William Blair Investment Management LLC Sells 765,523 Shares of Dynatrace, Inc. $DT

William Blair Investment Management LLC reduced its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 18.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,397,838 shares of the company’s stock after selling 765,523 shares during the quarter. William Blair Investment Management LLC owned approximately 1.13% of Dynatrace worth $164,625,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. APG Asset Management N.V. increased its position in shares of Dynatrace by 1.0% during the 3rd quarter. APG Asset Management N.V. now owns 203,240 shares of the company’s stock valued at $9,847,000 after purchasing an additional 2,100 shares during the last quarter. American Century Companies Inc. grew its position in Dynatrace by 0.9% during the third quarter. American Century Companies Inc. now owns 7,919,446 shares of the company’s stock valued at $383,697,000 after buying an additional 73,827 shares during the period. Erste Asset Management GmbH increased its holdings in Dynatrace by 1,000.7% during the third quarter. Erste Asset Management GmbH now owns 55,000 shares of the company’s stock worth $2,713,000 after buying an additional 50,003 shares during the last quarter. Andra AP fonden bought a new stake in Dynatrace in the third quarter worth about $18,653,000. Finally, R Squared Ltd bought a new stake in Dynatrace in the third quarter worth about $354,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insider Transactions at Dynatrace

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

Dynatrace Stock Performance

NYSE:DT opened at $35.88 on Friday. Dynatrace, Inc. has a 52-week low of $32.83 and a 52-week high of $57.72. The stock has a fifty day moving average of $39.37 and a 200 day moving average of $44.78. The firm has a market capitalization of $10.70 billion, a price-to-earnings ratio of 58.81, a P/E/G ratio of 2.86 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 for the quarter, beating the consensus estimate of $0.41 by $0.03. The firm had revenue of $515.47 million for the quarter, compared to analysts’ expectations 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 quarter last year, the firm 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. Equities analysts forecast that Dynatrace, Inc. will post 0.68 earnings per share for the current fiscal year.

Dynatrace declared that its board has approved a share buyback plan on Monday, February 9th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the company to reacquire up to 9.8% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. Guggenheim reissued a “buy” rating and set a $68.00 target price on shares of Dynatrace in a research report on Tuesday, February 10th. Barclays dropped their price objective on Dynatrace from $57.00 to $47.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 10th. KeyCorp raised their target price on Dynatrace from $50.00 to $52.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 10th. Stifel Nicolaus set a $51.00 target price on Dynatrace in a research note on Monday, February 9th. Finally, Cantor Fitzgerald cut their price target on Dynatrace from $51.00 to $37.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. Nineteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Dynatrace presently has an average rating of “Moderate Buy” and a consensus target price of $52.52.

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.