Levi & Korsinsky Reminds Shareholders of an Investigation into Teradata Corporation (TDC) Regarding Potential Securities Fraud Allegations
NEW YORK, NY / ACCESSWIRE / June 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Teradata Corporation ("Teradata") (NYSE:TDC) concerning possible violations of federal securities laws. On February 12, 2024, Teradata announced 4Q 2023 results and then reduced its estimated growth for the full year 2024.
Investors who lost money on Teradata Corporation should contact Levi & Korsinsky about an ongoing investigation - TDC
NEW YORK, NY / ACCESSWIRE / June 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Teradata Corporation ("Teradata") (NYSE:TDC) concerning possible violations of federal securities laws. On February 12, 2024, Teradata announced 4Q 2023 results and then reduced its estimated growth for the full year 2024.
Shareholder Rights Advocates at Levi & Korsinsky Investigate Teradata Corporation (TDC) Regarding Possible Securities Fraud Violations
NEW YORK, NY / ACCESSWIRE / June 3, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Teradata Corporation ("Teradata") (NYSE:TDC) concerning possible violations of federal securities laws. On February 12, 2024, Teradata announced 4Q 2023 results and then reduced its estimated growth for the full year 2024.
Did Teradata Corporation Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - TDC
NEW YORK, NY / ACCESSWIRE / May 31, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Teradata Corporation ("Teradata") (NYSE:TDC) concerning possible violations of federal securities laws. On February 12, 2024, Teradata announced 4Q 2023 results and then reduced its estimated growth for the full year 2024.
Teradata Co. (NYSE:TDC) Shares Sold by Charles Schwab Investment Management Inc.
Charles Schwab Investment Management Inc. reduced its position in Teradata Co. (NYSE:TDC – Free Report) by 1.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 980,178 shares of the technology company’s stock after selling 13,074 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.00% of Teradata worth $42,648,000 as of its most recent filing with the SEC. A number of other large investors also recently bought and sold shares of the company. Private Advisor Group LLC increased its stake in shares of Teradata by 18.4% during the fourth quarter. Private Advisor Group LLC now owns 6,763 shares of the technology company’s stock worth $294,000 after acquiring an additional 1,053 shares during the period. Amalgamated Bank raised its stake in shares of Teradata by 5.3% during the 4th quarter. Amalgamated Bank now owns 81,264 shares of the technology company’s stock worth $3,536,000 after buying an additional 4,123 shares in the last quarter. Los Angeles Capital Management LLC lifted its holdings in shares of Teradata by 9.5% in the 4th quarter. Los Angeles Capital Management LLC now owns 426,005 shares of the technology company’s stock valued at $18,535,000 after buying an additional 36,934 shares during the period. Natixis Advisors L.P. boosted its stake in shares of Teradata by 4.2% in the fourth quarter. Natixis Advisors L.P. now owns 13,197 shares of the technology company’s stock valued at $574,000 after buying an additional 535 shares in the last quarter. Finally, Mission Wealth Management LP grew its holdings in Teradata by 4.4% during the fourth quarter. Mission Wealth Management LP now owns 26,859 shares of the technology company’s stock worth $1,169,000 after acquiring an additional 1,144 shares during the period. Hedge funds and other institutional investors own 90.31% of the company’s stock. Teradata Trading Down 1.1 % Shares of TDC opened at $33.57 on Monday. Teradata Co. has a fifty-two week low of $31.61 and a fifty-two week high of $57.73. The stock has a fifty day moving average of $36.95 and a two-hundred day moving average of $41.69. The company has a debt-to-equity ratio of 9.83, a quick ratio of 0.77 and a current ratio of 0.78. The company has a market capitalization of $3.25 billion, a PE ratio of 79.93, a price-to-earnings-growth ratio of 2.24 and a beta of 0.95. Teradata (NYSE:TDC – Get Free Report) last issued its quarterly earnings results on Monday, May 6th. The technology company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. Teradata had a return on equity of 70.34% and a net margin of 2.31%. The firm had revenue of $465.00 million for the quarter, compared to analyst estimates of $461.93 million. During the same period last year, the company earned $0.40 EPS. The firm’s quarterly revenue was down 2.3% on a year-over-year basis. As a group, analysts forecast that Teradata Co. will post 1.18 EPS for the current year. Analysts Set New Price Targets A number of research analysts have issued reports on the stock. Evercore ISI dropped their target price on shares of Teradata from $58.00 to $46.00 and set an “outperform” rating for the company in a report on Tuesday, May 7th. StockNews.com downgraded Teradata from a “strong-buy” rating to a “buy” rating in a research note on Friday, April 12th. Barclays lowered their price objective on shares of Teradata from $39.00 to $35.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 7th. Royal Bank of Canada cut their target price on shares of Teradata from $48.00 to $44.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 7th. Finally, Bank of America lowered shares of Teradata from a “neutral” rating to an “underperform” rating and lowered their price target for the company from $48.00 to $39.00 in a research report on Tuesday, May 7th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $49.90. Get Our Latest Stock Report on Teradata Insider Buying and Selling In other Teradata news, CEO Stephen Mcmillan sold 40,597 shares of Teradata stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $38.22, for a total value of $1,551,617.34. Following the transaction, the chief executive officer now owns 528,302 shares in the company, valued at approximately $20,191,702.44. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, insider Michael D. Hutchinson sold 18,500 shares of the stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $32.96, for a total transaction of $609,760.00. Following the completion of the sale, the insider now owns 55,190 shares of the company’s stock, valued at approximately $1,819,062.40. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Stephen Mcmillan sold 40,597 shares of Teradata stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $38.22, for a total transaction of $1,551,617.34. Following the transaction, the chief executive officer now directly owns 528,302 shares in the company, valued at $20,191,702.44. The disclosure for this sale can be found here. Over the last quarter, insiders sold 95,115 shares of company stock valued at $3,513,404. Insiders own 0.92% of the company’s stock. About Teradata (Free Report) 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.
Teradata Corporation (TDC) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights
NEW YORK, NY / ACCESSWIRE / May 17, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Teradata Corporation ("Teradata") (NYSE:TDC) concerning possible violations of federal securities laws. On February 12, 2024, Teradata announced 4Q 2023 results and then reduced its estimated growth for the full year 2024.
