Teradata Corporation (TDC) Shares Sold by Sei Investments Co.

Sei Investments Co. lowered its position in shares of Teradata Corporation (NYSE:TDC) by 8.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 329,713 shares of the technology company’s stock after selling 32,020 shares during the period. Sei Investments Co.’s holdings in Teradata Corporation were worth $9,724,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Texas Permanent School Fund raised its position in shares of Teradata Corporation by 149.9% in the second quarter. Texas Permanent School Fund now owns 95,562 shares of the technology company’s stock worth $2,818,000 after buying an additional 57,318 shares during the period. Great West Life Assurance Co. Can boosted its position in shares of Teradata Corporation by 131.2% in the second quarter. Great West Life Assurance Co. Can now owns 79,064 shares of the technology company’s stock valued at $2,330,000 after buying an additional 44,874 shares in the last quarter. Harbour Capital Advisors LLC boosted its position in shares of Teradata Corporation by 2,486.9% in the second quarter. Harbour Capital Advisors LLC now owns 36,863 shares of the technology company’s stock valued at $1,250,000 after buying an additional 35,438 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its position in shares of Teradata Corporation by 1,401.2% in the second quarter. Municipal Employees Retirement System of Michigan now owns 61,850 shares of the technology company’s stock valued at $1,824,000 after buying an additional 57,730 shares in the last quarter. Finally, ING Groep NV boosted its position in shares of Teradata Corporation by 127.0% in the second quarter. ING Groep NV now owns 16,522 shares of the technology company’s stock valued at $487,000 after buying an additional 9,243 shares in the last quarter.

Teradata Corporation (TDC) opened at 30.85 on Friday. The company has a 50 day moving average price of $30.10 and a 200-day moving average price of $29.96. The firm has a market cap of $3.89 billion, a price-to-earnings ratio of 40.22 and a beta of 1.28. Teradata Corporation has a 52-week low of $26.27 and a 52-week high of $33.32.

Teradata Corporation (NYSE:TDC) last released its quarterly earnings data on Thursday, July 27th. The technology company reported $0.22 EPS for the quarter, meeting analysts’ consensus estimates of $0.22. The business had revenue of $513 million during the quarter, compared to the consensus estimate of $519.79 million. Teradata Corporation had a return on equity of 21.12% and a net margin of 4.63%. The firm’s revenue was down 14.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.71 earnings per share. Equities research analysts anticipate that Teradata Corporation will post $1.24 EPS for the current year.

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Several research analysts recently weighed in on TDC shares. TheStreet cut Teradata Corporation from a “b-” rating to a “c” rating in a research note on Thursday, April 27th. BTIG Research started coverage on Teradata Corporation in a research note on Monday, April 17th. They set a “neutral” rating for the company. Deutsche Bank AG reaffirmed a “hold” rating and set a $30.00 target price (down previously from $32.00) on shares of Teradata Corporation in a research note on Saturday, April 29th. Sanford C. Bernstein started coverage on Teradata Corporation in a research note on Wednesday, May 24th. They set an “underperform” rating and a $25.00 target price for the company. Finally, BidaskClub raised Teradata Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, June 27th. Six analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $28.50.

In related news, insider Victor L. Lund acquired 31,270 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The stock was acquired at an average price of $31.95 per share, for a total transaction of $999,076.50. Following the completion of the acquisition, the insider now owns 111,447 shares of the company’s stock, valued at approximately $3,560,731.65. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Stephen Mark Scheppmann sold 47,065 shares of the company’s stock in a transaction dated Monday, July 31st. The shares were sold at an average price of $31.83, for a total value of $1,498,078.95. Following the completion of the sale, the chief financial officer now owns 143,689 shares of the company’s stock, valued at approximately $4,573,620.87. The disclosure for this sale can be found here. Corporate insiders own 1.73% of the company’s stock.

Teradata Corporation Company Profile

Teradata Corporation is a provider of analytic data platforms, analytic applications and related services. The Company’s segments include Americas region (North America and Latin America) and International region (Europe, Middle East, Africa, Asia Pacific and Japan). Its offerings include analytics solutions, ecosystem architecture consulting and hybrid cloud solutions.

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Institutional Ownership by Quarter for Teradata Corporation (NYSE:TDC)

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