Teradyne (NASDAQ:TER) Insider Sells $348,132.96 in Stock

Teradyne, Inc. (NASDAQ:TER) insider Shannon John Poulin sold 1,008 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $345.37, for a total value of $348,132.96. Following the sale, the insider owned 15,066 shares in the company, valued at approximately $5,203,344.42. This represents a 6.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Shannon John Poulin also recently made the following trade(s):

• On Friday, May 22nd, Shannon John Poulin sold 656 shares of Teradyne stock. The stock was sold at an average price of $355.00, for a total value of $232,880.00.

Teradyne Stock Performance

Shares of TER stock opened at $382.65 on Friday. Teradyne, Inc. has a 52-week low of $77.02 and a 52-week high of $422.11. The company has a market capitalization of $59.90 billion, a PE ratio of 70.86, a price-to-earnings-growth ratio of 1.55 and a beta of 1.79. The business’s fifty day moving average is $346.87 and its 200 day moving average is $275.75.

Teradyne (NASDAQ:TER) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $2.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.11 by $0.45. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the business posted $0.75 earnings per share. The firm’s revenue was up 87.0% compared to the same quarter last year. On average, sell-side analysts forecast that Teradyne, Inc. will post 7.09 EPS for the current fiscal year.

Teradyne Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Thursday, May 21st will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.1%. This is a boost from Teradyne’s previous quarterly dividend of $0.12. The ex-dividend date is Thursday, May 21st. Teradyne’s dividend payout ratio (DPR) is 9.63%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of TER. Caitong International Asset Management Co. Ltd bought a new position in shares of Teradyne during the fourth quarter valued at about $28,000. McIlrath & Eck LLC bought a new position in shares of Teradyne during the first quarter valued at about $30,000. Root Financial Partners LLC bought a new position in shares of Teradyne during the third quarter valued at about $31,000. Davidson Capital Management Inc. bought a new position in shares of Teradyne during the third quarter valued at about $31,000. Finally, CYBER HORNET ETFs LLC bought a new position in shares of Teradyne during the second quarter valued at about $35,000. 99.77% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on TER. Stifel Nicolaus increased their price objective on Teradyne from $325.00 to $390.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Citigroup increased their target price on Teradyne from $325.00 to $400.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Zacks Research raised Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Evercore set a $370.00 target price on Teradyne in a research note on Thursday, April 30th. Finally, Royal Bank Of Canada set a $270.00 target price on Teradyne in a research note on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $339.80.

Key Stories Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Analysts have recently turned more constructive on Teradyne, with higher earnings estimates, improved brokerage recommendations, and several bullish price targets that suggest Wall Street still sees upside after the company’s strong quarterly results. Assessing Teradyne (TER) Valuation After Upgraded Analyst Ratings And Higher Earnings Estimates
• Positive Sentiment: Teradyne remains in focus as an AI beneficiary, with recent commentary highlighting strong demand trends in AI-driven tech and positioning TER alongside other chip and test-equipment names benefiting from the buildout. 5 AI Stocks to Buy as Markets Defy “Sell in May and Go Away” Adage
• Positive Sentiment: The company’s latest earnings report was a clear beat, with EPS and revenue both topping expectations and management indicating that a large share of revenue was tied to AI-related demand, reinforcing the growth narrative. Teradyne Insider Trades / Earnings Coverage

Teradyne Company 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.