Thread regarding Teradata Corp. layoffs

As Teradata Corporation's (NYSE:TDC)) market cap dropped by US$146m, insiders who sold US$2.6m worth of stock were able to offset their losses

https://simplywall.st/stocks/us/software/nyse-tdc/teradata/news/as-teradata-corporations-nysetdc-market-cap-dropped-by-us146

Insiders at Teradata Corporation (NYSE:TDC) sold US$2.6m worth of stock at an average price of US$48.21 a share over the past year, making the most of their investment. The company’s market cap plunged by US$146m after price dropped by 4.4% last week but insiders were able to limit their loss to an extent.

Although we don't think shareholders should simply follow insider transactions, we would consider it foolish to ignore insider transactions altogether.

Teradata Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Chief Human Resources Officer, KCC, sold US$1.1m worth of shares at a price of US$49.29 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The silver lining is that this sell-down took place above the latest price (US$31.18). So it is hard to draw any strong conclusion from it.

In the last year Teradata insiders didn't buy any company stock. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

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| 1392 views | | 3 replies (last September 20, 2022) | Reply
Post ID: @OP+1iNlbhQ1

3 replies (most recent on top)

this look suspicious, maybe insider trading?

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Post ID: @1qve+1iNlbhQ1

Plenty of money for more cats then….

the Chief Human Resources Officer, KCC, sold US$1.1m worth of shares at a price of US$49.29 per share.

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Post ID: @1kdk+1iNlbhQ1

Chump change.

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Post ID: @1oaq+1iNlbhQ1

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