The world of data processing and analytic solutions has seen a considerable shift towards cloud-based services in recent years. The industry, which is instrumental in mining crucial insights that can be leveraged for better decision-making, has been able to scale its operations like never before with the advent of cloud computing.
Teradata Corp., a San Diego-based technology firm, has recognized this trend and built its business around it. Established in 1979, Teradata leverages the power of multi-cloud computing to enable its clients to tackle complex data challenges across various geographical regions.
Investment firms have taken notice of Teradatas value proposition as well. Nisa Investment Advisors LLC recently added over 60% more shares of Teradata Co. (NYSE:TDC) during the fourth quarter of 2020, according to a filing with the Securities and Exchange Commission (SEC). This raised Nisas holdings to over 104,000 shares worth $3.5 million at the time of filing.
Teradata stock opened at $39.44 on Tuesday and maintains a market capitalization of $4.04 billion with a PE ratio of 131.47 and a P/E/G ratio of 2.59. The companys debt-to-equity ratio stands at 2.14.
As we move deeper into an age where data-driven decision making becomes essential for corporations worldwide, companies like Teradata will undoubtedly continue to play an integral role in providing reliable and scalable solutions that are built for todays multi-cloud reality. It will be intriguing to keep a watchful eye on how they continue to innovate in this rapidly evolving space while serving their customers with exceptional products and services made possible by cloud computing technologies.
Teradata Corp. is finding success in the tech industry as a cloud data analytics company designed to solve data challenges at scale. With headquarters located in San Diego, California, Teradata operates through three geographical segments: Americas, EMEA and APJ. The company was founded on July 13th, 1979 and its stock (NYSE:TDC) has been highly sought after by a number of hedge funds and institutional investors. As of now, corporate holdings are valued at $111,000 for Lindbrook Capital LLC who raised their shares by 23%. Lazard Asset Management LLC grew their position in shares of Teradata by 48% while Macquarie Group Ltd. increased theirs by 24%. Ronald Blue Trust Inc. grew their position by 104% with Invst LLC also growing shares by another 8%, bringing the percentage of institutional ownership up to an impressive rate of 90.92%.
Teradata announced positive quarterly earnings results back in February of this year, posting $0.35 earnings per share for the quarter compared to consensus estimates set at $0.30 earnings per share marking a positive deviation from predictions.
Additionally, insiders Kathleen R. Cullen-Cote and CFO Claire Bramley have both made notable sales of the companys stock earlier this year; however, both sales were made with high prices per share indicating that confidence around Teradatas performance remains favorable.
Overall, despite concerns around its stock rating hovering between hold and sell amongst analysts covering it according to Bloomberg.com, Teradatas emergence as a leading market player with innovative solutions could indicate more stable long-term success for both institutional investors and traders alike within this burgeoning field of tech.
As we move further into the multi-cloud reality where data presents itself even more valuable than ever before across industries worldwide an effective solution like that provided by Teradata Corps cloud data analytics SaaS suite may well provide the technological edge companies need more and more to keep and increase their competitive edge within fast-paced business environments.
Go here to see the original:
Teradata Corp.: Leveraging Cloud Computing to Tackle Complex ... - Best Stocks
- Cloud computing and blue-sky thinking: An atmospheric scientist ... - Purdue University - May 25th, 2023 [May 25th, 2023]
- Singapore on track to reach cloud migration goals asks suppliers to re-apply - The Register - May 25th, 2023 [May 25th, 2023]
- Ampere Computing launches its custom chips aimed at cloud ... - Reuters - May 25th, 2023 [May 25th, 2023]
- Red Hat Summit's first day reveals key themes for the future of cloud ... - SiliconANGLE News - May 25th, 2023 [May 25th, 2023]
- Cloud Computing: Quality and Cataloging are Top Challenges ... - Formtek Blog - May 25th, 2023 [May 25th, 2023]
- Evolution of Cloud Security | Looking At Cloud Posture Management ... - SentinelOne - May 25th, 2023 [May 25th, 2023]
- Integrating Network Function Virtualization with the DevOps Pipeline ... - Open Source For You - May 25th, 2023 [May 25th, 2023]
- Global Cloud Computing in Banking Market Intelligence Report ... - Business Wire - May 25th, 2023 [May 25th, 2023]
- DaaS In Cloud Computing: Benefits And Risks - Dataconomy - May 25th, 2023 [May 25th, 2023]
- BASF strengthens R&D with more powerful supercomputer - BASF - May 25th, 2023 [May 25th, 2023]
- Alibaba approves cloud computing unit spin-off, prepares for grocery and logistics arms to go public - Yahoo Finance - May 25th, 2023 [May 25th, 2023]
- Public cloud contribution to UAE could reach $181bn by 2033 - Trade Arabia - May 25th, 2023 [May 25th, 2023]
- Women at Suncorp skill up with cloud training program - IT Brief Australia - May 25th, 2023 [May 25th, 2023]
- Oracle almost missed the bus on cloud. Can a late charge help it catch up with AWS, Azure, et al.? - Economic Times - May 25th, 2023 [May 25th, 2023]
- Global Edge Computing Technology Market Report 2023: Increasing Usage of 5G Network to Deliver Instant Communication Experiences Presents... - May 25th, 2023 [May 25th, 2023]
- Redington, Google Cloud partner to drive cloud transformation in ... - ITP.net - May 25th, 2023 [May 25th, 2023]
- Dow futures slip as Fitch places United States' AAA rating on negative watch: Live updates - CNBC - May 25th, 2023 [May 25th, 2023]
- Clore.ai Introduces Secure Cloud: Unprecedented Affordability and ... - Digital Journal - May 25th, 2023 [May 25th, 2023]
- Size of the Prize: Assessing the Market for Edge Computing in Space - Via Satellite - May 25th, 2023 [May 25th, 2023]
- Edge Computing Impact: What Does It Do? - Dataconomy - May 25th, 2023 [May 25th, 2023]
- Cloud Data Warehousing: Unleashing the Power of Azure and AWS - Experts Exchange - May 12th, 2023 [May 12th, 2023]
- Edge computing: 4 things to keep on your radar as your business cuts the edge - Times of India - May 12th, 2023 [May 12th, 2023]
- Managed IT Services in Raleigh: The 10 Biggest Cloud Migration ... - Digital Journal - May 12th, 2023 [May 12th, 2023]
- Oracle Teams with Wyndham to Bring OPERA Cloud to 2,000 ... - PR Newswire - May 12th, 2023 [May 12th, 2023]
- Microsoft Tops Cloud Computing Expectations; Alphabet Ad ... - Investopedia - May 2nd, 2023 [May 2nd, 2023]
- Worldwide public cloud end-user spent to hit $597.3bn in 2023 - Trade Arabia - May 2nd, 2023 [May 2nd, 2023]
- Cloud computing and security critical for business strategy in 2023 - Daily Host News - May 2nd, 2023 [May 2nd, 2023]
- Google Cloud partners with Polygon Labs, adding yet again to its growing roster of Web3 firms - Fortune - May 2nd, 2023 [May 2nd, 2023]
- Wireless sensor network project has history of success at SCSU St ... - St. Cloud State University - May 2nd, 2023 [May 2nd, 2023]
- Google Cloud posts first-ever operating profit despite slowing growth - CIO - May 2nd, 2023 [May 2nd, 2023]
- Mastering the Art of SOC Analysis Part 2 | Top Areas for Aspiring ... - SentinelOne - May 2nd, 2023 [May 2nd, 2023]
- Google Cloud boss Kurian's rocky path to profit: 'We were not in a very good situation' - CNBC - May 2nd, 2023 [May 2nd, 2023]
- NUSO Becomes a Cloud Peering Partner for Zoom Phone on ... - The Fast Mode - May 2nd, 2023 [May 2nd, 2023]
- Cloud-Based Quantum Computing Market worth $4,063 million by 2028 - Exclusive Report by MarketsandMarkets - Benzinga - May 2nd, 2023 [May 2nd, 2023]
- New cloud computing capabilities for streaming video - The Tech Panda - May 2nd, 2023 [May 2nd, 2023]
- LITEON Technology Reports Q1 2023 Sales of NT$34.2B - SMT 007 - May 2nd, 2023 [May 2nd, 2023]
- Microsoft Dominates in Cloud Computing Market - The Packet - May 2nd, 2023 [May 2nd, 2023]
- Why Modern BSS Is Crucial in Driving Operator CX and B2B ... - The Fast Mode - May 2nd, 2023 [May 2nd, 2023]
- Akamai Gets Richmond for Internal Promotion - Australia Cyber Security Magazine - May 2nd, 2023 [May 2nd, 2023]
- How to Reduce Risk in Cloud Computing - ITPro Today - April 11th, 2023 [April 11th, 2023]
- Alibaba To Enter The Chatbot Arena - Yahoo Finance - April 11th, 2023 [April 11th, 2023]
- New data shows digital skills are more needed than everAWS has 600+ free cloud courses that can help - About Amazon - April 11th, 2023 [April 11th, 2023]
- U.K.'s Cloud Computing Probe Could Push This Bearish ETF Higher - ETF Trends - April 11th, 2023 [April 11th, 2023]
- What is edge computing and how does it differ from traditional cloud ... - NASSCOM Community - April 11th, 2023 [April 11th, 2023]
- Bridging The Cloud Computing Skills Gap: Six Recommendations ... - Digital First Magazine - April 11th, 2023 [April 11th, 2023]
- Cloud Computing in Education Sector Market is expected to Exhibit ... - Digital Journal - April 11th, 2023 [April 11th, 2023]
- Enterprise Mobile Cloud Computing Market to Witness Astonishing ... - Digital Journal - April 11th, 2023 [April 11th, 2023]
- IoT Cloud Platform Market Is Expected To Reach USD 23.66 Billion ... - GlobeNewswire - April 11th, 2023 [April 11th, 2023]
- Xponance Inc. raises stake in Nutanix Inc. by 30.2%: A testament to ... - Best Stocks - April 11th, 2023 [April 11th, 2023]
- Cloud-native Software Market to Flourish with an Impressive CAGR ... - Digital Journal - April 11th, 2023 [April 11th, 2023]
- A Quick Guide To The History of Big Data - Baseline - April 11th, 2023 [April 11th, 2023]
- IC Manage Partners with Library Technologies to Accelerate Library ... - PR Newswire - April 11th, 2023 [April 11th, 2023]
- 4 Green IT Businesses Working to Reduce Computing's Impact on ... - InformationWeek - April 11th, 2023 [April 11th, 2023]
- How generative AI can hurt cloud operations - InfoWorld - April 9th, 2023 [April 9th, 2023]
- Microsoft stumps loyal fans by making OneDrive handle Outlook attachments - The Register - April 9th, 2023 [April 9th, 2023]
- Microsoft and Amazon face UK probe on cloud computing - Financial Times - April 9th, 2023 [April 9th, 2023]
- Why Businesses and Leaders Need to Think About Digital Value ... - CEOWORLD magazine - April 9th, 2023 [April 9th, 2023]
- Accenture and Microsoft help Unilever with huge cloud transition - CloudTech News - April 9th, 2023 [April 9th, 2023]
- GFT and CloudFrame help industries say 'cheerio' to COBOL - CloudTech News - April 9th, 2023 [April 9th, 2023]
- ServiceNow, Inc.: Leading the Way in Enterprise Cloud Computing ... - Best Stocks - April 9th, 2023 [April 9th, 2023]
- Cloud Computing Market in Healthcare Industry Demand will reach ... - Digital Journal - April 9th, 2023 [April 9th, 2023]
- What is FedRAMP High P-ATO? FedRAMP High Compliance and Certification Explained - Security Boulevard - April 9th, 2023 [April 9th, 2023]
- Cloud Native Identity and Access Management in Kubernetes - The New Stack - April 9th, 2023 [April 9th, 2023]
- Global Disaster Recovery-as-a-Service Market Expected to Grow ... - PR Newswire - April 9th, 2023 [April 9th, 2023]
- Global Hyperautomation Market to Reach $118.66 Billion by 2030: Increased Demand for Robotic Process Automation Technologies Drives Growth - Yahoo... - April 9th, 2023 [April 9th, 2023]
- Alibaba Cloud Partners with Jaguar Land Rover China - Pandaily - April 9th, 2023 [April 9th, 2023]
- Tech Stocks Have Been on Fire. Earnings Could Spell Trouble. - Barron's - April 9th, 2023 [April 9th, 2023]
- 3 common myths about sustainability and cloud computing - InfoWorld - April 5th, 2023 [April 5th, 2023]
- Amazon set to train 10,000 locals on cloud computing - Business Daily - April 5th, 2023 [April 5th, 2023]
- Amazon: Navigating The Cloud, AI, And Payments Revolution (NASDAQ:AMZN) - Seeking Alpha - April 5th, 2023 [April 5th, 2023]
- How cloud computing is transforming supply chains - DC Velocity - April 5th, 2023 [April 5th, 2023]
- Iowa's new cloud-computing deal costs nearly $40M over 10 years - The Gazette - April 5th, 2023 [April 5th, 2023]
- Petrobras' cloud computing investments set to grow 40% this year - BNamericas English - April 5th, 2023 [April 5th, 2023]
- Confidential Computing Eases Hesitancy Around Cloud Adoption - RTInsights - April 5th, 2023 [April 5th, 2023]
- Risks & Opportunities of Cloud Computing in the Fintech Sector - TechiExpert.com - April 5th, 2023 [April 5th, 2023]
- Security As A Service Market is Anticipated To Grow USD 46.24 ... - GlobeNewswire - April 5th, 2023 [April 5th, 2023]
- Versa Networks Wins 2023 Product of the Year Award for its Industry-Leading SASE Solution - Yahoo Finance - April 5th, 2023 [April 5th, 2023]
- Dresner Advisory Services Publishes 2023 Cloud Computing and ... - GlobeNewswire - April 5th, 2023 [April 5th, 2023]
- Adaptive Learning Global Market Report 2023: Growing Use of Cloud Computing Among Organizations and Educational Institutes to Motivate Learners to... - April 5th, 2023 [April 5th, 2023]
- The CNA market size is expected to grow from USD 5.9 billion in ... - GlobeNewswire - April 5th, 2023 [April 5th, 2023]