On August 20, 2024, Sanjay Mehta, Vice President and Chief Financial Officer of Teradyne Inc (NASDAQ:TER), sold 6,153 shares of the company. The transaction was reported in a recent SEC filing. Following this sale, the insider now owns 35,833.6369 shares of Teradyne Inc.

Teradyne Inc (NASDAQ:TER) is a leading provider of automated test equipment. The company designs and manufactures systems for testing semiconductors, electronic systems, wireless products and complex electronic components in the consumer, automotive and industrial markets.

Over the past year, the insider has sold a total of 19,639 shares and made no purchases. This recent sale is part of a broader trend seen within the company, where there were 14 insider sales and only 2 insider purchases over the past year.

Teradyne Inc. shares were trading at $133.06 on the day of the sale. The company has a market capitalization of $21.41 billion. The price-to-earnings ratio is 43.16, which is higher than both the industry median of 29.82 and the company’s historical median.

The stock is currently considered significantly overvalued according to GF Value with a price-GF Value ratio of 1.37. The GF Value of USD 96.90 is calculated taking into account historical trading multiples, an adjustment factor based on past earnings and growth, and estimates of future business development.

This insider sale could attract the attention of investors trying to understand the recent actions of high-ranking executives at Teradyne Inc., particularly as it relates to the company’s current valuation and stock performance.

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