Peregrine Capital Management LLC Cuts Stock Holdings in Teradyne, Inc. $TER - MarketBeat
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- Peregrine Capital Management LLC, a top 20 institutional investor by shares held, has reduced its position in Teradyne $TER following a significant price drop from the previous quarter.
- The stock's performance declined notably over the last six months, prompting Peregrine to exit some holdings as part of a broader portfolio rebalancing strategy.
- Despite Teradyne's market leadership, competitive pressures continue to erode profit margins in the test equipment sector.