SCHEDULE: Vanguard Discloses 9.79% Stake in Teradata

Vanguard Portfolio Management has reported beneficial ownership of 9.79% of Teradata Corp's common stock as of March 31, 2026.

Summary

• Vanguard Portfolio Management, along with its affiliates Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC, now beneficially owns 9,270,630 shares of Teradata Corp common stock.
• This holding represents 9.79% of the total class of securities.
• The filing indicates that Vanguard Portfolio Management has sole dispositive power over 9,270,630 shares and sole voting power over 63,657 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of influencing or changing the control of Teradata Corp.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it indicates significant institutional ownership by a major player, but provides no new operational or financial information about Teradata itself.

Positives

• Vanguard, a significant institutional investor, has disclosed a substantial ownership stake, which could be interpreted as a vote of confidence in Teradata's long-term prospects.
• The filing confirms Vanguard's active management and dispositive power over a significant portion of its holdings.

Negatives

• The filing does not contain any negative financial results or operational challenges for Teradata.

Risks

• The filing does not explicitly mention any risks related to Teradata's business operations or financial performance.

Future Outlook

The filing is a disclosure of ownership and does not contain forward-looking statements or guidance regarding Teradata's future performance.

Management Comments

• "In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Portfolio Management LLC and the following affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates: Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC."
• "This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power."
• "This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Portfolio Management LLC, or business divisions of such subsidiaries whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release."
• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

StockSavvy.ai notes that significant stake disclosures by large asset managers like Vanguard often signal sustained institutional interest in a company's sector, in this case, data analytics and cloud services, which are experiencing robust growth.

Stakeholder Impact

• Shareholders: The disclosure of a significant stake by Vanguard may provide some comfort to existing shareholders regarding institutional support, but it does not directly impact current share value or dividends.
• Management: The filing confirms that Vanguard is not acquiring shares with the intent to influence or change control, which may reduce immediate pressure on management regarding strategic shifts.
• Creditors: No direct impact on creditors is indicated by this ownership disclosure.

Next Steps

• Vanguard will continue to hold and potentially adjust its stake in Teradata Corp.
• Teradata Corp will continue its business operations and financial reporting as usual.

Key Dates

Keywords

Teradata Corp, Vanguard Portfolio Management, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Institutional Investor, Vanguard Fiduciary Trust Company, Vanguard Global Advisers