Teradyne executive sells $49,047 in stock

Richard John Burns, President of Semiconductor Test at Teradyne, Inc. (NASDAQ:TER), a company currently valued at $19.84 billion with a "GOOD" InvestingPro Financial Health rating, recently sold 407 shares of the company’s common stock. The shares were sold on January 28, 2025, at an average price of $120.51, totaling approximately $49,047. This transaction was conducted under a pre-established sales plan compliant with Rule 10b5-1. Following this sale, Burns holds 20,763.7519 shares of Teradyne’s common stock. According to InvestingPro analysis, the stock appears to be trading above its Fair Value, with a P/E ratio of 37.09x.

In a separate transaction on January 27, 2025, 420 shares were withheld to satisfy tax obligations related to the vesting of restricted stock units, valued at $120.27 each, totaling $50,513. For deeper insights into insider transactions and access to 11 additional ProTips about Teradyne’s valuation and financial health, visit InvestingPro.

In other recent news, Teradyne, a semiconductor testing equipment maker, has been the focus of several analyst adjustments. Cantor Fitzgerald maintained an Overweight rating on Teradyne with a steady price target of $160.00, while Morgan Stanley (NYSE:MS) downgraded Teradyne’s stock to Underweight. Northland Securities and JPMorgan both upgraded Teradyne’s stock outlook, expressing confidence in the company’s growth potential. However, Craig-Hallum reduced its price target for Teradyne due to mixed performance across its business segments.

Teradyne’s third-quarter results surpassed its sales guidance with revenues of $737 million and non-GAAP earnings per share at $0.90. The company’s revenue growth is anticipated to accelerate, with revenues predicted to reach approximately $4.4 billion in 2026.

Ford (NYSE:F) Tamer, a member of Teradyne’s Board of Directors, announced his decision to not stand for re-election at the upcoming annual shareholders meeting in 2025 due to his recent appointment as CEO of Lattice (OTC:LTTC) Semiconductor Corporation. These are recent developments that could have significant implications for Teradyne’s future performance.

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