Horrell Capital Management Inc. Sells 25,000 Shares of Teradata Co. (NYSE:TDC)

Horrell Capital Management Inc. decreased its holdings in shares of Teradata Co. (NYSE:TDC - Free Report) by 10.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 210,000 shares of the technology company's stock after selling 25,000 shares during the quarter. Teradata accounts for approximately 1.9% of Horrell Capital Management Inc.'s holdings, making the stock its 16th biggest position. Horrell Capital Management Inc. owned approximately 0.22% of Teradata worth $6,371,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Oak Thistle LLC acquired a new position in shares of Teradata during the 1st quarter worth $208,000. Allspring Global Investments Holdings LLC increased its holdings in Teradata by 10.7% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 552,387 shares of the technology company's stock valued at $21,361,000 after buying an additional 53,359 shares during the period. State of Michigan Retirement System lifted its stake in Teradata by 2.6% during the first quarter. State of Michigan Retirement System now owns 24,042 shares of the technology company's stock worth $930,000 after purchasing an additional 600 shares during the period. Norden Group LLC boosted its stake in Teradata by 2,129.9% in the 1st quarter. Norden Group LLC now owns 112,008 shares of the technology company's stock valued at $4,331,000 after buying an additional 106,985 shares in the last quarter. Finally, Commonwealth Equity Services LLC bought a new position in Teradata during the 1st quarter valued at about $634,000. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Teradata Stock Up 1.5 %

TDC stock traded up $0.47 during midday trading on Tuesday, hitting $32.60. The company's stock had a trading volume of 621,043 shares, compared to its average volume of 933,611. The company's fifty day moving average price is $29.57 and its 200 day moving average price is $31.82. The company has a debt-to-equity ratio of 6.87, a current ratio of 0.75 and a quick ratio of 0.72. Teradata Co. has a twelve month low of $24.02 and a twelve month high of $49.44. The stock has a market capitalization of $3.13 billion, a P/E ratio of 51.57, a PEG ratio of 2.97 and a beta of 0.80.

Teradata (NYSE:TDC - Get Free Report) last released its quarterly earnings data on Monday, August 5th. The technology company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.48 by $0.16. The company had revenue of $436.00 million during the quarter, compared to the consensus estimate of $447.30 million. Teradata had a return on equity of 114.57% and a net margin of 3.45%. The firm's revenue for the quarter was down 5.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.20 EPS. As a group, equities research analysts predict that Teradata Co. will post 1.3 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on TDC shares. Northland Securities reduced their price objective on Teradata from $49.00 to $38.00 and set an "outperform" rating on the stock in a research note on Tuesday, August 6th. 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 target price on the stock. StockNews.com raised shares of Teradata from a "buy" rating to a "strong-buy" rating in a report on Tuesday, August 6th. Evercore ISI boosted their target price on Teradata from $34.00 to $37.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 15th. Finally, Barclays lowered their price objective on shares of Teradata from $35.00 to $30.00 and set an "underweight" rating for the company 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 issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $40.64.

Insider Activity at Teradata

In other news, insider Hillary Ashton sold 14,962 shares of the business's stock in a transaction on Tuesday, September 10th. The stock was 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 approximately $3,341,646.46. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Margaret A. Treese sold 5,500 shares of Teradata 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 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 ownership of the stock. 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 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 owns 121,382 shares of the company's stock, valued at $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. 0.86% of the stock is currently owned by insiders.

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.