Cipher Capital LP Acquires Stake in Teradata Corp. and CFO Sells Shares

Cipher Capital LP Acquires Stake in Teradata Corp. and CFO Sells Shares

Cipher Capital LP Acquires Stake in Teradata Corp. as CFO Sells Shares
June 3, 2023 – Financial firm Cipher Capital LP has revealed that it has acquired a stake in Teradata Corp., a cloud data analytics company based in San Diego, CA. The acquisition took place during the fourth quarter and was reported through the company’s latest Form 13F filing with the Securities and Exchange Commission.
The firm acquired 33,833 shares of Teradata Corp.’s stock at an estimated value of $1,139,000. With this acquisition, Cipher Capital LP is set to increase its presence in the technology sector.
Teradata Corp., which builds solutions for multi-cloud reality at scale, operates through three geographical segments: Americas, EMEA, and APJ. It was founded on July 13, 1979, and has been headquartered in San Diego since its inception. The company is renowned for its data handling capabilities on a large scale and providing analytical prowess using the power of clouds.
In other news related to Teradata Corp., CFO Claire Bramley has sold 4,528 shares of the company’s stock in a transaction dated Friday, May 12th. The shares were sold at an average price of $44.21 per share for a total transaction value of $200,182.88.
Following this transaction, Bramley now possesses 120,920 shares valued at approximately $5,345,873.20. This information was disclosed via a filing with the Securities & Exchange Commission’s website.
Insiders currently own only 0.92% of Teradata Corp.’s stock.
As we enter into another year where technology dominates industries everywhere globally employing them becomes paramount , thus investing smartly within these sectors become increasingly necessary for effective investors’ returns as we move towards omnichannel marketing strategies digitization moving faster than ever protecting your assets requires being proactive so those like Cipher Capital LP are taking crucial steps to do this.


Updated on: 04/06/2023

Price Target

Current $48.66

Concensus $48.00

Low $42.00

Median $45.00

High $57.00

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Social Sentiments
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Analyst Ratings

Analyst / firm



Chad BennettCraig-Hallum


Brad RebackStifel Nicolaus


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Teradata Corp. Attracts Institutional Investors and Positive Analyst Ratings

Teradata Corp. (TDC), a data analytics and marketing applications company, has seen increased activity from institutional investors in recent months. Investors such as HighTower Advisors LLC, Arizona State Retirement System, Lindbrook Capital LLC, Lazard Asset Management LLC, and Macquarie Group Ltd. have all added to or reduced their stakes in the company. In fact, 90.92% of Teradata’s stock is owned by hedge funds and other institutional investors.
Research firms have also weighed in on TDC’s prospects. Royal Bank of Canada raised the company’s target price from $37 to $43 and assigned a “sector perform” rating to the stock back in February 2017. In May 2017, Northland Securities initiated coverage on Teradata and gave it an “outperform” rating with a $63 price objective. Barclays has also boosted its target price on the stock from $37 to $41.
Craig Hallum echoed this optimism when it recently raised Teradata’s target price from $48 to $50 per share while Morgan Stanley upgraded Teradata’s rating from “overweight” to “strong buy.”
The consensus among analysts seems positive for Teradata with two equity research analysts giving sell ratings, two assigning hold ratings, five issuing buy ratings, and one rating the stock as strong buy.
Shares of TDC are currently trading at approximately $47 after hitting a 52-week low of just over $28 last year. The company has a market capitalization of around $4.8 billion with a P/E ratio of 130.31 and a beta of 0.92.
Teradata specializes in advanced analytics solutions used by marketing professionals worldwide to gain deeper insights into customer behavior and preferences so that they can provide more targeted offerings which drive higher levels of engagement, loyalty, revenue growth and profitability through real-time interaction management tactics using data-driven intelligence algorithms that optimize performance metrics like conversion rates or customer lifetime value by customizing marketing content and offers based on new insights. The company helps organizations to leverage data more effectively in order to make better decisions and drive higher returns from their investments into digital transformation initiatives.

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