Teradata Corporation (TDC) EVP Sells $60,060.00 in Stock

Teradata Corporation (NYSE:TDC) EVP Oliver Ratzesberger sold 1,925 shares of the stock in a transaction that occurred on Monday, February 27th. The stock was sold at an average price of $31.20, for a total transaction of $60,060.00. Following the completion of the sale, the executive vice president now owns 28,805 shares in the company, valued at $898,716. The transaction was disclosed in a filing with the SEC, which is available through this link.

Teradata Corporation (NYSE:TDC) traded up $0.62 during trading on Friday, hitting $38.15. 1,348,907 shares of the stock traded hands, compared to its average volume of 1,011,899. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.56 and a current ratio of 1.61. The stock has a market cap of $4,541.13, a PE ratio of 33.51, a P/E/G ratio of 13.81 and a beta of 1.26. Teradata Corporation has a 12-month low of $26.55 and a 12-month high of $38.69.

Teradata (NYSE:TDC) last posted its quarterly earnings data on Thursday, November 2nd. The technology company reported $0.29 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.17. The firm had revenue of $526.00 million for the quarter, compared to analysts’ expectations of $511.23 million. Teradata had a net margin of 3.01% and a return on equity of 16.47%. The business’s quarterly revenue was down 4.7% on a year-over-year basis. During the same quarter last year, the company posted $0.69 EPS. equities research analysts forecast that Teradata Corporation will post 0.91 EPS for the current year.

Several hedge funds have recently added to or reduced their stakes in TDC. BlackRock Inc. grew its holdings in shares of Teradata by 42.6% during the 2nd quarter. BlackRock Inc. now owns 11,126,276 shares of the technology company’s stock valued at $328,115,000 after purchasing an additional 3,324,754 shares during the last quarter. Alyeska Investment Group L.P. grew its holdings in shares of Teradata by 259.2% during the 3rd quarter. Alyeska Investment Group L.P. now owns 2,764,202 shares of the technology company’s stock valued at $93,402,000 after purchasing an additional 1,994,620 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Teradata by 24.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 6,293,085 shares of the technology company’s stock valued at $185,598,000 after purchasing an additional 1,221,193 shares during the last quarter. Victory Capital Management Inc. bought a new position in shares of Teradata during the 3rd quarter valued at $33,107,000. Finally, Frontier Capital Management Co. LLC bought a new position in shares of Teradata during the 2nd quarter valued at $22,262,000. 97.94% of the stock is currently owned by institutional investors.

Several analysts have recently weighed in on the stock. Summit Redstone upgraded shares of Teradata from a “hold” rating to a “buy” rating in a research report on Monday, November 13th. Needham & Company LLC assumed coverage on shares of Teradata in a research report on Monday, September 11th. They set a “hold” rating on the stock. Stifel Nicolaus restated a “hold” rating and set a $32.00 price objective on shares of Teradata in a research report on Monday, August 14th. BidaskClub cut shares of Teradata from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Finally, Deutsche Bank raised their price objective on shares of Teradata from $30.00 to $32.00 and gave the company a “hold” rating in a research report on Tuesday, October 24th. Five equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $31.75.

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Teradata Company Profile

Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.

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