Kornitzer Capital Management Inc. KS Invests $4.79 Million in Teradyne, Inc. $TER

·15 Aug
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Kornitzer Capital Management Inc. KS recently acquired a new stake of 9,900 shares, valued at approximately $4.79 million, in Teradyne, Inc. (NASDAQ:TER) during the second quarter. Other institutional investors have also adjusted their positions in the company, which reported strong quarterly earnings, beating consensus estimates with $2.47 EPS and $1.33 billion in revenue. Analysts generally maintain a "Moderate Buy" rating for Teradyne, with a consensus target price of $396.80, while some insiders have sold shares to cover tax obligations.

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