Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Teradyne, Inc shares valued at $68,775 were sold by JOHNSON MERCEDES on Dec 02 ’24. At $110.04 per share, JOHNSON MERCEDES sold 625 shares. The insider’s holdings dropped to 14,643 shares worth approximately $1.71 million following the completion of this transaction.
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Also, JOHNSON MERCEDES purchased 625 shares, netting a total of over 68,775 in proceeds.
Before that, JOHNSON MERCEDES had sold 625 shares from its account. In a trade valued at $69,638, the Director traded Teradyne, Inc shares for $111.42 each. Upon closing the transaction, the insider’s holdings decreased to 625 shares, worth approximately $1.78 million.
As published in a research note from Cantor Fitzgerald on August 16, 2024, Teradyne, Inc [TER] has been rated up from a Neutral to an Overweight and the price target has been revised to $16. Analysts at Craig Hallum downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late July. As of July 18, 2024, Northland Capital has decreased its “an Outperform” rating to a “Market perform” for TER. Earlier on May 20, 2024, Goldman upgraded its rating. Their new recommendation was “a Buy” for TER stock which previously was a “a Neutral”.
Analyzing TER Stock Performance
During the last five days, there has been a surge of approximately 7.18%. Over the course of the year, Teradyne, Inc shares have jumped approximately 7.71%. Shares of the company reached a 52-week high of $163.21 on 07/16/24 and a 52-week low of $92.29 on 01/31/24. A 50-day SMA is recorded $117.49, while a 200-day SMA reached $124.08. Nevertheless, trading volume fell to 2.39 million shares from 37593.0 shares the previous day.
Support And Resistance Levels for Teradyne, Inc (TER)
According to the 24-hour chart, there is a support level at 115.00, which, if violated, would cause prices to drop to 113.10. In the upper region, resistance lies at 118.45. The next price resistance is at 120.00. RSI (Relative Strength Index) is 60.19 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.85, which suggests the price will increase in the coming days. Percent R is at 7.52%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
