Dynatrace, Inc. $DT Shares Sold by Comerica Bank

Comerica Bank cut its stake in Dynatrace, Inc. (NYSE:DT) by 87.8% in the fourth quarter, HoldingsChannel reports. The fund owned 82,650 shares of the company’s stock after selling 596,672 shares during the period. Comerica Bank’s holdings in Dynatrace were worth $3,582,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. V Square Quantitative Management LLC purchased a new position in shares of Dynatrace during the 4th quarter valued at approximately $26,000. Cornerstone Planning Group LLC grew its stake in Dynatrace by 561.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock valued at $28,000 after acquiring an additional 494 shares during the period. Hazlett Burt & Watson Inc. acquired a new stake in Dynatrace in the 3rd quarter valued at $37,000. First Horizon Corp acquired a new stake in Dynatrace in the 3rd quarter valued at $39,000. Finally, True Wealth Design LLC grew its stake in Dynatrace by 99.6% in the 4th quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after acquiring an additional 447 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Stephen A. Mcmahon acquired 3,000 shares of Dynatrace stock in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average cost of $35.75 per share, with a total value of $107,250.00. Following the purchase, the executive vice president owned 3,454 shares in the company, valued at $123,480.50. This trade represents a 660.79% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.57% of the company’s stock.

Dynatrace Stock Performance

NYSE DT opened at $37.64 on Monday. The business has a fifty day moving average price of $36.61 and a 200 day moving average price of $40.99. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $57.55. The company has a market cap of $11.23 billion, a P/E ratio of 61.71, a P/E/G ratio of 2.30 and a beta of 0.70.

Dynatrace (NYSE:DT) last posted its quarterly earnings data on Monday, February 9th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. Dynatrace had a return on equity of 9.75% and a net margin of 9.55%.The firm had revenue of $515.47 million during the quarter, compared to the consensus estimate of $506.31 million. During the same period in the prior year, the company earned $0.37 EPS. The firm’s revenue was up 18.2% compared to the same quarter last year. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. As a group, sell-side analysts predict that Dynatrace, Inc. will post 0.88 EPS for the current fiscal year.

Dynatrace declared that its board has approved a stock buyback plan on Monday, February 9th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to purchase up to 9.8% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on DT shares. Barclays dropped their price target on shares of Dynatrace from $57.00 to $47.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 10th. Rosenblatt Securities dropped their price target on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a research note on Friday. TD Cowen dropped their price target on shares of Dynatrace from $60.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, April 15th. Rothschild & Co Redburn started coverage on shares of Dynatrace in a research note on Thursday, April 23rd. They issued a “neutral” rating and a $40.00 price target on the stock. Finally, Citigroup dropped their price target on shares of Dynatrace from $64.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.32.

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.