Teradyne (NYSE:TER) has tumbled 4.12% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 1.22% in the last four weeks. The stocks have underperformed the S&P 500 by 2.97% during the past week but Teradyne (NYSE:TER) it has outperformed the index in 4 weeks by 0.3%.
Teradyne (NYSE:TER): The stock opened at $19.11 on Friday but the bulls could not build on the opening and the stock topped out at $19.15 for the day. The stock traded down to $18.87 during the day, due to lack of any buying support eventually closed down at $19.08 with a loss of -0.42% for the day. The stock had closed at $19.16 on the previous day. The total traded volume was 2,101,734 shares.
The company shares have dropped -7.47% from its 1 Year high price. On Apr 4, 2016, the shares registered one year high at $21.84 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $19.21 and the 200 Day Moving Average price is recorded at $19.84.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Christman Daniel W, director of Teradyne, Inc, had unloaded 3,668 shares at an average price of $18.86 in a transaction dated on May 11, 2016. The total value of the transaction was worth $69,178.
Currently the company Insiders own 0.76% of Teradyne shares according to the proxy statements. Institutional Investors own 92.77% of Teradyne shares. During last six month period, the net percent change held by insiders has seen a change of -17.85%.
Teradyne, Inc. (Teradyne) is a supplier of automatic test equipment. The Company operates in three segments: Semiconductor Test, Wireless Test and System Test. The Companys automatic test equipment products and services include semiconductor test (Semiconductor Test) systems, wireless test (Wireless Test) systems, and defense/aerospace (Defense/Aerospace) test instrumentation and systems, storage test (Storage Test) systems, and circuit-board test and inspection (Production Board Test) systems (collectively System Test). The Company has a customer base, which includes integrated device manufacturers, outsourced semiconductor assembly and test providers, wafer foundries, fabless companies that design, but contract with others for the manufacture of integrated circuits, developers of wireless devices and consumer electronics, manufacturers of circuit boards, automotive suppliers, wireless product manufacturers, storage device manufacturers, aerospace and military contractors.