Korea Investment CORP Lowers Position in Teradyne, Inc. $TER

Korea Investment CORP cut its stake in Teradyne, Inc. (NASDAQ:TER) by 24.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 95,868 shares of the company’s stock after selling 30,595 shares during the quarter. Korea Investment CORP’s holdings in Teradyne were worth $7,919,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Qtron Investments LLC raised its stake in shares of Teradyne by 8.3% in the first quarter. Qtron Investments LLC now owns 4,931 shares of the company’s stock worth $407,000 after purchasing an additional 378 shares during the last quarter. Brooklyn Investment Group grew its holdings in shares of Teradyne by 189.9% in the first quarter. Brooklyn Investment Group now owns 461 shares of the company’s stock valued at $38,000 after acquiring an additional 302 shares in the last quarter. Prospector Partners LLC grew its holdings in shares of Teradyne by 59.0% in the first quarter. Prospector Partners LLC now owns 105,061 shares of the company’s stock valued at $8,678,000 after acquiring an additional 38,993 shares in the last quarter. Versor Investments LP bought a new position in shares of Teradyne in the first quarter valued at approximately $628,000. Finally, Summit Securities Group LLC bought a new position in shares of Teradyne in the first quarter valued at approximately $58,000. 99.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on TER shares. Cowen reaffirmed a “buy” rating on shares of Teradyne in a report on Wednesday, July 30th. Cantor Fitzgerald set a $105.00 target price on Teradyne and gave the company an “overweight” rating in a report on Tuesday, June 24th. Wall Street Zen raised Teradyne from a “sell” rating to a “hold” rating in a report on Saturday, August 16th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $102.00 target price (up from $88.00) on shares of Teradyne in a report on Thursday, July 17th. Finally, Morgan Stanley raised Teradyne from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $74.00 to $100.00 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 issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $114.44.

Teradyne Stock Performance

NASDAQ:TER opened at $115.30 on Friday. The business’s fifty day moving average is $97.69 and its 200 day moving average is $91.31. The firm has a market cap of $18.34 billion, a price-to-earnings ratio of 39.90, a PEG ratio of 2.30 and a beta of 1.72. Teradyne, Inc. has a 52-week low of $65.77 and a 52-week high of $144.16.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $649.02 million. Teradyne had a return on equity of 18.16% and a net margin of 16.59%.The firm’s quarterly revenue was down 10.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.86 EPS. Teradyne has set its Q3 2025 guidance at 0.690-0.870 EPS. Equities analysts predict that Teradyne, Inc. will post 3.88 EPS for the current fiscal year.

Teradyne announced that its Board of Directors has initiated a share repurchase program on Monday, April 28th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to buy up to 8.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

Insider Transactions at Teradyne

In related news, CEO Gregory Stephen Smith sold 554 shares of the stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $106.00, for a total transaction of $58,724.00. Following the sale, the chief executive officer owned 96,993 shares of the company’s stock, valued at approximately $10,281,258. This represents a 0.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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.