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Aspen Wealth Strategies LLC Buys Shares of 4,193 Teradyne, Inc. $TER
Aspen Wealth Strategies LLC has purchased 4,193 shares of Teradyne, Inc. (NASDAQ:TER) valued at approximately $577,000, as part of a trend of increased institutional investment in the company. Despite Teradyne beating Q3 earnings and revenue estimates significantly, its stock trades at a high valuation with a P/E of 94.57. Analysts have a “Moderate Buy” rating, but the average target price is below the current trading price, and recent selling by ARK could indicate short-term pressure.