Vestcor Inc Sells 5,000 Shares of Teradyne, Inc. $TER

Vestcor Inc lessened its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 21.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 17,878 shares of the company’s stock after selling 5,000 shares during the period. Vestcor Inc’s holdings in Teradyne were worth $3,460,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Stephens Inc. AR grew its holdings in shares of Teradyne by 1.2% during the fourth quarter. Stephens Inc. AR now owns 3,332 shares of the company’s stock worth $645,000 after purchasing an additional 41 shares during the last quarter. Sapient Capital LLC grew its stake in shares of Teradyne by 1.5% during the fourth quarter. Sapient Capital LLC now owns 2,849 shares of the company’s stock valued at $560,000 after purchasing an additional 43 shares during the last quarter. IFP Advisors Inc grew its stake in shares of Teradyne by 2.1% during the fourth quarter. IFP Advisors Inc now owns 2,731 shares of the company’s stock valued at $529,000 after purchasing an additional 57 shares during the last quarter. Quent Capital LLC grew its stake in shares of Teradyne by 3.8% during the fourth quarter. Quent Capital LLC now owns 1,738 shares of the company’s stock valued at $336,000 after purchasing an additional 63 shares during the last quarter. Finally, Huntington National Bank grew its stake in shares of Teradyne by 1.8% during the third quarter. Huntington National Bank now owns 3,566 shares of the company’s stock valued at $491,000 after purchasing an additional 64 shares during the last quarter. Institutional investors own 99.77% of the company’s stock.

Key Headlines Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne is being highlighted as a beneficiary of surging AI-driven test and robotics demand, with one article noting that roughly 70% of sales are tied to AI-related activity across semiconductor test, product test, and robotics. That suggests improving growth visibility and a potential long-term tailwind for the business. Article Title
• Positive Sentiment: Zacks and other industry outlook pieces point to Teradyne as one of several electronics stocks set to benefit from investments in infrastructure and expanded capacity, reinforcing a favorable sector backdrop. Article Title
• Positive Sentiment: Another industry roundup highlighted Teradyne alongside KLA and Flex, signaling continued analyst attention on the company as a leader in semiconductor equipment and testing. Article Title
• Neutral Sentiment: A Q1 earnings comparison article reviewed Teradyne’s results versus peers, following its recent report that beat expectations and showed strong year-over-year revenue growth. This keeps focus on fundamentals, but the piece itself does not appear to add a new catalyst. Article Title
• Negative Sentiment: Teradyne was also caught in a broad chip-sector selloff tied to the AVGO earnings overhang and a stronger-than-expected jobs report, which pressured semiconductor names across the market and weighed on TER sentiment in the near term. Article Title

Teradyne Stock Performance

Shares of TER stock opened at $357.93 on Friday. Teradyne, Inc. has a 52-week low of $82.90 and a 52-week high of $422.11. The stock has a market cap of $56.03 billion, a PE ratio of 66.28, a PEG ratio of 1.47 and a beta of 1.79. The firm’s 50 day moving average price is $356.27 and its two-hundred day moving average price is $283.83.

Teradyne (NASDAQ:TER) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $2.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.11 by $0.45. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. The firm had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same period 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, sell-side analysts predict that Teradyne, Inc. will post 7.09 earnings per share for the current fiscal year.

Teradyne Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Thursday, May 21st will be given a dividend of $0.13 per share. This is a positive change from Teradyne’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, May 21st. Teradyne’s payout ratio is 9.63%.

Insider Activity

In related news, insider Shannon John Poulin sold 1,008 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $345.37, for a total value of $348,132.96. Following the sale, the insider directly owned 15,066 shares of the company’s stock, valued at approximately $5,203,344.42. The trade was a 6.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 8,597 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $338.98, for a total value 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 ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 10,941 shares of company stock worth $3,751,992 in the last 90 days. Corporate insiders own 0.19% of the company’s stock.

Analyst Ratings Changes

TER has been the topic of several research analyst reports. Weiss Ratings raised shares of Teradyne from a “hold (c)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. Evercore set a $370.00 price target on shares of Teradyne in a research note on Thursday, April 30th. Robert W. Baird set a $350.00 price target on Teradyne in a report on Thursday, April 30th. Wall Street Zen upgraded Teradyne from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Finally, Zacks Research upgraded Teradyne from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $339.80.

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.