Institutional Investor Lynrock Lake LP Continues Significant Stake Reduction
TDC sits 77% above its 52-week low of $19.83.
Summary
Institutional investor Lynrock Lake LP has sold an additional $32.51 million in Teradata shares, continuing a trend of significant stake reduction.
Key Events · Ownership and Investor Activity · TDC
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Continued Stake Reduction
Lynrock Lake LP sold an additional 977,031 shares of common stock between June 18 and July 8, 2026.
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Significant Sales Value
The total value of these sales amounted to approximately $32.51 million.
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Remaining Ownership
Following these transactions, Lynrock Lake LP now beneficially owns 6,212,370 shares, representing 6.6% of Teradata's common stock.
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Follows Previous Large Sale
This divestment continues a trend, following a $71.45 million sale reported in a previous Schedule 13D/A filing on June 17, 2026.
Analysis · TDC · Technology
Lynrock Lake LP, a major institutional investor, has continued to reduce its stake in Teradata, selling an additional $32.51 million worth of shares. This follows a previous $71.45 million sale reported in June, indicating a sustained divestment trend by the activist investor. While they still hold 6.6% of the company, the continued selling could signal a loss of conviction or a strategic portfolio rebalancing.
How filings like this one have moved
In the 30 days to Sep 18, 2026, 29.1% of the 1703 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.36%. 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 $35.17 on NYSE in the Technology sector, with a market capitalization of approximately $3.3B. The 52-week trading range was $19.83 to $41.78. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.