--- 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) --- # 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. ## Should you buy stock in Teradata right now? 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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. ### Related Stocks - [TDC.US](https://longbridge.com/en/quote/TDC.US.md) - [NFLX.US](https://longbridge.com/en/quote/NFLX.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Teradata (TDC) Faces A Fresh AI Test Following Its Platform Launch](https://longbridge.com/en/news/293850716.md) - [Baxter Q2 2026 Earnings Preview](https://longbridge.com/en/news/294224876.md) - [ERG announces availability of H1 2026 interim financial report](https://longbridge.com/en/news/294572882.md) - [Vale updates financial events calendar for 2026](https://longbridge.com/en/news/294418484.md) - [Equatorial Energia updates financial calendar for 2026 disclosures](https://longbridge.com/en/news/294368263.md)