Dynatrace (NYSE:DT) EVP Sells $10,420.93 in Stock

Dynatrace, Inc. (NYSE:DT) EVP Bernd Greifeneder sold 247 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $42.19, for a total transaction of $10,420.93. Following the completion of the transaction, the executive vice president directly owned 1,747 shares in the company, valued at $73,705.93. The trade was a 12.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Dynatrace Trading Down 2.8%

Shares of NYSE:DT traded down $1.18 during trading on Tuesday, reaching $40.75. The company had a trading volume of 5,834,183 shares, compared to its average volume of 6,524,881. The company has a fifty day moving average of $38.22 and a two-hundred day moving average of $39.58. The stock has a market capitalization of $11.88 billion, a P/E ratio of 75.46, a price-to-earnings-growth ratio of 2.72 and a beta of 0.75. Dynatrace, Inc. has a 12 month low of $31.64 and a 12 month high of $57.55.

Dynatrace (NYSE:DT) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The firm had revenue of $531.72 million for the quarter, compared to analyst estimates of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The business’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.33 EPS. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. As a group, equities research analysts predict that Dynatrace, Inc. will post 1.11 earnings per share for the current year.

Dynatrace declared that its Board of Directors has approved a share buyback program on Monday, February 9th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to buy up to 9.8% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

DT has been the topic of several recent research reports. Guggenheim lowered shares of Dynatrace from a “buy” rating to a “neutral” rating in a report on Wednesday, May 13th. KeyCorp reduced their target price on shares of Dynatrace from $52.00 to $47.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Citigroup reduced their target price on shares of Dynatrace from $60.00 to $50.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Rosenblatt Securities reduced their target price on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Finally, Stifel Nicolaus set a $51.00 target price on shares of Dynatrace in a report on Monday, February 9th. Twenty-one research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $46.50.

Hedge Funds Weigh In On Dynatrace

Institutional investors and hedge funds have recently made changes to their positions in the business. V Square Quantitative Management LLC purchased a new stake in Dynatrace during the 4th quarter valued at $26,000. RHL Group LLC purchased a new stake in Dynatrace during the 4th quarter valued at $30,000. Brown Lisle Cummings Inc. boosted its position in Dynatrace by 218.8% during the 1st quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock valued at $29,000 after buying an additional 547 shares during the period. Larson Financial Group LLC boosted its position in Dynatrace by 168.8% during 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 during the period. Finally, True Wealth Design LLC boosted its position 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 own 94.28% of the company’s stock.

About Dynatrace

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.