Bank of America Corp DE Grows Stock Position in Teradata Corporation $TDC

Key Points

• Bank of America increased its Teradata stake by 21.7% in the first quarter, acquiring 235,116 additional shares and bringing its holdings to 1.32 million shares, or 1.40% of the company. Institutional investors collectively own 90.31% of Teradata.
• Teradata exceeded quarterly expectations, reporting earnings per share of $0.69 versus the $0.56 consensus and revenue of $410 million. The company guided for third-quarter 2026 EPS of $0.55–$0.59 and full-year EPS of $2.65–$2.73.
• Analyst sentiment remains mixed, with three Buy, six Hold, and one Sell rating; the average rating is Hold with a $34.78 price target. Two executives also sold shares under pre-arranged Rule 10b5-1 plans.

Bank of America Corp DE grew its stake in Teradata Corporation (NYSE:TDC - Free Report) by 21.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,320,653 shares of the technology company's stock after buying an additional 235,116 shares during the quarter. Bank of America Corp DE owned 1.40% of Teradata worth $33,848,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. SJS Investment Consulting Inc. lifted its holdings in Teradata by 25,800.0% in the first quarter. SJS Investment Consulting Inc. now owns 1,813 shares of the technology company's stock valued at $46,000 after acquiring an additional 1,806 shares during the period. Parallel Advisors LLC boosted its holdings in Teradata by 197.5% during the fourth quarter. Parallel Advisors LLC now owns 1,529 shares of the technology company's stock worth $47,000 after buying an additional 1,015 shares in the last quarter. Steward Partners Investment Advisory LLC grew its position in Teradata by 52.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,883 shares of the technology company's stock valued at $57,000 after buying an additional 651 shares during the period. Rockefeller Capital Management L.P. grew its position in Teradata by 129.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,090 shares of the technology company's stock valued at $64,000 after buying an additional 1,178 shares during the period. Finally, CIBC Private Wealth Group LLC increased its holdings in Teradata by 223.7% in the third quarter. CIBC Private Wealth Group LLC now owns 3,593 shares of the technology company's stock valued at $77,000 after buying an additional 2,483 shares in the last quarter. Hedge funds and other institutional investors own 90.31% of the company's stock.

Insider Buying and Selling at Teradata

In other Teradata news, Director Timothy C. K. Chou sold 5,657 shares of the stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $33.72, for a total value of $190,754.04. Following the sale, the director owned 39,210 shares of the company's stock, valued at $1,322,161.20. This trade represents a 12.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CRO Richard J. Petley sold 17,227 shares of the firm's stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $35.00, for a total transaction of $602,945.00. Following the completion of the sale, the executive directly owned 188,571 shares in the company, valued at approximately $6,599,985. This trade represents 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. Insiders own 0.96% of the company's stock.

Teradata Stock Performance

NYSE:TDC opened at $27.58 on Friday. Teradata Corporation has a fifty-two week low of $20.17 and a fifty-two week high of $41.78. 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 company has a 50 day moving average price of $31.38 and a 200 day moving average price of $30.01. The stock has a market capitalization of $2.57 billion, a P/E ratio of 5.81, a PEG ratio of 2.06 and a beta of 0.60.

Teradata (NYSE:TDC - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The technology company reported $0.69 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $0.13. The business had revenue of $410.00 million during the quarter, compared to analysts' expectations of $396.13 million. Teradata had a return on equity of 47.25% and a net margin of 27.08%.The company's revenue was up .5% on a year-over-year basis. During the same period in the previous year, the firm 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. Equities research analysts forecast that Teradata Corporation will post 1.78 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on TDC shares. Citigroup cut their price target on Teradata from $39.00 to $36.00 and set a "buy" rating for the company in a research note on Thursday, August 6th. Royal Bank Of Canada reiterated a "sector perform" rating and set a $34.00 price target on shares of Teradata in a research report on Thursday, July 16th. UBS Group boosted their price objective on Teradata from $34.00 to $36.00 and gave the company a "neutral" rating in a research report on Wednesday, August 5th. Morgan Stanley reaffirmed an "equal weight" rating and set a $29.00 target price (down from $35.00) on shares of Teradata in a research note on Monday. Finally, Citizens Jmp reiterated a "market outperform" rating and set a $49.00 target price on shares of Teradata in a research report on Wednesday, June 10th. Three investment 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. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $34.78.

About Teradata

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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