Insider Selling: Teradata (NYSE:TDC) CEO Sells 10,000 Shares

Key Points

• Teradata CEO Stephen McMillan sold 10,000 shares at an average price of $30.02, generating $300,200. The transaction occurred under a pre-arranged Rule 10b5-1 plan and reduced his ownership by 1.31%.
• Teradata’s shares recently traded around $29.25, with a 52-week range of $20.33 to $41.78. The company reported quarterly EPS of $0.69, exceeding estimates of $0.56, while revenue reached $410 million.
• Analysts maintain a consensus “Hold” rating with an average price target of $34.78, although several firms recently lowered their targets. Institutional investors own approximately 90.31% of the company.

Teradata Corporation (NYSE:TDC - Get Free Report) CEO Stephen Mcmillan sold 10,000 shares of Teradata stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $30.02, for a total value of $300,200.00. Following the completion of the sale, the chief executive officer owned 752,446 shares in the company, valued at approximately $22,588,428.92. The trade was a 1.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Teradata Price Performance

NYSE:TDC traded up $0.09 during trading hours on Thursday, hitting $29.25. 698,184 shares of the stock were exchanged, compared to its average volume of 2,385,255. The firm's fifty day moving average price is $29.08 and its 200 day moving average price is $29.67. Teradata Corporation has a 52-week low of $20.33 and a 52-week high of $41.78. The company has a market cap of $2.72 billion, a P/E ratio of 6.16, a P/E/G ratio of 2.18 and a beta of 0.58. 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 - Get Free Report) last released its earnings results on Tuesday, August 4th. The technology company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.13. The business had revenue of $410.00 million for the quarter, compared to the consensus estimate of $396.13 million. Teradata had a return on equity of 47.25% and a net margin of 27.08%.The business's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter last year, the business posted $0.47 earnings per share. Teradata has set its Q3 2026 guidance at 0.550-0.590 EPS and its FY 2026 guidance at 2.650-2.730 EPS. As a group, equities research analysts anticipate that Teradata Corporation will post 1.79 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have issued reports on TDC. Citigroup lowered their target price on shares of Teradata from $39.00 to $36.00 and set a "buy" rating on the stock in a research note on Thursday, August 6th. Morgan Stanley reiterated an "equal weight" rating and issued a $29.00 target price (down from $35.00) on shares of Teradata in a research report on Monday, August 10th. Zacks Research downgraded shares of Teradata from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 20th. Weiss Ratings restated a "hold (c)" rating on shares of Teradata in a research report on Wednesday, June 24th. Finally, Barclays dropped their price objective on shares of Teradata from $28.00 to $27.00 and set an "underweight" rating for the company in a research note on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $34.78.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. acquired a new stake in Teradata during the second quarter worth about $30,000. Financial Management Professionals Inc. acquired a new position in Teradata in the 2nd quarter valued at about $36,000. Elevation Wealth Partners LLC boosted its holdings in Teradata by 587.2% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,182 shares of the technology company's stock valued at $41,000 after purchasing an additional 1,010 shares during the last quarter. Nykredit A S purchased a new stake in shares of Teradata in the 2nd quarter valued at approximately $44,000. Finally, Global Retirement Partners LLC acquired a new stake in shares of Teradata during the 2nd quarter worth approximately $46,000. Hedge funds and other institutional investors own 90.31% of the company's stock.

Teradata Company Profile

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.

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