Magnetar Financial LLC Makes New Investment in Dynatrace, Inc. $DT

Magnetar Financial LLC bought a new stake in Dynatrace, Inc. (NYSE:DTFree Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 25,616 shares of the company’s stock, valued at approximately $1,241,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DT. Cornerstone Planning Group LLC boosted its holdings in shares of Dynatrace by 561.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock worth $28,000 after buying an additional 494 shares during the period. MAI Capital Management increased its stake in Dynatrace by 122.4% during the 2nd quarter. MAI Capital Management now owns 547 shares of the company’s stock worth $30,000 after acquiring an additional 301 shares during the period. VSM Wealth Advisory LLC bought a new position in shares of Dynatrace in the second quarter worth $34,000. Hazlett Burt & Watson Inc. bought a new position in Dynatrace in the third quarter valued at approximately $37,000. Finally, First Horizon Corp acquired a new position in shares of Dynatrace during the 3rd quarter worth $39,000. 94.28% of the stock is owned by institutional investors.

Insider Buying and Selling at Dynatrace

In related news, EVP Stephen A. Mcmahon acquired 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were bought at an average cost of $35.75 per share, for a total transaction of $107,250.00. Following the purchase, the executive vice president owned 3,454 shares in the company, valued at $123,480.50. This trade represents a 660.79% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Canaccord Genuity Group set a $50.00 price target on Dynatrace in a research note on Tuesday, February 10th. Rosenblatt Securities reduced their price objective on shares of Dynatrace from $67.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, January 30th. Stifel Nicolaus set a $51.00 price objective on shares of Dynatrace in a research report on Monday, February 9th. Jefferies Financial Group reduced their price target on shares of Dynatrace from $65.00 to $55.00 and set a “buy” rating for the company in a research report on Monday, January 5th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Dynatrace in a report on Monday, February 9th. Nineteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $53.48.

Check Out Our Latest Stock Report on Dynatrace

Dynatrace Trading Up 1.2%

Dynatrace stock opened at $38.02 on Friday. The company has a market cap of $11.34 billion, a price-to-earnings ratio of 62.33, a PEG ratio of 2.99 and a beta of 0.82. Dynatrace, Inc. has a 12 month low of $32.83 and a 12 month high of $57.55. The business’s 50 day simple moving average is $38.31 and its 200 day simple moving average is $44.15.

Dynatrace (NYSE:DTGet Free Report) last announced its quarterly earnings data on Monday, February 9th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The business had revenue of $515.47 million for the quarter, compared to analysts’ expectations of $506.31 million. Dynatrace had a return on equity of 9.75% and a net margin of 9.55%.The firm’s quarterly revenue was up 18.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.37 EPS. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. As a group, equities research analysts forecast that Dynatrace, Inc. will post 0.68 earnings per share for the current fiscal year.

Dynatrace announced that its board has initiated a share repurchase program on Monday, February 9th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to purchase up to 9.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

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.

See Also

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Institutional Ownership by Quarter for Dynatrace (NYSE:DT)

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