Teradyne (NASDAQ:TER) CEO Sells $63,710.00 in Stock

Key Points

• Gregory Stephen Smith, CEO of Teradyne, sold 554 shares of stock for a total value of $63,710.00, reducing his ownership to 96,439 shares valued at about $11.09 million.
• Teradyne's stock rose by 0.4%, closing at $114.56, with a market capitalization of $18.22 billion and a dividend of $0.12 scheduled for payout on September 29th.
• Recent analyst ratings show upgrades for Teradyne, with Morgan Stanley increasing its rating from "underweight" to "equal weight" and raising the price target to $100.00.

Teradyne, Inc. (NASDAQ:TER - Get Free Report) CEO Gregory Stephen Smith sold 554 shares of the firm's stock in a transaction on Friday, September 12th. The shares were sold at an average price of $115.00, for a total value of $63,710.00. Following the completion of the transaction, the chief executive officer owned 96,439 shares in the company, valued at $11,090,485. The trade was a 0.57% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Gregory Stephen Smith also recently made the following trade(s):

• On Tuesday, August 12th, Gregory Stephen Smith sold 554 shares of Teradyne stock. The shares were sold at an average price of $106.00, for a total value of $58,724.00.
• On Wednesday, July 30th, Gregory Stephen Smith sold 554 shares of Teradyne stock. The stock was sold at an average price of $105.73, for a total value of $58,574.42.

Teradyne Stock Up 0.4%

NASDAQ TER traded up $0.49 during trading on Tuesday, hitting $114.56. The stock had a trading volume of 1,434,125 shares, compared to its average volume of 3,503,859. The company has a market capitalization of $18.22 billion, a PE ratio of 39.63, a PEG ratio of 2.36 and a beta of 1.80. The firm has a 50 day moving average price of $106.61 and a 200 day moving average price of $91.46. Teradyne, Inc. has a twelve month low of $65.77 and a twelve 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 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 the consensus estimate of $649.02 million. Teradyne had a return on equity of 18.16% and a net margin of 16.59%.The business's revenue for the quarter was down 10.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.86 earnings per share. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. On average, sell-side analysts anticipate that Teradyne, Inc. will post 3.88 earnings per share for the current year.

Teradyne Announces Dividend

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

Analyst Upgrades and Downgrades

TER has been the topic of a number of recent analyst reports. Morgan Stanley raised Teradyne from an "underweight" rating to an "equal weight" rating and upped their price objective for the stock from $74.00 to $100.00 in a report on Thursday, July 31st. Wall Street Zen raised Teradyne from a "sell" rating to a "hold" rating in a research note on Monday, September 1st. UBS Group reiterated a "buy" rating and set a $130.00 target price (up from $120.00) on shares of Teradyne in a research report on Thursday, July 31st. Cantor Fitzgerald set a $105.00 price objective on Teradyne and gave the stock an "overweight" rating in a report on Tuesday, June 24th. Finally, JPMorgan Chase & Co. restated a "neutral" rating and issued a $102.00 price objective (up from $88.00) on shares of Teradyne in a report on Thursday, July 17th. One 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 issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $114.44.

Hedge Funds Weigh In On Teradyne

A number of hedge funds have recently modified their holdings of the stock. Orion Porfolio Solutions LLC acquired a new position in shares of Teradyne in the 2nd quarter worth $830,000. Thrivent Financial for Lutherans grew its holdings in shares of Teradyne by 291.6% in the 2nd quarter. Thrivent Financial for Lutherans now owns 24,995 shares of the company's stock worth $2,247,000 after acquiring an additional 18,612 shares during the last quarter. Marex Group plc acquired a new position in shares of Teradyne in the 2nd quarter worth $237,000. Hudson Bay Capital Management LP grew its holdings in shares of Teradyne by 148.9% in the 2nd quarter. Hudson Bay Capital Management LP now owns 7,934 shares of the company's stock worth $713,000 after acquiring an additional 4,747 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of Teradyne in the 2nd quarter worth $35,000. 99.77% of the stock is currently owned by institutional investors and hedge funds.

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.

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