Insider Sale: Director Mercedes Johnson Sells Shares of Teradyne Inc (TER)

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Oct 04, 2024
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On October 1, 2024, Mercedes Johnson, Director at Teradyne Inc (TER, Financial), sold 625 shares of the company, according to the SEC Filing. Following this transaction, the insider now owns 15,893 shares of Teradyne Inc.

Teradyne Inc (TER, Financial) is a leading provider of automated test equipment. The company designs and manufactures systems used to test semiconductors, electronic systems, wireless products, and complex electronic components in the consumer electronics, telecommunications, automotive, and industrial sectors.

Over the past year, Mercedes Johnson has sold a total of 3,750 shares and has not made any purchases of the stock. The insider transaction history for Teradyne Inc shows a trend with 2 insider buys and 17 insider sells over the past year.

On the date of the latest sale, shares of Teradyne Inc were trading at $132.8, giving the company a market cap of approximately $21.05 billion. The price-earnings ratio of the company stands at 42.44, which is above both the industry median of 31.89 and the company's historical median.

The current stock price relative to the GF Value of $97.48 suggests that Teradyne Inc is significantly overvalued, with a price-to-GF-Value ratio of 1.36.

The GF Value is calculated based on historical 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.

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This insider sale might be of interest to investors tracking insider behaviors and evaluating the valuation metrics 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.