Amalgamated Bank Purchases 4,123 Shares of Teradata Co. (NYSE:TDC)

Amalgamated Bank increased its position in shares of Teradata Co. (NYSE:TDC) by 5.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 81,264 shares of the technology company’s stock after buying an additional 4,123 shares during the period. Amalgamated Bank owned 0.08% of Teradata worth $3,536,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Teradata by 4.4% in the third quarter. Vanguard Group Inc. now owns 11,671,512 shares of the technology company’s stock worth $525,451,000 after purchasing an additional 496,702 shares during the period. American Century Companies Inc. increased its position in Teradata by 21.2% in the 3rd quarter. American Century Companies Inc. now owns 2,585,939 shares of the technology company’s stock worth $116,419,000 after buying an additional 451,816 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Teradata by 7.0% during the third quarter. AQR Capital Management LLC now owns 1,362,284 shares of the technology company’s stock worth $61,330,000 after buying an additional 89,280 shares during the last quarter. Boston Trust Walden Corp boosted its position in shares of Teradata by 3.1% in the fourth quarter. Boston Trust Walden Corp now owns 1,267,342 shares of the technology company’s stock valued at $55,142,000 after acquiring an additional 38,043 shares during the period. Finally, FMR LLC grew its stake in shares of Teradata by 24.4% in the third quarter. FMR LLC now owns 1,241,111 shares of the technology company’s stock worth $55,875,000 after acquiring an additional 243,806 shares during the last quarter. Institutional investors own 90.31% of the company’s stock.

Teradata Stock Up 0.6 %

Shares of NYSE:TDC opened at $32.88 on Friday. The company has a market capitalization of $3.21 billion, a PE ratio of 53.90, a P/E/G ratio of 1.64 and a beta of 0.95. The company has a debt-to-equity ratio of 4.02, a quick ratio of 0.86 and a current ratio of 0.87. The company’s fifty day moving average is $37.48 and its 200-day moving average is $42.08. Teradata Co. has a 52 week low of $31.61 and a 52 week high of $57.73.

Teradata (NYSE:TDC) last issued its quarterly earnings data on Monday, May 6th. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. Teradata had a net margin of 3.38% and a return on equity of 58.25%. The firm had revenue of $465.00 million for the quarter, compared to analysts’ expectations of $461.93 million. During the same period in the prior year, the firm earned $0.40 earnings per share. The company’s quarterly revenue was down 2.3% compared to the same quarter last year. Equities research analysts predict that Teradata Co. will post 1.27 earnings per share for the current fiscal year.

Insider Buying and Selling at Teradata

In other news, CEO Stephen Mcmillan sold 40,597 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $38.22, for a total value of $1,551,617.34. Following the completion of the sale, the chief executive officer now directly owns 528,302 shares in the company, valued at $20,191,702.44. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other news, insider Hillary Ashton sold 9,743 shares of Teradata stock in a transaction on Friday, March 1st. The stock was sold at an average price of $37.45, for a total value of $364,875.35. Following the completion of the sale, the insider now directly owns 156,704 shares of the company’s stock, valued at approximately $5,868,564.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Stephen Mcmillan sold 40,597 shares of the company’s stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $38.22, for a total value of $1,551,617.34. Following the transaction, the chief executive officer now directly owns 528,302 shares in the company, valued at approximately $20,191,702.44. The disclosure for this sale can be found here. In the last quarter, insiders sold 76,615 shares of company stock worth $2,903,644. 0.86% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

TDC has been the subject of several research analyst reports. Bank of America cut shares of Teradata from a “neutral” rating to an “underperform” rating and cut their target price for the company from $48.00 to $39.00 in a research note on Tuesday. Citigroup lifted their target price on Teradata from $57.00 to $60.00 and gave the stock a “buy” rating in a research report on Monday, February 12th. TD Cowen cut their price target on Teradata from $46.00 to $40.00 and set a “hold” rating for the company in a report on Tuesday. JMP Securities decreased their price objective on Teradata from $72.00 to $60.00 and set a “market outperform” rating on the stock in a report on Tuesday. Finally, StockNews.com lowered Teradata from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 12th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, Teradata currently has a consensus rating of “Hold” and a consensus target price of $49.90.

Teradata Company 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.