Teradyne, Inc.’s filing revealed that its President, Semiconductor Test Burns Richard John unloaded Company’s shares for reported $0.1 million on Oct 01 ’24. In the deal valued at $132.80 per share,789 shares were sold. As a result of this transaction, Burns Richard John now holds 21,864 shares worth roughly $2.88 million.
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Then, Burns Richard John sold 191 shares, generating $24,769 in total proceeds. Upon selling the shares at $129.68, the President, Semiconductor Test now owns 21,315 shares.
Before that, Smith Gregory Stephen sold 3,080 shares. Teradyne, Inc. shares valued at $409,024 were divested by the President and CEO at a price of $132.80 per share. As a result of the transaction, Smith Gregory Stephen now holds 80,736 shares, worth roughly $10.65 million.
Cantor Fitzgerald upgraded its Teradyne, Inc. [TER] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who decreased its forecast for the stock in late July from “a Buy” to “a Hold”. Northland Capital also remained covering TER and has decreased its forecast on July 18, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. Goldman revised its rating on May 20, 2024. It rated TER as “a Buy” which previously was an “a Neutral”.
Price Performance Review of TER
On Friday, Teradyne, Inc. [NASDAQ:TER] saw its stock jump 2.30% to $131.91. Over the last five days, the stock has gained 1.08%. Teradyne, Inc. shares have risen nearly 21.55% since the year began. Nevertheless, the stocks have risen 32.49% over the past one year. While a 52-week high of $163.21 was reached on 07/16/24, a 52-week low of $81.07 was recorded on 01/31/24. SMA at 50 days reached $128.89, while 200 days put it at $122.42.
Levels Of Support And Resistance For TER Stock
The 24-hour chart illustrates a support level at 129.40, which if violated will result in even more drops to 126.88. On the upside, there is a resistance level at 133.33. A further resistance level may holdings at 134.74. The Relative Strength Index (RSI) on the 14-day chart is 52.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.42%. Stochastics %K at 27.17% 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 2024-09-30, growing by 0.55 million shares to a total of 4.47 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 3.92 million shares. There was a rise of 12.26%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 16, 2024 when Evercore ISI began covering the stock and recommended ‘”an Outperform”‘ rating along with a $130 price target.
