GAMMA Investing LLC Acquires 447 Shares of Teradata Co. (NYSE:TDC)

GAMMA Investing LLC increased its holdings in Teradata Co. (NYSE:TDC) by 88.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 955 shares of the technology company’s stock after purchasing an additional 447 shares during the quarter. GAMMA Investing LLC’s holdings in Teradata were worth $29,000 as of its most recent SEC filing.

A number of other large 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 $26,000. Sound Income Strategies LLC bought a new position in Teradata in the first quarter worth about $31,000. Hexagon Capital Partners LLC lifted its position in shares of Teradata by 111.4% during the second quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock valued at $33,000 after buying an additional 507 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Teradata by 107.3% in the 2nd quarter. Blue Trust Inc. now owns 2,017 shares of the technology company’s stock valued at $70,000 after buying an additional 1,044 shares in the last quarter. Finally, 1620 Investment Advisors Inc. purchased a new position in shares of Teradata in the 2nd quarter worth approximately $72,000. Institutional investors own 90.31% of the company’s stock.

Analyst Upgrades and Downgrades

TDC has been the subject of several recent analyst reports. Northland Securities lowered their target price on shares of Teradata from $49.00 to $38.00 and set an “outperform” rating for the company in a research note on Tuesday, August 6th. Guggenheim reissued a “buy” rating and issued a $60.00 price objective on shares of Teradata in a research report on Tuesday, June 25th. StockNews.com raised Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. UBS Group began coverage on Teradata in a research note on Friday, July 19th. They issued a “sell” rating and a $32.00 price target for the company. Finally, Royal Bank of Canada dropped their price target on Teradata from $40.00 to $32.00 and set a “sector perform” rating on the stock in a research note on Tuesday, August 6th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Teradata currently has a consensus rating of “Hold” and a consensus price target of $40.64.

Teradata Stock Up 0.1 %

Shares of TDC stock opened at $32.37 on Friday. Teradata Co. has a twelve month low of $24.02 and a twelve month high of $49.44. The company has a current ratio of 0.75, a quick ratio of 0.72 and a debt-to-equity ratio of 6.87. The stock has a 50 day moving average of $28.99 and a 200 day moving average of $32.16. The stock has a market cap of $3.13 billion, a P/E ratio of 77.07, a P/E/G ratio of 2.94 and a beta of 0.80.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Monday, August 5th. The technology company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.16. Teradata had a net margin of 3.45% and a return on equity of 114.57%. The firm had revenue of $436.00 million for the quarter, compared to analyst estimates of $447.30 million. During the same period last year, the company posted $0.20 EPS. Teradata’s quarterly revenue was down 5.6% compared to the same quarter last year. As a group, sell-side analysts expect that Teradata Co. will post 1.3 EPS for the current year.

Insider Activity at Teradata

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

Teradata 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.