Victory Capital Management Inc. Has $12.87 Million Stock Position in Dynatrace, Inc. $DT

Victory Capital Management Inc. cut its holdings in Dynatrace, Inc. (NYSE:DTFree Report) by 16.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 265,704 shares of the company’s stock after selling 52,525 shares during the quarter. Victory Capital Management Inc. owned 0.09% of Dynatrace worth $12,873,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. MAI Capital Management lifted its position in shares of Dynatrace by 122.4% during the 2nd quarter. MAI Capital Management now owns 547 shares of the company’s stock valued at $30,000 after acquiring an additional 301 shares during the period. Cornerstone Planning Group LLC increased its stake in 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 in the last quarter. VSM Wealth Advisory LLC acquired a new position in shares of Dynatrace during the second quarter valued at about $34,000. Hazlett Burt & Watson Inc. bought a new position in shares of Dynatrace during the 3rd quarter worth about $37,000. Finally, First Horizon Corp bought a new position in shares of Dynatrace during the 3rd quarter worth about $39,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on DT shares. UBS Group decreased their target price on Dynatrace from $50.00 to $40.00 and set a “neutral” rating for the company in a research report on Tuesday, February 10th. Barclays reduced their price objective on Dynatrace from $57.00 to $47.00 and set an “overweight” rating for the company in a research note on Tuesday, February 10th. KeyCorp upped their target price on Dynatrace from $50.00 to $52.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. BTIG Research reiterated a “buy” rating and issued a $53.00 target price on shares of Dynatrace in a report on Thursday, February 19th. Finally, TD Cowen decreased their price target on shares of Dynatrace from $65.00 to $55.00 and set a “buy” rating for the company in a research note on Wednesday, January 21st. Nineteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $52.52.

View Our Latest Stock Report on Dynatrace

Dynatrace Trading Down 0.6%

Shares of Dynatrace stock opened at $37.53 on Thursday. The company has a market capitalization of $11.19 billion, a P/E ratio of 61.52, a price-to-earnings-growth ratio of 3.01 and a beta of 0.82. The stock has a fifty day simple moving average of $38.41 and a 200 day simple moving average of $44.19. Dynatrace, Inc. has a 12-month low of $32.83 and a 12-month high of $57.55.

Dynatrace (NYSE:DTGet Free Report) last posted its quarterly earnings data on Monday, February 9th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. The firm had revenue of $515.47 million for the quarter, compared to the consensus estimate of $506.31 million. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. The business’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.37 EPS. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. On average, analysts predict that Dynatrace, Inc. will post 0.68 EPS for the current year.

Dynatrace announced that its board has initiated a share buyback program 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 programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In related news, EVP Stephen A. Mcmahon purchased 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were bought at an average cost of $35.75 per share, with a total value of $107,250.00. Following the acquisition, the executive vice president owned 3,454 shares of the company’s stock, valued at $123,480.50. This represents a 660.79% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.57% of the stock is currently owned by corporate insiders.

Dynatrace Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Dynatrace (NYSE:DT)

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