Teradyne, Inc. $TER Shares Sold by VELA Investment Management LLC

Key Points

• VELA Investment Management trimmed its Teradyne stake by 46.7%, selling 19,360 shares and leaving 22,060 shares valued at $4.27M, while institutional investors now own about 99.77% of the stock with several large funds materially adding to their positions.
• Q1 results beat expectations—Teradyne posted $2.56 EPS vs. $2.11 consensus and $1.28B revenue (up 87% YoY), driving analyst upgrades and an average MarketBeat rating of "Moderate Buy" with an average price target of $339.80 (JPMorgan at $400).
• Despite upside from AI/robotics exposure and analyst revisions, management’s conservative Q2 guidance and the stock’s ~350% prior run have triggered a post-earnings selloff and increased near-term volatility.

VELA Investment Management LLC trimmed its holdings in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 46.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,060 shares of the company's stock after selling 19,360 shares during the period. Teradyne accounts for 1.0% of VELA Investment Management LLC's portfolio, making the stock its 27th biggest position. VELA Investment Management LLC's holdings in Teradyne were worth $4,270,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of TER. Wellington Management Group LLP raised its holdings in shares of Teradyne by 13,949.4% during 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 period. Alkeon Capital Management LLC raised its holdings in shares of Teradyne by 48.6% during the third quarter. Alkeon Capital Management LLC now owns 2,872,910 shares of the company's stock worth $395,427,000 after purchasing an additional 940,000 shares during the period. Assenagon Asset Management S.A. raised its holdings in shares of Teradyne by 3,233.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 910,023 shares of the company's stock worth $176,144,000 after purchasing an additional 882,723 shares during the period. Rafferty Asset Management LLC raised its holdings in shares of Teradyne by 65.4% during the second quarter. Rafferty Asset Management LLC now owns 2,166,039 shares of the company's stock worth $194,770,000 after purchasing an additional 856,540 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of Teradyne by 60.1% during the second quarter. Bank of America Corp DE now owns 2,082,945 shares of the company's stock worth $187,298,000 after purchasing an additional 781,517 shares during the period. 99.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on TER. JPMorgan Chase & Co. raised shares of Teradyne from a "neutral" rating to an "overweight" rating and set a $400.00 target price on the stock in a report on Thursday. Bank of America increased their target price on shares of Teradyne from $250.00 to $260.00 and gave the stock a "buy" rating in a report on Thursday, January 22nd. Zacks Research cut shares of Teradyne from a "strong-buy" rating to a "hold" rating in a report on Monday, April 13th. Morgan Stanley set a $387.00 price objective on shares of Teradyne in a report on Thursday. Finally, Northland Securities reaffirmed a "market perform" rating and issued a $270.00 price objective on shares of Teradyne in a report on Wednesday, February 4th. Eleven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $339.80.

Teradyne Trading Up 0.6%

TER opened at $345.42 on Friday. The business's 50 day moving average is $329.08 and its 200-day moving average is $249.79. The stock has a market cap of $54.08 billion, a PE ratio of 63.97, a price-to-earnings-growth ratio of 1.53 and a beta of 1.79. Teradyne, Inc. has a twelve month low of $73.11 and a twelve month high of $422.11.

Teradyne (NASDAQ:TER - Get Free Report) last released its earnings results on Tuesday, April 28th. The company reported $2.56 EPS for the quarter, beating the consensus estimate of $2.11 by $0.45. The firm had revenue of $1.28 billion for the quarter, compared to analysts' expectations of $1.20 billion. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. Teradyne's quarterly revenue was up 87.0% on a year-over-year basis. During the same quarter last year, the company earned $0.75 EPS. Teradyne has set its Q2 2026 guidance at 1.860-2.150 EPS. As a group, analysts forecast that Teradyne, Inc. will post 7.05 EPS for the current year.

Key Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Q1 results beat expectations and prompted fresh analyst revisions — Teradyne reported stronger-than-expected revenue and EPS, which is driving upward estimate revisions and supporting near-term upside. Results: Teradyne, Inc. Beat Earnings Expectations
• Positive Sentiment: Analysts and brokerages are lifting forecasts and ratings — JPMorgan upgraded TER to Overweight with a $400 target and several firms have raised EPS estimates, which supports the bullish case that current weakness is a buying opportunity. JPMorgan upgrades Teradyne to Buy
• Positive Sentiment: AI and robotics end-market momentum — Coverage highlighting Teradyne’s exposure to AI-related test equipment and improving robotics revenue underpins higher medium-term growth expectations. AI Momentum Lifts Teradyne In Nasdaq Composite Index Spotlight
• Positive Sentiment: Teradyne Robotics revenue is rising — Early-2026 growth in the robotics segment gives investors more confidence in diversified revenue drivers beyond semiconductor test. Teradyne Robotics revenue rises at the start of 2026
• Neutral Sentiment: Institutional positions and momentum lists are drawing attention — Large holders (e.g., Cathie Wood’s funds) and momentum screens keep TER in focus; this can amplify both rallies and pullbacks depending on flows. Cathie Wood's Robotics Bet Dips After 350% Run — JPMorgan Says Buy
• Neutral Sentiment: Analyst estimate lifts but mixed price targets — Firms like Northland raised EPS forecasts, yet some price targets remain conservative versus current levels, so analyst activity is constructive but not uniformly bullish. Earnings Estimates Rising for Teradyne (TER)
• Negative Sentiment: Q2 guidance disappointed some investors — Management’s Q2 revenue guide and modeled FY targets were seen as conservative vs. lofty expectations, which triggered a sharp post-earnings selloff and adds near-term downside risk if order trends soften. Teradyne Slides as 2Q Guidance Disappoints Lofty Expectations
• Negative Sentiment: Volatility from a large prior run-up — The stock’s ~350% rally into April created a bigger base for profit-taking; recent sharp pullbacks and heightened option activity increase short-term volatility. Earnings Estimates Rising for Teradyne (TER): Will It Gain?

Teradyne 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.