Intact Investment Management Inc. Reduces Stake in Teradyne, Inc. $TER
Intact Investment Management Inc. significantly reduced its stake in Teradyne, Inc. by 53.6% in the fourth quarter, selling 19,300 shares and retaining 16,700 shares valued at approximately $3.23 million. Despite Teradyne beating Q1 earnings expectations with EPS of $2.56 and revenue up 87% year-over-year, the stock saw a sharp sell-off due to high investor expectations and outlook volatility. However, analysts maintain a "Moderate Buy" consensus with an average target price of $339.80, and institutional ownership remains high at about 99.77%.
https://www.marketbeat.com/instant-alerts/filing-intact-investment-management-inc-reduces-stake-in-teradyne-inc-ter-2026-05-05/