Teradata Co. (NYSE:TDC) Shares Acquired by State of Alaska Department of Revenue

State of Alaska Department of Revenue boosted its holdings in Teradata Co. (NYSE:TDC) by 7.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,314 shares of the technology company’s stock after buying an additional 755 shares during the quarter. State of Alaska Department of Revenue’s holdings in Teradata were worth $343,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TDC. Crewe Advisors LLC purchased a new position in shares of Teradata in the 2nd quarter valued at about $26,000. GAMMA Investing LLC lifted its position in shares of Teradata by 88.0% during the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after buying an additional 447 shares during the last quarter. Hexagon Capital Partners LLC lifted its position in shares of Teradata by 111.4% during the 2nd quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock worth $33,000 after buying an additional 507 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Teradata by 75.2% in the 3rd quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock valued at $40,000 after buying an additional 569 shares in the last quarter. Finally, International Assets Investment Management LLC grew its position in shares of Teradata by 2,934.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock valued at $44,000 after buying an additional 1,291 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Teradata

In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $28.50, for a total transaction of $156,750.00. Following the transaction, the insider now owns 96,783 shares in the company, valued at approximately $2,758,315.50. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the business’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 sale, the insider now directly owns 96,783 shares in the company, valued at approximately $2,758,315.50. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Hillary Ashton sold 14,962 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total transaction 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 disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

Teradata Trading Up 1.9 %

NYSE:TDC opened at $29.88 on Friday. Teradata Co. has a 12-month low of $24.02 and a 12-month high of $49.44. The company has a current ratio of 0.80, a quick ratio of 0.72 and a debt-to-equity ratio of 4.01. The stock’s 50 day simple moving average is $30.16 and its 200-day simple moving average is $31.56. The firm has a market cap of $2.86 billion, a P/E ratio of 35.57, a PEG ratio of 1.76 and a beta of 0.80.

Teradata (NYSE:TDC) last posted its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.13. The firm had revenue of $440.00 million for the quarter, compared to analyst estimates of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 145.40%. Teradata’s quarterly revenue was up .5% on a year-over-year basis. During the same period last year, the firm posted $0.14 EPS. Equities analysts anticipate that Teradata Co. will post 2.32 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. UBS Group boosted their price target on shares of Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research report on Tuesday. TD Cowen decreased their target price on Teradata from $37.00 to $29.00 and set a “hold” rating for the company in a research report on Tuesday, August 6th. Morgan Stanley dropped their price target on Teradata from $44.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Tuesday, August 6th. JMP Securities cut Teradata from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 6th. Finally, StockNews.com upgraded shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $39.91.

About Teradata

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.