Teradyne, Inc. $TER Stock Position Cut by Bouvel Investment Partners LLC

Bouvel Investment Partners LLC decreased its position in Teradyne, Inc. (NASDAQ:TER) by 27.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,048 shares of the company’s stock after selling 4,966 shares during the quarter. Bouvel Investment Partners LLC’s holdings in Teradyne were worth $5,231,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of TER. Carolina Wealth Advisors LLC grew its stake in shares of Teradyne by 42.5% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 114 shares of the company’s stock worth $55,000 after acquiring an additional 34 shares in the last quarter. Vestor Capital LLC grew its position in Teradyne by 15.4% in the first quarter. Vestor Capital LLC now owns 285 shares of the company’s stock valued at $85,000 after purchasing an additional 38 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its stake in Teradyne by 5.8% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 727 shares of the company’s stock valued at $352,000 after buying an additional 40 shares during the last quarter. Whittier Trust Co. lifted its position in Teradyne by 5.5% during the 1st quarter. Whittier Trust Co. now owns 827 shares of the company’s stock worth $261,000 after buying an additional 43 shares in the last quarter. Finally, Contravisory Investment Management Inc. lifted its position in Teradyne by 1.0% during the 2nd quarter. Contravisory Investment Management Inc. now owns 4,661 shares of the company’s stock worth $2,255,000 after buying an additional 44 shares in the last quarter. 99.77% of the stock is currently owned by institutional investors.

Teradyne Stock Down 0.9%

Shares of TER stock traded down $3.56 on Tuesday, reaching $380.29. The stock had a trading volume of 2,737,156 shares, compared to its average volume of 3,532,801. The firm’s 50-day moving average is $383.03 and its two-hundred day moving average is $373.01. The firm has a market capitalization of $59.45 billion, a price-to-earnings ratio of 52.17, a P/E/G ratio of 0.81 and a beta of 1.75. Teradyne, Inc. has a 12 month low of $135.00 and a 12 month high of $487.91.

Teradyne (NASDAQ:TER) last posted its quarterly 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 business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Teradyne had a return on equity of 39.93% and a net margin of 25.77%. Teradyne’s quarterly revenue was up 103.9% on a year-over-year basis. During the same quarter last year, the company posted $0.57 earnings per share. On average, sell-side analysts forecast that Teradyne, Inc. will post 9.11 earnings per share for the current fiscal year.

Teradyne Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 4th were given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Friday, September 4th. Teradyne’s dividend payout ratio (DPR) is presently 7.13%.

More Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Argus raised its price target for Teradyne to $488, signaling increased confidence in the company’s earnings outlook and semiconductor-test exposure. Argus raises target for Teradyne stock to USD 488.00
• Positive Sentiment: Teradyne and FormFactor announced a broad technology collaboration focused on probe, interface and automated-test technologies for AI and high-performance computing. Teradyne is also making a $300 million equity investment in FormFactor, strengthening its position in next-generation semiconductor testing. FormFactor and Teradyne Announce Strategic Collaboration
• Positive Sentiment: The company introduced the UltraFLEXplus S series for edge-AI manufacturing, emphasizing improved floor-space economics for high-mix, variable-volume production. Teradyne also expanded its Titan HP platform, which could help capture rising demand for AI-chip testing and compete more effectively with KLA and Cohu. Teradyne Introduces UltraFLEXplus S Series
• Positive Sentiment: Teradyne also launched the Magnum E2, adding to its semiconductor-test product portfolio and supporting its strategy of benefiting from AI-related testing demand. Teradyne launches Magnum E2
• Neutral Sentiment: Teradyne’s after-hours reference price was reported at €345.70, but the quote itself does not represent a new business or earnings catalyst. Teradyne stock after-hours
• Negative Sentiment: TER fell more sharply than the broader market in the prior session amid a wider selloff in semiconductor-related shares, including Lattice Semiconductor, Amkor, Himax and Kulicke & Soffa. That sector weakness is currently outweighing the positive product and partnership news. Why Teradyne fell more than the broader market

Insider Activity at Teradyne

In other news, CEO Gregory Smith sold 4,000 shares of Teradyne stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $337.83, for a total transaction of $1,351,320.00. Following the completion of the transaction, the chief executive officer directly owned 108,495 shares in the company, valued at approximately $36,652,865.85. The trade was a 3.56% 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. Corporate insiders own 0.19% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Zacks Research cut Teradyne from a “strong-buy” rating to a “hold” rating in a report on Monday, September 28th. Cantor Fitzgerald reissued an “overweight” rating and set a $550.00 price target on shares of Teradyne in a research report on Wednesday, July 29th. UBS Group increased their price target on Teradyne from $440.00 to $500.00 and gave the company a “buy” rating in a research report on Monday, July 20th. Evercore reaffirmed an “outperform” rating and set a $420.00 price target on shares of Teradyne in a research report on Thursday, July 30th. Finally, Weiss Ratings upgraded Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, September 29th. Eleven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Teradyne currently has a consensus rating of “Moderate Buy” and a consensus price target of $396.80.

About Teradyne

Teradyne, Inc is a global provider of automated test equipment and industrial automation solutions. Founded in 1960 and headquartered in North Reading, Massachusetts, the company develops systems that help manufacturers test the performance, quality, and reliability of electronic products and components.

Teradyne’s products include semiconductor test systems used to evaluate integrated circuits, memory devices, and other semiconductor components. The company also provides test solutions for wireless products, storage systems, and complex electronic systems, along with related software, services, and support.

Through its Industrial Automation segment, Teradyne offers collaborative robots from Universal Robots, autonomous mobile robots from Mobile Industrial Robots, and robotic arms and systems for manufacturing and other industrial applications.