43,058 Teradata Corporation $TDC Shares Purchased by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP boosted its position in shares of Teradata Corporation (NYSE:TDC) by 8,577.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 43,560 shares of the technology company’s stock after buying an additional 43,058 shares during the quarter. Fulcrum Asset Management LLP’s holdings in Teradata were worth $1,250,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Twin Capital Management Inc. raised its position in shares of Teradata by 2.0% in the first quarter. Twin Capital Management Inc. now owns 21,019 shares of the technology company’s stock worth $539,000 after acquiring an additional 405 shares during the period. GAMMA Investing LLC grew its position in shares of Teradata by 10.6% during the 2nd quarter. GAMMA Investing LLC now owns 5,646 shares of the technology company’s stock valued at $196,000 after acquiring an additional 541 shares during the period. Elevation Wealth Partners LLC grew its position in shares of Teradata by 65.7% during the 3rd quarter. Elevation Wealth Partners LLC now owns 1,959 shares of the technology company’s stock valued at $56,000 after acquiring an additional 777 shares during the period. Choreo LLC grew its position in shares of Teradata by 6.5% during the 3rd quarter. Choreo LLC now owns 13,150 shares of the technology company’s stock valued at $379,000 after acquiring an additional 800 shares during the period. Finally, Pension & Wealth Management Advisors Inc. purchased a new position in shares of Teradata in the 3rd quarter valued at about $25,000. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Insider Activity at Teradata

In other Teradata news, COO Michael D. Hutchinson sold 48,077 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $30.00, for a total value of $1,442,310.00. Following the sale, the chief operating officer owned 171,927 shares of the company’s stock, valued at $5,157,810. The trade was a 21.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Stephen Mcmillan sold 10,000 shares of the company’s stock in a transaction on Monday, November 9th. The stock was sold at an average price of $32.51, for a total value of $325,100.00. Following the transaction, the chief executive officer owned 742,446 shares in the company, valued at $24,136,919.46. This trade represents a 1.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 68,077 shares of company stock worth $2,067,610. Company insiders own 0.96% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Weiss Ratings raised Teradata from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. Barclays increased their price target on Teradata from $27.00 to $28.00 and gave the stock an “underweight” rating in a research report on Friday, November 6th. Morgan Stanley lowered Teradata from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $35.00 to $29.00 in a report on Monday, August 10th. UBS Group cut their price objective on Teradata from $36.00 to $32.00 and set a “neutral” rating for the company in a research report on Monday, September 21st. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $34.00 target price on shares of Teradata in a research note on Thursday, July 16th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $36.12.

Teradata Trading Up 1.3%

NYSE TDC opened at $33.22 on Thursday. The firm’s 50-day moving average is $30.81 and its two-hundred day moving average is $30.05. Teradata Corporation has a 12 month low of $23.86 and a 12 month high of $41.78. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.94 and a quick ratio of 0.92. The stock has a market capitalization of $3.04 billion, a P/E ratio of 7.02, a PEG ratio of 2.06 and a beta of 0.61.

Teradata (NYSE:TDC) last announced its earnings results on Thursday, November 5th. The technology company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.12. Teradata had a net margin of 27.24% and a return on equity of 35.61%. The company had revenue of $399.00 million during the quarter, compared to analyst estimates of $395.66 million. During the same quarter last year, the firm posted $0.72 earnings per share. Teradata’s revenue was down 4.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Teradata Corporation will post 1.85 earnings per share for the current year.

Teradata Company Profile

Teradata provides cloud analytics and data platform services for organizations that manage large, complex data environments. Its offerings support the collection, integration, storage and analysis of data to help customers generate insights and build data-driven applications. The company’s portfolio includes Teradata VantageCloud, which supports cloud and hybrid deployments, and ClearScape Analytics, a set of tools for applying advanced analytics and artificial intelligence to data. Teradata also offers consulting, implementation and support services to help customers design and manage their data environments.