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Dynatrace Shareholder Starboard Discloses Substantial Investment, Urges Constructive Engagement

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-- Dynatrace (DT) was delivered a letter outlining operational strategies to accelerate revenue growth and profitability, Starboard Value said Tuesday.

Starboard has made a substantial investment in Dynatrace, according to the letter.

The shares currently trade at a severe valuation discount compared to infrastructure peers despite a durable product platform, Starboard added.

Dynatrace has an opportunity for value creation, Starboard said, adding that it looks forward to a continued constructive engagement the company's management and the board regarding the goal.

Dynatrace didn't immediately reply to request for comment from.

Shares of Dynatrace were up 3.2% in Tuesday trading.

Price: $36.73, Change: $+1.12, Percent Change: +3.13%

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