Creative Planning Buys 3,253 Shares of Teradata Co. (NYSE:TDC)

Creative Planning boosted its stake in shares of Teradata Co. (NYSE:TDC) by 28.3% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,752 shares of the technology company’s stock after purchasing an additional 3,253 shares during the quarter. Creative Planning’s holdings in Teradata were worth $510,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Teradata by 3.4% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 10,716 shares of the technology company’s stock valued at $370,000 after acquiring an additional 351 shares during the period. Arizona State Retirement System lifted its position in Teradata by 1.5% in the second quarter. Arizona State Retirement System now owns 27,268 shares of the technology company’s stock worth $942,000 after purchasing an additional 390 shares during the period. Hexagon Capital Partners LLC lifted its position in Teradata by 111.4% in the second quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock worth $33,000 after purchasing an additional 507 shares during the period. Wallace Advisory Group LLC lifted its position in Teradata by 9.1% in the first quarter. Wallace Advisory Group LLC now owns 7,141 shares of the technology company’s stock worth $276,000 after purchasing an additional 594 shares during the period. Finally, State of Michigan Retirement System lifted its position in Teradata by 2.6% in the first quarter. State of Michigan Retirement System now owns 24,042 shares of the technology company’s stock worth $930,000 after purchasing an additional 600 shares during the period. Institutional investors own 90.31% of the company’s stock.

Insiders Place Their Bets

In other Teradata news, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total value of $411,903.86. Following the completion of the transaction, the insider now owns 121,382 shares of the company’s stock, valued at $3,341,646.46. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, insider Margaret A. Treese sold 5,500 shares of the company’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $28.50, for a total transaction of $156,750.00. Following the sale, the insider now owns 96,783 shares in the company, valued at $2,758,315.50. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Hillary Ashton sold 14,962 shares of the company’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value of $411,903.86. Following the sale, the insider now owns 121,382 shares in the company, valued at approximately $3,341,646.46. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.92% of the company’s stock.

Teradata Stock Up 0.8 %

NYSE:TDC opened at $31.72 on Tuesday. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of 75.52, a price-to-earnings-growth ratio of 2.89 and a beta of 0.80. Teradata Co. has a twelve month low of $24.02 and a twelve month high of $49.44. The stock’s 50 day moving average price is $28.42 and its two-hundred day moving average price is $32.25. The company has a quick ratio of 0.72, a current ratio of 0.75 and a debt-to-equity ratio of 6.87.

Teradata (NYSE:TDC) last posted its quarterly earnings results 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. The firm had revenue of $436.00 million for the quarter, compared to analyst estimates of $447.30 million. Teradata had a return on equity of 114.57% and a net margin of 3.45%. The business’s quarterly revenue was down 5.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.20 EPS. Equities research analysts expect that Teradata Co. will post 1.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TDC has been the subject of several research reports. Guggenheim reaffirmed a “buy” rating and issued a $60.00 target price on shares of Teradata in a research report on Tuesday, June 25th. UBS Group started coverage on Teradata in a research note on Friday, July 19th. They set a “sell” rating and a $32.00 price objective for the company. Royal Bank of Canada dropped their price objective on Teradata from $40.00 to $32.00 and set a “sector perform” rating for the company in a research note on Tuesday, August 6th. JMP Securities lowered Teradata from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 6th. Finally, TD Cowen dropped their price objective on Teradata from $37.00 to $29.00 and set a “hold” rating for the company in a research note on Tuesday, August 6th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $40.36.

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.