Key Points
- Dynatrace EVP Bernd Greifeneder sold 247 shares on June 5 at an average price of $42.19, worth about $10,421. The sale reduced his holdings by 12.39% and was made to cover tax withholding tied to equity award vesting.
- Dynatrace recently reported strong quarterly results, with EPS of $0.41 beating estimates by $0.02 and revenue of $531.72 million topping forecasts. Revenue rose 19.4% year over year.
- Analyst sentiment remains generally positive, with 21 Buy ratings and an average price target of $46.50, though some firms recently lowered targets and Guggenheim cut its rating to Neutral.
Dynatrace, Inc. (NYSE:DT - Get Free Report) EVP Bernd Greifeneder sold 247 shares of the company's stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $42.19, for a total value of $10,420.93. Following the sale, the executive vice president owned 1,747 shares of the company's stock, valued at $73,705.93. This represents a 12.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Dynatrace Price Performance
Shares of NYSE:DT opened at $40.75 on Wednesday. The firm has a market capitalization of $11.88 billion, a PE ratio of 75.46, a P/E/G ratio of 2.72 and a beta of 0.75. The business has a 50-day moving average of $38.22 and a two-hundred day moving average of $39.58. Dynatrace, Inc. has a 12 month low of $31.64 and a 12 month high of $57.55.
Dynatrace (NYSE:DT - Get Free Report) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. The company had revenue of $531.72 million during the quarter, compared to analyst estimates of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The firm's revenue was up 19.4% on a year-over-year basis. During the same period in the prior year, the firm posted $0.33 earnings per share. 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, research analysts anticipate that Dynatrace, Inc. will post 1.11 earnings per share for the current year.
Institutional Investors Weigh In On Dynatrace
A number of large investors have recently modified their holdings of DT. NewEdge Advisors LLC grew its stake in shares of Dynatrace by 25.3% in the first quarter. NewEdge Advisors LLC now owns 9,135 shares of the company's stock valued at $431,000 after buying an additional 1,846 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of Dynatrace by 19.2% in the first quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company's stock valued at $102,000 after buying an additional 348 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Dynatrace by 21.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company's stock valued at $85,000 after purchasing an additional 272 shares in the last quarter. Invesco Ltd. grew its stake in Dynatrace by 38.9% during the 2nd quarter. Invesco Ltd. now owns 793,630 shares of the company's stock valued at $43,816,000 after purchasing an additional 222,395 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in Dynatrace during the 2nd quarter valued at approximately $410,000. Institutional investors and hedge funds own 94.28% of the company's stock.
Analyst Ratings Changes
Several equities research analysts have commented on the company. Royal Bank Of Canada dropped their price target on Dynatrace from $50.00 to $45.00 and set an "outperform" rating for the company in a research note on Thursday, May 14th. Wells Fargo & Company dropped their price target on Dynatrace from $65.00 to $50.00 and set an "overweight" rating for the company in a research note on Tuesday, February 10th. DA Davidson dropped their price target on Dynatrace from $50.00 to $45.00 and set a "buy" rating for the company in a research note on Thursday, May 14th. Wolfe Research restated an "outperform" rating and set a $42.00 price target on shares of Dynatrace in a research note on Thursday, May 14th. Finally, Guggenheim lowered Dynatrace from a "buy" rating to a "neutral" rating in a research note on Wednesday, May 13th. Twenty-one analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Dynatrace has an average rating of "Moderate Buy" and an average price target of $46.50.
View Our Latest Analysis on DT
About Dynatrace
(
Get 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.
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