Amalgamated Bank Has $1.40 Million Position in Teradata Co. (NYSE:TDC)

Amalgamated Bank decreased its position in shares of Teradata Co. (NYSE:TDC) by 25.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 46,033 shares of the technology company’s stock after selling 15,911 shares during the quarter. Amalgamated Bank’s holdings in Teradata were worth $1,397,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of TDC. Crewe Advisors LLC acquired a new position in shares of Teradata in the 2nd quarter valued at $26,000. GAMMA Investing LLC grew its stake in Teradata by 88.0% in the third quarter. GAMMA Investing LLC now owns 955 shares of the technology company’s stock valued at $29,000 after acquiring an additional 447 shares during the period. Hexagon Capital Partners LLC increased its holdings in shares of Teradata by 111.4% in the second quarter. Hexagon Capital Partners LLC now owns 962 shares of the technology company’s stock worth $33,000 after acquiring an additional 507 shares in the last quarter. Allworth Financial LP raised its position in shares of Teradata by 75.2% during the third quarter. Allworth Financial LP now owns 1,326 shares of the technology company’s stock worth $40,000 after purchasing an additional 569 shares during the period. Finally, International Assets Investment Management LLC lifted its holdings in shares of Teradata by 2,934.1% during the 3rd quarter. International Assets Investment Management LLC now owns 1,335 shares of the technology company’s stock valued at $44,000 after purchasing an additional 1,291 shares in the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on TDC shares. Barclays dropped their target price on shares of Teradata from $30.00 to $29.00 and set an “underweight” rating on the stock in a report on Tuesday, November 5th. StockNews.com raised shares of Teradata from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Royal Bank of Canada reiterated a “sector perform” rating and set a $32.00 target price on shares of Teradata in a report on Tuesday, November 5th. Evercore ISI boosted their price target on Teradata from $34.00 to $37.00 and gave the company an “outperform” rating in a report on Tuesday, October 15th. Finally, Northland Securities decreased their price objective on Teradata from $38.00 to $37.00 and set an “outperform” rating for the company 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 company. Based on data from MarketBeat.com, Teradata presently has a consensus rating of “Hold” and a consensus target price of $39.91.

Teradata Stock Up 1.0 %

TDC stock opened at $29.76 on Thursday. The company has a market cap of $2.85 billion, a price-to-earnings ratio of 35.42, a P/E/G ratio of 2.89 and a beta of 0.80. Teradata Co. has a twelve month low of $24.02 and a twelve month high of $49.44. The business has a 50 day moving average price of $30.26 and a two-hundred day moving average price of $31.36. The company has a quick ratio of 0.79, a current ratio of 0.80 and a debt-to-equity ratio of 4.01.

Teradata (NYSE:TDC) last issued its earnings results on Monday, November 4th. The technology company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. The business had revenue of $440.00 million for 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 revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the company earned $0.14 earnings per share. Analysts anticipate that Teradata Co. will post 1.41 EPS for the current fiscal year.

Insider Activity

In related news, insider Margaret A. Treese sold 5,500 shares of Teradata stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $28.50, for a total transaction of $156,750.00. Following the completion of the transaction, the insider now owns 96,783 shares in the company, valued at approximately $2,758,315.50. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Teradata news, insider Margaret A. Treese sold 5,500 shares of the firm’s stock in a transaction 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 completion of the sale, the insider now owns 96,783 shares of the company’s stock, valued at $2,758,315.50. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Hillary Ashton sold 14,962 shares of Teradata stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $27.53, for a total transaction of $411,903.86. Following the transaction, the insider now directly owns 121,382 shares of the company’s stock, valued at approximately $3,341,646.46. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.92% of the stock is owned by insiders.

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.