Teradata Corporation $TDC Shares Sold by Sterling Capital Management LLC

Sterling Capital Management LLC cut its holdings in Teradata Corporation (NYSE:TDC) by 85.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 13,647 shares of the technology company’s stock after selling 78,887 shares during the quarter. Sterling Capital Management LLC’s holdings in Teradata were worth $394,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Pension & Wealth Management Advisors Inc. purchased a new stake in Teradata during the 3rd quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Teradata in the second quarter worth $30,000. Financial Management Professionals Inc. purchased a new position in shares of Teradata in the second quarter worth $36,000. Elevation Wealth Partners LLC lifted its stake in shares of Teradata by 587.2% during the second quarter. Elevation Wealth Partners LLC now owns 1,182 shares of the technology company’s stock worth $41,000 after buying an additional 1,010 shares during the period. Finally, Nykredit A S purchased a new position in shares of Teradata in the second quarter worth about $44,000. Hedge funds and other institutional investors own 90.31% of the company’s stock.

Insider Transactions at Teradata

In other Teradata news, CEO Stephen Mcmillan sold 10,000 shares of the stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $30.02, for a total value of $300,200.00. Following the completion of the sale, the chief executive officer owned 752,446 shares in the company, valued at approximately $22,588,428.92. This represents a 1.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Michael D. Hutchinson sold 48,077 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $30.00, for a total transaction of $1,442,310.00. Following the completion of the transaction, the chief operating officer directly owned 171,927 shares in the company, valued at $5,157,810. This trade represents a 21.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.96% of the company’s stock.

Analyst Upgrades and Downgrades

TDC has been the subject of a number of recent research reports. Citigroup reduced their price target on shares of Teradata from $39.00 to $36.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Weiss Ratings restated a “hold (c)” rating on shares of Teradata in a research report on Monday, September 21st. UBS Group reduced their target price on Teradata from $36.00 to $32.00 and set a “neutral” rating for the company in a research note on Monday, September 21st. Morgan Stanley lowered Teradata from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $35.00 to $29.00 in a research report on Monday, August 10th. Finally, Barclays dropped their price target on shares of Teradata from $28.00 to $27.00 and set an “underweight” rating on the stock in a research note on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $34.33.

Teradata Stock Performance

NYSE TDC opened at $34.55 on Friday. The company has a market cap of $3.21 billion, a PE ratio of 7.27, a price-to-earnings-growth ratio of 2.55 and a beta of 0.62. The stock’s 50 day simple moving average is $29.88 and its 200-day simple moving average is $29.92. Teradata Corporation has a 1-year low of $20.54 and a 1-year high of $41.78. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.91 and a quick ratio of 0.91.

Teradata (NYSE:TDC) last issued its quarterly earnings results on Tuesday, August 4th. The technology company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.56 by $0.13. The firm had revenue of $410.00 million during the quarter, compared to analysts’ expectations 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 period in the previous 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, equities research analysts anticipate that Teradata Corporation will post 1.79 EPS for the current fiscal year.

Teradata Profile

Teradata Corporation (NYSE: TDC) is a data and analytics technology company that helps organizations collect, manage, analyze and govern large volumes of enterprise data. Its offerings are designed to support business intelligence, advanced analytics, artificial intelligence and machine learning across complex data environments.

The company’s portfolio includes Teradata VantageCloud, a cloud analytics platform available through public-cloud and hybrid deployment models, as well as ClearScape Analytics, which provides tools for developing and deploying advanced analytics and AI workloads.