Teradata Corporation (NYSE:TDC) Shares Sold by Clark Estates Inc. NY

Clark Estates Inc. NY trimmed its position in Teradata Corporation (NYSE:TDC - Free Report) by 14.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 83,600 shares of the technology company's stock after selling 14,601 shares during the period. Clark Estates Inc. NY owned approximately 0.09% of Teradata worth $1,879,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Tsfg LLC purchased a new position in shares of Teradata in the first quarter worth $26,000. UMB Bank n.a. raised its holdings in shares of Teradata by 153.1% in the first quarter. UMB Bank n.a. now owns 1,906 shares of the technology company's stock worth $43,000 after buying an additional 1,153 shares during the last quarter. Aster Capital Management DIFC Ltd raised its holdings in shares of Teradata by 53.0% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,567 shares of the technology company's stock worth $49,000 after buying an additional 543 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Teradata by 150.9% in the first quarter. GAMMA Investing LLC now owns 4,589 shares of the technology company's stock worth $103,000 after buying an additional 2,760 shares during the last quarter. Finally, Raiffeisen Bank International AG purchased a new position in shares of Teradata in the fourth quarter worth $117,000. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on TDC shares. Morgan Stanley raised shares of Teradata from an "equal weight" rating to an "overweight" rating and set a $26.00 price target for the company in a report on Tuesday, April 8th. Barclays reduced their target price on shares of Teradata from $25.00 to $22.00 and set an "underweight" rating for the company in a report on Monday, April 21st. Northland Capmk cut shares of Teradata from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 7th. UBS Group raised shares of Teradata from a "sell" rating to a "hold" rating and reduced their target price for the stock from $26.00 to $24.00 in a report on Friday, June 6th. Finally, Wall Street Zen raised shares of Teradata from a "hold" rating to a "buy" rating in a report on Saturday, June 14th. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $27.25.

Teradata Price Performance

Shares of NYSE TDC traded down $0.78 during trading on Friday, hitting $20.15. The company had a trading volume of 1,211,987 shares, compared to its average volume of 866,179. The stock has a fifty day simple moving average of $22.03 and a two-hundred day simple moving average of $23.55. Teradata Corporation has a fifty-two week low of $18.43 and a fifty-two week high of $33.69. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of 14.19, a price-to-earnings-growth ratio of 6.26 and a beta of 0.83. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 3.11.

Teradata (NYSE:TDC - Get Free Report) last announced its earnings results on Tuesday, May 6th. The technology company reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.09. Teradata had a net margin of 8.10% and a return on equity of 129.98%. The business had revenue of $418.00 million for the quarter, compared to analyst estimates of $423.85 million. During the same quarter last year, the business earned $0.57 earnings per share. The company's revenue for the quarter was down 10.1% compared to the same quarter last year. On average, research analysts expect that Teradata Corporation will post 1.31 earnings per share for the current year.

Teradata Company 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.