The President of LitePoint Corp. of Teradyne (TER) is Selling Shares


Yesterday, the President of LitePoint Corp. of Teradyne (TER), Brad Robbins, sold shares of TER for $494.6K.

Following Brad Robbins’ last TER Sell transaction on October 30, 2017, the stock climbed by 7.0%. In addition to Brad Robbins, 3 other TER executives reported Sell 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 $8.62B and the company has a P/E ratio of 19.16. Currently, Teradyne has an average volume of 2.02M.

Based on 7 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $50.00, reflecting a 1.8% upside.

The insider sentiment on Teradyne has been negative according to 27 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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