In a filing, Teradyne, Inc. revealed its Director MATZ MARILYN acquired Company’s shares for reported $1414.0 on Mar 15 ’24. In the deal valued at $106.04 per share,13 shares were bought. As a result of this transaction, MATZ MARILYN now holds 14,326 shares worth roughly $1.54 million.
Then, MADDOCK ERNEST E bought 1,000 shares, generating $94,070 in total proceeds. Upon buying the shares at $94.07, the Director now owns 4,728 shares.
Before that, Mehta Sanjay sold 8,653 shares. Teradyne, Inc. shares valued at $909,424 were divested by the VP and Chief Financial Officer at a price of $105.10 per share. As a result of the transaction, Mehta Sanjay now holds 31,180 shares, worth roughly $3.36 million.
JP Morgan upgraded its Teradyne, Inc. [TER] rating to a Neutral from a an Underweight in a research note published on February 15, 2024; the price target was increased to $100 from $90. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in late January with a ‘”a Neutral”‘ rating. BofA Securities also remained covering TER and has decreased its forecast on December 15, 2023 with a “an Underperform” recommendation from previously “Neutral” rating. Northland Capital revised its rating on September 26, 2023. It rated TER as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of TER
On Monday, Teradyne, Inc. [NASDAQ:TER] saw its stock jump 0.51% to $107.82. Over the last five days, the stock has lost -4.54%. Teradyne, Inc. shares have fallen nearly -0.65% since the year began. Nevertheless, the stocks have risen 6.51% over the past one year. While a 52-week high of $119.20 was reached on 04/01/24, a 52-week low of $81.07 was recorded on 01/31/24. SMA at 50 days reached $104.17, while 200 days put it at $101.94. A total of 1.15 million shares were traded, compared to the trading of 0.18 million shares in the previous session.
Levels Of Support And Resistance For TER Stock
The 24-hour chart illustrates a support level at 107.27, which if violated will result in even more drops to 106.72. On the upside, there is a resistance level at 108.76. A further resistance level may holdings at 109.71. The Relative Strength Index (RSI) on the 14-day chart is 51.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.59%. Stochastics %K at 41.35% indicates the stock is a holding.
How much short interest is there in Teradyne, Inc.?
A steep rise in short interest was recorded in Teradyne, Inc. stocks on Mar 15, 2024, growing by 0.44 million shares to a total of 5.43 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 4.99 million shares. There was a rise of 8.1%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 4.04% of the overall stock float, the days-to-cover ratio (short ratio) rose to 3.23.
