Vestmark Advisory Solutions Inc. Has $8.50 Million Holdings in Teradyne, Inc. $TER

Key Points

• Vestmark Advisory Solutions Inc. increased its stake in Teradyne, Inc. by 35.8%, acquiring an additional 27,163 shares, bringing its total holdings to 102,933 shares valued at approximately $8.5 million.
• Teradyne's CEO, Gregory Stephen Smith, sold 554 shares of stock for approximately $58,724, which represented a 0.57% decrease in his ownership.
• Teradyne announced a stock repurchase program allowing the buyback of up to $1.00 billion in outstanding shares, indicating the board's belief that the stock is undervalued.

Vestmark Advisory Solutions Inc. raised its holdings in shares of Teradyne, Inc. (NASDAQ:TER - Free Report) by 35.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 102,933 shares of the company's stock after buying an additional 27,163 shares during the quarter. Vestmark Advisory Solutions Inc. owned about 0.06% of Teradyne worth $8,502,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. DAVENPORT & Co LLC raised its stake in Teradyne by 29.8% during the 1st quarter. DAVENPORT & Co LLC now owns 5,094 shares of the company's stock valued at $421,000 after purchasing an additional 1,170 shares during the last quarter. Park Avenue Securities LLC increased its holdings in shares of Teradyne by 56.0% during the 1st quarter. Park Avenue Securities LLC now owns 3,045 shares of the company's stock worth $252,000 after purchasing an additional 1,093 shares during the period. Crossmark Global Holdings Inc. increased its holdings in shares of Teradyne by 6.4% during the 1st quarter. Crossmark Global Holdings Inc. now owns 4,328 shares of the company's stock worth $357,000 after purchasing an additional 261 shares during the period. Asset Management One Co. Ltd. raised its position in shares of Teradyne by 5.5% during the first quarter. Asset Management One Co. Ltd. now owns 68,612 shares of the company's stock valued at $5,667,000 after buying an additional 3,589 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Teradyne by 306.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 37,661 shares of the company's stock valued at $3,111,000 after buying an additional 28,406 shares during the period. 99.77% of the stock is owned by institutional investors.

Teradyne Stock Performance

Shares of NASDAQ TER traded down $1.10 during midday trading on Wednesday, reaching $109.52. 3,568,707 shares of the company traded hands, compared to its average volume of 4,878,657. Teradyne, Inc. has a 12 month low of $65.77 and a 12 month high of $144.16. The stock's 50-day simple moving average is $96.58 and its 200-day simple moving average is $91.30. The firm has a market cap of $17.42 billion, a PE ratio of 37.90, a PEG ratio of 2.32 and a beta of 1.72.

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

Teradyne declared that its board has approved a share repurchase program on Monday, April 28th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to buy up to 8.1% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board believes its shares are undervalued.

Analyst Ratings Changes

Several equities analysts recently issued reports on TER shares. Morgan Stanley upgraded Teradyne from an "underweight" rating to an "equal weight" rating and boosted their price target for the company from $74.00 to $100.00 in a research note on Thursday, July 31st. Cowen restated a "buy" rating on shares of Teradyne in a research note on Wednesday, July 30th. Susquehanna reduced their target price on Teradyne from $155.00 to $133.00 and set a "positive" rating for the company in a research report on Wednesday, April 30th. UBS Group reissued a "buy" rating and issued a $130.00 price target (up previously from $120.00) on shares of Teradyne in a report on Thursday, July 31st. Finally, Stifel Nicolaus raised their price objective on shares of Teradyne from $85.00 to $100.00 and gave the stock a "hold" rating in a report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, five have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $114.44.

Insider Activity

In other news, CEO Gregory Stephen Smith sold 554 shares of the business'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 transaction, 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.16% of the company's stock.

Teradyne Company 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.