Could Teradata Corporation Change Direction After Today’s Bullish Options Activity?

 Could Teradata Corporation Change Direction After Today's Bullish Options Activity?

In today’s session Teradata Corporation (TDC) registered an unusually high (500) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious TDC increase. With 500 contracts traded and 684 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: TDC161118C00030000 closed last at: $1.65 or 10% up. About 144,971 shares traded hands. Teradata Corporation (NYSE:TDC) has risen 9.65% since March 11, 2016 and is uptrending. It has outperformed by 4.19% the S&P500.

Analysts await Teradata Corporation (NYSE:TDC) to report earnings on November, 3. They expect $0.52 earnings per share, up 8.33% or $0.04 from last year’s $0.48 per share. TDC’s profit will be $66.28M for 14.41 P/E if the $0.52 EPS becomes a reality. After $0.65 actual earnings per share reported by Teradata Corporation for the previous quarter, Wall Street now forecasts -20.00% negative EPS growth.

Teradata Corporation (NYSE:TDC) Ratings Coverage

Out of 11 analysts covering Teradata Corporation (NYSE:TDC), 1 rate it a “Buy”, 5 “Sell”, while 5 “Hold”. This means 9% are positive. $33 is the highest target while $22 is the lowest. The $26.05 average target is -13.08% below today’s ($29.97) stock price. Teradata Corporation has been the topic of 22 analyst reports since August 7, 2015 according to StockzIntelligence Inc. As per Friday, August 7, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained Teradata Corporation (NYSE:TDC) on Friday, February 5 with “Sector Perform” rating. The firm has “Market Perform” rating by Cowen & Co given on Friday, June 24. The firm has “Overweight” rating given on Friday, August 28 by Atlantic Securities. Summit Research downgraded it to “Sell” rating and $22 target price in Monday, November 9 report. The rating was maintained by Barclays Capital with “Equal Weight” on Friday, August 7. RBC Capital Markets maintained the stock with “Sector Perform” rating in Friday, November 6 report. On Wednesday, January 6 the stock rating was downgraded by Barclays Capital to “Underweight”. The firm has “Neutral” rating given on Friday, August 7 by Mizuho. The stock of Teradata Corporation (NYSE:TDC) earned “Neutral” rating by Mizuho on Friday, November 6.

According to Zacks Investment Research, “Teradata Corporation is the world’s largest company focused on raising intelligence through data warehousing and enterprise analytics. Teradata is located in more than forty countries. Teradata is a trademark or registered trademark of Teradata Corporation in the United States and other countries.Number of employees in Teradata Corporation is 5,300”

Insitutional Activity: The institutional sentiment increased to 0.94 in Q2 2016. Its up 0.08, from 0.86 in 2016Q1. The ratio increased, as 49 funds sold all Teradata Corporation shares owned while 112 reduced positions. 46 funds bought stakes while 105 increased positions. They now own 128.83 million shares or 2.96% more from 125.13 million shares in 2016Q1.
First Tru Advsr L P accumulated 0.06% or 736,656 shares. Fuller & Thaler Asset Mgmt Incorporated, a California-based fund reported 4,150 shares. Brandywine Global Mngmt Lc holds 21,213 shares or 0% of its portfolio. Exxonmobil Inc Tx holds 33,651 shares or 0.02% of its portfolio. Schwab Charles Mngmt Inc accumulated 0.04% or 1.34 million shares. State Of Wisconsin Invest Board holds 86,378 shares or 0.01% of its portfolio. Chicago Equity Prtnrs Ltd owns 71,080 shares or 0.05% of their US portfolio. Amica Pension Fund Board Of Trustees has invested 0.03% of its portfolio in Teradata Corporation (NYSE:TDC). Meritage Port Mgmt accumulated 157,715 shares or 0.44% of the stock. Tower Lc (Trc) holds 3,686 shares or 0.01% of its portfolio. Voya Inv Mngmt Limited Co accumulated 0.01% or 89,086 shares. Empyrean Limited Partnership has invested 0.91% of its portfolio in Teradata Corporation (NYSE:TDC). Hotchkis & Wiley Cap Management Limited Co holds 0.38% of its portfolio in Teradata Corporation (NYSE:TDC) for 3.55 million shares. Lsv Asset Management has 2.18M shares for 0.11% of their US portfolio. Contravisory Invest Mgmt accumulated 0% or 354 shares.

Insider Transactions: Since May 26, 2016, the stock had 0 insider buys, and 4 selling transactions for $1.29 million net activity. On Thursday, May 26 Harrington Daniel L sold $264,242 worth of the stock or 9,574 shares. COOPER NANCY E had sold 1,840 shares worth $57,154 on Thursday, August 4. Fair Robert had sold 32,500 shares worth $905,998 on Friday, May 27. $63,714 worth of Teradata Corporation (NYSE:TDC) was sold by Ratzesberger Oliver on Thursday, September 1.

Teradata Corporation is a well-known provider of analytic data platforms, marketing and analytic applications, and related services. The company has a market cap of $3.82 billion. The Company’s analytic data platforms consist of software, hardware and related business consulting and support services for data warehousing, and big data analytics. It has a 96.09 P/E ratio. It operates in two divisions: data and analytics, and marketing applications.

TDC Company Profile

Teradata Corporation (Teradata), incorporated on March 27, 2007, is a well-known provider of analytic data platforms, marketing and analytic applications, and related services. The Company’s analytic data platforms consist of software, hardware and related business consulting and support services for data warehousing, and big data analytics. The Firm operates in two divisions: data and analytics, and marketing applications. The Company’s services include a range of offerings, such as consulting to help organizations design, optimize and manage their analytic and big data environments. The Company’s value-added consulting services provide expertise in data architecture services, cloud (software as a service, analytics as a service), private cloud, managed services and related installation services. In addition to its consulting services it offers a set of support services. The Firm serves clients around the world across a set of industries, including communications, e-commerce, financial services, government, gaming, healthcare, insurance, manufacturing, media and entertainment, gas and oil, retail, travel and transportation, and utilities with offerings ranging from departmental implementations to analytic data platforms and marketing applications. The Firm provides its offerings on-premise or in the cloud (as a service). Teradata operates from various locations within the United States with the primary locations being Dayton, Ohio; Johns Creek (Atlanta), Georgia, and Rancho Bernardo (San Diego), California. In addition, it has sales, services, research and development and administrative offices located in approximately 40 countries.

Another recent and important Teradata Corporation (NYSE:TDC) news was published by Seekingalpha.com which published an article titled: “Teradata: The UBS Downgrade Leaves Me Cold” on October 05, 2016.

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