A Director at Teradyne is Exercising Options


Today it was reported that a Director at Teradyne (TER), Michael A. Bradley, exercised options to buy 4,849 TER shares at $48.12 a share, for a total transaction value of $233.3K.

Following this transaction Michael A. Bradley’s holding in the company was increased by 6.55% to a total of $3.8 million. In addition to Michael A. Bradley, 3 other TER executives reported Buy trades in the last month.

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Based on Teradyne’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $494 million and quarterly net profit of $109 million. In comparison, last year the company earned revenue of $487 million and had a net profit of $86.97 million. TER’s market cap is $8.46B and the company has a P/E ratio of 18.81. Currently, Teradyne has an average volume of 95.23K.

Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $50.00, reflecting a 5.6% upside. Three different firms, including KeyBanc and Robert W. Baird, currently also have a Buy rating on the stock.

In the last 30 days, insiders have sold $4.52M worth of TER shares and purchased $233.3K worth of TER shares. The insider sentiment on Teradyne has been negative according to 28 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Teradyne, Inc. supplies automation equipment for test and industrial applications. It operates through the following segments: Semiconductor Test, System Test, Wireless Test, and Industrial Automation.

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