Fox Run Management L.L.C. cut its holdings in Dynatrace, Inc. (NYSE:DT – Free Report) by 18.4% during the second quarter, Holdings Channel reports. The firm owned 59,272 shares of the company’s stock after selling 13,369 shares during the quarter. Dynatrace makes up 0.5% of Fox Run Management L.L.C.’s portfolio, making the stock its 4th biggest holding. Fox Run Management L.L.C.’s holdings in Dynatrace were worth $3,272,000 at the end of the most recent reporting period.
A number of other institutional investors have also added to or reduced their stakes in DT. Eastern Bank bought a new stake in shares of Dynatrace during the second quarter valued at approximately $35,000. Brooklyn Investment Group increased its holdings in Dynatrace by 761.9% in the 1st quarter. Brooklyn Investment Group now owns 905 shares of the company’s stock valued at $43,000 after acquiring an additional 800 shares during the last quarter. CX Institutional lifted its stake in Dynatrace by 42.6% in the 2nd quarter. CX Institutional now owns 1,221 shares of the company’s stock worth $67,000 after purchasing an additional 365 shares in the last quarter. Huntington National Bank boosted its holdings in shares of Dynatrace by 259.8% during the 2nd quarter. Huntington National Bank now owns 1,486 shares of the company’s stock valued at $82,000 after purchasing an additional 1,073 shares during the last quarter. Finally, SBI Securities Co. Ltd. grew its position in shares of Dynatrace by 131.8% during the first quarter. SBI Securities Co. Ltd. now owns 1,620 shares of the company’s stock valued at $76,000 after purchasing an additional 921 shares in the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
DT has been the topic of a number of research analyst reports. Guggenheim boosted their target price on Dynatrace from $66.00 to $68.00 and gave the stock a “buy” rating in a research report on Thursday, August 7th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Dynatrace in a report on Wednesday, October 8th. Oppenheimer started coverage on shares of Dynatrace in a report on Wednesday, August 27th. They issued an “outperform” rating and a $65.00 target price for the company. Royal Bank Of Canada boosted their price target on shares of Dynatrace from $60.00 to $64.00 and gave the stock an “outperform” rating in a research report on Thursday, August 7th. Finally, Wells Fargo & Company initiated coverage on shares of Dynatrace in a research report on Tuesday, September 30th. They set an “overweight” rating and a $65.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $62.27.
Insiders Place Their Bets
In other Dynatrace news, Director Lisa M. Campbell sold 1,013 shares of the business’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $49.77, for a total transaction of $50,417.01. Following the completion of the transaction, the director owned 1,012 shares in the company, valued at $50,367.24. The trade was a 50.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Dan Zugelder sold 7,503 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $50.00, for a total value of $375,150.00. Following the transaction, the executive vice president directly owned 1,420 shares in the company, valued at approximately $71,000. This represents a 84.09% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 10,602 shares of company stock valued at $529,579 over the last 90 days. Insiders own 0.57% of the company’s stock.
Dynatrace Stock Up 2.4%
Shares of DT opened at $47.18 on Friday. The business has a fifty day moving average of $48.99 and a 200 day moving average of $50.81. The company has a market cap of $14.23 billion, a PE ratio of 28.25, a P/E/G ratio of 3.89 and a beta of 0.85. Dynatrace, Inc. has a 52-week low of $39.30 and a 52-week high of $63.00.
Dynatrace (NYSE:DT – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The business had revenue of $493.85 million for the quarter, compared to analysts’ expectations of $487.33 million. Dynatrace had a net margin of 27.33% and a return on equity of 9.24%. The business’s revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.37 earnings per share. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS. FY 2026 guidance at 1.620-1.640 EPS. As a group, research analysts anticipate that Dynatrace, Inc. will post 0.68 earnings per share for the current fiscal year.
Dynatrace Profile
Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.
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