Convergence Investment Partners LLC Invests $4.29 Million in Teradata Corporation $TDC

Convergence Investment Partners LLC bought a new position in shares of Teradata Corporation (NYSE:TDC) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 167,347 shares of the technology company’s stock, valued at approximately $4,289,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TDC. Sound Income Strategies LLC boosted its holdings in Teradata by 1,162.8% in the fourth quarter. Sound Income Strategies LLC now owns 985 shares of the technology company’s stock valued at $29,000 after purchasing an additional 907 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of Teradata by 197.5% during the 4th quarter. Parallel Advisors LLC now owns 1,529 shares of the technology company’s stock valued at $47,000 after buying an additional 1,015 shares during the last quarter. SJS Investment Consulting Inc. lifted its holdings 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 buying an additional 1,806 shares during the period. Steward Partners Investment Advisory LLC lifted its holdings in shares of Teradata by 52.8% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,883 shares of the technology company’s stock valued at $57,000 after buying an additional 651 shares during the period. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of 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 buying an additional 1,178 shares during the last quarter. 90.31% of the stock is currently owned by institutional investors and hedge funds.

Teradata Trading Up 0.4%

TDC stock opened at $30.66 on Tuesday. Teradata Corporation has a 52-week low of $19.83 and a 52-week high of $41.78. The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 0.85. The firm has a market cap of $2.88 billion, a P/E ratio of 7.03, a PEG ratio of 2.24 and a beta of 0.59. The company’s 50-day simple moving average is $33.16 and its 200-day simple moving average is $30.22.

Teradata (NYSE:TDC) last announced its quarterly earnings results on Tuesday, May 5th. The technology company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.11. The firm had revenue of $444.00 million during the quarter, compared to analyst estimates of $430.10 million. Teradata had a return on equity of 57.44% and a net margin of 24.93%.Teradata’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.66 EPS. Teradata has set its FY 2026 guidance at 2.550-2.650 EPS and its Q2 2026 guidance at 0.530-0.570 EPS. As a group, equities analysts forecast that Teradata Corporation will post 1.78 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on TDC. Citizens Jmp reaffirmed a “market outperform” rating and set a $49.00 target price on shares of Teradata in a report on Wednesday, June 10th. Wall Street Zen downgraded Teradata from a “strong-buy” rating to a “buy” rating in a report on Saturday. Weiss Ratings restated a “hold (c)” rating on shares of Teradata in a research report on Wednesday, June 24th. Zacks Research cut shares of Teradata from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 20th. Finally, Barclays cut their target price on shares of Teradata from $29.00 to $28.00 and set an “underweight” rating for the company in a report on Wednesday, May 6th. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Teradata has an average rating of “Hold” and a consensus target price of $35.56.

Insider Buying and Selling at Teradata

In other news, CRO Richard J. Petley sold 17,227 shares of the business’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 value of $602,945.00. Following the completion of the sale, the executive directly owned 188,571 shares in the company, valued at $6,599,985. The trade was a 8.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Timothy C. K. Chou sold 5,657 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $33.72, for a total value of $190,754.04. Following the completion of the sale, the director owned 39,210 shares of the company’s stock, valued at $1,322,161.20. This trade represents a 12.61% 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. Over the last three months, insiders have sold 77,201 shares of company stock valued at $2,486,235. Company insiders own 0.96% of the company’s stock.

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.