BlackRock Amends Teradyne Stake, Signals Passive Investment Update
Ticker: TER · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 97210
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its passive stake in Teradyne, nothing major to see here.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, indicating a change in its ownership of Teradyne Inc. common stock as of December 31, 2023. This amendment, the 13th for BlackRock regarding Teradyne, updates their passive investment position. This matters to investors because BlackRock is a major institutional investor, and changes in their holdings can signal shifts in their confidence or strategy regarding Teradyne's future performance.
Why It Matters
Large institutional investors like BlackRock can influence stock prices through their buying and selling activity, and their updated holdings provide transparency into their investment decisions.
Risk Assessment
Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate significant risk or opportunity.
Analyst Insight
Investors should note that BlackRock, a major institutional holder, is maintaining a passive investment stance in Teradyne Inc. and this filing is a routine update, not signaling any aggressive activist intent or significant change in strategy.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Teradyne Inc. (company) — the subject company whose stock is being reported
- December 31, 2023 (date) — the date of the event requiring this filing
- January 24, 2024 (date) — the date the SC 13G/A was filed
- 880770102 (number) — the CUSIP number for Teradyne Inc. Common Stock
FAQ
What type of filing is this and who filed it?
This is an SC 13G/A filing, which is an amendment to a Schedule 13G, filed by BlackRock Inc. regarding its ownership in Teradyne Inc.
What is the purpose of an SC 13G/A filing?
An SC 13G/A is an amendment to a Schedule 13G, used by passive institutional investors to report their beneficial ownership of 5% or more of a company's stock, or to update previous filings when their ownership changes.
What is the 'Date of Event Which Requires Filing of this Statement' according to the document?
The 'Date of Event Which Requires Filing of this Statement' is December 31, 2023.
Which rule under the Securities Exchange Act of 1934 is designated for this filing?
The filing designates Rule 13d-1(b) under the Securities Exchange Act of 1934.
What is the CUSIP number for Teradyne Inc. Common Stock mentioned in the filing?
The CUSIP number for Teradyne Inc. Common Stock is 880770102.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding TERADYNE, INC (TER).