Here are some of the pros and cons that the article mentions:
"It represents something of a seal of approval by professionals, but there's a downside, too: Institutions tend to buy stock in big hunks, which can send prices up in a hurry, but when the big boys sell, prices can sink just as fast. "
Insitutional ownership of AMAT is about 64% despite its much larger market cap.
Now if we could get some institutions to buy again, we will see 70 by Friday (g).
If TER is 86% owned by institutions, then even a modest selloff will create a major price plunge.
If 10% of the institutions sell then 8.6% of the shares become available. If individual investors own only 14%, they would have to increase their position by 61% to absorb all the stock that becomes available.
TER management must increase the ownership of their stock by individuals. And the first step in this process would be to hold an open conference after an earnings release instead of just meeting with analysts.