Oppenheimer Asset Management Inc. Sells 19,745 Shares of Dynatrace, Inc. $DT

Oppenheimer Asset Management Inc. lowered its stake in shares of Dynatrace, Inc. (NYSE:DT) by 13.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 127,925 shares of the company’s stock after selling 19,745 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Dynatrace were worth $5,544,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of DT. V Square Quantitative Management LLC bought a new stake in shares of Dynatrace during the fourth quarter valued at approximately $26,000. Cornerstone Planning Group LLC grew its holdings 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 in the last quarter. Hazlett Burt & Watson Inc. purchased a new position in shares of Dynatrace in the third quarter valued at $37,000. First Horizon Corp purchased a new position in shares of Dynatrace in the third quarter valued at $39,000. Finally, True Wealth Design LLC grew its holdings in shares of Dynatrace by 99.6% in the fourth quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after purchasing an additional 447 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

Dynatrace Stock Up 4.0%

NYSE DT opened at $37.64 on Friday. The company has a fifty day moving average of $36.61 and a two-hundred day moving average of $41.04. The firm has a market capitalization of $11.23 billion, a price-to-earnings ratio of 61.71, a PEG ratio of 2.30 and a beta of 0.71. Dynatrace, Inc. has a 52 week low of $31.64 and a 52 week high of $57.55.

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

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

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on DT shares. Robert W. Baird set a $47.00 target price on shares of Dynatrace in a report on Tuesday, February 10th. Guggenheim cut their target price on shares of Dynatrace from $68.00 to $60.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Truist Financial set a $45.00 target price on shares of Dynatrace in a report on Wednesday, April 15th. Keefe, Bruyette & Woods raised shares of Dynatrace to a “buy” rating in a report on Monday, February 9th. Finally, Rosenblatt Securities cut their target price on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating for the company in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $51.32.

Insider Buying and Selling

In other news, EVP Stephen A. Mcmahon acquired 3,000 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was bought at an average cost of $35.75 per share, with a total value of $107,250.00. Following the completion of the purchase, the executive vice president directly 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.57% of the stock is owned by insiders.

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.