BlackRock Amends Dynatrace Stake, Maintains Significant Holding

TL;DR

**BlackRock still owns a big chunk of Dynatrace, signaling institutional confidence.**

AI Summary

BlackRock, Inc. filed an amended SC 13G/A on January 25, 2024, indicating its ownership in Dynatrace, Inc. (DT) as of December 31, 2023. This filing updates their previous disclosure, showing BlackRock continues to be a significant institutional holder of Dynatrace's common stock. For investors, this means a major institutional player maintains a substantial position, which can signal confidence in the company's long-term prospects, potentially influencing stock stability and investor sentiment.

Why It Matters

This filing confirms BlackRock's continued substantial investment in Dynatrace, providing a vote of confidence from a major institutional investor. It's important for current and prospective shareholders to know that large, sophisticated funds are holding onto their shares.

Risk Assessment

Risk Level: low — This filing is a routine update from a large institutional investor and does not indicate any immediate negative or positive catalysts.

Analyst Insight

An investor should note BlackRock's continued presence as a significant shareholder, which can be a positive signal, but should also conduct their own due diligence on Dynatrace's fundamentals and future prospects rather than relying solely on institutional ownership.

Key Players & Entities

• BlackRock, Inc. (company) — the reporting person filing the SC 13G/A
• Dynatrace, Inc. (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event which requires the filing
• January 25, 2024 (date) — the filing date of the SC 13G/A

FAQ

From the Filing

0001086364-24-003247.txt : 20240125 0001086364-24-003247.hdr.sgml : 20240125 20240125134851 ACCESSION NUMBER: 0001086364-24-003247 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Dynatrace, Inc. CENTRAL INDEX KEY: 0001773383 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-91393 FILM NUMBER: 24561023 BUSINESS ADDRESS: STREET 1: 1601 TRAPELO ROAD, SUITE 116 CITY: WALTHAM STATE: MA ZIP: 02451 BUSINESS PHONE: 781-530-1000 MAIL ADDRESS: STREET 1: 1601 TRAPELO ROAD, SUITE 116 CITY: WALTHAM STATE: MA ZIP: 02451 FORMER COMPANY: FORMER CONFORMED NAME: Dynatrace Holdings LLC DATE OF NAME CHANGE: 20190410 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us2681501092_012524.txt us2681501092_012524.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 1) Dynatrace, Inc. -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 268150109 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 268150109 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 24672023 (6) Shared voting power 0 (7) Sole dispositive power 25996059 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 25996059 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 8.8% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- Dynatrace, Inc. Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 1601 TRAPELO ROAD, SUITE 116 WALTHAM MA 02451 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal busine