Harvest Fund Management Co. Ltd bought a new stake in Teradata Corporation (NYSE:TDC – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 24,432 shares of the technology company’s stock, valued at approximately $744,000.
Several other large investors have also modified their holdings of TDC. AQR Capital Management LLC boosted its holdings in shares of Teradata by 175.3% in the 2nd quarter. AQR Capital Management LLC now owns 3,913,277 shares of the technology company’s stock valued at $86,914,000 after buying an additional 2,491,938 shares in the last quarter. Alyeska Investment Group L.P. acquired a new position in shares of Teradata in the 3rd quarter valued at $23,549,000. Boston Partners boosted its holdings in shares of Teradata by 70.8% in the 3rd quarter. Boston Partners now owns 1,893,414 shares of the technology company’s stock valued at $40,729,000 after buying an additional 784,749 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Teradata by 5.0% in the 4th quarter. Vanguard Group Inc. now owns 12,953,545 shares of the technology company’s stock valued at $394,306,000 after buying an additional 612,624 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in shares of Teradata in the 2nd quarter valued at $11,309,000. Institutional investors and hedge funds own 90.31% of the company’s stock.
Teradata Stock Down 3.3%
TDC stock opened at $33.73 on Friday. Teradata Corporation has a one year low of $19.83 and a one year high of $41.78. The stock has a market capitalization of $3.17 billion, a PE ratio of 7.74, a price-to-earnings-growth ratio of 2.62 and a beta of 0.60. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.29 and a current ratio of 1.30. The company has a fifty day moving average of $29.36 and a 200-day moving average of $29.49.
Wall Street Analyst Weigh In
Several analysts recently commented on TDC shares. UBS Group reduced their price target on shares of Teradata from $36.00 to $34.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Barclays reduced their price target on shares of Teradata from $29.00 to $28.00 and set an “underweight” rating for the company in a research report on Wednesday, May 6th. Evercore reiterated an “outperform” rating and issued a $40.00 price target on shares of Teradata in a research report on Wednesday, February 11th. Citizens Jmp upped their price target on shares of Teradata from $42.00 to $49.00 and gave the company a “market outperform” rating in a research report on Wednesday, February 11th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Teradata in a research report on Friday, March 27th. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Teradata currently has an average rating of “Hold” and a consensus target price of $35.67.
Read Our Latest Stock Analysis on TDC
Insider Buying and Selling at Teradata
In other news, CEO Stephen Mcmillan sold 20,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $31.71, for a total value of $634,200.00. Following the completion of the sale, the chief executive officer owned 762,446 shares in the company, valued at approximately $24,177,162.66. This trade represents a 2.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CRO Richard J. Petley sold 17,227 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $35.00, for a total transaction of $602,945.00. Following the completion of the sale, the executive owned 188,571 shares of the company’s stock, valued at $6,599,985. This trade represents a 8.37% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 71,544 shares of company stock valued at $2,295,481 in the last 90 days. Company insiders own 0.96% of the company’s stock.
Teradata Company 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.
See Also
- Five stocks we like better than Teradata
- AI Server Earnings: Wall Street Sees One Clear Standout
- Navitas: NVIDIA’s AI Power Broker?
- A Lulu of a Miss Sends Lululemon to New Lows—Look Out Below
- NVIDIA’s New Power Play: Why Fluence Is Surging
Want to see what other hedge funds are holding TDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradata Corporation (NYSE:TDC – Free Report).
Receive News & Ratings for Teradata Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradata and related companies with MarketBeat.com's FREE daily email newsletter.
