Insider Selling: Teradata Corporation (TDC) CFO Sells 47,065 Shares of Stock

Teradata Corporation (NYSE:TDC) CFO Stephen Mark Scheppmann sold 47,065 shares of the company’s stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $31.83, for a total value of $1,498,078.95. Following the sale, the chief financial officer now owns 143,689 shares of the company’s stock, valued at approximately $4,573,620.87. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Teradata Corporation (NYSE TDC) traded down 0.66% during trading on Friday, reaching $30.08. The company’s stock had a trading volume of 1,662,584 shares. Teradata Corporation has a 52-week low of $26.27 and a 52-week high of $33.32. The stock has a market cap of $3.79 billion, a P/E ratio of 39.22 and a beta of 1.28. The firm’s 50-day moving average is $30.28 and its 200-day moving average is $30.04.

Teradata Corporation (NYSE:TDC) last issued its quarterly earnings data on Thursday, July 27th. The technology company reported $0.22 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.22. Teradata Corporation had a return on equity of 21.12% and a net margin of 4.63%. The company had revenue of $513 million during the quarter, compared to analysts’ expectations of $519.79 million. During the same quarter in the previous year, the company posted $0.71 earnings per share. The business’s revenue was down 14.4% on a year-over-year basis. Equities research analysts forecast that Teradata Corporation will post $1.25 EPS for the current year.

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Several large investors have recently modified their holdings of TDC. PNC Financial Services Group Inc. increased its stake in Teradata Corporation by 0.4% in the second quarter. PNC Financial Services Group Inc. now owns 7,236 shares of the technology company’s stock worth $213,000 after buying an additional 31 shares during the last quarter. Advantus Capital Management Inc increased its stake in Teradata Corporation by 0.6% in the first quarter. Advantus Capital Management Inc now owns 12,936 shares of the technology company’s stock worth $403,000 after buying an additional 78 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in Teradata Corporation by 0.3% in the first quarter. Great West Life Assurance Co. Can now owns 34,190 shares of the technology company’s stock worth $1,064,000 after buying an additional 86 shares during the last quarter. Wedge Capital Management L L P NC increased its stake in Teradata Corporation by 0.5% in the second quarter. Wedge Capital Management L L P NC now owns 19,366 shares of the technology company’s stock worth $571,000 after buying an additional 87 shares during the last quarter. Finally, Contravisory Investment Management Inc. increased its stake in Teradata Corporation by 1.0% in the second quarter. Contravisory Investment Management Inc. now owns 9,556 shares of the technology company’s stock worth $282,000 after buying an additional 92 shares during the last quarter.

TDC has been the subject of several recent analyst reports. BidaskClub upgraded Teradata Corporation from a “hold” rating to a “buy” rating in a research note on Friday, August 4th. TheStreet cut Teradata Corporation from a “b-” rating to a “c” rating in a research report on Thursday, April 27th. Stifel Nicolaus reissued a “hold” rating and set a $32.00 price objective on shares of Teradata Corporation in a research report on Monday, August 14th. Deutsche Bank AG reissued a “hold” rating and set a $30.00 price objective (down previously from $32.00) on shares of Teradata Corporation in a research report on Saturday, April 29th. Finally, BMO Capital Markets reissued a “hold” rating and set a $30.00 price objective on shares of Teradata Corporation in a research report on Sunday, July 16th. Five equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $28.50.

Teradata Corporation 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.

Insider Buying and Selling by Quarter for Teradata Corporation (NYSE:TDC)

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