Teradata Corporation’s Stock Is Sell After Today’s Bearish Options Activity

 Teradata Corporation's Stock Is Sell After Today's Bearish Options Activity

In today’s session Teradata Corporation (TDC) recorded an unusually high (360) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious TDC decrease. With 360 contracts traded and 3824 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: TDC161118P00030000 closed last at: $3.2 or 3% down. About 752,863 shares traded hands. Teradata Corporation (NYSE:TDC) has risen 3.28% since March 31, 2016 and is uptrending. It has outperformed by 0.75% the S&P500.

Analysts await Teradata Corporation (NYSE:TDC) to report earnings on November, 3. They expect $0.52 EPS, up 8.33% or $0.04 from last year’s $0.48 per share. TDC’s profit will be $68.18M for 13.05 P/E if the $0.52 EPS becomes a reality. After $0.65 actual EPS 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. Teradata Corporation has been the topic of 22 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The firm has “Underweight” rating given on Wednesday, January 6 by Barclays Capital. The stock has “Sell” rating given by UBS on Monday, October 3. Mizuho maintained it with “Neutral” rating and $33 target price in Friday, August 7 report. The stock of Teradata Corporation (NYSE:TDC) earned “Sector Perform” rating by RBC Capital Markets on Friday, August 7. The firm earned “Sell” rating on Friday, December 11 by Goldman Sachs. The stock of Teradata Corporation (NYSE:TDC) earned “Sector Perform” rating by RBC Capital Markets on Friday, February 5. The firm has “Neutral” rating by Mizuho given on Friday, November 6. Summit Research downgraded it to “Sell” rating and $22 target price in Monday, November 9 report. Cowen & Co initiated the shares of TDC in a report on Friday, June 24 with “Market Perform” rating. On Friday, August 7 the stock rating was downgraded by Susquehanna to “Neutral”.

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 improved, 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.
The Montana-based Da Davidson And Communications has invested 0% in Teradata Corporation (NYSE:TDC). The Massachusetts-based American Research And has invested 0% in Teradata Corporation (NYSE:TDC). Td Asset Mgmt has invested 0% of its portfolio in Teradata Corporation (NYSE:TDC). Connor Clark & Lunn Inv Ltd accumulated 0.13% or 724,675 shares. Moreover, State Of Tennessee Treasury Department has 0% invested in Teradata Corporation (NYSE:TDC) for 29,502 shares. North Star Inv accumulated 860 shares or 0% of the stock. Canada Pension Plan Inv Board holds 0.05% of its portfolio in Teradata Corporation (NYSE:TDC) for 524,577 shares. Fuller And Thaler Asset Mngmt accumulated 4,150 shares or 0% of the stock. Pinebridge Invests L P holds 3,240 shares or 0% of its portfolio. Glenmede Na, a Pennsylvania-based fund reported 9,448 shares. Jane Street Group Limited Liability last reported 17,691 shares in the company. Martingale Asset Mgmt Ltd Partnership holds 0.06% or 144,076 shares in its portfolio. Baldwin Brothers Ma last reported 0% of its portfolio in the stock. Moreover, Great West Life Assurance Can has 0.01% invested in Teradata Corporation (NYSE:TDC) for 79,503 shares. Moreover, Tradewinds Capital Mngmt Ltd Liability Corp has 0% invested in Teradata Corporation (NYSE:TDC) for 13 shares.

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

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 $3.56 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 204.74 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: A Tale Of Two Companies” on October 31, 2016.

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