Empirical Asset Management LLC Invests $854,000 in Teradyne, Inc. $TER

Empirical Asset Management LLC acquired a new stake in shares of Teradyne, Inc. (NASDAQ:TER) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 1,765 shares of the company’s stock, valued at approximately $854,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TER. Integrated Wealth Concepts LLC grew its holdings in shares of Teradyne by 12.8% during the first quarter. Integrated Wealth Concepts LLC now owns 4,136 shares of the company’s stock worth $342,000 after purchasing an additional 468 shares in the last quarter. Caxton Associates LLP bought a new stake in Teradyne during the first quarter valued at approximately $297,000. Cresset Asset Management LLC lifted its position in Teradyne by 11.6% during the second quarter. Cresset Asset Management LLC now owns 6,759 shares of the company’s stock valued at $608,000 after purchasing an additional 702 shares during the last quarter. NewEdge Advisors LLC grew its stake in Teradyne by 467.1% in the 2nd quarter. NewEdge Advisors LLC now owns 3,408 shares of the company’s stock worth $306,000 after buying an additional 2,807 shares in the last quarter. Finally, Treasurer of the State of North Carolina grew its stake in Teradyne by 5.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 75,125 shares of the company’s stock worth $6,755,000 after buying an additional 3,651 shares in the last quarter. 99.77% of the stock is currently owned by hedge funds and other institutional investors.

Teradyne Trading Down 8.8%

NASDAQ TER opened at $404.29 on Wednesday. Teradyne, Inc. has a 1-year low of $106.30 and a 1-year high of $487.91. The stock has a 50-day moving average of $386.33 and a 200-day moving average of $351.73. The firm has a market cap of $63.21 billion, a PE ratio of 55.46, a price-to-earnings-growth ratio of 0.85 and a beta of 1.78.

Teradyne (NASDAQ:TER) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $2.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.38. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period last year, the company earned $0.57 EPS. Teradyne’s revenue for the quarter was up 103.9% compared to the same quarter last year. As a group, equities research analysts forecast that Teradyne, Inc. will post 9.1 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Gregory Stephen Smith sold 4,000 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $425.00, for a total transaction of $1,700,000.00. Following the completion of the sale, the chief executive officer owned 112,495 shares of the company’s stock, valued at approximately $47,810,375. This represents a 3.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 656 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $355.00, for a total transaction of $232,880.00. Following the sale, the insider directly owned 15,722 shares of the company’s stock, valued at $5,581,310. The trade was a 4.01% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 9,664 shares of company stock valued at $3,973,133. Insiders own 0.19% of the company’s stock.

Analyst Ratings Changes

TER has been the topic of several research reports. JPMorgan Chase & Co. upgraded shares of Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 price objective on the stock in a research report on Thursday, April 30th. Stifel Nicolaus upped their target price on shares of Teradyne from $325.00 to $390.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. UBS Group increased their target price on Teradyne from $440.00 to $500.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Citigroup raised their price target on Teradyne from $325.00 to $400.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Finally, Morgan Stanley upped their price objective on Teradyne from $387.00 to $397.00 and gave the stock an “equal weight” rating in a report on Thursday, July 30th. One investment 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 stock. According to MarketBeat.com, Teradyne presently has a consensus rating of “Moderate Buy” and a consensus price target of $396.80.

Key Teradyne News

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

Teradyne Company 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.