Margaret A. Treese Sells 5,500 Shares of Teradata Co. (NYSE:TDC) Stock

Teradata Co. (NYSE:TDC - Get Free Report) 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 completion of the transaction, the insider now owns 96,783 shares in the company, valued at approximately $2,758,315.50. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Teradata Stock Performance

Shares of NYSE:TDC traded down $0.49 during trading on Tuesday, hitting $27.75. The company's stock had a trading volume of 723,754 shares, compared to its average volume of 1,011,973. The company has a 50-day moving average of $30.74 and a 200-day moving average of $34.10. Teradata Co. has a 12 month low of $24.02 and a 12 month high of $49.44. The company has a debt-to-equity ratio of 6.87, a current ratio of 0.75 and a quick ratio of 0.72. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of 67.05, a P/E/G ratio of 2.62 and a beta of 0.80.

Teradata (NYSE:TDC - Get Free Report) last issued its quarterly earnings data 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. 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 analysts' expectations of $447.30 million. During the same quarter in the prior year, the business earned $0.20 EPS. The business's quarterly revenue was down 5.6% on a year-over-year basis. On average, sell-side analysts expect that Teradata Co. will post 1.3 earnings per share for the current year.

Analyst Upgrades and Downgrades

TDC has been the topic of a number of analyst reports. UBS Group initiated coverage on shares of Teradata in a research note on Friday, July 19th. They issued a "sell" rating and a $32.00 price target on the stock. Barclays dropped their price target on shares of Teradata from $35.00 to $30.00 and set an "underweight" rating on the stock in a research note on Tuesday, August 6th. StockNews.com upgraded shares of Teradata from a "buy" rating to a "strong-buy" rating in a research note on Tuesday, August 6th. Guggenheim reiterated a "buy" rating and issued a $60.00 price target on shares of Teradata in a research note on Tuesday, June 25th. Finally, Northland Securities lowered their target price on shares of Teradata from $49.00 to $38.00 and set an "outperform" rating on the stock in a research note on Tuesday, August 6th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Teradata has a consensus rating of "Hold" and an average target price of $40.36.

Hedge Funds Weigh In On Teradata

Several institutional investors have recently made changes to their positions in TDC. Russell Investments Group Ltd. lifted its stake in shares of Teradata by 2.4% in the 4th quarter. Russell Investments Group Ltd. now owns 77,628 shares of the technology company's stock worth $3,379,000 after purchasing an additional 1,815 shares during the period. Kestra Private Wealth Services LLC purchased a new stake in Teradata in the 4th quarter worth approximately $289,000. Natixis Advisors L.P. increased its holdings in Teradata by 4.2% in the 4th quarter. Natixis Advisors L.P. now owns 13,197 shares of the technology company's stock worth $574,000 after acquiring an additional 535 shares in the last quarter. Amalgamated Bank increased its holdings in Teradata by 5.3% in the 4th quarter. Amalgamated Bank now owns 81,264 shares of the technology company's stock worth $3,536,000 after acquiring an additional 4,123 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in Teradata by 18.4% in the 4th quarter. Private Advisor Group LLC now owns 6,763 shares of the technology company's stock worth $294,000 after acquiring an additional 1,053 shares in the last quarter. Institutional investors own 90.31% of the company's stock.

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.

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