Teradata Co. (NYSE:TDC) Insider Sells 5,500 Shares

Teradata Co. (NYSE:TDC) insider Margaret A. Treese sold 5,500 shares of the firm’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the completion of the transaction, the insider now directly owns 96,783 shares of the company’s stock, valued at $2,758,315.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Teradata Trading Up 0.6 %

TDC stock opened at $27.92 on Thursday. Teradata Co. has a one year low of $24.02 and a one year high of $49.44. The company has a debt-to-equity ratio of 6.87, a current ratio of 0.75 and a quick ratio of 0.72. The stock has a market cap of $2.68 billion, a price-to-earnings ratio of 66.48, a price-to-earnings-growth ratio of 2.62 and a beta of 0.80. The company has a fifty day moving average price of $30.50 and a two-hundred day moving average price of $33.99.

Teradata (NYSE:TDC) last issued its quarterly earnings data on Monday, August 5th. The technology company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.16. Teradata had a net margin of 3.45% and a return on equity of 114.57%. The business had revenue of $436.00 million during the quarter, compared to analysts’ expectations of $447.30 million. During the same quarter in the previous year, the company earned $0.20 EPS. The business’s revenue was down 5.6% on a year-over-year basis. Equities analysts anticipate that Teradata Co. will post 1.3 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on TDC shares. TD Cowen decreased their target price on shares of Teradata from $37.00 to $29.00 and set a “hold” rating for the company in a research note on Tuesday, August 6th. JMP Securities cut shares of Teradata from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 6th. Morgan Stanley decreased their target price on shares of Teradata from $44.00 to $30.00 and set an “equal weight” rating for the company in a research note on Tuesday, August 6th. Evercore ISI decreased their target price on shares of Teradata from $46.00 to $34.00 and set an “outperform” rating for the company in a research note on Tuesday, August 6th. Finally, Barclays decreased their target price on shares of Teradata from $35.00 to $30.00 and set an “underweight” rating for the company in a research note on Tuesday, August 6th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Teradata currently has a consensus rating of “Hold” and an average target price of $40.36.

Institutional Investors Weigh In On Teradata

Large investors have recently added to or reduced their stakes in the stock. Crewe Advisors LLC acquired a new stake in Teradata during the second quarter worth approximately $26,000. Sound Income Strategies LLC acquired a new stake in Teradata during the first quarter worth approximately $31,000. Principal Securities Inc. acquired a new stake in Teradata during the fourth quarter worth approximately $38,000. Hexagon Capital Partners LLC grew its position in Teradata by 111.4% during the second quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock worth $33,000 after buying an additional 507 shares in the last quarter. Finally, Blue Trust Inc. grew its position in Teradata by 107.3% during the second quarter. Blue Trust Inc. now owns 2,017 shares of the technology company’s stock worth $70,000 after buying an additional 1,044 shares in the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Teradata Company Profile

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.