TER TERADYNE, INC

NEUTRAL Impact: 3/10 Insider Cluster (3 insiders)
Horizon days Filed May 26, 2026 Processed 14d 13h ago
Insider cluster: 3 insiders, $3.4M total
Latest settled — T+5d ⚠ clustered
TER ▲ +4.47% at T+5d
NEUTRAL call ✓ call won +4.47% · α vs SPY +3.26% · entry $375.83 → $392.62
Next anchor: T+20d in 14d
Last close $374.69 (close Jun 8) · -0.30% from $375.83 entry
Entry anchored
May 26, 04:57 PM ET
via Databento tick
T+1d
+1.81%
call +1.81% · α +1.27%
$382.65
settled 14d ago
T+5d
+4.47%
call +4.47% · α +3.26%
$392.62
settled 8d ago
T+20d
call — · α —
in 14d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Three Teradyne insiders, including the CEO and a director, sold a total of ~$3.4M in open-market shares over a one-week window. The CEO's $2.91M sale is the dominant transaction, representing ~0.005% of the $56.1B market cap — a trivial proportion. Non-cash derivative exercises and tax-withholding transactions by the Semiconductor Test president add no economic signal. The cluster is routine in scale and lacks the materiality to suggest informed bearish conviction.

Key Financial Metrics

Direction
selling
Total Value
$3.4M
Insiders
3

Actionable Insight

The CEO's sale is the largest by dollar value, but at 0.005% of market cap it is well below the threshold for signaling concern. No insider buying to offset. Monitor next 8-K or earnings release for any fundamental change, but this cluster alone does not warrant a trading response.

Key Facts

  • CEO Smith Gregory Stephen sold 8,600 shares for ~$2.91M on 2026-05-15
  • Director MATZ MARILYN sold 400 shares for $140K on 2026-05-21
  • President Poulin Shannon John sold 1,008 shares for ~$348K on 2026-05-21 (plus derivative exercises and tax withholding)
  • Total open-market sales: ~$3.4M, or ~0.006% of Teradyne's $56.1B market cap
  • No insider open-market purchases were reported in the cluster window

Financial Impact

Total insider sales of ~$3.4M represent less than 0.01% of market cap — immaterial

insider ownershipfloat

Risk Factors

  • CEO selling ~$2.9M could be diversification or 10b5-1 plan — not necessarily bearish
  • No insider buying to provide a bullish counter-signal
  • Historical calibration shows cluster reports on TER have a negative net alpha at T+20 (-2.68% after costs), suggesting over-scoring risk

Market Snapshot

Exchange
Nasdaq
Sector
Instruments For Meas & Testing of Electricity & Elec Signals
Analyst Consensus
70% bullish (23 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-TER-1779830647282
10 reports for TER
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for TER — sortable, filterable
Type Now
May 30, 2026
10d ago
ANALYST-UPGRADE
BULLISH ★ 4/10
$345.29 $359.63▲ +4.15%▲ +1.81%$374.69 (+8.51%)
May 26, 2026
14d ago
Insider Cluster
NEUTRAL ★ 3/10
$375.83 $392.62▲ +4.47%▲ +3.26%$374.69 (−0.30%)
May 26, 2026
14d ago
Insider Cluster
NEUTRAL ★ 3/10
$375.83 $392.62▲ +4.47%▲ +3.26%$374.69 (−0.30%)
May 19, 2026
21d ago
Insider Cluster
NEUTRAL ★ 2/10
$321.40 $372.75▲ +15.98%▲ +13.73%$374.69 (+16.58%)
May 16, 2026
24d ago
ANALYST-UPGRADE
NEUTRAL ★ 3/10
$192.14 $198.34▲ +3.23%▲ +1.89%$374.69 (+95.01%)
Apr 30, 2026
5w ago
ANALYST-UPGRADE
MIXED ★ 3/10
$345.42 $354.11▲ +2.52%▲ +0.17%$374.69 (+8.47%)
Apr 16, 2026
7w ago
ANALYST-UPGRADE
MIXED ★ 5/10
$365.92 $400.99▲ +9.58%▲ +8.60%$374.69 (+2.40%)
Apr 2, 2026
9w ago
Insider Cluster
NEUTRAL ★ 3/10
$309.61 $367.99▲ +18.86%▲ +15.24%$374.69 (+21.02%)
Mar 27, 2026
10w ago
DEFA14A
NEUTRAL ★ 3/10
$295.61 $315.43▲ +6.70%▲ +2.84%$374.69 (+26.75%)
Feb 28, 2026
14w ago
Institutional Cluster
BULLISH ★ 7/10
$325.83 $296.44▼ −9.02%▼ −7.81%$374.69 (+15.00%)
Showing 10 of 10

US Market Status

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