Lazard Asset Management LLC Purchases 61,296 Shares of Teradata Corporation $TDC

Lazard Asset Management LLC raised its position in shares of Teradata Corporation (NYSE:TDC) by 8.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 763,402 shares of the technology company’s stock after buying an additional 61,296 shares during the period. Lazard Asset Management LLC’s holdings in Teradata were worth $19,566,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Sound Income Strategies LLC grew its position in shares of Teradata by 1,162.8% in the 4th quarter. Sound Income Strategies LLC now owns 985 shares of the technology company’s stock worth $29,000 after buying an additional 907 shares during the last quarter. SJS Investment Consulting Inc. lifted its position in Teradata by 25,800.0% during 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 last quarter. Parallel Advisors LLC boosted its stake 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 acquiring an additional 1,015 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its stake in Teradata by 52.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,883 shares of the technology company’s stock valued at $57,000 after acquiring an additional 651 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its holdings in Teradata by 129.2% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,090 shares of the technology company’s stock worth $64,000 after purchasing an additional 1,178 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TDC has been the topic of a number of recent analyst reports. UBS Group reduced their price target on Teradata from $36.00 to $34.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. 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. Barclays dropped their target price on Teradata from $29.00 to $28.00 and set an “underweight” rating on the stock in a research note on Wednesday, May 6th. Citigroup reaffirmed a “market outperform” rating on shares of Teradata in a research report on Friday, May 22nd. Finally, Wall Street Zen upgraded Teradata from a “buy” rating to a “strong-buy” rating in a research note on Sunday. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $35.56.

Insider Activity at Teradata

In related news, CEO Stephen Mcmillan sold 20,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $31.71, for a total value of $634,200.00. Following the completion of the transaction, the chief executive officer owned 762,446 shares in the company, valued at $24,177,162.66. This trade represents a 2.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Timothy C. K. Chou sold 5,657 shares of Teradata 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 directly owned 39,210 shares of the company’s stock, valued at approximately $1,322,161.20. This represents a 12.61% 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 have sold a total of 77,201 shares of company stock valued at $2,486,235 in the last ninety days. Company insiders own 0.96% of the company’s stock.

Teradata Stock Down 2.1%

NYSE:TDC opened at $29.17 on Wednesday. The company has a current ratio of 1.30, a quick ratio of 1.29 and a debt-to-equity ratio of 0.85. Teradata Corporation has a twelve month low of $19.83 and a twelve month high of $41.78. The company has a market cap of $2.74 billion, a PE ratio of 6.69, a P/E/G ratio of 2.19 and a beta of 0.59. The company’s 50 day moving average is $32.67 and its two-hundred day moving average is $30.14.

Teradata (NYSE:TDC) last posted its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.11. Teradata had a net margin of 24.93% and a return on equity of 57.44%. The business had revenue of $444.00 million during the quarter, compared to analysts’ expectations of $430.10 million. During the same quarter last year, the company posted $0.66 earnings per share. The business’s quarterly revenue was up 6.2% on a year-over-year basis. Teradata has set its FY 2026 guidance at 2.550-2.650 EPS and its Q2 2026 guidance at 0.530-0.570 EPS. Analysts anticipate that Teradata Corporation will post 1.78 EPS 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.