Rhumbline Advisers reduced its stake in Teradyne, Inc. by 2.6% in the third quarter, selling 7,814 shares, but still holds 296,858 shares valued at approximately $40.86 million. Institutional investors collectively own nearly 99.77% of the company. Analysts have issued “buy” ratings and increased price targets for Teradyne, which recently reported strong quarterly results with EPS and revenue significantly beating expectations and guided for strong Q1 earnings.
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Rhumbline Advisers Sells 7,814 Shares of Teradyne, Inc. $TER
Rhumbline Advisers reduced its stake in Teradyne, Inc. by 2.6% in the third quarter, selling 7,814 shares, but still holds 296,858 shares valued at approximately $40.86 million. Institutional investors collectively own nearly 99.77% of the company. Analysts have issued “buy” ratings and increased price targets for Teradyne, which recently reported strong quarterly results with EPS and revenue significantly beating expectations and guided for strong Q1 earnings.