Teradata Co. (NYSE:TDC) Shares Acquired by Atria Investments Inc

Atria Investments Inc lifted its holdings in shares of Teradata Co. (NYSE:TDC) by 10.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,867 shares of the technology company’s stock after acquiring an additional 643 shares during the quarter. Atria Investments Inc’s holdings in Teradata were worth $208,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Crewe Advisors LLC purchased a new stake in Teradata during the 2nd quarter worth $26,000. GAMMA Investing LLC increased its position in shares of Teradata by 88.0% in the 3rd quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after purchasing an additional 447 shares during the last quarter. Hexagon Capital Partners LLC increased its position in shares of Teradata by 111.4% in the 2nd quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock worth $33,000 after purchasing an additional 507 shares during the last quarter. Allworth Financial LP increased its position in shares of Teradata by 75.2% in the 3rd quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock worth $40,000 after purchasing an additional 569 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of Teradata by 2,934.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock worth $44,000 after purchasing an additional 1,291 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on TDC shares. Barclays dropped their target price on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating for the company in a research report on Tuesday, November 5th. JMP Securities downgraded shares of Teradata from an “outperform” rating to a “market perform” rating in a research report on Tuesday, August 6th. Royal Bank of Canada reissued a “sector perform” rating and issued a $32.00 target price on shares of Teradata in a research report on Tuesday, November 5th. TD Cowen decreased their price target on shares of Teradata from $37.00 to $29.00 and set a “hold” rating for the company in a report on Tuesday, August 6th. Finally, Northland Securities decreased their price target on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $39.91.

Insider Activity at Teradata

In related news, insider Hillary Ashton sold 14,962 shares of the firm’s stock in a transaction that occurred on Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value of $411,903.86. Following the completion of the transaction, the insider now owns 121,382 shares in the company, valued at $3,341,646.46. This trade represents a 10.97 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Margaret A. Treese sold 5,500 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $28.50, for a total transaction of $156,750.00. Following the completion of the transaction, the insider now owns 96,783 shares of the company’s stock, valued at approximately $2,758,315.50. This trade represents a 5.38 % decrease in their position. The disclosure for this sale can be found here. 0.92% of the stock is owned by insiders.

Teradata Price Performance

NYSE:TDC opened at $30.70 on Monday. Teradata Co. has a 1-year low of $24.02 and a 1-year high of $49.44. The company has a current ratio of 0.80, a quick ratio of 0.79 and a debt-to-equity ratio of 4.01. The firm has a fifty day simple moving average of $30.54 and a 200 day simple moving average of $31.00. The stock has a market capitalization of $2.94 billion, a PE ratio of 36.55, a P/E/G ratio of 2.98 and a beta of 0.80.

Teradata (NYSE:TDC) last released its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The firm had revenue of $440.00 million during the quarter, compared to analysts’ expectations of $417.71 million. During the same period in the previous year, the business posted $0.14 earnings per share. The company’s revenue for the quarter was up .5% compared to the same quarter last year. On average, research analysts expect that Teradata Co. will post 1.41 EPS for the current fiscal year.

Teradata 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.