Stephen Mcmillan Sells 10,000 Shares of Teradata (NYSE:TDC) Stock

Teradata Corporation (NYSE:TDC) CEO Stephen Mcmillan sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $30.02, for a total value of $300,200.00. Following the sale, the chief executive officer owned 752,446 shares in the company, valued at $22,588,428.92. The trade was a 1.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Teradata Stock Performance

Teradata stock opened at $28.87 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.91 and a quick ratio of 0.91. Teradata Corporation has a 12 month low of $20.33 and a 12 month high of $41.78. The company has a fifty day moving average price of $28.87 and a two-hundred day moving average price of $29.65. The company has a market cap of $2.68 billion, a PE ratio of 6.08, a P/E/G ratio of 2.17 and a beta of 0.58.

Teradata (NYSE:TDC) last issued its earnings results on Tuesday, August 4th. The technology company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. Teradata had a net margin of 27.08% and a return on equity of 47.25%. The company had revenue of $410.00 million for the quarter, compared to analysts’ expectations of $396.13 million. During the same period in the prior year, the company earned $0.47 earnings per share. The firm’s revenue was up .5% compared to the same quarter last year. Teradata has set its Q3 2026 guidance at 0.550-0.590 EPS and its FY 2026 guidance at 2.650-2.730 EPS. Research analysts expect that Teradata Corporation will post 1.79 earnings per share for the current year.

Hedge Funds Weigh In On Teradata

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in Teradata during the 2nd quarter valued at $567,999,000. Bank of America Corp DE bought a new position in shares of Teradata in the second quarter worth $44,869,000. Alyeska Investment Group L.P. bought a new position in shares of Teradata in the second quarter worth $44,472,000. Quantinno Capital Management LP increased its holdings in shares of Teradata by 1,158.9% during the first quarter. Quantinno Capital Management LP now owns 1,294,502 shares of the technology company’s stock valued at $33,178,000 after purchasing an additional 1,191,677 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in shares of Teradata during the second quarter valued at $24,728,000. 90.31% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on TDC. Citizens Jmp reiterated a “market outperform” rating and set a $49.00 price target on shares of Teradata in a research report on Wednesday, June 10th. Citigroup lowered their price objective on Teradata from $39.00 to $36.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Teradata in a research note on Wednesday, June 24th. Royal Bank Of Canada reissued a “sector perform” rating and set a $34.00 price target on shares of Teradata in a report on Thursday, July 16th. Finally, Barclays lowered their price target on shares of Teradata from $28.00 to $27.00 and set an “underweight” rating for the company in a research report on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $34.78.

About Teradata

Teradata Corporation (NYSE: TDC) is a data and analytics company that provides cloud-based and enterprise data-management solutions. Its platform is designed to help organizations collect, integrate, govern and analyze data from multiple sources, supporting business intelligence, advanced analytics and artificial intelligence initiatives.

The company’s offerings include Teradata Vantage, its analytics and data-platform technology, and VantageCloud, a cloud-based version available through public, private and hybrid cloud environments.