Insider Selling in Teradyne (TER) Shares Continues

Wednesday, September 06, 2017 10:15 PM ET

Insider Selling in Teradyne (TER) Shares Continues

There was a significant sale of shares of Teradyne by an insider today, as revealed in a form 4 document filed with the SEC. One insider — Edwin J Gillis, Director — disposed of 41,000 shares in the company having a market value of approximately $1,460,830. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 45,892 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 86,892 shares and have averaged 28,964 shares per transaction over this time period.

Insider buy/sell trading at Teradyne is below the 3 peer company average over the last 90-day period. The Semiconductor Testing Equipment & Service peer group saw 11 buy/sell trades during this period for an average of 3.7 transactions per company. However, the number of shares per buy/sell trade for Teradyne is higher. Within the peer group there were 0 shares purchased and 99,364 shares sold with company insiders selling 9,033 shares on average.

Significant insider buying and selling activity has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in data used in creating and writing this story.

Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

For more information, contact UpTick at info@uptickdata.com. Copyright 2017 UpTick Data Technologies. All rights reserved.

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