Teradyne, Inc. $TER Stock: Private Advisory Group LLC Reduces Holdings

Private Advisory Group LLC decreased its position in Teradyne, Inc. (NASDAQ:TER) by 63.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,665 shares of the company’s stock after selling 26,839 shares during the quarter. Private Advisory Group LLC’s holdings in Teradyne were worth $6,280,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Carolina Wealth Advisors LLC grew its stake in shares of Teradyne by 42.5% in the second quarter. Carolina Wealth Advisors LLC now owns 114 shares of the company’s stock valued at $55,000 after buying an additional 34 shares in the last quarter. Purus Wealth Management LLC lifted its stake in Teradyne by 0.3% during the 3rd quarter. Purus Wealth Management LLC now owns 11,145 shares of the company’s stock worth $4,468,000 after acquiring an additional 35 shares in the last quarter. Pinnacle Associates Ltd. lifted its stake in Teradyne by 1.8% during the 3rd quarter. Pinnacle Associates Ltd. now owns 1,940 shares of the company’s stock worth $778,000 after acquiring an additional 35 shares in the last quarter. Vestor Capital LLC lifted its stake in Teradyne by 15.4% during the 1st quarter. Vestor Capital LLC now owns 285 shares of the company’s stock worth $85,000 after acquiring an additional 38 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC boosted its holdings in Teradyne by 5.8% during the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 727 shares of the company’s stock valued at $352,000 after acquiring an additional 40 shares during the period. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Teradyne

In other news, CEO Gregory Smith sold 4,000 shares of the business’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $341.28, for a total transaction of $1,365,120.00. Following the completion of the transaction, the chief executive officer directly owned 104,495 shares of the company’s stock, valued at approximately $35,662,053.60. The trade was a 3.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 12,000 shares of company stock worth $4,416,440 over the last three months. Insiders own 0.19% of the company’s stock.

Top Teradyne Stories

Investors following TER have been watching these stories:

• Positive Sentiment: Jefferies initiated coverage with a Buy rating and a $284 price target, citing Teradyne’s opportunity in AI chip testing and its relationship with Nvidia. The firm reportedly sees a potential $2 billion Nvidia-related opportunity, framing Teradyne as a “compute test company.” Article: Teradyne Stock Jumps. Jefferies Sees a $2 Billion Nvidia Opportunity.
• Neutral Sentiment: Teradyne announced a quarterly dividend of $0.13 per share, payable December 16 to shareholders of record November 23. Article: Why Teradyne Stock Is Getting Attention After Edge AI Test Platform Launch
• Negative Sentiment: ARK’s flagship fund reportedly sold its remaining Teradyne shares, a potentially cautious signal, though another ARK fund still owns shares. Article: Cathie Wood Dumps the Last of Teradyne From Her Flagship Fund

Teradyne Trading Down 0.8%

NASDAQ:TER opened at $263.75 on Friday. The firm has a market cap of $41.18 billion, a PE ratio of 30.28, a price-to-earnings-growth ratio of 0.52 and a beta of 1.73. The stock has a fifty day moving average price of $344.39 and a 200 day moving average price of $349.26. Teradyne, Inc. has a 12-month low of $151.52 and a 12-month high of $487.91.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Tuesday, October 27th. The company reported $2.29 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.20. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.27 billion. Teradyne had a return on equity of 43.81% and a net margin of 27.46%. Teradyne’s revenue was up 69.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.85 EPS. Equities analysts forecast that Teradyne, Inc. will post 9.41 EPS for the current year.

Teradyne Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Stockholders of record on Monday, November 23rd will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, November 23rd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.2%. Teradyne’s payout ratio is currently 5.97%.

Wall Street Analyst Weigh In

TER has been the subject of several research reports. Evercore reaffirmed an “outperform” rating and issued a $420.00 target price on shares of Teradyne in a research report on Thursday, July 30th. Morgan Stanley boosted their price target on shares of Teradyne from $387.00 to $397.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 30th. Wall Street Zen lowered shares of Teradyne from a “buy” rating to a “hold” rating in a research note on Saturday, November 7th. Jefferies Financial Group assumed coverage on shares of Teradyne in a report on Wednesday. They issued a “buy” rating and a $284.00 price objective for the company. Finally, Robert W. Baird downgraded shares of Teradyne from an “outperform” rating to a “neutral” rating and set a $420.00 target price on the stock. in a research note on Friday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $397.73.

Teradyne Profile

Teradyne, Inc. develops and supplies automated test equipment and robotics used by manufacturers around the world. Its test systems help customers evaluate the performance and reliability of semiconductor devices, electronic products, wireless components and storage products. The company’s offerings include semiconductor test systems, system-level test equipment and wireless test solutions. Teradyne also serves industrial automation markets through Universal Robots, which makes collaborative robots, and Mobile Industrial Robots, which develops autonomous mobile robots for moving materials in factories and other facilities.