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Mirae Asset Global Investments Co. Ltd. Makes New Investment in Teradata Corporation $TDC

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Key Points

  • Mirae Asset Global Investments acquired 37,691 Teradata shares in the third quarter, a stake valued at approximately $1.09 million.
  • Teradata’s quarterly EPS of $0.70 and revenue of $399 million beat analyst estimates, but revenue fell 4.1% year over year. The company reiterated its full-year ARR and adjusted free-cash-flow outlook.
  • Analysts have a consensus Hold rating and a $36.12 average price target; Barclays maintained an underweight rating despite raising its target to $28.
  • Five stocks we like better than Teradata.

Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Teradata Corporation (NYSE:TDC - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 37,691 shares of the technology company's stock, valued at approximately $1,087,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TDC. Vise Technologies Inc. boosted its holdings in shares of Teradata by 22.0% in the 3rd quarter. Vise Technologies Inc. now owns 16,563 shares of the technology company's stock valued at $478,000 after buying an additional 2,990 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al grew its position in shares of Teradata by 43.4% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 103,459 shares of the technology company's stock worth $2,984,000 after buying an additional 31,300 shares during the last quarter. Choreo LLC raised its stake in shares of Teradata by 6.5% during the 3rd quarter. Choreo LLC now owns 13,150 shares of the technology company's stock worth $379,000 after acquiring an additional 800 shares in the last quarter. Roman Butler Fullerton & Co. bought a new position in shares of Teradata during the 3rd quarter worth approximately $258,000. Finally, Signaturefd LLC raised its stake in shares of Teradata by 83.9% during the 3rd quarter. Signaturefd LLC now owns 4,080 shares of the technology company's stock worth $118,000 after acquiring an additional 1,862 shares in the last quarter. Hedge funds and other institutional investors own 90.31% of the company's stock.

Teradata Stock Performance

Shares of TDC opened at $31.91 on Monday. The stock has a 50-day moving average of $30.58 and a two-hundred day moving average of $30.00. Teradata Corporation has a one year low of $23.86 and a one year high of $41.78. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.92 and a current ratio of 0.94. The stock has a market cap of $2.97 billion, a P/E ratio of 6.75, a P/E/G ratio of 2.36 and a beta of 0.61.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings results on Thursday, November 5th. The technology company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.12. The business had revenue of $399.00 million for the quarter, compared to the consensus estimate of $395.66 million. Teradata had a return on equity of 35.61% and a net margin of 27.24%. The company's quarterly revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.72 EPS. As a group, research analysts predict that Teradata Corporation will post 1.79 EPS for the current year.

Teradata News Summary

Here are the key news stories impacting Teradata this week:

  • Positive Sentiment: Q3 non-GAAP EPS was $0.70, ahead of the $0.58 consensus, and revenue of $399 million exceeded estimates of $395.66 million. Teradata also reported $91 million in operating cash flow and $96 million in adjusted free cash flow. Teradata Reports Third Quarter 2026 Financial Results
  • Positive Sentiment: Cloud ARR growth and AI product development supported the outlook. The company reiterated its full-year ARR and adjusted free-cash-flow outlook and narrowed its revenue outlook to the high end of its range; Zacks also reported a raised 2026 earnings outlook. Teradata Q3 Earnings Surpass Estimates, Revenues Decrease Y/Y
  • Negative Sentiment: Revenue was down 4.1% year over year, and EPS was below the $0.72 reported a year earlier, highlighting continued pressure on growth. Barclays raised its price target to $28 from $27 but kept an “underweight” rating, implying downside from the cited $31.91 share price. Barclays stock recommendations

Insider Buying and Selling

In other Teradata news, COO Michael D. Hutchinson sold 48,077 shares of the firm's stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $30.00, for a total transaction of $1,442,310.00. Following the completion of the transaction, the chief operating officer directly owned 171,927 shares of the company's stock, valued at approximately $5,157,810. This trade represents a 21.85% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Stephen Mcmillan sold 10,000 shares of Teradata stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $30.02, for a total transaction of $300,200.00. Following the sale, the chief executive officer owned 752,446 shares of the company's stock, valued at approximately $22,588,428.92. The trade was a 1.31% 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. 0.96% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have weighed in on TDC shares. Barclays raised their target price on shares of Teradata from $27.00 to $28.00 and gave the company an "underweight" rating in a research note on Friday. Wall Street Zen raised Teradata from a "hold" rating to a "buy" rating in a research report on Saturday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Teradata in a research report on Monday, September 21st. Morgan Stanley lowered Teradata from an "overweight" rating to an "equal weight" rating and decreased their price objective for the company from $35.00 to $29.00 in a report on Monday, August 10th. Finally, Royal Bank Of Canada reissued a "sector perform" rating and issued a $34.00 price objective on shares of Teradata in a research report on Thursday, July 16th. Three 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $36.12.

Read Our Latest Report on Teradata

Teradata Company Profile

(Free Report)

Teradata Corporation NYSE: TDC is a data and analytics technology company that helps organizations collect, manage, analyze and govern large volumes of enterprise data. Its offerings are designed to support business intelligence, advanced analytics, artificial intelligence and machine learning across complex data environments.

The company's portfolio includes Teradata VantageCloud, a cloud analytics platform available through public-cloud and hybrid deployment models, as well as ClearScape Analytics, which provides tools for developing and deploying advanced analytics and AI workloads.

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Institutional Ownership by Quarter for Teradata (NYSE:TDC)

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.

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