Oppenheimer Asset Management Inc. Sells 19,745 Shares of Dynatrace, Inc. $DT

Oppenheimer Asset Management Inc. lessened its holdings in Dynatrace, Inc. (NYSE:DT) by 13.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 127,925 shares of the company’s stock after selling 19,745 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Dynatrace were worth $5,544,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new position in shares of Dynatrace in the 4th quarter worth approximately $26,000. Cornerstone Planning Group LLC lifted its stake in shares of Dynatrace by 561.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock worth $28,000 after purchasing an additional 494 shares during the period. Hazlett Burt & Watson Inc. bought a new position in shares of Dynatrace in the 3rd quarter worth approximately $37,000. First Horizon Corp bought a new position in shares of Dynatrace in the 3rd quarter worth approximately $39,000. Finally, True Wealth Design LLC lifted its stake in shares of Dynatrace by 99.6% in the 4th quarter. True Wealth Design LLC now owns 896 shares of the company’s stock worth $39,000 after purchasing an additional 447 shares during the period. Institutional investors own 94.28% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Truist Financial set a $45.00 target price on shares of Dynatrace in a research note on Wednesday, April 15th. Wells Fargo & Company decreased their target price on shares of Dynatrace from $65.00 to $50.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 10th. Guggenheim decreased their target price on shares of Dynatrace from $68.00 to $60.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Citigroup decreased their target price on shares of Dynatrace from $64.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, January 16th. Finally, Wedbush decreased their target price on shares of Dynatrace from $67.00 to $55.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Dynatrace presently has a consensus rating of “Moderate Buy” and a consensus price target of $51.32.

Dynatrace Trading Up 4.0%

NYSE DT opened at $37.64 on Friday. Dynatrace, Inc. has a 12 month low of $31.64 and a 12 month high of $57.55. The stock has a market cap of $11.23 billion, a price-to-earnings ratio of 61.71, a PEG ratio of 2.30 and a beta of 0.71. The company’s 50 day moving average is $36.61 and its two-hundred day moving average is $41.04.

Dynatrace (NYSE:DT) last released its quarterly earnings data on Monday, February 9th. The company reported $0.44 earnings per share (EPS) 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 net margin of 9.55% and a return on equity of 9.75%. The company’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same quarter last year, the business posted $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. Sell-side analysts forecast that Dynatrace, Inc. will post 0.88 EPS for the current year.

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

Insider Activity

In related news, EVP Stephen A. Mcmahon acquired 3,000 shares of Dynatrace stock in a transaction dated Tuesday, March 3rd. The shares were purchased at an average price of $35.75 per share, for a total transaction of $107,250.00. Following the completion of the transaction, the executive vice president directly owned 3,454 shares in the company, valued at approximately $123,480.50. This represents a 660.79% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.57% of the stock is currently owned by insiders.

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.