Legal & General Group Plc Takes $7.83 Million Position in Teradata Corporation $TDC

Legal & General Group Plc acquired a new position in shares of Teradata Corporation (NYSE:TDC) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 225,968 shares of the technology company’s stock, valued at approximately $7,830,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. bought a new stake in Teradata in the 2nd quarter valued at $30,000. Financial Management Professionals Inc. bought a new position in Teradata during the 2nd quarter worth about $36,000. Elevation Wealth Partners LLC raised its stake in shares of 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 purchasing an additional 1,010 shares during the period. SJS Investment Consulting Inc. raised its stake 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 purchasing an additional 1,806 shares during the period. Finally, Global Retirement Partners LLC bought a new stake in shares of Teradata in the second quarter valued at about $46,000. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Teradata Trading Down 1.2%

Shares of TDC stock opened at $28.64 on Wednesday. The firm has a 50 day moving average price of $30.37 and a two-hundred day moving average price of $29.93. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $2.66 billion, a PE ratio of 6.03, a price-to-earnings-growth ratio of 2.15 and a beta of 0.58. Teradata Corporation has a 12-month low of $20.25 and a 12-month high of $41.78.

Teradata (NYSE:TDC) last posted its 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. The company had revenue of $410.00 million for the quarter, compared to the consensus estimate of $396.13 million. Teradata had a return on equity of 47.25% and a net margin of 27.08%.The firm’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.47 earnings per share. 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, analysts predict that Teradata Corporation will post 1.79 earnings per share for the current year.

Insider Transactions at Teradata

In other Teradata news, Director Timothy C. K. Chou sold 5,657 shares of the company’s 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 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 sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.96% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on TDC shares. Citigroup reduced their price objective on Teradata from $39.00 to $36.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Wall Street Zen lowered Teradata from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 8th. Citizens Jmp restated a “market outperform” rating and issued a $49.00 target price on shares of Teradata in a research note on Wednesday, June 10th. Barclays reduced their price target on Teradata from $28.00 to $27.00 and set an “underweight” rating for the company in a research report on Wednesday, August 5th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Teradata in a report on Wednesday, June 24th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Teradata currently has a consensus rating of “Hold” and a consensus price target of $34.78.

Teradata 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.