Teradyne, Inc. $TER Shares Sold by Net Worth Advisory Group

Net Worth Advisory Group lowered its position in shares of Teradyne, Inc. (NASDAQ:TER) by 83.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 677 shares of the company’s stock after selling 3,468 shares during the quarter. Net Worth Advisory Group’s holdings in Teradyne were worth $282,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Community Financial Services Group LLC bought a new position in shares of Teradyne in the second quarter worth approximately $29,000. Elevation Wealth Partners LLC raised its position in shares of Teradyne by 1,320.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 71 shares of the company’s stock valued at $34,000 after purchasing an additional 66 shares during the period. Mcdonald Partners LLC bought a new stake in shares of Teradyne during the 2nd quarter valued at $36,000. Hilltop National Bank bought a new stake in shares of Teradyne during the 2nd quarter valued at $41,000. Finally, McIlrath & Eck LLC bought a new stake in shares of Teradyne during the 1st quarter valued at $30,000. Hedge funds and other institutional investors own 99.77% of the company’s stock.

Teradyne News Roundup

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Physical-AI partnership expands growth opportunity: Teradyne Robotics is partnering with Sereact to deploy AI-enabled robotic systems for difficult-to-automate retail and logistics tasks, including processing fashion returns. The collaboration could support adoption of Teradyne’s Universal Robots and Mobile Industrial Robots platforms. Teradyne Robotics and Sereact Partner to Scale Physical AI Solutions for Retail and Logistics
• Positive Sentiment: UBS sets a significantly higher price target: UBS reportedly established a $485 target for Teradyne, providing bullish support and signaling confidence in the company’s semiconductor-test and automation exposure. Teradyne Inc. stock: UBS sets USD 485.00 target pre-market
• Positive Sentiment: Strong earnings momentum raises expectations: Teradyne’s latest quarter significantly exceeded consensus estimates, with revenue up more than 100% year over year. Investors will look for continued strength in semiconductor test and robotics demand in the upcoming report. Teradyne stock: October 27 results put Teradyne stock to the test
• Neutral Sentiment: Analyst sentiment remains favorable but valuation is elevated: Teradyne has a consensus “Moderate Buy” rating and an average target of $396.80, although its high earnings multiple leaves the stock sensitive to any earnings or guidance disappointment.
• Negative Sentiment: Insider selling adds a modest cautionary signal: CEO Gregory Smith sold 4,000 shares worth approximately $1.37 million. The transaction occurred under a pre-arranged Rule 10b5-1 plan, reducing its significance, but it follows additional sales by the CEO.

Insiders Place Their Bets

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

Analysts Set New Price Targets

Several research analysts recently weighed in on TER shares. UBS Group upped their target price on shares of Teradyne from $440.00 to $500.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $550.00 price target on shares of Teradyne in a research note on Wednesday, July 29th. Weiss Ratings raised Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, September 29th. Zacks Research downgraded Teradyne from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Finally, Susquehanna upped their price objective on Teradyne from $415.00 to $550.00 and gave the stock a “positive” rating in a research note on Tuesday, June 30th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $396.80.

Teradyne Price Performance

Shares of TER opened at $345.49 on Thursday. Teradyne, Inc. has a 1 year low of $135.83 and a 1 year high of $487.91. The company has a 50 day simple moving average of $377.45 and a two-hundred day simple moving average of $375.23. The firm has a market cap of $54.01 billion, a P/E ratio of 47.39, a price-to-earnings-growth ratio of 0.68 and a beta of 1.75.

Teradyne (NASDAQ:TER) last released its quarterly earnings data on Wednesday, July 29th. The company reported $2.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.38. Teradyne had a net margin of 25.77% and a return on equity of 39.93%. The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter last year, the business posted $0.57 earnings per share. The company’s revenue for the quarter was up 103.9% compared to the same quarter last year. On average, sell-side analysts anticipate that Teradyne, Inc. will post 9.11 earnings per share for the current year.

Teradyne Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 4th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, September 4th. Teradyne’s dividend payout ratio (DPR) is presently 7.13%.

About Teradyne

Teradyne, Inc develops and supplies automated test equipment and industrial automation products. Its systems help manufacturers test the functionality, performance, and reliability of semiconductor devices, electronic systems, wireless products, and other complex products throughout the production process.

The company’s product portfolio includes semiconductor test systems, memory and system-level test equipment, and solutions for printed circuit boards and electronic products. Teradyne also provides collaborative robots through Universal Robots and autonomous mobile robots through Mobile Industrial Robots (MiR), supporting applications such as assembly, material handling, machine tending, packaging, and warehouse logistics.

Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne serves customers worldwide, including semiconductor manufacturers, electronics producers, automotive companies, and industrial businesses.