On October 1, 2024, Gregory Smith, President and Chief Executive Officer of Teradyne Inc (TER, Financial), sold 3,080 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 80,735.6368 shares of Teradyne Inc.
Teradyne Inc (TER, Financial) is a leading provider of automated test equipment. The company designs and develops test solutions for semiconductors, electronic systems, wireless devices, and more, ensuring that products perform correctly and reliably.
Over the past year, Gregory Smith has sold a total of 6,160 shares and has not purchased any shares. This recent sale is part of a broader trend within the company, where there have been 17 insider sells and only 2 insider buys over the past year.
Shares of Teradyne Inc were trading at $132.8 on the day of the sale. The company has a market cap of approximately $21.05 billion. The price-earnings ratio of the stock is 42.44, which is above both the industry median of 31.89 and the company's historical median.
The GF Value of Teradyne Inc is $97.48, indicating a price-to-GF-Value ratio of 1.36. This suggests that the stock is significantly overvalued based on its GF Value.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might be of interest to investors tracking insider behaviors and evaluating the valuation and future prospects of Teradyne Inc.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
