Clark Estates Inc. NY Purchases Shares of 110,100 Teradata Co. (NYSE:TDC)

Clark Estates Inc. NY acquired a new position in shares of Teradata Co. (NYSE:TDC - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 110,100 shares of the technology company's stock, valued at approximately $3,340,000. Clark Estates Inc. NY owned approximately 0.12% of Teradata at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Crewe Advisors LLC acquired a new position in Teradata in the second quarter worth $26,000. GAMMA Investing LLC grew its holdings in 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 acquiring an additional 447 shares during the last quarter. Brooklyn Investment Group acquired a new stake in Teradata in the 3rd quarter valued at about $32,000. Hexagon Capital Partners LLC raised its stake in shares of 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 acquiring an additional 507 shares during the last quarter. Finally, Allworth Financial LP lifted its position in shares of Teradata by 75.2% during the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company's stock worth $40,000 after purchasing an additional 569 shares in the last quarter. 90.31% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on TDC shares. TD Cowen dropped their price objective on shares of 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 target price on Teradata from $44.00 to $30.00 and set an "equal weight" rating for the company in a research report on Tuesday, August 6th. Barclays decreased their price target on Teradata from $30.00 to $29.00 and set an "underweight" rating on the stock in a report on Tuesday, November 5th. Royal Bank of Canada restated a "sector perform" rating and set a $32.00 target price on shares of Teradata in a research report on Tuesday, November 5th. Finally, Northland Securities lowered their price target on shares of Teradata from $38.00 to $37.00 and set an "outperform" rating for the company in a research report on Tuesday, November 5th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Teradata presently has a consensus rating of "Hold" and a consensus price target of $39.91.

Insider Activity

In related news, insider Margaret A. Treese sold 5,500 shares of the 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 completion of the transaction, the insider now directly owns 96,783 shares in the company, valued at approximately $2,758,315.50. This trade represents a 5.38 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value of $411,903.86. Following the completion of the sale, the insider now directly owns 121,382 shares in the company, valued at approximately $3,341,646.46. This represents a 10.97 % decrease in their position. The disclosure for this sale can be found here. 0.86% of the stock is currently owned by company insiders.

Teradata Trading Down 1.1 %

NYSE:TDC traded down $0.34 during trading hours on Wednesday, hitting $30.93. The stock had a trading volume of 633,888 shares, compared to its average volume of 941,733. The business's 50 day moving average is $30.64 and its 200-day moving average is $30.98. The company has a market cap of $2.96 billion, a price-to-earnings ratio of 36.79, a P/E/G ratio of 3.06 and a beta of 0.80. 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 4.01, a quick ratio of 0.79 and a current ratio of 0.80.

Teradata (NYSE:TDC - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.13. The business had revenue of $440.00 million during the quarter, compared to analysts' expectations of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The firm's quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.14 EPS. Sell-side analysts anticipate that Teradata Co. will post 1.41 EPS for the current fiscal year.

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.