Teradyne president & CEO Smith sells $1.7m in shares

Teradyne's CEO, Gregory Stephen Smith, disposed of 4,000 shares of the company's stock on August 17, 2026. The transactions amounted to $1,700,000, with shares sold at $425.00 each. This sale comes after a significant stock performance, with shares delivering a 302% return over the past year, trading at $399.61 per share. Analysts note the stock is overvalued, trading at a P/E ratio of 54.58.

Smith's sales were made according to a pre-arranged trading plan, adopted on February 12, 2026, to comply with Rule 10b5-1 under the Securities Exchange Act of 1934. After the sale, Smith still holds 112,495.4075 shares of Teradyne common stock. Additionally, Teradyne reported strong second-quarter results, surpassing Wall Street expectations due to increased demand in artificial intelligence and data-center spending.

The company's non-GAAP earnings were $2.47 per share, with revenue reaching $1.33 billion. These results mark the second consecutive quarter of record revenue for Teradyne, highlighting the growing importance of AI and data-center investments in driving financial performance. No analyst upgrades or downgrades were reported following these earnings.