Starboard Value pushes Dynatrace for stock buybacks
Activist investor Starboard Value has become a top-5 shareholder in Dynatrace, an AI software company whose stock has fallen over 15% this year. The fund is urging the company to boost its stock buyback program.
Key facts
- Starboard Value is an activist investor
- Starboard Value is now a top-5 shareholder in Dynatrace
- Dynatrace is an AI software company
- Dynatrace stock is down more than 15% this year
- Starboard Value is pushing Dynatrace to increase stock buybacks
Entities
Institutions
- Starboard Value
- Dynatrace
Sources
- Quartz —