Hillary Ashton Sells 14,962 Shares of Teradata Co. (NYSE:TDC) Stock

Teradata Co. (NYSE:TDC) insider Hillary Ashton sold 14,962 shares of the company’s 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 sale, the insider now owns 121,382 shares of the company’s stock, valued at approximately $3,341,646.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Teradata Price Performance

Shares of NYSE TDC traded up $0.09 during mid-day trading on Wednesday, reaching $27.67. The company’s stock had a trading volume of 636,666 shares, compared to its average volume of 999,086. The stock has a fifty day moving average of $29.93 and a two-hundred day moving average of $33.67. The firm has a market capitalization of $2.66 billion, a PE ratio of 65.29, a P/E/G ratio of 2.54 and a beta of 0.80. Teradata Co. has a 52 week low of $24.02 and a 52 week 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.

Teradata (NYSE:TDC) last posted its quarterly earnings results 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. The business 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 period in the prior year, the company posted $0.20 EPS. As a group, sell-side analysts anticipate that Teradata Co. will post 1.3 EPS for the current fiscal year.

Institutional Trading of Teradata

A number of institutional investors and hedge funds have recently bought and sold shares of TDC. Crewe Advisors LLC purchased a new position in shares of Teradata during the second quarter valued at about $26,000. Sound Income Strategies LLC bought a new stake in Teradata in the 1st quarter worth approximately $31,000. Hexagon Capital Partners LLC boosted its position in shares of Teradata by 111.4% during the 2nd quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock valued at $33,000 after acquiring an additional 507 shares during the last quarter. Principal Securities Inc. bought a new stake in Teradata in the fourth quarter worth $38,000. Finally, Blue Trust Inc. raised its stake in Teradata by 107.3% during the second quarter. Blue Trust Inc. now owns 2,017 shares of the technology company’s stock valued at $70,000 after purchasing an additional 1,044 shares in the last quarter. 90.31% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TDC has been the subject of several research reports. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Barclays decreased their price target on shares of Teradata from $35.00 to $30.00 and set an “underweight” rating on the stock in a research report on Tuesday, August 6th. TD Cowen cut 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. UBS Group initiated coverage on Teradata in a report on Friday, July 19th. They issued a “sell” rating and a $32.00 target price on the stock. Finally, Guggenheim reissued a “buy” rating and set a $60.00 price target on shares of Teradata in a report on Tuesday, June 25th. Three equities 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 assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $40.36.

Teradata Company 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.