FMR LLC Discloses 6.235% Stake in Dynatrace (DT)

TL;DR

**FMR LLC just revealed a 6.235% stake in Dynatrace, a big institutional buy.**

AI Summary

FMR LLC, a major investment management firm, and its principal owner, Abigail P. Johnson, have disclosed a 6.235% beneficial ownership stake in Dynatrace, Inc. (DT) as of February 9, 2024. This represents 18,356,889 shares of common stock. This matters to investors because it signals that a large, sophisticated institutional investor sees value in Dynatrace, potentially indicating confidence in the company's future performance and stability.

Why It Matters

A significant stake by a major institutional investor like FMR LLC can be seen as a vote of confidence, potentially attracting other investors and supporting the stock price.

Risk Assessment

Risk Level: low — This filing indicates a significant institutional investment, generally seen as a positive signal rather than a risk.

Analyst Insight

A smart investor would view this as a positive signal, potentially researching Dynatrace further to understand why a major firm like FMR LLC has taken a significant stake, and consider adding it to their watchlist or portfolio.

Key Numbers

• 18,356,889 — Shares Beneficially Owned (Total common stock shares of Dynatrace held by FMR LLC and Abigail P. Johnson.)
• 6.235% — Percent of Class (The percentage of Dynatrace's common stock owned by FMR LLC and Abigail P. Johnson.)

Key Players & Entities

• FMR LLC (company) — reporting person and parent holding company
• Abigail P. Johnson (person) — reporting person, associated with FMR LLC
• Dynatrace, Inc. (company) — the issuer of the securities
• 18,356,889 (dollar_amount) — total shares beneficially owned
• 6.235% (dollar_amount) — percentage of class beneficially owned
• February 9, 2024 (dollar_amount) — date as of change and filing date

Forward-Looking Statements

• Other institutional investors may increase their positions in Dynatrace, Inc. (Dynatrace, Inc.) — medium confidence, target: next 6-12 months

FAQ

From the Filing

0000315066-24-001085.txt : 20240209 0000315066-24-001085.hdr.sgml : 20240209 20240209085019 ACCESSION NUMBER: 0000315066-24-001085 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 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 SEC ACT: 1934 Act SEC FILE NUMBER: 005-91393 FILM NUMBER: 24611474 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: FMR LLC CENTRAL INDEX KEY: 0000315066 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] ORGANIZATION NAME: IRS NUMBER: 043532603 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 6175706339 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: FMR CORP DATE OF NAME CHANGE: 19920717 SC 13G 1 filing.txt SCHEDULE 13G Amendment No.0 DYNATRACE INC COMMON STOCK Cusip #268150109 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) Cusip #268150109 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 18,239,340 Item 6: 0 Item 7: 18,356,889 Item 8: 0 Item 9: 18,356,889 Item 11: 6.235% Item 12: HC Cusip #268150109 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 18,356,889 Item 8: 0 Item 9: 18,356,889 Item 11: 6.235% Item 12: IN 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 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 268150109 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 18,356,889 (b) Percent of Class: 6.235% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 18,356,889 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of DYNATRACE INC. No one other person's interest in the COMMON STOCK of DYNATRACE INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of