simple moving average of $275.75.

Teradyne (NASDAQ:TER - Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $2.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.11 by $0.45. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the previous year, the firm posted $0.75 EPS. The business's revenue for the quarter was up 87.0% compared to the same quarter last year. Research analysts anticipate that Teradyne, Inc. will post 7.09 EPS for the current fiscal year.

Teradyne Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Thursday, May 21st will be given a dividend of $0.13 per share. This is a boost from Teradyne's previous quarterly dividend of $0.12. The ex-dividend date is Thursday, May 21st. This represents a $0.52 dividend on an annualized basis and a yield of 0.1%. Teradyne's payout ratio is presently 9.63%.

Analysts Set New Price Targets

TER has been the subject of a number of research analyst reports. Stifel Nicolaus boosted their price target on Teradyne from $325.00 to $390.00 and gave the company a "buy" rating in a report on Tuesday, April 28th. UBS Group boosted their price target on Teradyne from $325.00 to $440.00 and gave the company a "buy" rating in a report on Tuesday, April 21st. Evercore set a $370.00 price target on Teradyne in a report on Thursday, April 30th. Northland Securities reiterated a "market perform" rating and issued a $270.00 price target on shares of Teradyne in a report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. upgraded Teradyne from a "neutral" rating to an "overweight" rating and set a $400.00 price target for the company in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Teradyne presently has an average rating of "Moderate Buy" and a consensus target price of $339.80.

Key Stories Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Analysts have recently turned more constructive on Teradyne, with higher earnings estimates, improved brokerage recommendations, and several bullish price targets that suggest Wall Street still sees upside after the company’s strong quarterly results. Assessing Teradyne (TER) Valuation After Upgraded Analyst Ratings And Higher Earnings Estimates
• Positive Sentiment: Teradyne remains in focus as an AI beneficiary, with recent commentary highlighting strong demand trends in AI-driven tech and positioning TER alongside other chip and test-equipment names benefiting from the buildout. 5 AI Stocks to Buy as Markets Defy "Sell in May and Go Away" Adage
• Positive Sentiment: The company’s latest earnings report was a clear beat, with EPS and revenue both topping expectations and management indicating that a large share of revenue was tied to AI-related demand, reinforcing the growth narrative. Teradyne Insider Trades / Earnings Coverage

Insiders Place Their Bets

In other Teradyne news, CEO Gregory Stephen Smith sold 8,597 shares of the business's stock in a transaction on Friday, May 15th. The stock was sold at an average price of $338.98, for a total transaction of $2,914,211.06. Following the completion of the transaction, the chief executive officer owned 124,470 shares in the company, valued at approximately $42,192,840.60. The trade was a 6.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 1,008 shares of the company's stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $345.37, for a total value of $348,132.96. Following the completion of the sale, the insider owned 15,066 shares of the company's stock, valued at approximately $5,203,344.42. This trade represents a 6.27% decrease in their position. The SEC filing for this sale provides additional information. 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. In the last quarter, insiders sold 10,941 shares of company stock worth $3,751,992. 0.19% of the stock is owned by company insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.