Teradata Co. (NYSE:TDC) Shares Sold by Headlands Technologies LLC

Headlands Technologies LLC reduced its position in shares of Teradata Co. (NYSE:TDC) by 43.6% in the 2nd quarter, Holdings Channel.com reports. The firm owned 8,065 shares of the technology company’s stock after selling 6,245 shares during the period. Headlands Technologies LLC’s holdings in Teradata were worth $279,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Crewe Advisors LLC purchased a new stake in shares of Teradata during the 2nd quarter worth $26,000. Sound Income Strategies LLC purchased a new stake in shares of Teradata during the 1st quarter worth $31,000. Principal Securities Inc. purchased a new stake in shares of Teradata during the 4th quarter worth $38,000. Hexagon Capital Partners LLC lifted 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 worth $33,000 after purchasing an additional 507 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Teradata by 107.3% during the 2nd quarter. Blue Trust Inc. now owns 2,017 shares of the technology company’s stock worth $70,000 after purchasing an additional 1,044 shares during the last quarter. 90.31% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently issued reports on TDC. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Guggenheim reissued a “buy” rating and issued a $60.00 price target on shares of Teradata in a research report on Tuesday, June 25th. JMP Securities cut shares of Teradata from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 6th. TD Cowen reduced their price target 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. Finally, Evercore ISI reduced their price target on shares of Teradata from $46.00 to $34.00 and set an “outperform” rating for the company in a research report on Tuesday, August 6th. Three research analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Teradata has an average rating of “Hold” and a consensus price target of $40.36.

Teradata Trading Up 2.6 %

NYSE TDC opened at $28.51 on Friday. The company has a debt-to-equity ratio of 6.87, a quick ratio of 0.72 and a current ratio of 0.75. The firm has a market cap of $2.74 billion, a PE ratio of 67.88, a P/E/G ratio of 2.57 and a beta of 0.80. Teradata Co. has a one year low of $24.02 and a one year high of $49.44. The firm’s fifty day moving average is $29.54 and its two-hundred day moving average is $33.53.

Teradata (NYSE:TDC) last posted its quarterly earnings data on Monday, August 5th. The technology company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.16. The company had revenue of $436.00 million for the quarter, compared to analyst estimates of $447.30 million. Teradata had a net margin of 3.45% and a return on equity of 114.57%. Teradata’s quarterly revenue was down 5.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.20 earnings per share. Analysts expect that Teradata Co. will post 1.3 earnings per share for the current year.

Insider Activity at Teradata

In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $28.50, for a total transaction of $156,750.00. Following the transaction, the insider now owns 96,783 shares in the company, valued at approximately $2,758,315.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Hillary Ashton sold 14,962 shares of the firm’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value of $411,903.86. Following the completion of the sale, the insider now owns 121,382 shares in the company, valued at $3,341,646.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Margaret A. Treese sold 5,500 shares of the business’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $28.50, for a total transaction of $156,750.00. Following the sale, the insider now directly owns 96,783 shares in the company, valued at approximately $2,758,315.50. The disclosure for this sale can be found here. 0.92% of the stock is owned by insiders.

Teradata 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.