Envestnet Asset Management Inc. Sells 9,141 Shares of Teradata Corporation $TDC

Envestnet Asset Management Inc. lessened its holdings in shares of Teradata Corporation (NYSE:TDC) by 6.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 140,321 shares of the technology company’s stock after selling 9,141 shares during the quarter. Envestnet Asset Management Inc. owned about 0.15% of Teradata worth $3,131,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. New York State Common Retirement Fund lifted its stake in shares of Teradata by 11.6% during the 1st quarter. New York State Common Retirement Fund now owns 62,457 shares of the technology company’s stock valued at $1,404,000 after buying an additional 6,500 shares in the last quarter. Louisiana State Employees Retirement System raised its holdings in Teradata by 69.5% during the 1st quarter. Louisiana State Employees Retirement System now owns 45,100 shares of the technology company’s stock valued at $1,014,000 after acquiring an additional 18,500 shares during the period. AMH Equity Ltd purchased a new stake in shares of Teradata during the first quarter worth $3,035,000. Allianz Asset Management GmbH boosted its holdings in shares of Teradata by 21.7% in the first quarter. Allianz Asset Management GmbH now owns 892,228 shares of the technology company’s stock worth $20,057,000 after acquiring an additional 158,804 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Teradata in the first quarter worth $2,323,000. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Teradata Stock Performance

NYSE:TDC opened at $27.18 on Friday. The stock has a market cap of $2.53 billion, a P/E ratio of 22.27, a PEG ratio of 3.72 and a beta of 0.71. The company has a quick ratio of 0.89, a current ratio of 0.90 and a debt-to-equity ratio of 2.21. The business’s 50-day moving average price is $22.51 and its two-hundred day moving average price is $22.05. Teradata Corporation has a twelve month low of $18.43 and a twelve month high of $33.20.

Teradata (NYSE:TDC) last issued its quarterly earnings data on Tuesday, November 4th. The technology company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.53 by $0.19. The company had revenue of $416.00 million during the quarter, compared to analyst estimates of $406.30 million. Teradata had a return on equity of 83.22% and a net margin of 7.15%.Teradata’s revenue was down 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.69 earnings per share. Teradata has set its Q4 2025 guidance at 0.530-0.570 EPS. FY 2025 guidance at 2.380-2.420 EPS. As a group, equities analysts predict that Teradata Corporation will post 1.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on TDC shares. Barclays boosted their price objective on Teradata from $22.00 to $24.00 and gave the company an “underweight” rating in a research note on Wednesday, November 5th. Citizens Jmp upgraded Teradata from a “market perform” rating to an “outperform” rating and set a $42.00 price target on the stock in a research report on Monday, November 10th. Evercore ISI increased their price target on shares of Teradata from $25.00 to $28.00 and gave the stock an “outperform” rating in a report on Wednesday, November 5th. Zacks Research upgraded shares of Teradata from a “strong sell” rating to a “hold” rating in a research report on Monday, October 20th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Teradata in a research note on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Teradata currently has a consensus rating of “Hold” and an average target price of $28.11.

Teradata Company Profile

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.