Clark Estates Inc. NY Invests $3.34 Million in Teradata Co. (NYSE:TDC)

Clark Estates Inc. NY bought a new stake in Teradata Co. (NYSE:TDC) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 110,100 shares of the technology company’s stock, valued at approximately $3,340,000. Clark Estates Inc. NY owned 0.12% of Teradata as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of TDC. Crewe Advisors LLC acquired a new position in shares of Teradata in the 2nd quarter valued at about $26,000. GAMMA Investing LLC increased its holdings in Teradata by 88.0% in the third quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock worth $29,000 after purchasing an additional 447 shares in the last quarter. Brooklyn Investment Group acquired a new position in Teradata in the third quarter valued at approximately $32,000. Hexagon Capital Partners LLC boosted its holdings in shares of Teradata by 111.4% during the 2nd quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock worth $33,000 after buying an additional 507 shares in the last quarter. Finally, Allworth Financial LP increased its stake 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 valued at $40,000 after acquiring an additional 569 shares in the last quarter. Institutional investors own 90.31% of the company’s stock.

Insider Activity

In other Teradata news, insider Hillary Ashton sold 14,962 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $27.53, for a total value of $411,903.86. Following the transaction, the insider now directly owns 121,382 shares in the company, valued at $3,341,646.46. The trade was a 10.97 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Margaret A. Treese sold 5,500 shares of the firm’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 transaction of $156,750.00. Following the sale, the insider now owns 96,783 shares of the company’s stock, valued at approximately $2,758,315.50. The trade was a 5.38 % decrease in their position. The disclosure for this sale can be found here. 0.86% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

TDC has been the topic of a number of research analyst reports. Northland Securities cut their price objective on shares of Teradata from $38.00 to $37.00 and set an “outperform” rating on the stock in a research report on Tuesday, November 5th. UBS Group raised their price objective on Teradata from $24.00 to $26.00 and gave the company a “sell” rating in a research note on Tuesday, November 5th. Evercore ISI upped their target price on Teradata from $34.00 to $37.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. Morgan Stanley cut their target price on Teradata from $44.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 6th. Finally, 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 research note on Tuesday, August 6th. Three analysts have rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $39.91.

Teradata Price Performance

TDC opened at $31.27 on Wednesday. The firm’s fifty day moving average price is $30.59 and its two-hundred day moving average price is $30.99. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of 37.23, a P/E/G ratio of 3.06 and a beta of 0.80. The company has a debt-to-equity ratio of 4.01, a current ratio of 0.80 and a quick ratio of 0.79. Teradata Co. has a 1 year low of $24.02 and a 1 year high of $49.44.

Teradata (NYSE:TDC) last issued its quarterly earnings data on Monday, November 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. The business had revenue of $440.00 million during the quarter, compared to the consensus estimate of $417.71 million. Teradata had a net margin of 4.56% and a return on equity of 145.40%. The firm’s quarterly revenue was up .5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.14 EPS. As a group, analysts anticipate 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.