Insider Selling: Teradata Corp. EVP Sells 8,000 Shares of Stock (TDC)
Teradata Corp. (NYSE:TDC) EVP Scott Gnau sold 8,000 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $60.00, for a total transaction of $480,000.00. Following the completion of the transaction, the executive vice president now directly owns 86,039 shares of the company’s stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on TDC. Analysts at Lazard Capital Markets reiterated a “buy” rating on shares of Teradata Corp. (NYSE:TDC) in a research note to investors on Wednesday. They now have a $75.00 price target on the stock. Separately, analysts at Longbow Research initiated coverage on shares of Teradata Corp. (NYSE:TDC) in a research note to investors on Thursday, August 29th. They set a “neutral” rating on the stock.
One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $65.53.
Shares of Teradata Corp. (NYSE:TDC) traded up 1.66% on Wednesday, hitting $60.48. The stock had a trading volume of 1,740,036 shares. Teradata Corp. has a 52-week low of $48.11 and a 52-week high of $77.85. The stock has a 50-day moving average of $60. and a 200-day moving average of $56.38. The company has a market cap of $9.864 billion and a P/E ratio of 26.29.
Teradata Corp. (NYSE:TDC) last released its earnings data on Thursday, August 1st. The company reported $0.76 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.71 by $0.05. The company had revenue of $670.00 million for the quarter, compared to the consensus estimate of $670.70 million. During the same quarter last year, the company posted $0.77 earnings per share. Teradata Corp.’s revenue was up .8% compared to the same quarter last year. On average, analysts predict that Teradata Corp. will post $3.04 earnings per share for the current fiscal year.
Teradata Corporation (NYSE:TDC) is engaged in analytic data solutions, including integrated data warehousing, big data analytics and business applications.
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