Today, a Director at Teradyne, Michael A. Bradley, exercised options of Teradyne for $178K.
This is Bradley’s first Buy trade following 7 Sell transactions. Following this transaction Michael A. Bradley’s holding in the company was increased by 4.79% to a total of $3.96 million.
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Based on Teradyne’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $487 million and quarterly net profit of $86.97 million. In comparison, last year the company earned revenue of $457 million and had a net profit of $85.22 million. TER’s market cap is $7.17B and the company has a P/E ratio of 28.65. Currently, Teradyne has an average volume of 2.73M.
16 different firms, including Merrill Lynch and Citigroup, currently also have a Buy rating on the stock. Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $44.83, reflecting a -18.2% downside. Starting in April 2018, TER received 4 Buy ratings in a row.
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Teradyne, Inc. engages in the supply of automation equipment for test and industrial applications. It operates through the following segments: Semiconductor Test, System Test, Wireless Test, and Industrial Automation.
