Dynatrace, Inc. $DT Shares Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in Dynatrace, Inc. (NYSE:DT) by 37.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 847,400 shares of the company’s stock after acquiring an additional 232,100 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Dynatrace were worth $36,726,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Cim LLC lifted its holdings in Dynatrace by 1.0% in the 3rd quarter. Cim LLC now owns 22,184 shares of the company’s stock valued at $1,075,000 after acquiring an additional 228 shares during the last quarter. Orion Porfolio Solutions LLC lifted its stake in Dynatrace by 1.4% during the third quarter. Orion Porfolio Solutions LLC now owns 16,983 shares of the company’s stock valued at $823,000 after buying an additional 231 shares in the last quarter. GAMMA Investing LLC lifted its stake in Dynatrace by 7.7% during the fourth quarter. GAMMA Investing LLC now owns 3,460 shares of the company’s stock valued at $150,000 after buying an additional 246 shares in the last quarter. Assetmark Inc. lifted its stake in Dynatrace by 0.7% during the fourth quarter. Assetmark Inc. now owns 36,629 shares of the company’s stock valued at $1,588,000 after buying an additional 248 shares in the last quarter. Finally, Northwestern Mutual Investment Management Company LLC lifted its stake in Dynatrace by 0.4% during the third quarter. Northwestern Mutual Investment Management Company LLC now owns 67,205 shares of the company’s stock valued at $3,256,000 after buying an additional 264 shares in the last quarter. 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 the company’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were purchased at an average price of $35.75 per share, for a total transaction of $107,250.00. Following the completion of the acquisition, the executive vice president owned 3,454 shares of the company’s stock, valued at approximately $123,480.50. This represents a 660.79% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.57% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on DT shares. Robert W. Baird set a $47.00 price objective on shares of Dynatrace in a research note on Tuesday, February 10th. Rosenblatt Securities reduced their price objective on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating for the company in a research note on Friday, May 1st. UBS Group set a $64.00 price objective on shares of Dynatrace in a research note on Thursday, March 12th. Canaccord Genuity Group set a $50.00 price objective on shares of Dynatrace in a research note on Tuesday, February 10th. Finally, Barclays reduced their price objective on shares of Dynatrace from $57.00 to $47.00 and set an “overweight” rating for the company in a research note on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $51.32.

Dynatrace Stock Performance

NYSE:DT opened at $39.14 on Wednesday. The stock’s 50 day moving average price is $37.14 and its 200 day moving average price is $40.59. Dynatrace, Inc. has a 52 week low of $31.64 and a 52 week high of $57.55. The company has a market capitalization of $11.67 billion, a P/E ratio of 64.17, a P/E/G ratio of 2.46 and a beta of 0.70.

Dynatrace (NYSE:DT) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.17). Dynatrace had a return on equity of 9.75% and a net margin of 9.55%.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 0.88 earnings per share for the current fiscal year.

Dynatrace declared that its board has approved a share repurchase program on Monday, February 9th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the company to buy up to 9.8% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

About Dynatrace

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.