Ieq Capital LLC bought a new stake in shares of Teradata Corporation (NYSE:TDC – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 51,892 shares of the technology company’s stock, valued at approximately $1,798,000.
Several other hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in Teradata during the second quarter worth about $567,999,000. AQR Capital Management LLC lifted its holdings in Teradata by 175.3% in the second quarter. AQR Capital Management LLC now owns 3,913,277 shares of the technology company’s stock valued at $86,914,000 after acquiring an additional 2,491,938 shares during the period. Fuller & Thaler Asset Management Inc. purchased a new stake in Teradata in the 4th quarter worth approximately $67,125,000. Defiance ETFs LLC purchased a new stake in Teradata in the 4th quarter worth approximately $38,968,000. Finally, Quantinno Capital Management LP grew its stake in shares of Teradata by 1,158.9% during the 1st quarter. Quantinno Capital Management LP now owns 1,294,502 shares of the technology company’s stock worth $33,178,000 after purchasing an additional 1,191,677 shares during the period. 90.31% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In other Teradata news, Director Timothy C. K. Chou sold 5,657 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $33.72, for a total transaction of $190,754.04. Following the completion of the sale, the director directly owned 39,210 shares in the company, valued at approximately $1,322,161.20. The trade was a 12.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Richard J. Petley sold 17,227 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $35.00, for a total value of $602,945.00. Following the transaction, the executive directly owned 188,571 shares of the company’s stock, valued at $6,599,985. The trade was a 8.37% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.96% of the stock is owned by corporate insiders.
Teradata Trading Down 0.6%
Teradata (NYSE:TDC – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The technology company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.13. The company had revenue of $410.00 million during the quarter, compared to analysts’ expectations of $396.13 million. Teradata had a net margin of 27.08% and a return on equity of 47.25%. The firm’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the prior year, the business posted $0.47 earnings per share. Teradata has set its Q3 2026 guidance at 0.550-0.590 EPS and its FY 2026 guidance at 2.650-2.730 EPS. On average, equities research analysts forecast that Teradata Corporation will post 1.78 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on TDC. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $34.00 target price on shares of Teradata in a report on Thursday, July 16th. Morgan Stanley restated an “equal weight” rating and set a $29.00 price target (down from $35.00) on shares of Teradata in a research report on Monday, August 10th. Zacks Research cut shares of Teradata from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Teradata in a research report on Wednesday, June 24th. Finally, Citigroup lowered their target price on shares of Teradata from $39.00 to $36.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Teradata presently has an average rating of “Hold” and a consensus target price of $34.78.
Get Our Latest Research Report on TDC
Teradata Profile
Teradata Corporation is a global provider of enterprise analytics and data management solutions designed to help organizations unlock value from their data assets. The company offers both cloud-based and on-premises platforms that support data warehousing, big data analytics, and machine learning. Through its flagship analytics ecosystem, Teradata enables businesses to integrate, analyze, and manage large volumes of structured and unstructured data at scale.
Central to Teradata’s product suite is the Teradata Vantage analytics platform, which unifies diverse data types across multiple environments—including public and private clouds—into a single, coherent architecture.
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