Dynatrace, Inc. $DT Stock Bought by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its stake in shares of Dynatrace, Inc. (NYSE:DT) by 966.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,191 shares of the company’s stock after acquiring an additional 35,516 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Dynatrace were worth $2,263,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Bank of America Corp DE boosted its holdings in Dynatrace by 304.7% in the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock valued at $346,044,000 after acquiring an additional 7,045,591 shares during the last quarter. First Trust Advisors LP increased its position in Dynatrace by 706.8% during the 1st quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock valued at $251,520,000 after purchasing an additional 5,958,505 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in Dynatrace during the 1st quarter valued at approximately $190,890,000. Amundi raised its holdings in Dynatrace by 461.5% during the 1st quarter. Amundi now owns 6,238,938 shares of the company’s stock worth $230,716,000 after purchasing an additional 5,127,910 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in Dynatrace during the 2nd quarter worth approximately $114,885,000. 94.28% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Dynatrace

In other news, EVP Bernd Greifeneder sold 50,000 shares of the company’s stock in a transaction dated Friday, September 18th. The shares were sold at an average price of $57.21, for a total transaction of $2,860,500.00. Following the transaction, the executive vice president owned 904,846 shares in the company, valued at approximately $51,766,239.66. This represents a 5.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.69% of the company’s stock.

Analyst Upgrades and Downgrades

DT has been the topic of a number of recent analyst reports. Yorkville Ives initiated coverage on shares of Dynatrace in a research report on Tuesday, October 6th. They issued an “in-line” rating and a $62.00 price target on the stock. Barclays upped their price objective on shares of Dynatrace from $60.00 to $71.00 and gave the company an “overweight” rating in a research note on Tuesday, October 13th. Jefferies Financial Group reiterated a “buy” rating and set a $75.00 price objective on shares of Dynatrace in a research report on Sunday, October 11th. Wedbush downgraded shares of Dynatrace from an “outperform” rating to a “neutral” rating and set a $54.00 target price for the company. in a research note on Thursday, September 10th. Finally, Truist Financial boosted their target price on shares of Dynatrace from $60.00 to $70.00 and gave the company a “buy” rating in a report on Wednesday. Twenty-four investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Dynatrace has an average rating of “Moderate Buy” and a consensus price target of $60.90.

Dynatrace Stock Up 1.2%

Dynatrace stock opened at $64.14 on Friday. The company has a market capitalization of $18.54 billion, a PE ratio of 128.27, a PEG ratio of 3.94 and a beta of 0.77. Dynatrace, Inc. has a 12-month low of $31.64 and a 12-month high of $66.30. The firm’s fifty day moving average is $56.36 and its 200 day moving average is $46.62.

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