Zions Bancorporation National Association UT cut its stake in Dynatrace, Inc. (NYSE:DT – Free Report) by 5.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,569 shares of the company’s stock after selling 2,198 shares during the period. Zions Bancorporation National Association UT’s holdings in Dynatrace were worth $2,240,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in DT. Future Fund LLC acquired a new position in shares of Dynatrace in the 2nd quarter worth approximately $1,025,000. Acadian Asset Management LLC raised its stake in Dynatrace by 28.0% during the second quarter. Acadian Asset Management LLC now owns 158,333 shares of the company’s stock worth $8,737,000 after buying an additional 34,608 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in Dynatrace by 10.7% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 257,919 shares of the company’s stock valued at $14,240,000 after buying an additional 24,870 shares during the period. Aviva PLC lifted its holdings in Dynatrace by 3.9% in the second quarter. Aviva PLC now owns 220,159 shares of the company’s stock valued at $12,155,000 after buying an additional 8,323 shares during the period. Finally, Los Angeles Capital Management LLC boosted its position in Dynatrace by 1,127.3% during the second quarter. Los Angeles Capital Management LLC now owns 132,902 shares of the company’s stock valued at $7,338,000 after acquiring an additional 122,073 shares during the last quarter. Institutional investors own 94.28% of the company’s stock.
Insider Transactions at Dynatrace
In other news, EVP Dan Zugelder sold 7,503 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $50.00, for a total value of $375,150.00. Following the completion of the sale, the executive vice president directly owned 1,420 shares of the company’s stock, valued at $71,000. This represents a 84.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Daniel S. Yates sold 2,000 shares of Dynatrace stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $49.89, for a total value of $99,780.00. Following the transaction, the chief accounting officer directly owned 22,555 shares in the company, valued at approximately $1,125,268.95. The trade was a 8.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 10,602 shares of company stock valued at $529,579 over the last ninety days. 0.57% of the stock is currently owned by insiders.
Dynatrace Trading Up 2.4%
Dynatrace (NYSE:DT – Get Free Report) last posted its earnings results on Wednesday, November 5th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.41 by $0.03. Dynatrace had a net margin of 27.33% and a return on equity of 9.24%. The company had revenue of $493.85 million during the quarter, compared to the consensus estimate of $487.33 million. During the same period in the previous year, the firm posted $0.37 earnings per share. The firm’s revenue for the quarter was up 18.1% on a year-over-year basis. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS. FY 2026 guidance at 1.620-1.640 EPS. On average, research analysts forecast that Dynatrace, Inc. will post 0.68 EPS for the current year.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on DT shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Dynatrace in a research report on Wednesday, October 8th. Citigroup lowered their target price on Dynatrace from $68.00 to $64.00 and set a “buy” rating for the company in a report on Monday, August 18th. Scotiabank dropped their price target on Dynatrace from $67.00 to $60.00 and set an “outperform” rating on the stock in a research note on Thursday. Cantor Fitzgerald reduced their price objective on shares of Dynatrace from $57.00 to $51.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, Wall Street Zen lowered shares of Dynatrace from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $62.27.
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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