Teradata Co. (TDC) CFO Acquires $55,090.00 in Stock

Teradata Co. (NYSE:TDC) CFO Mark Culhane purchased 1,400 shares of the stock in a transaction on Monday, May 6th. The stock was acquired at an average cost of $39.35 per share, with a total value of $55,090.00. Following the acquisition, the chief financial officer now owns 57,485 shares of the company’s stock, valued at approximately $2,262,034.75. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

TDC stock traded down $0.71 during trading on Friday, hitting $34.34. 1,025,424 shares of the company traded hands, compared to its average volume of 1,189,909. The company has a current ratio of 1.42, a quick ratio of 1.37 and a debt-to-equity ratio of 1.19. The stock has a market cap of $4.05 billion, a P/E ratio of 39.02, a P/E/G ratio of 2.68 and a beta of 0.97. Teradata Co. has a 1 year low of $33.83 and a 1 year high of $49.42.

Teradata (NYSE:TDC) last announced its quarterly earnings results on Thursday, May 2nd. The technology company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.02. The company had revenue of $468.00 million during the quarter, compared to analysts’ expectations of $487.57 million. Teradata had a return on equity of 20.91% and a net margin of 1.27%. Teradata’s quarterly revenue was down 7.5% on a year-over-year basis. During the same period last year, the business earned $0.19 earnings per share. On average, research analysts predict that Teradata Co. will post 0.99 earnings per share for the current fiscal year.

A number of equities research analysts recently commented on the company. Zacks Investment Research downgraded Teradata from a “buy” rating to a “hold” rating in a report on Monday, February 4th. Citigroup downgraded Teradata from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $42.00 to $36.00 in a report on Wednesday, March 20th. ValuEngine raised Teradata from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 28th. TheStreet raised Teradata from a “c+” rating to a “b-” rating in a report on Friday, February 8th. Finally, Cowen lifted their target price on Teradata from $51.00 to $55.00 and gave the stock an “outperform” rating in a report on Monday, February 11th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $45.50.

Several institutional investors have recently bought and sold shares of the company. BlackRock Inc. increased its position in shares of Teradata by 4.2% in the fourth quarter. BlackRock Inc. now owns 11,627,639 shares of the technology company’s stock valued at $446,037,000 after buying an additional 473,405 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Teradata by 0.7% in the first quarter. Wellington Management Group LLP now owns 8,894,113 shares of the technology company’s stock valued at $388,228,000 after buying an additional 62,690 shares in the last quarter. Renaissance Technologies LLC increased its position in shares of Teradata by 112.4% in the first quarter. Renaissance Technologies LLC now owns 4,058,100 shares of the technology company’s stock valued at $177,136,000 after buying an additional 2,147,482 shares in the last quarter. TIAA CREF Investment Management LLC increased its position in shares of Teradata by 13.2% in the third quarter. TIAA CREF Investment Management LLC now owns 3,353,582 shares of the technology company’s stock valued at $126,464,000 after buying an additional 392,272 shares in the last quarter. Finally, First Trust Advisors LP increased its position in shares of Teradata by 35.0% in the first quarter. First Trust Advisors LP now owns 2,912,423 shares of the technology company’s stock valued at $127,127,000 after buying an additional 754,396 shares in the last quarter. Institutional investors and hedge funds own 96.79% of the company’s stock.

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Teradata Company Profile

Teradata Corporation provides hybrid cloud analytics software. Its solutions and services comprise software, hardware, and related business consulting and support services to deliver analytics in company's analytical ecosystem. It operates through three segments: North America and Latin America region; Europe, Middle East and Africa region; and Asia Pacific and Japan region.

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