Dynatrace, Inc. $DT Shares Sold by Swedbank AB

Swedbank AB lowered its holdings in shares of Dynatrace, Inc. (NYSE:DTFree Report) by 69.1% during the 1st quarter, Holdings Channel reports. The fund owned 55,500 shares of the company’s stock after selling 123,926 shares during the period. Swedbank AB’s holdings in Dynatrace were worth $2,052,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC acquired a new position in shares of Dynatrace during the fourth quarter valued at $26,000. Brown Lisle Cummings Inc. lifted its holdings in Dynatrace by 218.8% in the first quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock worth $29,000 after purchasing an additional 547 shares during the period. RHL Group LLC bought a new position in Dynatrace in the 4th quarter valued at about $30,000. Larson Financial Group LLC grew its position in Dynatrace by 168.8% in the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock valued at $35,000 after buying an additional 508 shares in the last quarter. Finally, True Wealth Design LLC increased its stake in Dynatrace by 99.6% during the 4th quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after buying an additional 447 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

Trending Headlines about Dynatrace

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Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. JPMorgan Chase & Co. dropped their price target on shares of Dynatrace from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Jefferies Financial Group lowered their price objective on shares of Dynatrace from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Rothschild & Co Redburn started coverage on Dynatrace in a report on Thursday, April 23rd. They set a “neutral” rating and a $40.00 target price on the stock. Wedbush set a $48.00 target price on Dynatrace in a research report on Friday, May 15th. Finally, Truist Financial lifted their target price on Dynatrace from $45.00 to $55.00 and gave the stock a “buy” rating in a report on Thursday. Twenty-two research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $48.27.

Check Out Our Latest Stock Analysis on DT

Dynatrace Trading Down 3.5%

Shares of NYSE DT traded down $1.59 during mid-day trading on Friday, reaching $43.64. The company had a trading volume of 2,741,384 shares, compared to its average volume of 5,456,073. The company has a 50-day moving average price of $41.37 and a two-hundred day moving average price of $39.30. The stock has a market cap of $12.72 billion, a PE ratio of 80.81, a P/E/G ratio of 2.80 and a beta of 0.73. Dynatrace, Inc. has a 1-year low of $31.64 and a 1-year high of $55.49.

Dynatrace (NYSE:DTGet Free Report) last announced its earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The business had revenue of $531.72 million during the quarter, compared to the consensus estimate of $521.01 million. During the same period in the prior year, the business posted $0.33 earnings per share. Dynatrace’s revenue was up 19.4% compared to the same quarter last year. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. On average, research analysts expect that Dynatrace, Inc. will post 1.12 EPS for the current year.

Dynatrace Profile

(Free Report)

Dynatrace is a global software intelligence company specializing in application performance management (APM), cloud infrastructure monitoring, and digital experience management. Its flagship offering, the Dynatrace Software Intelligence Platform, leverages artificial intelligence to provide real-time observability across distributed environments, including on-premises data centers, private clouds, public clouds and hybrid deployments. Organizations rely on Dynatrace to detect anomalies, troubleshoot performance issues and optimize end-user experiences through automated root-cause analysis powered by the company’s engine, Davis.

The Dynatrace platform comprises modules for full-stack application monitoring, digital experience monitoring, infrastructure monitoring and business analytics.

Further Reading

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Institutional Ownership by Quarter for Dynatrace (NYSE:DT)

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