Teradyne Inc (TER) consistently portrayed robust momentum across multiple reports, with analysts suggesting it as a strong buy considering its impressive past performances. However, Vanguard Personalized Indexing Management LLC decreased their Teradyne position, and Janney Montgomery Scott LLC increased theirs. The sizable purchase of Teradyne shares by Mitsubishi UFJ Asset Management seems to reflect the overall optimistic market sentiment. The company's stock recently reached a 52-week high and has displayed significant growth, up by 166% over the last five years. Nikko Asset Management Americas Inc and M&T Bank Corp trimmed their stock holdings in Teradyne. Teradyne showcased solid performance in Q1 2024, outperforming the market expectations, although revenues fell year/year. The strategic partnership with NVIDIA has boosted Teradyne's robotics footprint. The company also performed well in Q4 2023 amidst decline in revenues. Teradyne announced a 9% increase in its quarterly cash dividend and reported an above par performance for Q3 2024. Amidst these developments, Teradyne faced some decline with its CFO selling a substantial chunk of company's shares.
Teradyne TER News Analytics from Fri, 11 Aug 2023 07:00:00 GMT to Sun, 19 May 2024 13:54:27 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -7
