Teradyne, Inc’s recently made public that its President and CEO Smith Gregory Stephen unloaded Company’s shares for reported $0.4 million on Dec 16 ’24. In the deal valued at $130.00 per share,3,080 shares were sold. As a result of this transaction, Smith Gregory Stephen now holds 77,656 shares worth roughly $9.84 million.
Then, Smith Gregory Stephen bought 3,080 shares, generating $400,400 in total proceeds.
Before that, JOHNSON MERCEDES sold 625 shares. Teradyne, Inc shares valued at $68,775 were divested by the Director at a price of $110.04 per share. As a result of the transaction, JOHNSON MERCEDES now holds 14,643 shares, worth roughly $1.86 million.
JP Morgan upgraded its Teradyne, Inc [TER] rating to an Overweight from a a Neutral in a research note published on December 16, 2024; the price target was increased to $158 from $145. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who increased its forecast for the stock in mid August from “a Neutral” to “an Overweight”. Craig Hallum also remained covering TER and has decreased its forecast on July 26, 2024 with a “Hold” recommendation from previously “Buy” rating. Northland Capital revised its rating on July 18, 2024. It rated TER as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of TER
On Monday, Teradyne, Inc [NASDAQ:TER] saw its stock fall -1.43% to $126.70. Over the last five days, the stock has gained 0.60%. Teradyne, Inc shares have risen nearly 16.75% since the year began. Nevertheless, the stocks have risen 14.72% over the past one year. While a 52-week high of $163.21 was reached on 07/16/24, a 52-week low of $92.29 was recorded on 01/31/24. SMA at 50 days reached $115.25, while 200 days put it at $125.78.
Levels Of Support And Resistance For TER Stock
The 24-hour chart illustrates a support level at 124.83, which if violated will result in even more drops to 122.95. On the upside, there is a resistance level at 128.42. A further resistance level may holdings at 130.13. The Relative Strength Index (RSI) on the 14-day chart is 59.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.10, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 38.59%. Stochastics %K at 73.41% 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 2024-12-13, growing by 2.12 million shares to a total of 5.61 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.49 million shares. There was a rise of 37.76%, which implies that there is a positive sentiment for the stock.
