The Exec. VP, Corp. Development of Teradyne is Exercising Options


Yesterday it was reported that the Exec. VP, Corp. Development of Teradyne (TER), Walter Vahey, exercised options to sell 7,747 TER shares at $32.54 a share, for a total transaction value of $684.7K.

Following Walter Vahey’s last TER Sell transaction on October 28, 2019, the stock climbed by 24.5%. In addition to Walter Vahey, 2 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 $704 million and quarterly net profit of $176 million. In comparison, last year the company earned revenue of $564 million and had a net profit of $97.4 million. The company has a one-year high of $90.70 and a one-year low of $42.87. TER’s market cap is $14.64 billion and the company has a P/E ratio of 24.20.

Based on 9 analyst ratings, the analyst consensus is Hold with an average price target of $83.28, reflecting a 4.9% upside.

The insider sentiment on Teradyne has been negative according to 58 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Walter Vahey’s trades have generated a -30.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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. The Semiconductor Test segment designs, manufactures, sells, and supports semiconductor test products and services which are used both for wafer level and device package testing. The Systems Test segment comprises of defense and aerospace, storage test, and production board test business unit. The Wireless Test segment designs, develops, and supports advanced wireless test equipment for the manufacturing of wireless devices such as smart phones, tablets, notebooks, laptops, personal computer peripherals, and other Wi-Fi, bluetooth, near field communication and cellular enabled devices. The Industrial Automation segment supplies collaborative robots that work side by side with production workers. The company was founded by Alexander V. d’Arbeloff and Nicholas DeWolf on September 23, 1960 and is headquartered in North Reading, MA.

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