Vise Technologies Inc. Acquires 2,415 Shares of Teradata Co. (NYSE:TDC)

Vise Technologies Inc. boosted its position in shares of Teradata Co. (NYSE:TDC – Get Rating) by 21.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,894 shares of the technology company’s stock after purchasing an additional 2,415 shares during the period. Vise Technologies Inc.’s holdings in Teradata were worth $468,000 at the end of the most recent quarter.
Several other institutional investors have also recently added to or reduced their stakes in TDC. Armstrong Advisory Group Inc. bought a new position in Teradata during the 4th quarter valued at about $34,000. Canada Pension Plan Investment Board bought a new position in Teradata during the 1st quarter valued at about $44,000. Ronald Blue Trust Inc. lifted its holdings in Teradata by 104.4% during the 4th quarter. Ronald Blue Trust Inc. now owns 1,441 shares of the technology company’s stock valued at $45,000 after purchasing an additional 736 shares during the last quarter. Quantbot Technologies LP bought a new position in Teradata during the 1st quarter valued at about $71,000. Finally, Lazard Asset Management LLC increased its position in Teradata by 48.6% in the 1st quarter. Lazard Asset Management LLC now owns 1,933 shares of the technology company’s stock valued at $95,000 after acquiring an additional 632 shares in the last quarter. 90.92% of the stock is owned by institutional investors.
Teradata Stock Down 0.8 %
Teradata stock opened at $46.01 on Friday. The company’s 50 day simple moving average is $40.64 and its 200 day simple moving average is $36.94. Teradata Co. has a fifty-two week low of $28.65 and a fifty-two week high of $46.53. The firm has a market capitalization of $4.65 billion, a price-to-earnings ratio of 127.81, a PEG ratio of 2.50 and a beta of 0.92. The company has a debt-to-equity ratio of 2.43, a current ratio of 1.01 and a quick ratio of 1.00.
Insider Buying and Selling
In related news, insider Kathleen R. Cullen-Cote sold 24,400 shares of Teradata stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $40.78, for a total transaction of $995,032.00. Following the transaction, the insider now owns 121,489 shares of the company’s stock, valued at approximately $4,954,321.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Teradata news, CFO Claire Bramley sold 4,528 shares of Teradata stock in a transaction that occurred on Friday, May 12th. The shares were sold at an average price of $44.21, for a total value of $200,182.88. Following the transaction, the chief financial officer now owns 120,920 shares of the company’s stock, valued at $5,345,873.20. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Kathleen R. Cullen-Cote sold 24,400 shares of Teradata stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $40.78, for a total transaction of $995,032.00. Following the completion of the transaction, the insider now directly owns 121,489 shares in the company, valued at approximately $4,954,321.42. The disclosure for this sale can be found here. 0.92% of the stock is owned by insiders.
Analysts Set New Price Targets
TDC has been the subject of several research reports. TheStreet upgraded shares of Teradata from a “c” rating to a “b-” rating in a research report on Thursday, May 4th. Barclays raised their price objective on shares of Teradata from $37.00 to $41.00 in a research report on Friday, May 5th. Craig Hallum raised their price objective on shares of Teradata from $48.00 to $50.00 in a research report on Friday, May 5th. Northland Securities initiated coverage on shares of Teradata in a research report on Tuesday, May 2nd. They issued an “outperform” rating and a $63.00 price objective for the company. Finally, 92 Resources restated a “maintains” rating on shares of Teradata in a research report on Friday, April 28th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $47.44.
Teradata Company Profile
Teradata Corp. is a cloud data analytics company which is built for a multi-cloud reality and solving data challenges at scale. It operates through the following geographical segments: Americas, EMEA, and APJ. The company was founded on July 13, 1979, and is headquartered in San Diego, CA.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Teradata, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Teradata wasn’t on the list.
While Teradata currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
