Teradyne, Inc. $TER Shares Purchased by Meeder Asset Management Inc.

Meeder Asset Management Inc. increased its stake in Teradyne, Inc. (NASDAQ:TER) by 1,535.4% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,570 shares of the company’s stock after acquiring an additional 1,474 shares during the quarter. Meeder Asset Management Inc.’s holdings in Teradyne were worth $465,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in TER. Parallel Advisors LLC raised its position in shares of Teradyne by 7.3% during the 1st quarter. Parallel Advisors LLC now owns 1,686 shares of the company’s stock worth $500,000 after purchasing an additional 114 shares during the last quarter. KBC Group NV boosted its holdings in Teradyne by 1,383.5% in the 1st quarter. KBC Group NV now owns 348,553 shares of the company’s stock worth $103,332,000 after buying an additional 325,057 shares during the last quarter. Trivest Advisors Ltd acquired a new stake in Teradyne in the 1st quarter worth about $135,423,000. SEB Asset Management AB purchased a new stake in Teradyne during the 1st quarter worth approximately $19,782,000. Finally, Swiss National Bank raised its holdings in shares of Teradyne by 5.4% during the first quarter. Swiss National Bank now owns 459,600 shares of the company’s stock valued at $136,253,000 after acquiring an additional 23,700 shares during the last quarter. 99.77% of the stock is currently owned by institutional investors and hedge funds.

Teradyne News Summary

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne is rising with other semiconductor equipment names as dip buyers return to the market and re-enter AI-linked stocks after a sharp sector pullback. Seagate, Western Digital, FormFactor, Amkor, and Teradyne Shares Are Soaring, What You Need To Know
• Positive Sentiment: Wall Street expects Teradyne to report earnings growth next week, and coverage suggests the company has a favorable setup for a potential earnings beat. Teradyne (TER) Reports Next Week: Wall Street Expects Earnings Growth
• Positive Sentiment: Teradyne was also highlighted as an AI semiconductor supply-chain stock that may benefit from the recent dip, with demand for chip testing and packaging still supported by AI spending trends. 4 AI Semiconductor Supply-Chain Stocks to Buy on the Recent Dip
• Neutral Sentiment: The latest market backdrop remains mixed, with chip stocks rebounding even as broader investors stay focused on earnings and macro uncertainty.

Insider Transactions at Teradyne

In other news, CEO Gregory Stephen Smith sold 8,597 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $338.98, for a total transaction of $2,914,211.06. Following the transaction, the chief executive officer owned 124,470 shares of the company’s stock, valued at approximately $42,192,840.60. The trade was a 6.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 1,008 shares of the company’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $345.37, for a total transaction of $348,132.96. Following the completion of the sale, the insider directly owned 15,066 shares of the company’s stock, valued at $5,203,344.42. This represents a 6.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders have sold a total of 14,941 shares of company stock worth $5,444,112 in the last quarter. Company insiders own 0.19% of the company’s stock.

Teradyne Price Performance

Shares of Teradyne stock opened at $374.04 on Wednesday. The stock’s 50 day simple moving average is $381.71 and its 200-day simple moving average is $330.32. The stock has a market cap of $58.55 billion, a P/E ratio of 69.27, a P/E/G ratio of 0.97 and a beta of 1.74. Teradyne, Inc. has a 1-year low of $89.18 and a 1-year high of $487.91.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $2.56 EPS for the quarter, beating the consensus estimate of $2.11 by $0.45. Teradyne had a return on equity of 31.79% and a net margin of 22.55%.The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter last year, the firm earned $0.75 earnings per share. The business’s revenue for the quarter was up 87.0% on a year-over-year basis. As a group, research analysts expect that Teradyne, Inc. will post 7.2 EPS for the current fiscal year.

Teradyne Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, May 21st were issued a dividend of $0.13 per share. The ex-dividend date was Thursday, May 21st. This represents a $0.52 annualized dividend and a dividend yield of 0.1%. This is a boost from Teradyne’s previous quarterly dividend of $0.12. Teradyne’s payout ratio is presently 9.63%.

Wall Street Analyst Weigh In

TER has been the topic of several research reports. JPMorgan Chase & Co. upgraded Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 target price on the stock in a research report on Thursday, April 30th. Citigroup boosted their price target on Teradyne from $325.00 to $400.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. UBS Group increased their price objective on Teradyne from $440.00 to $500.00 and gave the company a “buy” rating in a research note on Monday. Morgan Stanley set a $387.00 price objective on Teradyne in a report on Thursday, April 30th. Finally, Susquehanna lifted their target price on shares of Teradyne from $415.00 to $550.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Teradyne presently has a consensus rating of “Moderate Buy” and an average target price of $394.53.

About Teradyne

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.