Teradata Corporation $TDC Shares Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in Teradata Corporation (NYSE:TDC) by 43.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 103,459 shares of the technology company’s stock after acquiring an additional 31,300 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Teradata were worth $2,984,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Twin Capital Management Inc. lifted its position in Teradata by 2.0% during the 1st quarter. Twin Capital Management Inc. now owns 21,019 shares of the technology company’s stock worth $539,000 after acquiring an additional 405 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Teradata by 10.6% during the second quarter. GAMMA Investing LLC now owns 5,646 shares of the technology company’s stock valued at $196,000 after acquiring an additional 541 shares during the period. Elevation Wealth Partners LLC grew its position in shares of Teradata by 65.7% in the third quarter. Elevation Wealth Partners LLC now owns 1,959 shares of the technology company’s stock valued at $56,000 after purchasing an additional 777 shares during the last quarter. Choreo LLC grew its position in shares of Teradata by 6.5% in the third quarter. Choreo LLC now owns 13,150 shares of the technology company’s stock valued at $379,000 after purchasing an additional 800 shares during the last quarter. Finally, Pension & Wealth Management Advisors Inc. acquired a new stake in shares of Teradata in the third quarter valued at about $25,000. Institutional investors own 90.31% of the company’s stock.

Teradata Stock Performance

Shares of NYSE TDC opened at $33.59 on Tuesday. The firm has a market capitalization of $3.12 billion, a price-to-earnings ratio of 7.07, a PEG ratio of 2.55 and a beta of 0.62. Teradata Corporation has a one year low of $20.54 and a one year high of $41.78. The business has a fifty day simple moving average of $30.13 and a 200 day simple moving average of $29.94. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.08.

Teradata (NYSE:TDC) last released its quarterly earnings data on Tuesday, August 4th. The technology company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.13. Teradata had a return on equity of 47.25% and a net margin of 27.08%. The company had revenue of $410.00 million for the quarter, compared to the consensus estimate of $396.13 million. During the same period in the previous year, the business earned $0.47 earnings per share. The company’s quarterly revenue was up .5% on a year-over-year basis. Sell-side analysts expect that Teradata Corporation will post 1.79 EPS for the current year.

Insider Activity

In other Teradata news, CEO Stephen Mcmillan sold 10,000 shares of Teradata stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $30.02, for a total transaction of $300,200.00. Following the completion of the sale, the chief executive officer owned 752,446 shares of the company’s stock, valued at approximately $22,588,428.92. The trade was a 1.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Michael D. Hutchinson sold 48,077 shares of Teradata stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $30.00, for a total value of $1,442,310.00. Following the sale, the chief operating officer directly owned 171,927 shares of the company’s stock, valued at approximately $5,157,810. This trade represents a 21.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.96% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

TDC has been the subject of several research analyst reports. Wall Street Zen cut Teradata from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings restated a “hold (c)” rating on shares of Teradata in a research note on Monday, September 21st. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $34.00 target price on shares of Teradata in a report on Thursday, July 16th. Morgan Stanley downgraded Teradata from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $35.00 to $29.00 in a research report on Monday, August 10th. Finally, Citigroup lifted their price target on Teradata from $36.00 to $40.00 and gave the stock a “buy” rating in a research report on Friday. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Teradata currently has an average rating of “Hold” and a consensus price target of $34.78.

Teradata Company Profile

Teradata Corporation (NYSE: TDC) is a data and analytics technology company that helps organizations collect, manage, analyze and govern large volumes of enterprise data. Its offerings are designed to support business intelligence, advanced analytics, artificial intelligence and machine learning across complex data environments.

The company’s portfolio includes Teradata VantageCloud, a cloud analytics platform available through public-cloud and hybrid deployment models, as well as ClearScape Analytics, which provides tools for developing and deploying advanced analytics and AI workloads.