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 $1.4 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 $3.05 million.
Evercore ISI initiated its Teradyne, Inc. [TER] rating to an Outperform in a research note published on April 16, 2024; the price target was $130. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in mid February from “an Underweight” to “a Neutral”. Cantor Fitzgerald began covering TER with “Neutral” recommendation on January 23, 2024. BofA Securities revised its rating on December 15, 2023. It rated TER as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of TER
On Monday, Teradyne, Inc. [NASDAQ:TER] saw its stock jump 1.87% to $97.76. Over the last five days, the stock has lost -6.38%. Teradyne, Inc. shares have fallen nearly -9.92% since the year began. Nevertheless, the stocks have fallen -1.66% 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 $105.06, while 200 days put it at $101.71. A total of 2.29 million shares were traded, compared to the trading of 2.92 million shares in the previous session.
Levels Of Support And Resistance For TER Stock
The 24-hour chart illustrates a support level at 96.41, which if violated will result in even more drops to 95.05. On the upside, there is a resistance level at 98.91. A further resistance level may holdings at 100.05. The Relative Strength Index (RSI) on the 14-day chart is 37.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.32%. Stochastics %K at 4.99% indicates the stock is a buying.
