Teradata Corporation (NYSE:TDC) has tumbled 0.65% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 4.65% in the last four weeks. In the past week, the company has outperformed the S&P 500 by 0.55% and the outperformance has advanced to 3.7% for the last 4 weeks period.
Teradata Corporation (NYSE:TDC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.23 and $27.13 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.67, notching a gain of 1.62% for the day. The total traded volume was 2,591,980 . The stock had closed at $27.23 on the previous day.
The company shares have dropped -28.24% from its 1 Year high price. On Jun 22, 2015, the shares registered one year high at $38.95 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $27.20 and the 200 Day Moving Average price is recorded at $25.94.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that Harrington Daniel L, officer (EVP, Intl Region & Global Svcs) of Teradata Corp /De/, had unloaded 9,574 shares at an average price of $27.6 in a transaction dated on May 26, 2016. The total value of the transaction was worth $264,242.
Many analysts have stated their opinion on the company shares. Summit Research upgrades its view on Teradata Corporation (NYSE:TDC) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Earlier, the shares had a rating of Sell. Summit Research raises the price target from $23 per share to $25 per share on Teradata Corporation. The rating by the firm was issued on May 5, 2016. Currently the company Insiders own 2.64% of Teradata Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.31% . Institutional Investors own 96.31% of Teradata Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -5.61%.
Teradata Corporation (Teradata) is a provider of analytic data platforms, marketing and analytic applications, and related services. The Companys analytic data platforms consist of software, hardware, and related business consulting and support services for data warehousing, and big data analytics. The Company operates in two segments: data and analytics, and marketing applications. The Companys software and hardware products include Teradata Database Software, Teradata Workload-Specific Platforms, Teradata Aster Discovery Platform, Teradata Portfolio for Hadoop, Teradata QueryGrid and Teradata Marketing Applications. Its service offerings include Teradata Business Consulting Services, Teradata Technology and Implementation Services, Teradata Cloud Services, Teradata Managed Services, Teradata Marketing Services, Teradata Customer Support Services and Training Services.