Franklin Street Advisors Inc. NC Purchases 2,829 Shares of Teradyne, Inc. $TER

Franklin Street Advisors Inc. NC grew its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 5.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,410 shares of the company’s stock after acquiring an additional 2,829 shares during the period. Teradyne accounts for approximately 1.4% of Franklin Street Advisors Inc. NC’s investment portfolio, making the stock its 21st biggest holding. Franklin Street Advisors Inc. NC’s holdings in Teradyne were worth $24,874,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd bought a new stake in shares of Teradyne during the 4th quarter valued at about $28,000. McIlrath & Eck LLC acquired a new stake in Teradyne during the first quarter worth approximately $30,000. Elevation Wealth Partners LLC increased its holdings in Teradyne by 1,320.0% in the second quarter. Elevation Wealth Partners LLC now owns 71 shares of the company’s stock worth $34,000 after purchasing an additional 66 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in Teradyne in the second quarter worth approximately $35,000. Finally, University of Texas Texas AM Investment Management Co. acquired a new position in Teradyne in the fourth quarter valued at approximately $41,000. 99.77% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Gregory Stephen Smith sold 8,597 shares of Teradyne 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 completion of the transaction, the chief executive officer directly owned 124,470 shares in the company, valued at $42,192,840.60. This trade represents a 6.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Shannon John Poulin sold 1,008 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $345.37, for a total transaction of $348,132.96. Following the completion of the sale, the insider owned 15,066 shares in the company, valued at $5,203,344.42. This represents a 6.27% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders sold 14,261 shares of company stock worth $5,187,344 over the last ninety days. Insiders own 0.19% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on TER. Robert W. Baird set a $420.00 price target on Teradyne in a report on Thursday, July 30th. UBS Group lifted their price objective on shares of Teradyne from $440.00 to $500.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Stifel Nicolaus boosted their target price on shares of Teradyne from $325.00 to $390.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Zacks Research raised shares of Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Finally, Evercore restated an “outperform” rating and issued a $420.00 price target on shares of Teradyne in a report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Teradyne has a consensus rating of “Moderate Buy” and an average price target of $396.80.

Teradyne Stock Performance

Shares of Teradyne stock opened at $379.31 on Monday. Teradyne, Inc. has a 52 week low of $104.58 and a 52 week high of $487.91. The stock has a 50 day moving average price of $383.46 and a two-hundred day moving average price of $343.36. The stock has a market capitalization of $59.30 billion, a PE ratio of 52.03, a price-to-earnings-growth ratio of 0.77 and a beta of 1.78.

Teradyne (NASDAQ:TER) last issued its earnings results on Tuesday, July 28th. The company reported $2.47 earnings per share for the quarter, topping analysts’ consensus estimates of $2.09 by $0.38. Teradyne had a return on equity of 39.93% and a net margin of 25.77%.The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period in the prior year, the firm earned $0.57 earnings per share. Teradyne’s revenue for the quarter was up 103.9% on a year-over-year basis. Teradyne has set its Q3 2026 guidance at 1.850-2.150 EPS. Research analysts forecast that Teradyne, Inc. will post 9.1 EPS for the current year.

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.