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Mitsubishi UFJ Asset Management Co. Ltd. Makes New $3 Million Investment in Teradata Corporation $TDC

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Key Points

  • Mitsubishi UFJ Asset Management purchased 86,454 Teradata shares worth approximately $3 million in the second quarter, acquiring about 0.09% of the company. Institutional investors collectively own 90.31% of Teradata.
  • Teradata reported quarterly EPS of $0.69, beating estimates of $0.56, while revenue of $410 million also exceeded expectations. Revenue increased 0.5% year over year.
  • Analysts maintain a consensus “Hold” rating with a $34.78 target price, while company insiders own 0.96% of shares and recently sold stock through pre-arranged Rule 10b5-1 plans.
  • Five stocks to consider instead of Teradata.

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Teradata Corporation (NYSE:TDC - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 86,454 shares of the technology company's stock, valued at approximately $2,996,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.09% of Teradata as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Financial Management Professionals Inc. acquired a new stake in shares of Teradata in the second quarter valued at approximately $36,000. Elevation Wealth Partners LLC raised its holdings in Teradata by 587.2% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,182 shares of the technology company's stock valued at $41,000 after buying an additional 1,010 shares during the period. Global Retirement Partners LLC purchased a new stake in shares of Teradata in the 2nd quarter valued at approximately $46,000. Parallel Advisors LLC raised its position in Teradata by 197.5% in the fourth quarter. Parallel Advisors LLC now owns 1,529 shares of the technology company's stock valued at $47,000 after purchasing an additional 1,015 shares during the period. Finally, SJS Investment Consulting Inc. raised its holdings in shares of 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 buying an additional 1,806 shares during the period. Institutional investors and hedge funds own 90.31% of the company's stock.

Insider Buying and Selling at Teradata

In other news, Director Timothy C. K. Chou sold 5,657 shares of Teradata 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 $1,322,161.20. The trade was a 12.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 Teradata stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $35.00, for a total value of $602,945.00. Following the completion of the sale, the executive owned 188,571 shares of the company's stock, valued at $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. 0.96% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

TDC has been the topic of a number of research reports. Morgan Stanley reiterated an "equal weight" rating and set a $29.00 target price (down from $35.00) on shares of Teradata in a report on Monday, August 10th. UBS Group raised their target price on Teradata from $34.00 to $36.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 5th. Royal Bank Of Canada reissued a "sector perform" rating and issued a $34.00 price target on shares of Teradata in a research report on Thursday, July 16th. Weiss Ratings reiterated a "hold (c)" rating on shares of Teradata in a research note on Wednesday, June 24th. Finally, Citigroup decreased their target price on shares of Teradata from $39.00 to $36.00 and set a "buy" rating for the company in a research note on Thursday, August 6th. 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. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $34.78.

View Our Latest Report on Teradata

Teradata Price Performance

TDC stock opened at $27.75 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.91 and a current ratio of 0.91. Teradata Corporation has a 1 year low of $20.25 and a 1 year high of $41.78. The stock's 50 day moving average price is $30.84 and its 200 day moving average price is $29.96. The firm has a market cap of $2.58 billion, a P/E ratio of 5.84, a PEG ratio of 2.06 and a beta of 0.60.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The technology company reported $0.69 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.13. The firm 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 firm's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter last year, the business posted $0.47 EPS. Teradata has set its Q3 2026 guidance at 0.550-0.590 EPS and its FY 2026 guidance at 2.650-2.730 EPS. On average, sell-side analysts expect that Teradata Corporation will post 1.78 earnings per share for the current fiscal year.

Teradata Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Teradata (NYSE:TDC)

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