In a filing, Teradata Corp revealed its Director STEPHEN MCMILLAN acquired Company’s shares for reported $0.59 million on Nov 08 ’24. In the deal valued at $29.31 per share,20,000 shares were bought.
Then, Ashton Hillary sold 54,610 shares, generating $1,589,096 in total proceeds. Upon selling the shares at $29.10, the Chief Product Officer now owns 66,772 shares.
Before that, MCMILLAN STEPHEN sold 20,000 shares. Teradata Corp shares valued at $600,086 were divested by the President and CEO at a price of $30.00 per share. As a result of the transaction, MCMILLAN STEPHEN now holds 373,579 shares, worth roughly $9.26 million.
JMP Securities downgraded its Teradata Corp [TDC] rating to a Mkt perform from a a Mkt outperform in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid July with a ‘”a Sell”‘ rating. BofA Securities also remained covering TDC and has decreased its forecast on May 07, 2024 with a “an Underperform” recommendation from previously “Neutral” rating. Morgan Stanley revised its rating on February 13, 2024. It rated TDC as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of TDC
On Friday, Teradata Corp [NYSE:TDC] saw its stock fall -0.12% to $24.80. Over the last five days, the stock has lost -19.61%. Teradata Corp shares have fallen nearly -20.39% since the year began. Nevertheless, the stocks have fallen -35.11% over the past one year. While a 52-week high of $39.70 was reached on 01/28/25, a 52-week low of $22.73 was recorded on 02/12/25. SMA at 50 days reached $31.29, while 200 days put it at $31.24.
Levels Of Support And Resistance For TDC Stock
The 24-hour chart illustrates a support level at 24.56, which if violated will result in even more drops to 24.32. On the upside, there is a resistance level at 24.99. A further resistance level may holdings at 25.18. The Relative Strength Index (RSI) on the 14-day chart is 19.20, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.90%. Stochastics %K at 19.61% indicates the stock is a buying.
How much short interest is there in Teradata Corp?
A steep rise in short interest was recorded in Teradata Corp stocks on 2025-01-31, growing by 1.07 million shares to a total of 4.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 3.37 million shares. There was a rise of 24.02%, which implies that there is a positive sentiment for the stock.
