13,843 Shares of Dynatrace, Inc. $DT Bought by MBL Wealth LLC

MBL Wealth LLC purchased a new position in Dynatrace, Inc. (NYSE:DT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,843 shares of the company’s stock, valued at approximately $799,000.

A number of other large investors have also modified their holdings of DT. Root Financial Partners LLC acquired a new position in shares of Dynatrace during the third quarter valued at about $86,000. Quadrant Capital Group LLC raised its position in shares of Dynatrace by 3.7% in the 3rd quarter. Quadrant Capital Group LLC now owns 37,316 shares of the company’s stock valued at $2,155,000 after purchasing an additional 1,335 shares during the last quarter. Nisa Investment Advisors LLC raised its position in shares of Dynatrace by 966.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 39,191 shares of the company’s stock valued at $2,263,000 after purchasing an additional 35,516 shares during the last quarter. 55 North Private Wealth LLC purchased a new position in shares of Dynatrace in the 3rd quarter valued at approximately $203,000. Finally, Pension & Wealth Management Advisors Inc. boosted its stake in Dynatrace by 42.6% in the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 6,508 shares of the company’s stock worth $376,000 after purchasing an additional 1,943 shares in the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insider Activity

In other news, EVP Bernd Greifeneder sold 50,000 shares of the business’s stock in a transaction dated Friday, September 18th. The stock was sold at an average price of $57.21, for a total value of $2,860,500.00. Following the completion of the transaction, the executive vice president owned 904,846 shares of the company’s stock, valued at $51,766,239.66. The trade was a 5.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.69% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Yorkville Ives initiated coverage on shares of Dynatrace in a research report on Tuesday, October 6th. They set an “in-line” rating and a $62.00 target price on the stock. Truist Financial upped their price target on shares of Dynatrace from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday. Jefferies Financial Group reaffirmed a “buy” rating and issued a $75.00 price target on shares of Dynatrace in a report on Sunday, October 11th. Morgan Stanley raised shares of Dynatrace from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $58.00 to $65.00 in a report on Tuesday, August 25th. Finally, UBS Group lifted their price objective on shares of Dynatrace from $74.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday. Twenty-four analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, Dynatrace has a consensus rating of “Moderate Buy” and an average price target of $60.90.

Dynatrace Stock Up 1.2%

Shares of NYSE DT opened at $64.14 on Friday. The business’s 50 day moving average price is $56.36 and its 200 day moving average price is $46.62. The firm has a market cap of $18.54 billion, a P/E ratio of 128.27, a P/E/G ratio of 3.90 and a beta of 0.77. Dynatrace, Inc. has a 52 week low of $31.64 and a 52 week high of $66.30.

Dynatrace (NYSE:DT) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. The company had revenue of $554.55 million during the quarter, compared to analyst estimates of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. Dynatrace’s revenue for the quarter was up 16.3% compared to the same quarter last year. During the same period last year, the firm posted $0.42 EPS. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. As a group, research analysts expect that Dynatrace, Inc. will post 1.11 earnings per share for the current year.

Dynatrace Profile

Dynatrace, Inc provides an observability and application security platform designed to help organizations monitor, analyze and optimize complex digital environments. Its software uses artificial intelligence and automation to provide visibility across applications, infrastructure, cloud services, logs, user experiences and business operations.

The company’s products support application performance monitoring, infrastructure monitoring, digital experience monitoring, log and analytics management, cloud automation and application security.