Handelsbanken Fonder AB Trims Holdings in Dynatrace, Inc. $DT

Handelsbanken Fonder AB trimmed its holdings in Dynatrace, Inc. (NYSE:DT) by 9.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,257,400 shares of the company’s stock after selling 233,700 shares during the quarter. Handelsbanken Fonder AB owned about 0.75% of Dynatrace worth $109,371,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of DT. Vanguard Group Inc. raised its stake in Dynatrace by 2.4% during the third quarter. Vanguard Group Inc. now owns 32,142,909 shares of the company’s stock valued at $1,557,324,000 after buying an additional 739,895 shares during the last quarter. American Century Companies Inc. grew its stake in shares of Dynatrace by 0.6% in the second quarter. American Century Companies Inc. now owns 7,845,619 shares of the company’s stock worth $433,157,000 after acquiring an additional 44,288 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Dynatrace by 2.4% during the second quarter. Geode Capital Management LLC now owns 5,757,417 shares of the company’s stock valued at $316,948,000 after acquiring an additional 134,478 shares in the last quarter. Westfield Capital Management Co. LP raised its position in shares of Dynatrace by 13.3% in the 3rd quarter. Westfield Capital Management Co. LP now owns 3,345,780 shares of the company’s stock worth $162,103,000 after purchasing an additional 394,054 shares during the last quarter. Finally, Congress Asset Management Co. boosted its stake in Dynatrace by 6.8% in the 3rd quarter. Congress Asset Management Co. now owns 3,331,422 shares of the company’s stock worth $161,407,000 after purchasing an additional 212,607 shares in the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Dynatrace news, EVP Dan Zugelder sold 7,505 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $45.27, for a total transaction of $339,751.35. Following the sale, the executive vice president directly owned 8,925 shares of the company’s stock, valued at $404,034.75. The trade was a 45.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders sold a total of 7,843 shares of company stock valued at $354,744 in the last ninety days. Company insiders own 0.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DT. Guggenheim reiterated a “buy” rating and set a $68.00 price target on shares of Dynatrace in a report on Tuesday, February 10th. DA Davidson cut their target price on shares of Dynatrace from $65.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, February 10th. Canaccord Genuity Group set a $50.00 price target on Dynatrace in a report on Tuesday, February 10th. Wedbush reduced their price objective on shares of Dynatrace from $67.00 to $55.00 and set an “outperform” rating for the company in a research note on Wednesday, February 11th. Finally, Citigroup cut their target price on Dynatrace from $64.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, January 16th. Nineteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $52.52.

Dynatrace Stock Performance

DT stock opened at $36.36 on Friday. The firm has a fifty day moving average price of $39.53 and a 200 day moving average price of $44.87. Dynatrace, Inc. has a fifty-two week low of $32.83 and a fifty-two week high of $59.92. The firm has a market cap of $10.84 billion, a PE ratio of 59.61, a price-to-earnings-growth ratio of 2.80 and a beta of 0.84.

Dynatrace (NYSE:DT) last released its quarterly earnings results on Monday, February 9th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. The company had revenue of $515.47 million for the quarter, compared to the consensus estimate of $506.31 million. During the same quarter in the prior year, the firm earned $0.37 earnings per share. Dynatrace’s revenue was up 18.2% on a year-over-year basis. 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, equities analysts predict that Dynatrace, Inc. will post 0.68 EPS for the current year.

Dynatrace announced that its board has authorized a stock buyback plan on Monday, February 9th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 9.8% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

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.