Dynatrace rises after report activist Starboard takes major stake

Dynatrace,

28/04/2026 10:04

** Shares of AI software firm Dynatrace DT.N up 8.4% at $38.60 premarket

** Activist investor Starboard Value has taken a major stake in co and is pushing for changes to boost its share price, the Wall Street Journal reported on Monday, citing a draft of a letter by a senior executive

** Starboard believes DT's stock is undervalued compared to its peers and has been engaging with the co's leadership privately in recent months - WSJ

** WSJ report says the activist investor is pushing for an accelerated share buyback program and believes DT could return more than $2.5 bln to shareholders within three years

** Reuters could not immediately verify the WSJ report

** As of last close, DT stock down 17.8% YTD

(Reporting by Tharuniyaa Lakshmi in Bengaluru)

((tharuniyaa@thomsonreuters.com))