Key Points
- Director Steven Anenen sold 4,000 shares on Dec. 17 at an average price of $3.85 for $15,400, reducing his holding to 53,314 shares (a 6.98% decrease).
- TeleTech reported quarterly EPS of $0.12 (missing the $0.25 estimate) while revenue of $519.14M topped expectations, and the company set FY2025 guidance of 0.95–1.20 EPS.
- Analyst sentiment is weak — the consensus rating is "Reduce" with a $3.50 target; the stock trades near $3.70 with a market cap of about $180M and a negative P/E.
TeleTech Holdings, Inc. (NASDAQ:TTEC - Get Free Report) Director Steven Anenen sold 4,000 shares of TeleTech stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $3.85, for a total transaction of $15,400.00. Following the sale, the director owned 53,314 shares in the company, valued at $205,258.90. This represents a 6.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
TeleTech Trading Up 1.1%
NASDAQ TTEC opened at $3.70 on Friday. The stock has a market cap of $179.64 million, a P/E ratio of -9.74, a PEG ratio of 0.42 and a beta of 1.09. The company's fifty day simple moving average is $3.34 and its 200-day simple moving average is $3.96. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 3.14. TeleTech Holdings, Inc. has a 52 week low of $2.48 and a 52 week high of $5.60.
TeleTech (NASDAQ:TTEC - Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The business services provider reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.13). TeleTech had a positive return on equity of 8.95% and a negative net margin of 0.84%.The firm had revenue of $519.14 million for the quarter, compared to analysts' expectations of $497.92 million. TeleTech has set its FY 2025 guidance at 0.950-1.200 EPS. Equities research analysts predict that TeleTech Holdings, Inc. will post 0.33 EPS for the current fiscal year.
Institutional Trading of TeleTech
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Intech Investment Management LLC acquired a new position in TeleTech during the 3rd quarter valued at approximately $35,000. Skandinaviska Enskilda Banken AB publ bought a new stake in TeleTech in the second quarter valued at $39,000. Harvest Management LLC bought a new stake in TeleTech in the second quarter valued at $48,000. Quarry LP acquired a new position in shares of TeleTech during the third quarter valued at $56,000. Finally, Boothbay Fund Management LLC bought a new position in shares of TeleTech during the third quarter worth about $74,000. 38.03% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research firms recently commented on TTEC. Weiss Ratings reiterated a "sell (e+)" rating on shares of TeleTech in a research note on Wednesday, October 8th. Wall Street Zen lowered TeleTech from a "buy" rating to a "hold" rating in a research report on Saturday, November 8th. Finally, William Blair downgraded shares of TeleTech from an "outperform" rating to a "market perform" rating in a research report on Monday, November 10th. Four investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Reduce" and a consensus target price of $3.50.
Check Out Our Latest Stock Report on TTEC
About TeleTech
(
Get Free Report)
TTEC Holdings, Inc operates as a customer experience (CX) company that designs, builds, and operates technology-enabled customer experiences across digital and live interaction channels. It operates through two segments, TTEC Digital and TTEC Engage. The TTEC Digital segment provides CX technologies for contact center as a service, customer relationship management, and artificial intelligence (AI) and analytics; creates and implements strategic CX transformation roadmaps; sells, operates, and provides managed services for cloud platforms and premise based CX technologies; creates proprietary IP to support industry specific and custom client needs; and offers CX consulting services.
Further Reading
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