Teradata Co. (NYSE:TDC) CFO Stephen Mark Scheppmann sold 47,065 shares of the firm’s stock in a transaction on Monday, July 31st. The shares were sold at an average price of $31.83, for a total transaction of $1,498,078.95. Following the sale, the chief financial officer now owns 143,689 shares in the company, valued at $4,573,620.87. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Shares of Teradata Co. (NYSE:TDC) traded down 0.06% on Friday, hitting $30.83. 1,183,228 shares of the stock were exchanged. The stock has a market cap of $3.88 billion, a PE ratio of 40.20 and a beta of 1.28. Teradata Co. has a 52-week low of $26.27 and a 52-week high of $33.32. The company’s 50 day moving average is $30.10 and its 200-day moving average is $29.96.
Teradata (NYSE:TDC) last announced its earnings results on Thursday, July 27th. The technology company reported $0.22 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.22. Teradata had a negative return on equity of 1.76% and a negative net margin of 0.78%. The business had revenue of $513 million during the quarter, compared to analysts’ expectations of $519.79 million. During the same quarter last year, the business posted $0.71 earnings per share. The company’s quarterly revenue was down 14.4% on a year-over-year basis. Analysts predict that Teradata Co. will post $1.24 EPS for the current fiscal year.
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TDC has been the subject of several research analyst reports. BTIG Research initiated coverage on shares of Teradata in a research note on Monday, April 17th. They set a “neutral” rating for the company. BMO Capital Markets dropped their price target on shares of Teradata from $32.00 to $30.00 and set a “market perform” rating for the company in a research note on Thursday, April 27th. Deutsche Bank AG reaffirmed a “hold” rating and set a $30.00 price target (down from $32.00) on shares of Teradata in a research note on Saturday, April 29th. TheStreet lowered shares of Teradata from a “b-” rating to a “c” rating in a report on Thursday, April 27th. Finally, Sanford C. Bernstein assumed coverage on shares of Teradata in a report on Wednesday, May 24th. They set an “underperform” rating and a $25.00 price objective for the company. Six analysts have rated the stock with a sell rating, nine have given a hold rating and one has assigned a buy rating to the company. Teradata has a consensus rating of “Hold” and an average price target of $28.50.
A number of large investors have recently made changes to their positions in TDC. Vanguard Group Inc. increased its stake in shares of Teradata by 3.1% in the first quarter. Vanguard Group Inc. now owns 15,016,972 shares of the technology company’s stock valued at $467,328,000 after buying an additional 448,436 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Teradata by 6.0% in the second quarter. Bank of New York Mellon Corp now owns 12,436,915 shares of the technology company’s stock worth $366,764,000 after buying an additional 705,690 shares during the period. BlackRock Inc. increased its stake in Teradata by 42.6% in the second quarter. BlackRock Inc. now owns 11,126,276 shares of the technology company’s stock worth $328,115,000 after buying an additional 3,324,754 shares during the period. Ameriprise Financial Inc. raised its position in shares of Teradata by 24.1% in the second quarter. Ameriprise Financial Inc. now owns 6,293,085 shares of the technology company’s stock worth $185,598,000 after buying an additional 1,221,193 shares in the last quarter. Finally, Fairpointe Capital LLC raised its position in shares of Teradata by 0.5% in the first quarter. Fairpointe Capital LLC now owns 5,756,276 shares of the technology company’s stock worth $179,135,000 after buying an additional 31,283 shares in the last quarter.
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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