Teradata (NYSE:TDC) COO Sells 48,077 Shares of Stock

Teradata Corporation (NYSE:TDCGet Free Report) COO Michael Hutchinson sold 48,077 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $30.00, for a total value of $1,442,310.00. Following the sale, the chief operating officer owned 171,927 shares of the company’s stock, valued at $5,157,810. This represents a 21.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Teradata Stock Up 0.3%

Shares of NYSE:TDC traded up $0.09 during trading on Thursday, hitting $29.25. The company’s stock had a trading volume of 698,184 shares, compared to its average volume of 2,385,255. The stock’s 50-day moving average price is $29.08 and its two-hundred day moving average price is $29.67. Teradata Corporation has a fifty-two week low of $20.33 and a fifty-two week high of $41.78. The company has a market capitalization of $2.72 billion, a PE ratio of 6.17, a PEG ratio of 2.18 and a beta of 0.58. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.91 and a current ratio of 0.91.

Teradata (NYSE:TDCGet Free Report) last released its earnings results on Tuesday, August 4th. The technology company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.56 by $0.13. The company had revenue of $410.00 million during the quarter, compared to analysts’ expectations of $396.13 million. Teradata had a return on equity of 47.25% and a net margin of 27.08%.The business’s revenue was up .5% on a year-over-year basis. During the same period in the prior year, the business posted $0.47 EPS. Teradata has set its Q3 2026 guidance at 0.550-0.590 EPS and its FY 2026 guidance at 2.650-2.730 EPS. As a group, sell-side analysts expect that Teradata Corporation will post 1.79 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Zacks Research cut Teradata from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Citigroup dropped their target price on shares of Teradata from $39.00 to $36.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Wall Street Zen downgraded shares of Teradata from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 8th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $49.00 price target on shares of Teradata in a report on Wednesday, June 10th. Finally, Barclays lowered their price objective on shares of Teradata from $28.00 to $27.00 and set an “underweight” rating for the company in a research report on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Teradata currently has a consensus rating of “Hold” and a consensus price target of $34.78.

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Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in TDC. BlackRock Inc. acquired a new stake in Teradata in the second quarter worth $567,999,000. Bank of America Corp DE acquired a new position in shares of Teradata during the second quarter valued at $44,869,000. Alyeska Investment Group L.P. acquired a new position in shares of Teradata during the second quarter valued at $44,472,000. Quantinno Capital Management LP boosted its holdings in shares of Teradata by 1,158.9% during the first quarter. Quantinno Capital Management LP now owns 1,294,502 shares of the technology company’s stock valued at $33,178,000 after acquiring an additional 1,191,677 shares during the period. Finally, Bank of New York Mellon Corp bought a new position in shares of Teradata during the second quarter worth about $24,728,000. 90.31% of the stock is currently owned by institutional investors.

About Teradata

(Get Free Report)

Teradata Corporation (NYSE: TDC) is a data and analytics company that provides cloud-based and enterprise data-management solutions. Its platform is designed to help organizations collect, integrate, govern and analyze data from multiple sources, supporting business intelligence, advanced analytics and artificial intelligence initiatives.

The company’s offerings include Teradata Vantage, its analytics and data-platform technology, and VantageCloud, a cloud-based version available through public, private and hybrid cloud environments.

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