Perigon Wealth Management LLC Buys Shares of 2,820 Teradyne, Inc. $TER

Perigon Wealth Management LLC purchased a new stake in Teradyne, Inc. (NASDAQ:TER) during the second quarter, according to its most recent filing with the SEC. The firm purchased 2,820 shares of the company’s stock, valued at approximately $1,365,000.

Other large investors have also recently made changes to their positions in the company. Commerzbank Aktiengesellschaft FI bought a new stake in Teradyne during the second quarter valued at about $322,000. Rice Hall James & Associates LLC bought a new position in Teradyne in the second quarter worth about $314,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Teradyne in the second quarter worth about $194,090,000. Crown Advisors Management Inc. purchased a new stake in shares of Teradyne during the second quarter valued at about $4,838,000. Finally, OneDigital Investment Advisors LLC purchased a new stake in shares of Teradyne during the second quarter valued at about $535,000. 99.77% of the stock is owned by institutional investors.

Teradyne Stock Down 8.8%

TER opened at $404.29 on Wednesday. The company has a market cap of $63.21 billion, a P/E ratio of 55.46, a price-to-earnings-growth ratio of 0.85 and a beta of 1.78. The firm’s 50-day moving average price is $386.33 and its 200-day moving average price is $351.73. Teradyne, Inc. has a 52-week low of $106.30 and a 52-week high of $487.91.

Teradyne (NASDAQ:TER) last released its earnings results on Wednesday, July 29th. The company reported $2.47 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.38. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. Teradyne’s revenue for the quarter was up 103.9% on a year-over-year basis. During the same period last year, the business earned $0.57 EPS. On average, research analysts anticipate that Teradyne, Inc. will post 9.1 EPS for the current fiscal year.

Insider Buying and Selling at Teradyne

In related news, insider Shannon John Poulin sold 656 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $355.00, for a total value of $232,880.00. Following the completion of the transaction, the insider owned 15,722 shares in the company, valued at $5,581,310. This trade represents a 4.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at 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. Also, CEO Gregory Stephen Smith sold 4,000 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $425.00, for a total value of $1,700,000.00. Following the completion of the transaction, the chief executive officer owned 112,495 shares of the company’s stock, valued at $47,810,375. This trade represents a 3.43% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 9,664 shares of company stock valued at $3,973,133 over the last quarter. Insiders own 0.19% of the company’s stock.

Analyst Ratings Changes

TER has been the topic of a number of analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $465.00 price objective on shares of Teradyne in a research report on Tuesday, July 28th. Evercore reissued an “outperform” rating and set a $420.00 target price on shares of Teradyne in a research report on Thursday, July 30th. Zacks Research upgraded shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Morgan Stanley lifted their price target on shares of Teradyne from $387.00 to $397.00 and gave the stock an “equal weight” rating in a report on Thursday, July 30th. Finally, Citigroup upped 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. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $396.80.

Key Stories Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne benefited from renewed enthusiasm for AI spending after Bloomberg reported that Anthropic’s second-quarter revenue increased more than 14-fold. The report reinforced expectations that rapid growth in AI workloads could support demand for semiconductor test equipment and related automation. Amkor and Teradyne Shares Are Soaring, What You Need To Know
• Positive Sentiment: A Zacks comparison gave Teradyne an edge over Vertiv as an AI infrastructure investment, citing stronger earnings growth and a history of earnings surprises. That view supports the stock’s fundamental and long-term growth narrative. Vertiv vs. Teradyne: Which AI Infrastructure Stock Is the Better Buy?
• Neutral Sentiment: CEO Gregory Stephen Smith sold 4,000 shares for $1.7 million under a pre-arranged Rule 10b5-1 trading plan. Although insider selling can concern investors, the planned nature of the transaction reduces its signal, and Smith still owned 112,495 shares afterward. Teradyne CEO Insider Transaction
• Negative Sentiment: The immediate weakness is primarily macro-driven: the 30-year U.S. Treasury yield reached a 19-year high, while oil remained elevated after U.S.–Iran negotiations failed to produce a breakthrough. Higher yields can pressure richly valued growth stocks such as Teradyne. Amkor, Teradyne, and Kulicke and Soffa Shares Are Falling
• Negative Sentiment: Teradyne’s status as an AI infrastructure heavyweight amplified the market-wide selling, placing it among the S&P 500’s three biggest decliners. The move reflects valuation and sector-risk concerns more than a new deterioration in the company’s operating results. Coherent, Teradyne, and Ciena Are the S&P 500’s 3 Biggest Decliners

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.