NewEdge Wealth LLC Invests $1.68 Million in Teradata Corporation $TDC

NewEdge Wealth LLC acquired a new stake in Teradata Corporation (NYSE:TDCFree Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 48,450 shares of the technology company’s stock, valued at approximately $1,679,000.

A number of other hedge funds and other institutional investors have also modified their holdings of TDC. Royal Bank of Canada boosted its position in Teradata by 76.0% during the first quarter. Royal Bank of Canada now owns 330,801 shares of the technology company’s stock valued at $7,436,000 after purchasing an additional 142,813 shares during the last quarter. Millennium Management LLC increased its position in shares of Teradata by 89.4% during the 1st quarter. Millennium Management LLC now owns 202,864 shares of the technology company’s stock worth $4,560,000 after purchasing an additional 95,777 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Teradata by 22.6% during the 1st quarter. NewEdge Advisors LLC now owns 11,090 shares of the technology company’s stock worth $249,000 after purchasing an additional 2,048 shares during the last quarter. Creative Planning raised its stake in shares of Teradata by 52.8% during the 2nd quarter. Creative Planning now owns 18,274 shares of the technology company’s stock worth $408,000 after purchasing an additional 6,314 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Teradata by 7.2% in the 2nd quarter. Cetera Investment Advisers now owns 10,991 shares of the technology company’s stock valued at $245,000 after buying an additional 736 shares during the last quarter. Institutional investors and hedge funds own 90.31% of the company’s stock.

Teradata Stock Performance

Shares of NYSE TDC opened at $27.75 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $2.58 billion, a P/E ratio of 5.84, a P/E/G ratio of 2.06 and a beta of 0.60. Teradata Corporation has a 12 month low of $20.25 and a 12 month high of $41.78. The stock has a 50 day moving average of $30.84 and a 200-day moving average of $29.96.

Teradata (NYSE:TDCGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The technology company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.56 by $0.13. Teradata had a return on equity of 47.25% and a net margin of 27.08%.The business had revenue of $410.00 million for the quarter, compared to analysts’ expectations of $396.13 million. During the same quarter in the prior year, the business earned $0.47 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts predict that Teradata Corporation will post 1.78 EPS for the current year.

Insider Activity

In other Teradata news, Director Timothy C. K. Chou sold 5,657 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $33.72, for a total value of $190,754.04. Following the transaction, the director directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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 firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $35.00, for a total transaction of $602,945.00. Following 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.96% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. UBS Group raised their target price on shares of Teradata from $34.00 to $36.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Zacks Research lowered shares of Teradata from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Citizens Jmp reiterated a “market outperform” rating and issued a $49.00 price target on shares of Teradata in a research note on Wednesday, June 10th. Morgan Stanley reissued an “equal weight” rating and issued a $29.00 price objective (down from $35.00) on shares of Teradata in a research report on Monday, August 10th. Finally, Wall Street Zen cut shares of Teradata from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 8th. 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’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $34.78.

Get Our Latest Research Report on TDC

About Teradata

(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.

See Also

Want to see what other hedge funds are holding TDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Teradata Corporation (NYSE:TDCFree Report).

Institutional Ownership by Quarter for Teradata (NYSE:TDC)

Receive News & Ratings for Teradata Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Teradata and related companies with MarketBeat.com's FREE daily email newsletter.