Lynrock Lake LP Boosts Stock Position in Teradata Corporation $TDC

Key Points

• Lynrock Lake LP increased its holdings in Teradata Corporation by 37.6% during the first quarter, making it the largest holding in their investment portfolio.
• Teradata reported a Q2 EPS of $0.47, exceeding expectations, but its revenue declined 6.4% year-over-year.
• Institutional investors own approximately 90.31% of Teradata's stock, reflecting strong interest from the investment community.

Lynrock Lake LP lifted its stake in Teradata Corporation (NYSE:TDC - Free Report) by 37.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,416,666 shares of the technology company's stock after acquiring an additional 2,572,320 shares during the period. Teradata makes up about 20.4% of Lynrock Lake LP's holdings, making the stock its largest holding. Lynrock Lake LP owned 9.85% of Teradata worth $211,687,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in TDC. Cubist Systematic Strategies LLC boosted its stake in Teradata by 47.3% during the first quarter. Cubist Systematic Strategies LLC now owns 127,131 shares of the technology company's stock valued at $2,858,000 after buying an additional 40,828 shares during the period. Royal Bank of Canada boosted its stake in Teradata by 76.0% during the first quarter. Royal Bank of Canada now owns 330,801 shares of the technology company's stock valued at $7,436,000 after buying an additional 142,813 shares during the period. Quarry LP boosted its stake in Teradata by 319.7% during the first quarter. Quarry LP now owns 5,800 shares of the technology company's stock valued at $130,000 after buying an additional 4,418 shares during the period. State of Wyoming boosted its stake in Teradata by 128.9% during the first quarter. State of Wyoming now owns 11,806 shares of the technology company's stock valued at $265,000 after buying an additional 6,648 shares during the period. Finally, Keeley Teton Advisors LLC boosted its stake in Teradata by 36.2% during the first quarter. Keeley Teton Advisors LLC now owns 23,819 shares of the technology company's stock valued at $535,000 after buying an additional 6,330 shares during the period. 90.31% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. UBS Group dropped their price objective on Teradata from $24.00 to $23.00 and set a "neutral" rating for the company in a research note on Wednesday, August 6th. Wall Street Zen lowered Teradata from a "buy" rating to a "hold" rating in a research note on Saturday, August 23rd. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $26.86.

Teradata Price Performance

TDC stock traded up $0.46 during mid-day trading on Friday, hitting $20.99. 1,115,568 shares of the stock were exchanged, compared to its average volume of 844,448. The company has a debt-to-equity ratio of 2.78, a current ratio of 0.84 and a quick ratio of 0.84. The business has a fifty day moving average price of $21.48 and a 200 day moving average price of $21.91. Teradata Corporation has a 12 month low of $18.43 and a 12 month high of $33.69. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of 18.57, a PEG ratio of 5.14 and a beta of 0.78.

Teradata (NYSE:TDC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The technology company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.06. The firm had revenue of $408.00 million during the quarter, compared to analyst estimates of $399.73 million. Teradata had a return on equity of 96.29% and a net margin of 6.57%.The company's revenue was down 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 earnings per share. Teradata has set its Q3 2025 guidance at 0.510-0.55 EPS. FY 2025 guidance at 2.170-2.25 EPS. On average, sell-side analysts anticipate that Teradata Corporation will post 1.31 EPS for the current year.

About Teradata

Teradata Corporation, together with its subsidiaries, provides a connected multi-cloud data platform for enterprise analytics. The company offers Teradata Vantage, an open and connected platform designed to leverage data across an enterprise. Its business consulting services include support services for organizations to establish a data and analytic vision, enable a multi-cloud ecosystem architecture, and identify and operationalize analytical opportunities, as well as to ensure the analytical infrastructure delivers value.