SG Americas Securities LLC boosted its holdings in Teradata Corporation (NYSE:TDC – Free Report) by 63.8% in the 1st quarter, Holdings Channel reports. The firm owned 90,393 shares of the technology company’s stock after purchasing an additional 35,216 shares during the period. SG Americas Securities LLC’s holdings in Teradata were worth $2,317,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently bought and sold shares of the company. L2 Asset Management LLC grew its position in Teradata by 2.1% during the 4th quarter. L2 Asset Management LLC now owns 18,250 shares of the technology company’s stock worth $556,000 after purchasing an additional 376 shares during the last quarter. Osaic Holdings Inc. raised its holdings in shares of Teradata by 9.1% in the fourth quarter. Osaic Holdings Inc. now owns 5,073 shares of the technology company’s stock valued at $154,000 after buying an additional 424 shares during the last quarter. Rothschild Investment LLC raised its holdings in shares of Teradata by 13.6% in the fourth quarter. Rothschild Investment LLC now owns 3,550 shares of the technology company’s stock valued at $108,000 after buying an additional 425 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Teradata by 14.0% during the fourth quarter. GAMMA Investing LLC now owns 4,272 shares of the technology company’s stock worth $130,000 after buying an additional 524 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in shares of Teradata by 0.7% during the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 80,559 shares of the technology company’s stock worth $2,452,000 after buying an additional 550 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.
Teradata Trading Down 0.5%
NYSE TDC opened at $34.48 on Thursday. The stock has a market capitalization of $3.24 billion, a P/E ratio of 7.91, a P/E/G ratio of 2.60 and a beta of 0.59. Teradata Corporation has a 52-week low of $19.83 and a 52-week high of $41.78. The firm has a 50-day moving average price of $31.79 and a 200 day moving average price of $29.95. The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 0.85.
Analysts Set New Price Targets
Several equities analysts recently issued reports on TDC shares. Barclays dropped their price target on Teradata from $29.00 to $28.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 6th. UBS Group lowered their target price on Teradata from $36.00 to $34.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Zacks Research lowered Teradata from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 20th. Citizens Jmp restated a “market outperform” rating and set a $49.00 price target on shares of Teradata in a research note on Wednesday, June 10th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Teradata in a report on Friday, May 22nd. Four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $35.67.
Get Our Latest Analysis on Teradata
Insider Activity at Teradata
In other Teradata news, Director Timothy C. K. Chou sold 5,657 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $33.72, for a total value of $190,754.04. Following the completion of the sale, the director owned 39,210 shares of the company’s stock, valued at approximately $1,322,161.20. This trade represents a 12.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Richard J. Petley sold 17,227 shares of the business’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 sale, the executive owned 188,571 shares in the company, valued at $6,599,985. The trade was a 8.37% decrease in their ownership of the stock. 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 have sold a total of 77,201 shares of company stock worth $2,486,235 over the last three months. 0.96% of the stock is currently owned by corporate insiders.
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.
Recommended Stories
- Five stocks we like better than Teradata
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
- Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
- Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
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.
