Parnassus Investments LLC Sells 81,581 Shares of Teradyne, Inc. $TER

Parnassus Investments LLC reduced its stake in Teradyne, Inc. (NASDAQ:TER) by 35.4% during the 4th quarter, HoldingsChannel reports. The fund owned 148,827 shares of the company’s stock after selling 81,581 shares during the quarter. Parnassus Investments LLC’s holdings in Teradyne were worth $28,807,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. ARK Investment Management LLC lifted its position in Teradyne by 25.2% in the 3rd quarter. ARK Investment Management LLC now owns 2,722,327 shares of the company’s stock valued at $374,701,000 after acquiring an additional 548,140 shares in the last quarter. Nordea Investment Management AB lifted its position in Teradyne by 656.4% in the 4th quarter. Nordea Investment Management AB now owns 125,312 shares of the company’s stock valued at $24,554,000 after acquiring an additional 108,745 shares in the last quarter. Gouws Capital LLC lifted its position in Teradyne by 96.0% in the 4th quarter. Gouws Capital LLC now owns 15,323 shares of the company’s stock valued at $2,966,000 after acquiring an additional 7,505 shares in the last quarter. Aspen Wealth Strategies LLC bought a new stake in Teradyne in the 3rd quarter valued at $577,000. Finally, Assenagon Asset Management S.A. lifted its position in 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 acquiring an additional 882,723 shares in the last quarter. 99.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Zacks Research raised shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. JPMorgan Chase & Co. upgraded shares of Teradyne from a “neutral” rating to an “overweight” rating and set a $400.00 price target on the stock in a research note on Thursday, April 30th. Morgan Stanley set a $387.00 price target on shares of Teradyne in a research note on Thursday, April 30th. Robert W. Baird set a $350.00 price target on shares of Teradyne in a research note on Thursday, April 30th. Finally, Susquehanna lifted their price target on shares of Teradyne from $335.00 to $415.00 and gave the company a “positive” rating in a research note on Thursday, April 9th. One equities research 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.com, Teradyne presently has a consensus rating of “Moderate Buy” and an average target price of $339.80.

Trending Headlines about Teradyne

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne announced a collaboration with Tokyo Electron to develop an integrated test solution for AI and data center chips, strengthening its position in advanced chiplet and packaging test markets. Teradyne (TER) Just Partnered With Tokyo Electron, Here’s What That Mean For TER Stock
• Positive Sentiment: Management’s AI push appears to be gaining traction, with AI-related test demand now representing a major share of revenue and expanding opportunities in data center applications. Teradyne’s AI Push Gains Traction: Is the Growth Thesis Strengthening?
• Positive Sentiment: Teradyne Robotics showcased production-ready physical AI applications at Automate 2026, highlighting commercialization progress beyond concept-stage robotics. Teradyne Robotics Unveils Wide Range of Production-Ready Physical AI Applications at Automate 2026
• Neutral Sentiment: Some recent articles focus on valuation after the Tokyo Electron partnership, implying investors are weighing the company’s growth prospects against an already strong run in the shares. Assessing Teradyne (TER) Valuation After Tokyo Electron Partnership In AI And Data Center Chip Testing
• Negative Sentiment: Broader market pressure tied to hotter-than-expected inflation helped drag down Teradyne and other semiconductor-related names in recent trading. onsemi, Teradyne, and Penguin Solutions Shares Are Falling, What You Need To Know
• Negative Sentiment: Recent coverage also notes that TER has pulled back sharply in the short term, raising concerns that expectations may already be high. Teradyne (TER) Registers a Bigger Fall Than the Market: Important Facts to Note

Insider Transactions at Teradyne

In other news, CEO Gregory Stephen Smith sold 8,597 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $338.98, for a total transaction of $2,914,211.06. Following the transaction, the chief executive officer directly owned 124,470 shares in the company, valued at $42,192,840.60. The trade was a 6.46% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Ryan Driscoll sold 680 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $377.60, for a total transaction of $256,768.00. Following the transaction, the vice president owned 7,665 shares in the company, valued at $2,894,304. This represents a 8.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 ninety days. Insiders own 0.19% of the company’s stock.

Teradyne Trading Up 9.7%

Shares of TER stock opened at $381.40 on Friday. Teradyne, Inc. has a 1 year low of $83.00 and a 1 year high of $422.11. The firm’s fifty day moving average price is $362.42 and its two-hundred day moving average price is $290.46. The firm has a market capitalization of $59.70 billion, a P/E ratio of 70.63, a PEG ratio of 1.43 and a beta of 1.79.

Teradyne (NASDAQ:TER) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $2.56 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $1.20 billion. During the same period in the previous year, the business earned $0.75 EPS. The company’s revenue was up 87.0% compared to the same quarter last year. As a group, equities research analysts forecast that Teradyne, Inc. will post 7.09 EPS for the current fiscal year.

Teradyne Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Thursday, May 21st will be paid a dividend of $0.13 per share. The ex-dividend date is Thursday, May 21st. This represents a $0.52 annualized dividend and a dividend yield of 0.1%. This is a boost from Teradyne’s previous quarterly dividend of $0.12. Teradyne’s dividend payout ratio (DPR) is presently 9.63%.

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.