Primecap Management Co. CA Sells 496,290 Shares of Teradyne, Inc. $TER

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Primecap Management Co. CA significantly reduced its stake in Teradyne, Inc. (NASDAQ:TER) by 16.3%, selling 496,290 shares in Q3, bringing its total holdings to 2,551,268 shares valued at $351.16 million. Meanwhile, other institutional investors have modified their positions, and Teradyne’s CEO also sold over 1,100 shares. The company’s stock has shown strong performance, supported by positive analyst revisions, AI-driven revenue surges, and product expansion, though valuation concerns and institutional trimming by firms like ARK are noted.

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