Teradata Corporation $TDC Shares Sold by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP reduced its Teradata stake by 13.3% in the second quarter, selling 55,908 shares and retaining 364,074 shares valued at approximately $12.6 million. Institutional investors collectively own 90.31% of TDC.
• Analysts maintain a generally cautious outlook, with a consensus “Hold” rating and an average price target of $34.78; recent targets range from $29 to $36.
• Teradata reported stronger-than-expected quarterly results, posting adjusted EPS of $0.69 versus the $0.56 estimate and revenue of $410 million. Shares opened at $29.40, near their 50- and 200-day moving averages.

Corient Private Wealth LP cut its stake in shares of Teradata Corporation (NYSE:TDC - Free Report) by 13.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 364,074 shares of the technology company's stock after selling 55,908 shares during the period. Corient Private Wealth LP owned approximately 0.39% of Teradata worth $12,615,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of TDC. L2 Asset Management LLC raised its holdings in Teradata by 2.1% during the 4th quarter. L2 Asset Management LLC now owns 18,250 shares of the technology company's stock worth $556,000 after buying an additional 376 shares during the period. Twin Capital Management Inc. boosted its holdings in shares of Teradata by 2.0% in the first quarter. Twin Capital Management Inc. now owns 21,019 shares of the technology company's stock worth $539,000 after buying an additional 405 shares during the period. Rothschild Investment LLC boosted its holdings in shares of Teradata by 13.6% in the fourth quarter. Rothschild Investment LLC now owns 3,550 shares of the technology company's stock worth $108,000 after buying an additional 425 shares during the period. GAMMA Investing LLC increased its position in shares of Teradata by 10.6% in the second quarter. GAMMA Investing LLC now owns 5,646 shares of the technology company's stock worth $196,000 after acquiring an additional 541 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in shares of Teradata by 20.7% during the fourth quarter. Hantz Financial Services Inc. now owns 4,268 shares of the technology company's stock valued at $130,000 after acquiring an additional 733 shares during the period. 90.31% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TDC has been the subject of a number of recent analyst reports. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $34.00 price objective on shares of Teradata in a research note on Thursday, July 16th. Citigroup cut their target price on shares of Teradata from $39.00 to $36.00 and set a "buy" rating on the stock in a research note on Thursday, August 6th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Teradata in a research report on Wednesday, June 24th. Wall Street Zen downgraded Teradata from a "strong-buy" rating to a "hold" rating in a report on Saturday, August 8th. Finally, Morgan Stanley reiterated an "equal weight" rating and set a $29.00 price target (down from $35.00) on shares of Teradata in a report on Monday, August 10th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $34.78.

Teradata Stock Up 0.1%

Teradata stock opened at $29.40 on Wednesday. Teradata Corporation has a twelve month low of $20.33 and a twelve month 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 firm has a market cap of $2.73 billion, a PE ratio of 6.19, a P/E/G ratio of 2.18 and a beta of 0.58. The firm's 50 day moving average price is $29.20 and its two-hundred day moving average price is $29.69.

Teradata (NYSE:TDC - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $0.69 EPS for the quarter, beating 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 business had revenue of $410.00 million for the quarter, compared to analysts' expectations of $396.13 million. During the same period in the previous year, the company posted $0.47 EPS. Teradata's 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. On average, research 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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