Dynatrace, Inc. $DT Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans trimmed its stake in Dynatrace, Inc. (NYSE:DT) by 7.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 300,599 shares of the company’s stock after selling 23,833 shares during the period. Thrivent Financial for Lutherans’ holdings in Dynatrace were worth $13,028,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. V Square Quantitative Management LLC purchased a new stake in Dynatrace in the fourth quarter valued at approximately $26,000. Cornerstone Planning Group LLC boosted its stake in shares of Dynatrace by 561.4% in the third quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock valued at $28,000 after purchasing an additional 494 shares during the period. Hazlett Burt & Watson Inc. acquired a new position in shares of Dynatrace in the third quarter valued at approximately $37,000. True Wealth Design LLC increased its stake in Dynatrace by 99.6% during the 4th quarter. True Wealth Design LLC now owns 896 shares of the company’s stock worth $39,000 after buying an additional 447 shares during the period. Finally, Reyes Financial Architecture Inc. purchased a new stake in Dynatrace during the 4th quarter worth approximately $77,000. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Stephen A. Mcmahon bought 3,000 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were acquired at an average price of $35.75 per share, with a total value of $107,250.00. Following the completion of the acquisition, the executive vice president directly owned 3,454 shares in the company, valued at approximately $123,480.50. The trade was a 660.79% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.57% of the stock is currently owned by company insiders.

Dynatrace Price Performance

Shares of NYSE:DT opened at $39.79 on Tuesday. Dynatrace, Inc. has a 12 month low of $31.64 and a 12 month high of $57.55. The firm has a market capitalization of $11.87 billion, a P/E ratio of 73.68, a P/E/G ratio of 2.57 and a beta of 0.70. The company’s fifty day moving average price is $37.13 and its 200 day moving average price is $40.24.

Dynatrace (NYSE:DT) last posted its quarterly earnings data 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 business had revenue of $531.72 million during the quarter, compared to the consensus estimate of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The company’s revenue was up 19.4% compared to the same quarter last year. During the same period 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. On average, sell-side analysts anticipate that Dynatrace, Inc. will post 1.08 EPS for the current year.

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

Analyst Ratings Changes

DT has been the topic of a number of recent research reports. Cantor Fitzgerald cut their price objective on Dynatrace from $51.00 to $37.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. Wells Fargo & Company lowered their target price on Dynatrace from $65.00 to $50.00 and set an “overweight” rating for the company in a research note on Tuesday, February 10th. Rothschild & Co Redburn assumed coverage on Dynatrace in a report on Thursday, April 23rd. They set a “neutral” rating and a $40.00 price target on the stock. Barclays reduced their price target on Dynatrace from $47.00 to $44.00 and set an “overweight” rating on the stock in a research report on Thursday. Finally, UBS Group decreased their price objective on Dynatrace from $40.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday. Twenty investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $46.50.

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.