Atria Investments Inc Acquires 643 Shares of Teradata Co. (NYSE:TDC)

Atria Investments Inc lifted its holdings in shares of Teradata Co. (NYSE:TDC) by 10.3% during the third quarter, HoldingsChannel reports. The firm owned 6,867 shares of the technology company’s stock after purchasing 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 (SEC).

Other hedge funds also recently made changes to their positions in the company. Crewe Advisors LLC purchased a new stake in Teradata in the 2nd quarter worth about $26,000. GAMMA Investing LLC increased its holdings in 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 acquiring an additional 447 shares during the last quarter. Hexagon Capital Partners LLC increased its holdings in 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 acquiring an additional 507 shares during the last quarter. Allworth Financial LP increased its holdings in 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 acquiring an additional 569 shares during the last quarter. Finally, International Assets Investment Management LLC increased its holdings in 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 acquiring an additional 1,291 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Royal Bank of Canada reissued a “sector perform” rating and issued a $32.00 price objective on shares of Teradata in a report on Tuesday, November 5th. Barclays decreased their price objective on Teradata from $30.00 to $29.00 and set an “underweight” rating for the company in a report on Tuesday, November 5th. Evercore ISI lifted their price objective on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a report on Tuesday, October 15th. Northland Securities reduced their target price on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th. Finally, UBS Group lifted their target price on Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a report on Tuesday, November 5th. Three research analysts have rated the stock with a sell rating, four have given a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $39.91.

Insider Transactions at Teradata

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

Teradata Stock Up 1.1 %

Shares of NYSE TDC opened at $30.70 on Monday. Teradata Co. has a 12 month low of $24.02 and a 12 month 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 market capitalization of $2.94 billion, a price-to-earnings ratio of 36.55, a PEG ratio of 2.98 and a beta of 0.80. The business has a 50-day moving average of $30.54 and a 200-day moving average of $31.00.

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

About Teradata

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.