Teradata Corporation (NYSE:TDC) CFO Mark Culhane purchased 4,500 shares of the stock in a transaction dated Friday, December 1st. The shares were acquired at an average price of $37.66 per share, with a total value of $169,470.00. Following the completion of the acquisition, the chief financial officer now owns 29,924 shares in the company, valued at approximately $1,126,937.84. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Shares of Teradata Corporation (TDC) opened at $38.52 on Wednesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.61 and a quick ratio of 1.56. The stock has a market capitalization of $4,565.33, a PE ratio of 33.69, a price-to-earnings-growth ratio of 7.81 and a beta of 1.26. Teradata Corporation has a 12-month low of $26.55 and a 12-month high of $38.69.
Teradata (NYSE:TDC) last posted its quarterly earnings results on Thursday, November 2nd. The technology company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.17. The company had revenue of $526.00 million for the quarter, compared to analyst estimates of $511.23 million. Teradata had a return on equity of 16.47% and a net margin of 3.01%. Teradata’s revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.69 EPS. equities research analysts expect that Teradata Corporation will post 0.91 earnings per share for the current fiscal year.
Hedge funds have recently bought and sold shares of the business. ETF Managers Group LLC acquired a new stake in Teradata in the 2nd quarter valued at about $130,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Teradata by 9.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,183 shares of the technology company’s stock worth $153,000 after acquiring an additional 469 shares in the last quarter. Commerce Bank acquired a new stake in shares of Teradata during the 3rd quarter worth about $223,000. GW Henssler & Associates Ltd. acquired a new stake in shares of Teradata during the 2nd quarter worth about $202,000. Finally, PNC Financial Services Group Inc. raised its position in shares of Teradata by 0.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,236 shares of the technology company’s stock worth $213,000 after acquiring an additional 31 shares in the last quarter. 97.94% of the stock is currently owned by institutional investors.
A number of research firms have recently weighed in on TDC. Deutsche Bank increased their price target on Teradata from $30.00 to $32.00 and gave the stock a “hold” rating in a report on Tuesday, October 24th. Sanford C. Bernstein restated an “underperform” rating and set a $27.00 target price on shares of Teradata in a report on Monday, September 11th. Stifel Nicolaus restated a “hold” rating and set a $32.00 target price on shares of Teradata in a report on Monday, August 14th. Needham & Company LLC started coverage on Teradata in a report on Monday, September 11th. They set a “hold” rating for the company. Finally, Mizuho raised their target price on Teradata from $26.00 to $32.00 and gave the company an “underperform” rating in a report on Thursday, November 2nd. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. Teradata presently has an average rating of “Hold” and an average price target of $31.75.
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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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