Activist Investor Lynrock Lake Sells $2.5M in Teradata Shares Following Cooperation Agreement
TDC sits 80% above its 52-week low of $18.43.
Summary
Activist investor Lynrock Lake LP sold $2.5 million in Teradata shares on the same day a cooperation agreement between the parties was announced.
Key Events · Ownership and Investor Activity · TDC
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Activist Investor Sells Shares
Lynrock Lake LP, a 10% owner, disposed of 61,990 shares of Teradata common stock for a total value of $2,497,507 on February 11, 2026.
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Sale Coincides with Cooperation Agreement
The share sales occurred on the same day Teradata announced it had entered into a cooperation agreement with Lynrock Lake, which included board refreshment.
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Post-Transaction Holdings
Following these transactions, Lynrock Lake LP's indirect holdings in Teradata stand at 9,406,152 shares.
Analysis · TDC · Technology
Activist investor Lynrock Lake LP, a 10% owner of Teradata, reported selling approximately $2.5 million worth of shares on February 11, 2026. This transaction is notable as it occurred on the same day Teradata announced a cooperation agreement with Lynrock Lake, which included board appointments. While the sale represents a small percentage of Teradata's overall market capitalization, it is a significant absolute dollar amount for an activist investor to divest immediately after reaching a strategic agreement. This could signal profit-taking or a rebalancing of their position after achieving certain objectives, rather than a loss of conviction, but it warrants investor attention given the recent activist engagement.
How filings like this one have moved
In the 30 days to Sep 15, 2026, 29.9% of the 1678 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.25%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TDC was trading at $33.22 on NYSE in the Technology sector, with a market capitalization of approximately $3.1B. The 52-week trading range was $18.43 to $41.78. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.