---
title: "Teradata's Chief Revenue Officer Sold Over 17,000 Shares. What Does That Mean for Investors?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288944658.md"
description: "Teradata's Chief Revenue Officer Richard Petley sold 17,227 shares worth ~$603,000 on June 1, 2026. The sale was part of a prearranged Rule 10b5-1 plan and involved only direct holdings, reducing his stake by 8.4%. Despite the sale, Petley retains over $6.95 million in direct ownership. The transaction occurred amid rising stock prices and strong company fundamentals, including AI-driven demand and increased recurring revenue."
datetime: "2026-06-07T01:55:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288944658.md)
  - [en](https://longbridge.com/en/news/288944658.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288944658.md)
generator: "portal-rs"
---

# Teradata's Chief Revenue Officer Sold Over 17,000 Shares. What Does That Mean for Investors?

## Key Points

-   CRO Richard Petley sold 17,227 shares for a transaction value of approximately ~$603,000 on June 1, 2026.
-   All shares were sold directly; no derivative or option activity was reported.
-   This sale follows a prior disposition in May, with trade sizes reflecting a shrinking direct holdings base rather than a voluntary slowdown in sale cadence.
-   10 stocks we like better than Teradata ›

Richard J. Petley, Chief Revenue Officer of **Teradata** (NYSE:TDC), reported the sale of 17,227 shares of common stock in open-market transactions on June 1, 2026, as disclosed in an SEC Form 4 filing.

## Transaction summary

| Metric                                    | Value           |
| ----------------------------------------- | --------------- |
| Shares sold (direct)                      | 17,227          |
| Transaction value                         | \~$603,000      |
| Post-transaction shares (direct)          | 188,571         |
| Post-transaction value (direct ownership) | \~$6.95 million |

*Transaction value based on SEC Form 4 weighted average purchase price ($35.00); post-transaction value based on June 1, 2026 market close ($36.83).*

## Key questions

-   **How does this sale compare to Petley's recent trading activity?**
    Since May of this year, Petley has executed two open-market sales totaling 51,544 shares, with the current transaction reflecting a decrease in trade size that is consistent with the reduction in his available share inventory.
-   **What proportion of Petley's direct holdings was affected by this transaction?**
    The sale accounted for 8.4% of his direct ownership, moving his direct holdings from 205,798 shares to 188,571 shares.
-   **Were any indirect holdings or derivative securities involved?**
    The transaction exclusively involved direct ownership; no indirect entities or derivative securities, such as options, were part of the reported sale.
-   **What are the implications for Petley's ongoing ownership and selling capacity?**
    Following this sale, Petley retains a direct stake valued at approximately ~$6.95 million as of June 1, 2026, with remaining capacity for future transactions now limited by a lower share count.

## Company overview

| Metric                                | Value           |
| ------------------------------------- | --------------- |
| Price (as of market close 2026-06-01) | $36.83          |
| Revenue (TTM)                         | $1.69 billion   |
| Net income (TTM)                      | $421.00 million |
| 1-year price change                   | 52.01%          |

\* 1-year performance calculated using June 1st, 2026 as the reference date.

## Company snapshot

-   Teradata Vantage is the core product, providing a multi-cloud data analytics platform; services include consulting, support, and maintenance.
-   The company generates revenue through software subscriptions, cloud-based analytics solutions, and professional services aimed at enterprise clients.
-   Primary customers include organizations in financial services, government, healthcare, manufacturing, retail, telecommunications, and transportation sectors globally.

Teradata operates at scale as a leading provider of enterprise analytics platforms, serving a diverse global client base. The company's strategy centers on enabling organizations to manage and analyze complex data across multi-cloud environments, supporting digital transformation and ecosystem simplification.

With a focus on mission-critical analytics and robust consulting services, Teradata maintains a competitive edge in the evolving data infrastructure market.

## What this transaction means for investors

The June 1 sale of Teradata stock by Chief Revenue Officer Richard Petley came at a time when shares experienced a rising price in 2026. The stock reached a 52-week high of $41.78 in February, and was still well above the low of $19.83 when Petley executed his sale.

That said, his transaction is not necessarily a cause for investor concern, given its non-discretionary nature. The disposition was implemented as part of a prearranged Rule 10b5-1 trading plan, adopted in December of 2025. Such plans are often implemented by insiders to avoid accusations of trading based on insider information.

Moreover, Petley retained over 188,000 shares post-transaction, indicating his equity stake remains robust. Holding on to the stock looks like a good strategy given Teradata’s business is performing well.

The rise of artificial intelligence created increased demand for the company’s data capabilities. This contributed to first-quarter sales of $444 million, up 6% from the previous year’s $418 million. Moreover, its recurring revenue of $400 million represented a 12% year-over-year increase, and bodes well for Teradata’s ability to maintain sales.

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*Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool recommends Teradata. The Motley Fool has a disclosure policy.*

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**