Teradata Co. (NYSE:TDC) Insider Sells $433,249.28 in Stock

Teradata Co. (NYSE:TDC) insider Margaret A. Treese sold 9,148 shares of the business’s stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $47.36, for a total transaction of $433,249.28. Following the completion of the sale, the insider now directly owns 79,801 shares in the company, valued at $3,779,375.36. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Teradata Stock Down 0.9 %

Shares of TDC opened at $47.35 on Thursday. The firm has a 50 day simple moving average of $44.66 and a two-hundred day simple moving average of $47.51. The company has a market cap of $4.63 billion, a P/E ratio of 77.62, a P/E/G ratio of 2.46 and a beta of 0.99. Teradata Co. has a one year low of $31.46 and a one year high of $57.73. The company has a debt-to-equity ratio of 4.56, a current ratio of 0.83 and a quick ratio of 0.82.

Teradata (NYSE:TDC) last announced its quarterly earnings data on Monday, November 6th. The technology company reported $0.42 earnings per share for the quarter, hitting the consensus estimate of $0.42. The business had revenue of $438.00 million during the quarter, compared to the consensus estimate of $435.84 million. Teradata had a return on equity of 39.28% and a net margin of 3.39%. Teradata’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.10 EPS. Research analysts forecast that Teradata Co. will post 1.05 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Morgan Stanley boosted their price target on Teradata from $51.00 to $74.00 and gave the company an “overweight” rating in a report on Tuesday, August 8th. Evercore ISI began coverage on Teradata in a research report on Thursday, September 28th. They set an “outperform” rating and a $65.00 price target for the company. Northland Securities decreased their price target on shares of Teradata from $67.00 to $61.00 and set an “outperform” rating for the company in a research note on Wednesday, October 4th. TheStreet cut shares of Teradata from a “b-” rating to a “c+” rating in a report on Thursday, August 17th. Finally, Barclays cut their price target on shares of Teradata from $47.00 to $46.00 and set an “underweight” rating on the stock in a research report on Tuesday, August 8th. One analyst has rated the stock with a sell rating, two have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $57.67.

Institutional Investors Weigh In On Teradata

A number of institutional investors have recently added to or reduced their stakes in the business. UMB Bank n.a. raised its holdings in Teradata by 214.9% during the 2nd quarter. UMB Bank n.a. now owns 551 shares of the technology company’s stock worth $29,000 after purchasing an additional 376 shares during the last quarter. Rise Advisors LLC acquired a new stake in Teradata during the 3rd quarter worth about $26,000. International Assets Investment Management LLC acquired a new position in shares of Teradata in the 3rd quarter valued at about $31,000. Smithfield Trust Co bought a new stake in shares of Teradata during the 3rd quarter valued at about $34,000. Finally, Hanseatic Management Services Inc. bought a new stake in Teradata in the second quarter worth approximately $42,000. 91.02% of the stock is owned by institutional investors.

About Teradata

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, a data platform that allows companies to leverage their data across an enterprise, as well as connects various sources of data to drive ecosystem simplification and support customers on their journey to the cloud through an integrated migration.