AdvertisementAdvertisementBusinessDynatrace logo is seen in this illustration taken February 16, 2025. REUTERS/Dado Ruvic/Illustration28 Apr 2026 07:46AM (Updated: 28 Apr 2026 08:44AM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST April 27 : Activist investor Starboard Value has taken a major stake in AI software maker Dynatrace and is advocating for strategic changes to help boost its share price, the Wall Street Journal reported on Monday, citing a draft of a letter by a senior executive.The draft letter by Starboard managing member Peter Feld, expected to be sent to Dynatrace on Tuesday, noted that the company's stock is undervalued compared with its industry peers, according to the WSJ report.Following the news, shares of Dynatrace jumped 8 per cent during after-hours trading.Starboard has already become one of Dynatrace's top five shareholders and has been engaging privately with the company's leadership in recent months.Show MoreShow LessThe company believes Dynatrace's shares have struggled due to slowing revenue growth and investor concerns about near-term performance, the WSJ report said.Reuters could not immediately verify the WSJ report.Starboard Value and Dynatrace did not immediately respond to Reuters' request for a comment outside regular business hours.Shares of Dynatrace have fallen more than 17 per cent so far this year, despite the Massachusetts-based company raising its 2026 revenue outlook to between $2.005 billion and $2.010 billion, from previous forecast of $1.985 billion to $1.995 billion.Starboard believes that Dynatrace should accelerate its share buyback program, suggesting the company could return more than $2.5 billion within three years, the WSJ report said.Dynatrace had already announced a $1-billion share repurchase plan in February.Activist investors acquire stakes in companies primarily to influence management and drive changes that boost the stock price and increase shareholder value.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST