Teradata (NYSE:TDC) COO Michael Hutchinson Sells 48,077 Shares

Key Points

• Teradata COO Michael Hutchinson sold 48,077 shares at an average price of $30, generating $1.44 million; the transaction reduced his direct ownership by 21.85% and was conducted under a pre-arranged Rule 10b5-1 plan.
• Teradata’s shares recently traded near $29.25, while the company reported quarterly earnings of $0.69 per share and revenue of $410 million, exceeding analyst expectations.
• Analysts maintain a consensus “Hold” rating with an average price target of $34.78, while institutional investors own approximately 90.31% of the company.

Teradata Corporation (NYSE:TDC - Get Free Report) COO Michael Hutchinson sold 48,077 shares of the stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $30.00, for a total transaction of $1,442,310.00. Following the completion of the sale, the chief operating officer directly owned 171,927 shares in the company, valued at approximately $5,157,810. The trade was a 21.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Teradata Trading Up 0.3%

Shares of Teradata stock traded up $0.09 during mid-day trading on Thursday, hitting $29.25. 698,184 shares of the stock were exchanged, compared to its average volume of 2,385,255. Teradata Corporation has a twelve month low of $20.33 and a twelve month high of $41.78. The stock has a market capitalization of $2.72 billion, a price-to-earnings ratio of 6.17, a price-to-earnings-growth ratio of 2.18 and a beta of 0.58. The company has a 50-day simple moving average of $29.08 and a 200 day simple moving average of $29.67. 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 posted 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 net margin of 27.08% and a return on equity of 47.25%. The business had revenue of $410.00 million during the quarter, compared to analyst estimates of $396.13 million. During the same quarter in the previous year, the business posted $0.47 earnings per share. The company's revenue was up .5% on a year-over-year basis. 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 forecast that Teradata Corporation will post 1.79 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on TDC shares. UBS Group lifted their price objective on Teradata from $34.00 to $36.00 and gave the company a "neutral" rating in a research report on Wednesday, August 5th. Wall Street Zen downgraded Teradata from a "strong-buy" rating to a "hold" rating in a research report on Saturday, August 8th. Morgan Stanley reissued an "equal weight" rating and issued a $29.00 price target (down from $35.00) on shares of Teradata in a research note on Monday, August 10th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Teradata in a research note on Wednesday, June 24th. Finally, Citigroup cut their price objective on shares of Teradata from $39.00 to $36.00 and set a "buy" rating on the stock in a report on Thursday, August 6th. Three investment 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.com, the company has a consensus rating of "Hold" and a consensus price target of $34.78.

Institutional Trading of Teradata

A number of institutional investors have recently modified their holdings of the company. BlackRock Inc. acquired a new position in Teradata during the 2nd quarter worth approximately $567,999,000. Bank of America Corp DE acquired a new stake in Teradata in the second quarter valued at approximately $44,869,000. Alyeska Investment Group L.P. purchased a new stake in shares of Teradata during the second quarter valued at approximately $44,472,000. Quantinno Capital Management LP lifted its position 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 worth $33,178,000 after purchasing an additional 1,191,677 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of Teradata in the second quarter valued at $24,728,000. 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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