Insiders sold 115,780 shares and bought ZERO shares last 3 months

Since August 7 after earnings, when TDC shares nose dived on reality, omitting automatic sells, here are some insiders cashing out at the expense of laying people off

No one bought any .... what happened to confidence in the company and holding or buying shares when it´s low

INSIDER LAST DATE TRANSACTION SHARES PRICE SHARES HELD
MCMILLAN STEPHEN 09/11/2023 Automatic Sell 7,500 $44.39 517,997
ASHTON HILLARY 09/05/2023 Automatic Sell 1,833 $45.29 112,883
ASHTON HILLARY 09/01/2023 (Non Open Market) 3,605 $45.87 114,716
TREESE MARGARET A 09/01/2023 (Non Open Market) 105 $45.87 86,064
ASHTON HILLARY 08/16/2023 Sell 26,049 $44.53 118,321
TREESE MARGARET A 08/14/2023 Sell 14,592 $44.74 86,169
MCMILLAN STEPHEN 08/11/2023 Automatic Sell 7,500 $45.07 525,497
CULLEN-COTE KATHL 08/11/2023 Sell 6,000 $45.50 123,769
BRAMLEY CLAIRE 08/11/2023 Automatic Sell 4,427 $45.05 106,227
CIONE TODD Officer 08/11/2023 Sell 41,472 $45.00 126,426

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https://simplywall.st/stocks/us/software/nyse-tdc/teradata/news/dont-ignore-the-insider-selling-in-teradata

Wall Street knows TDC is in trouble + ELT is selling off as fast as they can.

Well NCR is in Wack-a-Mole mode right now. Maybe TDC could contract with some of their Project Managers as independent contractors. That would make it easier to ditch the over paid Teradata teams. IBM might even be able to do it for less.

Total profit play right now. Squeeze out all costs to maximize profitability. R&D, S&M, Employee reduction, office closures, T&E reductions (apart from ELT world tours, as they love to travel together). Prop up stock with AI washing acquisitions; this buys them enough time to realize a profit on their RSUs and Options. Then they all have an upside when they get fired or let go, most have option accelerators and 2-year severance built into their deals. Win/win for them, lose/lose for the rest of us employees.

Who would invest in this sh**t show? Sell your stock now if you have any! It will only go down. To much risk here.

This ELT owns it all now. No where to hide. Unless new logos and revenues happen, layoffs, other accounting tricks, and belt tightening will be enforced by the 1% ELT and their brown nosers to keep their scam going.

2023 results will tell the tale. We must wait until February since the most amazing data analytics company in the universe takes five weeks to figure out quarterly results.

What's amazing to me is that leadership is so greedy that they won't even buy a token amount of Teredata stock. (Which could be sold right back) To at least give the veneer that Teradata stock is worth buying + holding onto.

Leadership is so enamored by Teradatas future that that they're not buying shares when stock is "cheap" at $45.

Why wouldn't you buy more shares when everything is going so well that the stock is guaranteed to go up?

Teradata Possible?

Thread regarding Teradata Corp. layoffs

Insiders sold 115,780 shares and bought ZERO shares last 3 months

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