Candriam S.C.A. acquired a new position in shares of Dynatrace, Inc. (NYSE:DT – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 88,871 shares of the company’s stock, valued at approximately $4,907,000.
A number of other hedge funds have also recently added to or reduced their stakes in DT. Eastern Bank acquired a new stake in shares of Dynatrace during the second quarter worth $35,000. Brooklyn Investment Group boosted its holdings in shares of Dynatrace by 761.9% in the 1st quarter. Brooklyn Investment Group now owns 905 shares of the company’s stock valued at $43,000 after buying an additional 800 shares during the period. CX Institutional grew its position in shares of Dynatrace by 42.6% during the 2nd quarter. CX Institutional now owns 1,221 shares of the company’s stock valued at $67,000 after buying an additional 365 shares during the last quarter. SBI Securities Co. Ltd. raised its stake in Dynatrace by 131.8% during the first quarter. SBI Securities Co. Ltd. now owns 1,620 shares of the company’s stock worth $76,000 after acquiring an additional 921 shares during the period. Finally, Huntington National Bank lifted its holdings in Dynatrace by 259.8% in the second quarter. Huntington National Bank now owns 1,486 shares of the company’s stock worth $82,000 after acquiring an additional 1,073 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on DT. Weiss Ratings restated a “hold (c+)” rating on shares of Dynatrace in a research note on Wednesday, October 8th. Cantor Fitzgerald cut their price target on Dynatrace from $57.00 to $51.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. BMO Capital Markets lowered their price objective on Dynatrace from $63.00 to $62.00 and set an “outperform” rating for the company in a research note on Thursday, August 7th. Guggenheim increased their target price on Dynatrace from $66.00 to $68.00 and gave the stock a “buy” rating in a research report on Thursday, August 7th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $67.00 target price on shares of Dynatrace in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $62.27.
Dynatrace Price Performance
DT opened at $46.78 on Friday. The stock’s 50 day moving average price is $48.63 and its 200 day moving average price is $50.89. The stock has a market cap of $14.10 billion, a P/E ratio of 28.01, a P/E/G ratio of 3.72 and a beta of 0.85. Dynatrace, Inc. has a 12 month low of $39.30 and a 12 month high of $63.00.
Dynatrace (NYSE:DT – Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. The company had revenue of $493.85 million during the quarter, compared to analyst estimates of $487.33 million. Dynatrace had a return on equity of 9.24% and a net margin of 27.33%.The firm’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.37 EPS. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS. FY 2026 guidance at 1.620-1.640 EPS. Equities analysts anticipate that Dynatrace, Inc. will post 0.68 EPS for the current year.
Insider Activity at Dynatrace
In other news, EVP Dan Zugelder sold 7,503 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $50.00, for a total value of $375,150.00. Following the completion of the sale, the executive vice president directly owned 1,420 shares of the company’s stock, valued at approximately $71,000. This represents a 84.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Daniel S. Yates sold 2,000 shares of the stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $49.89, for a total transaction of $99,780.00. Following the completion of the transaction, the chief accounting officer owned 22,555 shares of the company’s stock, valued at $1,125,268.95. This trade represents a 8.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 40,602 shares of company stock worth $1,927,879. 0.57% of the stock is currently owned by corporate insiders.
Dynatrace Profile
Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.
Recommended Stories
- Five stocks we like better than Dynatrace
- How to Capture the Benefits of Dividend Increases
- Meta’s Pain May Be Your Gain: Is This a Rare Buying Window?
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- 3 Under-the-Radar AI Stocks to Buy on the Dip
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- Your Thanksgiving Playbook: 3 Stocks Set to Benefit From Football Fever
Receive News & Ratings for Dynatrace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynatrace and related companies with MarketBeat.com's FREE daily email newsletter.
