The State of Alaska Department of Revenue has reduced its position in Teradyne, Inc. by 5.5%, selling over a thousand shares. The transaction leaves the Department with 18,023 shares worth an estimated $1,620,000.
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Teradyne, Inc. $TER Shares Sold by State of Alaska Department of Revenue
Photo by Americanbankingnews
Key Takeaways:
- The State of Alaska Department of Revenue sold 1,055 Teradyne shares.
- Its overall position declined by 5.5% in the second quarter.
- The Department now holds 18,023 Teradyne shares in total.
- The remaining stake is valued at approximately $1,620,000.
- This information was reported by Holdings Channel.com and published by Americanbankingnews.
Why Alaska Sold Some Teradyne Shares
State of Alaska Department of Revenue recently lowered its stake in Teradyne, Inc. by 5.5% in the second quarter. According to regulatory filings, this public institutional investor sold 1,055 shares, reflecting a strategic adjustment to its holdings.
Holding Value and Remaining Stake
Following the sale, the Department still maintains 18,023 shares of the company’s stock. The estimated market value of this holding is $1,620,000, suggesting continued confidence in Teradyne despite a modest reduction.
Context and Source
The share reduction was noted by Holdings Channel.com and published by Americanbankingnews. The sale’s timing and precise details, such as the total shares sold and the new valuation, point to the slight yet meaningful shift in Teradyne’s shareholder base.
Key Stats Table
| Fact | Data |
|---|---|
| Shares Sold | 1,055 |
| Decrease in Position | 5.5% |
| Remaining Shares | 18,023 |
| Approx. Value | $1,620,000 |
