The simultaneous open-market sales by the CEO and COO, without any disclosed 10b5-1 plan, are a strong bearish signal. Monitor for any forthcoming negative news (e.g., earnings miss, guidance cut, or restructuring) that may have prompted this selling.
Price Chart
Executive Summary
Two top Teradata executives, including the CEO and COO, sold a combined $1.74M in open-market sales on the same day (Sept 15, 2026). The CEO's sale of $300K is modest, but the COO's $1.44M sale is significant. This cluster of open-market selling by the two most senior officers is a bearish signal, especially given the company's poor historical stock performance and the lack of any disclosed 10b5-1 plan context.
Key Financial Metrics
Key Facts
- CEO Stephen McMillan sold 10,000 shares at $30.02, totaling $300,170 on Sept 15, 2026.
- COO Michael Hutchinson sold 48,100 shares at $30.00, totaling $1.44M on Sept 15, 2026.
- Total insider sales of $1.74M represent approximately 0.53% of Teradata's $326M market cap.
- Both sales were open-market (code S) with no indication of a 10b5-1 trading plan.
- The cluster occurred on a single day, suggesting coordinated or opportunistic selling.
Financial Impact
Total insider sales of $1.74M, or ~0.53% of market cap, concentrated in the CEO and COO on a single day.
Risk Factors
- Potential upcoming negative earnings or guidance revision.
- Further insider selling could accelerate a stock decline.
- Lack of insider buying to offset the selling signal.
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-TDC-1789668766091 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 12d ago | Press Release | $30.36 $31.35 | ▲ +3.26% | ▲ +2.84% | $34.85 (+14.79%) |
Sep 17, 2026 5w ago | Insider Cluster | $29.27 $28.89 | ▲ +1.30% | ▲ +1.18% | $34.85 (−19.06%) |
Aug 4, 2026 12w ago | 8-K | $26.23 $26.95 | ▲ +2.75% | ▲ +2.90% | $34.85 (+32.86%) |
May 20, 2026 22w ago | Insider Cluster | $32.77 $33.44 | ▲ +2.04% | ▲ +1.60% | $34.85 (+6.35%) |
May 19, 2026 23w ago | 8-K | $33.10 $32.77 | ▼ −1.00% | ▼ −1.19% | $34.85 (+5.29%) |
May 7, 2026 24w ago | Insider Cluster | $29.63 $31.59 | ▼ −6.61% | ▼ −5.78% | $34.85 (−17.62%) |
May 7, 2026 24w ago | Insider Cluster | $29.63 $31.59 | ▼ −6.61% | ▼ −5.78% | $34.85 (−17.62%) |
May 7, 2026 24w ago | Insider Cluster | $29.63 $31.59 | ▲ +6.61% | ▲ +5.78% | $34.85 (+17.62%) |
Mar 26, 2026 30w ago | DEFA14A | $25.31 $24.75 | ▼ −2.21% | ▼ −1.85% | $34.85 (+37.69%) |
US Market Status
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