Teradata Co. (NYSE:TDC) Shares Sold by Xponance Inc.

Xponance Inc. lowered its stake in shares of Teradata Co. (NYSE:TDC) by 5.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,230 shares of the technology company’s stock after selling 1,054 shares during the quarter. Xponance Inc.’s holdings in Teradata were worth $665,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of TDC. M&G Plc increased its stake in Teradata by 2,920.3% during the 2nd quarter. M&G Plc now owns 1,183,683 shares of the technology company’s stock valued at $41,429,000 after purchasing an additional 1,144,492 shares in the last quarter. Ariel Investments LLC purchased a new stake in shares of Teradata during the first quarter valued at $30,998,000. Vanguard Group Inc. increased its position in shares of Teradata by 3.3% in the 1st quarter. Vanguard Group Inc. now owns 11,841,180 shares of the technology company’s stock valued at $457,898,000 after acquiring an additional 377,761 shares during the period. Pacer Advisors Inc. raised its stake in Teradata by 27.5% in the 2nd quarter. Pacer Advisors Inc. now owns 1,702,179 shares of the technology company’s stock worth $58,827,000 after acquiring an additional 367,641 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in Teradata by 369.0% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 310,605 shares of the technology company’s stock worth $12,011,000 after acquiring an additional 244,384 shares during the period. 90.31% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Hillary Ashton sold 14,962 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at approximately $3,341,646.46. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total value of $411,903.86. Following the sale, the insider now directly owns 121,382 shares in the company, valued at approximately $3,341,646.46. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 value of $156,750.00. Following the sale, the insider now owns 96,783 shares of the company’s stock, valued at $2,758,315.50. The disclosure for this sale can be found here. Insiders own 0.92% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on TDC shares. Evercore ISI reduced their price objective on Teradata from $46.00 to $34.00 and set an “outperform” rating for the company in a research note on Tuesday, August 6th. Barclays reduced their price target on shares of Teradata from $35.00 to $30.00 and set an “underweight” rating for the company in a research report on Tuesday, August 6th. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. Guggenheim reissued a “buy” rating and set a $60.00 target price on shares of Teradata in a report on Tuesday, June 25th. Finally, TD Cowen lowered their price target on shares of Teradata from $37.00 to $29.00 and set a “hold” rating on the stock in a report on Tuesday, August 6th. Three analysts have rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Teradata presently has an average rating of “Hold” and an average price target of $40.36.

Teradata Trading Up 0.6 %

Shares of Teradata stock opened at $30.35 on Monday. The firm has a 50-day simple moving average of $28.64 and a two-hundred day simple moving average of $32.85. The company has a debt-to-equity ratio of 6.87, a quick ratio of 0.72 and a current ratio of 0.75. Teradata Co. has a fifty-two week low of $24.02 and a fifty-two week high of $49.44. The company has a market cap of $2.93 billion, a P/E ratio of 72.26, a price-to-earnings-growth ratio of 2.71 and a beta of 0.80.

Teradata (NYSE:TDC) last released its quarterly earnings results on Monday, August 5th. The technology company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.16. Teradata had a return on equity of 114.57% and a net margin of 3.45%. The company had revenue of $436.00 million during the quarter, compared to analysts’ expectations of $447.30 million. During the same quarter in the prior year, the firm posted $0.20 EPS. Teradata’s quarterly revenue was down 5.6% compared to the same quarter last year. As a group, equities analysts predict that Teradata Co. will post 1.3 earnings per share for the current fiscal year.

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.