Eos Energy CAO, Puri, sells $103k in EOSE stock
Ryan Driscoll, Vice President, General Counsel, and Secretary of Teradyne, Inc. (NASDAQ:TER), a $19.8 billion market cap company trading at $122.05, recently sold 107 shares of the company’s common stock. The sale, conducted on January 28, 2025, was executed at a price of $120.51 per share, totaling approximately $12,894. According to InvestingPro analysis, the stock is currently trading above its Fair Value with a P/E ratio of 37x. This transaction was part of a pre-established sales plan under Rule 10b5-1, adopted on August 7, 2024.
Additionally, on January 27, 2025, Driscoll had 114 shares withheld by Teradyne to cover tax obligations related to the vesting of restricted stock units. These shares were valued at $120.27 each, amounting to $13,710. The company maintains strong financial health with a current ratio of 3.09, indicating robust liquidity management.
Following these transactions, Driscoll holds 4,983.9602 shares of Teradyne stock. The transactions reflect routine financial management by the executive under a structured plan. InvestingPro subscribers can access 11 additional key insights about Teradyne’s valuation and financial health, along with a comprehensive Pro Research Report offering deep-dive analysis of the company’s performance and outlook.
In other recent news, Teradyne has been the focus of various analyst assessments. Cantor Fitzgerald retained its Overweight rating for Teradyne, with a steady price target of $160. The firm anticipates an engaging earnings call with several forecasts expected to be presented. Revenue and earnings per share estimates for 2025 are tracking close to $3.3 billion and $4.25, respectively. However, Morgan Stanley (NYSE:MS) downgraded Teradyne’s rating to Underweight, citing diminishing market share and competition.
In contrast, Northland Securities and JPMorgan both upgraded Teradyne’s stock outlook, expressing confidence in the company’s growth potential. Moreover, 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 due to his recent appointment as CEO of Lattice (OTC:LTTC) Semiconductor Corporation. The company’s third-quarter results surpassed its sales guidance with revenues of $737 million and non-GAAP earnings per share at $0.90.
These are recent developments for Teradyne, reflecting a dynamic period as it navigates market challenges and capitalizes on growth opportunities. The company’s revenue growth is expected to accelerate, with revenues predicted to reach approximately $4.4 billion in 2026. The demand for Teradyne’s testers is anticipated to increase into 2025 and 2026, coinciding with the semiconductor industry’s gradual adoption of more advanced and costly 2nm node technology.
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