Dynatrace (NYSE:DT) EVP Bernd Greifeneder Sells 247 Shares

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

Dynatrace Stock Performance

Dynatrace stock opened at $40.75 on Wednesday. The firm has a market capitalization of $11.88 billion, a price-to-earnings ratio of 75.46, a price-to-earnings-growth ratio of 2.72 and a beta of 0.75. Dynatrace, Inc. has a fifty-two week low of $31.64 and a fifty-two week high of $57.55. The stock’s fifty day moving average is $38.22 and its two-hundred day moving average is $39.58.

Dynatrace (NYSE:DT) last posted its earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. The company had revenue of $531.72 million for 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%.Dynatrace’s revenue was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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, sell-side analysts forecast that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.

Hedge Funds Weigh In On Dynatrace

Several large investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC lifted its position in Dynatrace by 10.0% during the first quarter. Parallel Advisors LLC now owns 25,987 shares of the company’s stock worth $961,000 after buying an additional 2,373 shares during the period. NewEdge Advisors LLC lifted its position in Dynatrace by 43.1% during the first quarter. NewEdge Advisors LLC now owns 14,381 shares of the company’s stock worth $532,000 after buying an additional 4,334 shares during the period. GKV Capital Management Co. Inc. purchased a new position in Dynatrace during the first quarter worth about $74,000. Bank of America Corp DE lifted its position in Dynatrace by 304.7% during the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock worth $346,044,000 after buying an additional 7,045,591 shares during the period. Finally, Edgestream Partners L.P. purchased a new position in Dynatrace during the first quarter worth about $1,848,000. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Rosenblatt Securities reduced their price objective on Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. KeyCorp reduced their price objective on Dynatrace from $52.00 to $47.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Royal Bank Of Canada reduced their price objective on Dynatrace from $50.00 to $45.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. William Blair assumed coverage on Dynatrace in a research report on Thursday, May 21st. They issued an “outperform” rating on the stock. Finally, Wedbush set a $48.00 price objective on Dynatrace in a research report on Friday, May 15th. Twenty-one equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $46.50.

Dynatrace Company Profile

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.