Deutsche Bank AG Takes Position in Teradata Corporation $TDC

Key Points

• Deutsche Bank initiated a Teradata position by purchasing 106,976 shares worth approximately $3.7 million, representing about 0.11% of the company. Institutional investors and hedge funds collectively own 90.31% of Teradata.
• Analyst sentiment is mixed but leans neutral: Teradata has an average “Hold” rating and an average price target of $34.78, with Morgan Stanley recently lowering its target to $29.
• Teradata exceeded quarterly expectations, reporting $0.69 in EPS versus the $0.56 consensus and $410 million in revenue versus $396.13 million expected. Shares opened at $27.36, below their 12-month high of $41.78.

Deutsche Bank AG bought a new position in shares of Teradata Corporation (NYSE:TDC - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 106,976 shares of the technology company's stock, valued at approximately $3,707,000. Deutsche Bank AG owned about 0.11% of Teradata at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TDC. Financial Management Professionals Inc. purchased a new stake in Teradata during the second quarter worth $36,000. Elevation Wealth Partners LLC grew its position in shares of Teradata by 587.2% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,182 shares of the technology company's stock valued at $41,000 after acquiring an additional 1,010 shares during the period. Global Retirement Partners LLC purchased a new position in shares of Teradata in the 2nd quarter valued at about $46,000. Parallel Advisors LLC boosted its position 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 purchasing an additional 1,015 shares in the last quarter. Finally, SJS Investment Consulting Inc. grew its stake in Teradata by 25,800.0% in the 1st 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. 90.31% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Morgan Stanley reaffirmed an "equal weight" rating and issued a $29.00 price target (down from $35.00) on shares of Teradata in a research note on Monday, August 10th. Zacks Research lowered Teradata from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 20th. Citizens Jmp reissued a "market outperform" rating and issued a $49.00 price objective on shares of Teradata in a research note on Wednesday, June 10th. UBS Group lifted their target price on shares of Teradata from $34.00 to $36.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen downgraded shares of Teradata from a "strong-buy" rating to a "hold" rating in a research note on Saturday, August 8th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $34.78.

Insiders Place Their Bets

In other news, Director Timothy C. K. Chou sold 5,657 shares of the company'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 transaction, the director owned 39,210 shares of the company's stock, valued at $1,322,161.20. This represents a 12.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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 on Monday, June 1st. The stock was sold at an average price of $35.00, for a total value of $602,945.00. Following the transaction, the executive owned 188,571 shares of the company's stock, valued at approximately $6,599,985. This represents a 8.37% decrease in their ownership of the stock. 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 insiders.

Teradata Price Performance

Shares of TDC stock opened at $27.36 on Wednesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market capitalization of $2.54 billion, a PE ratio of 5.76, a price-to-earnings-growth ratio of 2.05 and a beta of 0.60. The firm's 50-day moving average is $30.61 and its two-hundred day moving average is $29.98. Teradata Corporation has a 12 month low of $20.25 and a 12 month high of $41.78.

Teradata (NYSE:TDC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The technology company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.13. Teradata had a net margin of 27.08% and a return on equity of 47.25%. The business had revenue of $410.00 million during the quarter, compared to the consensus estimate of $396.13 million. During the same quarter last year, the firm earned $0.47 EPS. The business's revenue was up .5% compared to the same quarter last year. Teradata has set its Q3 2026 guidance at 0.550-0.590 EPS and its FY 2026 guidance at 2.650-2.730 EPS. Analysts predict that Teradata Corporation will post 1.78 earnings per share for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source