Readystate Asset Management LP Takes $1.05 Million Position in Dynatrace, Inc. $DT

Readystate Asset Management LP purchased a new stake in Dynatrace, Inc. (NYSE:DT) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 21,636 shares of the company’s stock, valued at approximately $1,048,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Rothschild Investment LLC boosted its holdings in shares of Dynatrace by 21,745.5% in the third quarter. Rothschild Investment LLC now owns 2,403 shares of the company’s stock worth $116,000 after buying an additional 2,392 shares during the period. Vanguard Group Inc. lifted its position in shares of Dynatrace by 2.4% in the 3rd quarter. Vanguard Group Inc. now owns 32,142,909 shares of the company’s stock valued at $1,557,324,000 after acquiring an additional 739,895 shares in the last quarter. Northwestern Mutual Investment Management Company LLC lifted its position in shares of Dynatrace by 0.4% in the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 67,205 shares of the company’s stock valued at $3,256,000 after acquiring an additional 264 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its stake in Dynatrace by 7.6% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 103,808 shares of the company’s stock worth $5,029,000 after purchasing an additional 7,292 shares during the period. Finally, PNC Financial Services Group Inc. grew its position in Dynatrace by 3.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 35,858 shares of the company’s stock worth $1,737,000 after purchasing an additional 1,146 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Stock Performance

Shares of NYSE DT opened at $36.47 on Thursday. The business has a 50 day simple moving average of $40.67 and a 200 day simple moving average of $45.42. Dynatrace, Inc. has a 52 week low of $32.83 and a 52 week high of $62.66. The stock has a market cap of $10.88 billion, a price-to-earnings ratio of 59.78, a PEG ratio of 2.92 and a beta of 0.84.

Dynatrace (NYSE:DT) last posted its 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. The firm had revenue of $515.47 million during the quarter, compared to analysts’ expectations of $506.31 million. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. The company’s revenue was up 18.2% compared to the same quarter last year. During the same period in the previous year, the company 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. On average, analysts predict that Dynatrace, Inc. will post 0.68 EPS for the current year.

Dynatrace declared that its board has authorized a share buyback program on Monday, February 9th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the company to buy up to 9.8% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Insider Transactions at Dynatrace

In other Dynatrace news, EVP Dan Zugelder sold 7,505 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $45.27, for a total transaction of $339,751.35. Following the transaction, the executive vice president directly owned 8,925 shares in the company, valued at $404,034.75. This trade represents a 45.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 7,843 shares of company stock valued at $354,744 in the last three months. Corporate insiders own 0.57% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on DT shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Dynatrace in a research report on Monday, February 9th. Barclays decreased their price objective on Dynatrace from $57.00 to $47.00 and set an “overweight” rating for the company in a research report on Tuesday, February 10th. Canaccord Genuity Group set a $50.00 target price on Dynatrace in a research note on Tuesday, February 10th. Wells Fargo & Company reduced their price target on shares of Dynatrace from $65.00 to $50.00 and set an “overweight” rating for the company in a research report on Tuesday, February 10th. Finally, Guggenheim reaffirmed a “buy” rating and set a $68.00 price objective on shares of Dynatrace in a research report on Tuesday, February 10th. Nineteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $52.52.

Dynatrace 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.