Thread regarding Teradata Corp. layoffs

I Don't think Todd made his number and he sells 1.2 million $ in stock.

https://www.marketbeat.com/instant-alerts/nyse-tdc-insider-buying-and-selling-2024-01-09/

Corrupt and Inept

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| 1721 views | | 6 replies (last January 13, 2024) | Reply
Post ID: @OP+1qwrNqJp

6 replies (most recent on top)

Does the Blackout Period not apply for TC ? I am irritated.

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Post ID: @2rgr+1qwrNqJp

Automatic sell last year at same time as now, so at least partial automatic sell this year also.

TC CRO was hired for his rolodex to get new customers but looks like no dice. With MS AI collaboration and if TC still has ears of some MS execs, MS might gobble this place up for chump change to get the IP and people for supporting their DB biz and migrate existing customers to Azure cloud. However, if TC leaves, look for rats jumping flaming ship.

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Post ID: @1owb+1qwrNqJp

Automatic stock sales recur as revenue recurs….oh, wait a minute, you say one doesn’t but the other does ?

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Post ID: @1vtq+1qwrNqJp

Doesn't matter if "the number" was $1 or $10M ... there's nothing that customers want to buy.

So, why not sell your shares while "making ever effort" sell the company's long-in-the-tooth, rag-tag products?

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Post ID: @njz+1qwrNqJp

He sells his stock every quarter. I think it’s on auto sell or his broker handles it for him. Everyone’s number is extremely high. I know few who can hit it. They call it a “Stretch Goal”. Meaning it’s nearly impossible to attain.

No new news.

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Post ID: @xdn+1qwrNqJp

No way he made his number. International has missed big time. Revenue will decline again for another year whilst every competitor increases year over year.

If he was targeted on new logos, he would be handing
money back.

I can't see him staying around much longer. Why would he want to keep on his resume that he was the CRO of a company losing revenue?

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Post ID: @efk+1qwrNqJp

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