North Dakota State Investment Board Takes Position in Teradyne, Inc. $TER

North Dakota State Investment Board purchased a new stake in Teradyne, Inc. (NASDAQ:TER) in the 4th quarter, Holdings Channel reports. The firm purchased 5,517 shares of the company’s stock, valued at approximately $1,068,000.

Several other institutional investors and hedge funds also recently made changes to their positions in TER. Wellington Management Group LLP grew its holdings in shares of Teradyne by 13,949.4% in the 3rd quarter. Wellington Management Group LLP now owns 2,036,887 shares of the company’s stock valued at $280,357,000 after buying an additional 2,022,389 shares during the period. Alkeon Capital Management LLC grew its holdings in shares of Teradyne by 48.6% in the 3rd quarter. Alkeon Capital Management LLC now owns 2,872,910 shares of the company’s stock valued at $395,427,000 after buying an additional 940,000 shares during the period. Assenagon Asset Management S.A. grew its holdings in shares of Teradyne by 3,233.4% in the 4th quarter. Assenagon Asset Management S.A. now owns 910,023 shares of the company’s stock valued at $176,144,000 after buying an additional 882,723 shares during the period. Rafferty Asset Management LLC grew its holdings in shares of Teradyne by 65.4% in the 2nd quarter. Rafferty Asset Management LLC now owns 2,166,039 shares of the company’s stock valued at $194,770,000 after buying an additional 856,540 shares during the period. Finally, Bank of America Corp DE grew its holdings in shares of Teradyne by 60.1% in the 2nd quarter. Bank of America Corp DE now owns 2,082,945 shares of the company’s stock valued at $187,298,000 after buying an additional 781,517 shares during the period. Institutional investors and hedge funds own 99.77% of the company’s stock.

Key Stories Impacting Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne reported that UltraFLEXplus shipments have more than doubled over the past nine months, signaling accelerating demand for chip-testing equipment tied to AI infrastructure. Teradyne Rides on Strong UltraFLEXplus Demand: More Upside Ahead?
• Positive Sentiment: Investors are also reacting to continued optimism around Teradyne’s post-earnings rebound, with the company’s AI, memory, and advanced test opportunities supporting the case for further upside. Teradyne jumps 6.1% as investors extend post-earnings rebound amid AI test optimism
• Positive Sentiment: Recent analyst commentary has been constructive, with firms reiterating or raising bullish ratings and price targets, which can support sentiment and keep buyers interested in the stock. Teradyne Rides on Strong UltraFLEXplus Demand: More Upside Ahead?

Insiders Place Their Bets

In related news, VP Ryan Driscoll sold 680 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $377.60, for a total value of $256,768.00. Following the completion of the transaction, the vice president directly owned 7,665 shares of the company’s stock, valued at approximately $2,894,304. This represents a 8.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 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. This represents a 6.46% decrease in their ownership of the stock. 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. 0.19% of the stock is currently owned by corporate insiders.

Teradyne Trading Up 7.1%

Shares of NASDAQ TER opened at $344.34 on Thursday. The firm has a market cap of $53.90 billion, a PE ratio of 63.77, a PEG ratio of 1.32 and a beta of 1.79. Teradyne, Inc. has a 1-year low of $75.99 and a 1-year high of $422.11. The company has a fifty day moving average price of $337.98 and a 200 day moving average price of $267.84.

Teradyne (NASDAQ:TER) last announced its earnings results on Wednesday, April 29th. The company reported $2.56 earnings per share for the quarter, topping analysts’ consensus estimates of $2.11 by $0.45. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.20 billion. Teradyne had a net margin of 22.55% and a return on equity of 31.79%. The company’s revenue for the quarter was up 87.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.75 EPS. Equities research analysts forecast that Teradyne, Inc. will post 7.09 EPS for the current year.

Teradyne Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Thursday, May 21st will be paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, May 21st. This is a boost from Teradyne’s previous quarterly dividend of $0.12. Teradyne’s dividend payout ratio (DPR) is currently 9.63%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Northland Securities reissued a “market perform” rating and issued a $270.00 price target on shares of Teradyne in a report on Wednesday, February 4th. Susquehanna increased their price objective on shares of Teradyne from $335.00 to $415.00 and gave the stock a “positive” rating in a research report on Thursday, April 9th. Bank of America boosted their price objective on shares of Teradyne from $250.00 to $260.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Morgan Stanley set a $387.00 target price on shares of Teradyne in a research note on Thursday, April 30th. Finally, Wall Street Zen raised shares of Teradyne from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. One 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. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $339.80.

Teradyne Profile

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.