Amundi Has $2.33 Million Position in Teradata Corporation $TDC

Key Points

• Amundi reduced its Teradata stake by 44.2% in the second quarter, selling 53,415 shares and retaining 67,323 shares valued at approximately $2.33 million.
• Institutional investors and hedge funds own about 90.31% of Teradata, while several analysts recently lowered price targets or downgraded the stock. The consensus rating is “Hold,” with an average target price of $34.78.
• Teradata reported quarterly EPS of $0.69, exceeding the $0.56 consensus estimate, while revenue of $410 million also topped expectations. Shares opened at $27.86, near the lower end of their 52-week range.

Amundi cut its stake in shares of Teradata Corporation (NYSE:TDC - Free Report) by 44.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 67,323 shares of the technology company's stock after selling 53,415 shares during the quarter. Amundi owned approximately 0.07% of Teradata worth $2,333,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. bought a new position in Teradata in the 2nd quarter valued at $30,000. Financial Management Professionals Inc. bought a new position in shares of Teradata in the second quarter valued at about $36,000. Elevation Wealth Partners LLC lifted its position in Teradata by 587.2% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,182 shares of the technology company's stock worth $41,000 after buying an additional 1,010 shares in the last quarter. Nykredit A S bought a new stake in shares of Teradata during the second quarter valued at approximately $44,000. Finally, Global Retirement Partners LLC acquired a new position in Teradata during the 2nd quarter worth $46,000. Institutional investors and hedge funds own 90.31% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Morgan Stanley reaffirmed an "equal weight" rating and set a $29.00 price target (down from $35.00) on shares of Teradata in a research note on Monday, August 10th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $34.00 price objective on shares of Teradata in a research report on Thursday, July 16th. Zacks Research cut Teradata from a "strong-buy" rating to a "hold" rating in a report on Wednesday, May 20th. Wall Street Zen lowered shares of Teradata from a "strong-buy" rating to a "hold" rating in a report on Saturday, August 8th. Finally, Barclays dropped their target price on shares of Teradata from $28.00 to $27.00 and set an "underweight" rating for the company in a research report on Wednesday, August 5th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $34.78.

Teradata Price Performance

Shares of TDC opened at $27.86 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a 50 day simple moving average of $29.48 and a 200 day simple moving average of $29.70. Teradata Corporation has a 52-week low of $20.33 and a 52-week high of $41.78. The firm has a market capitalization of $2.59 billion, a PE ratio of 5.86, a P/E/G ratio of 2.07 and a beta of 0.58.

Teradata (NYSE:TDC - Get Free Report) last announced its earnings results on Tuesday, August 4th. The technology company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.56 by $0.13. Teradata had a net margin of 27.08% and a return on equity of 47.25%. The firm had revenue of $410.00 million for the quarter, compared to the consensus estimate of $396.13 million. During the same period last year, the company posted $0.47 EPS. The business's quarterly revenue was up .5% on a year-over-year basis. Teradata has set its Q3 2026 guidance at 0.550-0.590 EPS and its FY 2026 guidance at 2.650-2.730 EPS. Sell-side analysts predict that Teradata Corporation will post 1.79 EPS for the current fiscal year.

About Teradata

Teradata Corporation NYSE: TDC is a data and analytics company that provides cloud-based and enterprise data-management solutions. Its platform is designed to help organizations collect, integrate, govern and analyze data from multiple sources, supporting business intelligence, advanced analytics and artificial intelligence initiatives.

The company's offerings include Teradata Vantage, its analytics and data-platform technology, and VantageCloud, a cloud-based version available through public, private and hybrid cloud environments.

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