Dynatrace, Inc. (NYSE:DT) Short Interest Update

Dynatrace, Inc. (NYSE:DT) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 9,859,626 shares, a growth of 14.7% from the March 31st total of 8,595,415 shares. Based on an average daily volume of 5,739,255 shares, the short-interest ratio is presently 1.7 days. Approximately 3.3% of the shares of the company are short sold.

Insider Buying and Selling at Dynatrace

In other Dynatrace news, EVP Stephen A. Mcmahon acquired 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was acquired at an average price of $35.75 per share, with a total value of $107,250.00. Following the transaction, the executive vice president owned 3,454 shares of the company’s stock, valued at approximately $123,480.50. This trade represents a 660.79% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Dynatrace

A number of large investors have recently bought and sold shares of DT. Penserra Capital Management LLC boosted its position in Dynatrace by 22.0% in the 3rd quarter. Penserra Capital Management LLC now owns 222,505 shares of the company’s stock valued at $10,780,000 after buying an additional 40,136 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in Dynatrace by 5.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,077,181 shares of the company’s stock valued at $52,039,000 after buying an additional 55,040 shares during the last quarter. Stephens Investment Management Group LLC boosted its position in Dynatrace by 63.1% in the 3rd quarter. Stephens Investment Management Group LLC now owns 1,040,475 shares of the company’s stock valued at $50,411,000 after buying an additional 402,585 shares during the last quarter. Rakuten Investment Management Inc. bought a new position in Dynatrace in the 3rd quarter valued at $1,584,000. Finally, BI Asset Management Fondsmaeglerselskab A S boosted its position in Dynatrace by 149.1% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 51,326 shares of the company’s stock valued at $2,487,000 after buying an additional 30,718 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors.

Dynatrace Trading Down 0.5%

DT stock opened at $36.21 on Friday. Dynatrace has a 1-year low of $31.64 and a 1-year high of $57.55. The firm has a market cap of $10.80 billion, a P/E ratio of 59.35, a P/E/G ratio of 2.22 and a beta of 0.79. The business’s 50 day moving average is $36.61 and its 200-day moving average is $41.09.

Dynatrace (NYSE:DT) last released its quarterly earnings data on Monday, February 9th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. The company had revenue of $515.47 million for the quarter, compared to analyst estimates of $506.31 million. Dynatrace had a return on equity of 9.75% and a net margin of 9.55%.The company’s revenue was up 18.2% compared to the same quarter last year. During the same period in the prior year, the company posted $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. Sell-side analysts forecast that Dynatrace will post 0.87 EPS for the current year.

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

Analysts Set New Price Targets

Several research firms have commented on DT. Jefferies Financial Group cut their price target on Dynatrace from $65.00 to $55.00 and set a “buy” rating for the company in a report on Monday, January 5th. Weiss Ratings cut Dynatrace from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, April 14th. Wedbush cut their price target on Dynatrace from $67.00 to $55.00 and set an “outperform” rating for the company in a report on Wednesday, February 11th. BTIG Research reaffirmed a “buy” rating and issued a $53.00 price target on shares of Dynatrace in a report on Thursday, February 19th. Finally, Morgan Stanley cut their price target on Dynatrace from $57.00 to $43.00 and set an “equal weight” rating for the company in a report on Tuesday, February 10th. Nineteen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Dynatrace currently has a consensus rating of “Moderate Buy” and an average price target of $51.64.

Dynatrace Company Profile

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.