FMR LLC & Abigail Johnson Boost Teradyne Stake to 7.125%
Ticker: TER · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 97210
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, amendment, investor-confidence
TL;DR
**FMR LLC and Abigail Johnson now own 7.125% of Teradyne, signaling continued institutional confidence.**
AI Summary
FMR LLC, a major investment firm, and its CEO, Abigail P. Johnson, have updated their ownership stake in Teradyne Inc. (TER) to 7.125% of the common stock, totaling 10,892,747 shares, as of February 9, 2024. This filing indicates a slight increase in their reported beneficial ownership compared to previous filings, signaling continued confidence in the company. For investors, this means a significant institutional holder maintains a substantial position, which can be a positive indicator of long-term value.
Why It Matters
This filing shows that a major institutional investor, FMR LLC, and its leader, Abigail P. Johnson, continue to hold a significant stake in Teradyne, which can be seen as a vote of confidence in the company's future performance.
Risk Assessment
Risk Level: low — This filing indicates a stable or slightly increased institutional ownership, which generally reduces risk by showing continued investor interest.
Analyst Insight
A smart investor would view this continued significant institutional ownership by FMR LLC as a positive signal, potentially indicating long-term value and stability for Teradyne Inc. stock, and might consider further research into the company's fundamentals.
Key Numbers
- 10,892,747 — Shares Beneficially Owned (Total common stock shares of Teradyne Inc. owned by FMR LLC and Abigail P. Johnson)
- 7.125% — Percent of Class (The percentage of Teradyne Inc.'s common stock beneficially owned by FMR LLC and Abigail P. Johnson)
- 0000315066-24-001573 — Accession Number (Unique identifier for this specific SEC filing)
- 20240209 — Filed As Of Date (The date this SC 13G/A amendment was filed with the SEC)
- 880770102 — CUSIP Number (Unique identification number for Teradyne Inc.'s common stock)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person, likely CEO of FMR LLC
- TERADYNE, INC (company) — the issuer of the common stock
- North Reading, MA (company) — location of Teradyne's principal executive offices
- Boston, MA (company) — location of FMR LLC's principal business office
Forward-Looking Statements
- FMR LLC will maintain a significant stake in Teradyne Inc. for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09
- Teradyne Inc.'s stock price will experience increased stability due to strong institutional backing. (Teradyne Inc.) — medium confidence, target: 2024-08-09
FAQ
Who are the reporting persons in this SC 13G/A filing for Teradyne Inc.?
The reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of the filing for each reporting person.
What percentage of Teradyne Inc.'s common stock does FMR LLC beneficially own according to this filing?
FMR LLC beneficially owns 7.125% of Teradyne Inc.'s common stock, as indicated in Item 11 for FMR LLC and Item 4(b) for the overall ownership.
How many shares of Teradyne Inc. common stock are beneficially owned by FMR LLC and Abigail P. Johnson in total?
Both FMR LLC and Abigail P. Johnson beneficially own 10,892,747 shares of Teradyne Inc. common stock, as shown in Item 7 for both reporting persons and Item 4(a) for the overall ownership.
What is the CUSIP number for Teradyne Inc. common stock mentioned in this filing?
The CUSIP number for Teradyne Inc. common stock is 880770102, as stated in the filing's header and Item 2(e).
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed pursuant to Rule 13d-1(b), as indicated by the checked box in the filing and further explained in Item 3.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 by Abigail P. Johnson regarding TERADYNE, INC (TER).