Teradata Co. (TDC) Director William S. Stavropoulos Sells 7,496 Shares

Teradata Co. (NYSE:TDC) Director William S. Stavropoulos sold 7,496 shares of the firm’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $36.44, for a total value of $273,154.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of Teradata Co. (TDC) traded down $0.31 during trading hours on Friday, reaching $36.71. 996,685 shares of the company traded hands, compared to its average volume of 1,893,758. Teradata Co. has a twelve month low of $27.05 and a twelve month high of $42.74. The firm has a market cap of $4,479.42, a P/E ratio of -65.55, a P/E/G ratio of 11.58 and a beta of 1.24. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.65 and a quick ratio of 1.62.

Teradata (NYSE:TDC) last issued its earnings results on Thursday, February 8th. The technology company reported $0.58 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.18. Teradata had a negative net margin of 3.11% and a positive return on equity of 15.54%. The business had revenue of $626.00 million during the quarter, compared to the consensus estimate of $610.50 million. During the same period last year, the business posted $0.67 EPS. Teradata’s revenue was up .0% on a year-over-year basis. equities research analysts anticipate that Teradata Co. will post 1.07 earnings per share for the current year.

Teradata announced that its Board of Directors has initiated a stock buyback plan on Thursday, February 8th that permits the company to repurchase $310.00 million in shares. This repurchase authorization permits the technology company to purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

TDC has been the subject of several analyst reports. Deutsche Bank raised their price objective on Teradata from $30.00 to $32.00 and gave the company a “hold” rating in a report on Tuesday, October 24th. Mizuho restated an “underperform” rating and issued a $32.00 price objective (up previously from $26.00) on shares of Teradata in a report on Wednesday, November 1st. BMO Capital Markets raised their price objective on Teradata from $32.00 to $40.00 and gave the company a “market perform” rating in a report on Friday, November 3rd. Morgan Stanley raised their price objective on Teradata from $29.00 to $31.00 and gave the company an “underweight” rating in a report on Friday, November 3rd. Finally, UBS Group raised their price objective on Teradata from $24.00 to $30.00 and gave the company a “sell” rating in a report on Thursday, November 9th. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company’s stock. Teradata has an average rating of “Hold” and a consensus price target of $34.82.

A number of large investors have recently modified their holdings of the stock. State of Tennessee Treasury Department acquired a new stake in Teradata during the third quarter worth approximately $2,703,000. Cornerstone Capital Management Holdings LLC. lifted its position in Teradata by 2,458.9% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 305,531 shares of the technology company’s stock worth $10,322,000 after acquiring an additional 293,591 shares during the last quarter. Virginia Retirement Systems ET AL lifted its position in Teradata by 171.9% during the third quarter. Virginia Retirement Systems ET AL now owns 34,800 shares of the technology company’s stock worth $1,176,000 after acquiring an additional 22,000 shares during the last quarter. Lockheed Martin Investment Management Co. acquired a new stake in Teradata during the third quarter worth approximately $1,304,000. Finally, Jupiter Asset Management Ltd. lifted its position in Teradata by 7.6% during the third quarter. Jupiter Asset Management Ltd. now owns 2,392,621 shares of the technology company’s stock worth $80,847,000 after acquiring an additional 169,000 shares during the last quarter. Institutional investors and hedge funds own 97.94% of the company’s stock.

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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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