Bank Julius Baer & Co. Ltd Zurich Sells 29,691 Shares of Dynatrace, Inc. $DT

Bank Julius Baer & Co. Ltd Zurich lessened its stake in Dynatrace, Inc. (NYSE:DTFree Report) by 10.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 258,864 shares of the company’s stock after selling 29,691 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in Dynatrace were worth $11,347,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Cornerstone Planning Group LLC increased its stake in Dynatrace by 561.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock valued at $28,000 after purchasing an additional 494 shares in the last quarter. V Square Quantitative Management LLC bought a new position in shares of Dynatrace in the fourth quarter worth approximately $26,000. Hazlett Burt & Watson Inc. purchased a new stake in shares of Dynatrace during the third quarter valued at approximately $37,000. First Horizon Corp purchased a new stake in shares of Dynatrace during the third quarter valued at approximately $39,000. Finally, True Wealth Design LLC increased its position in shares of Dynatrace by 99.6% during the fourth quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after acquiring an additional 447 shares in the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DT has been the topic of several analyst reports. Rosenblatt Securities lowered their price objective on Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. JPMorgan Chase & Co. reduced their target price on Dynatrace from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Thursday. BMO Capital Markets lowered their price target on Dynatrace from $45.00 to $43.00 and set an “outperform” rating on the stock in a report on Thursday. Keefe, Bruyette & Woods raised Dynatrace to a “buy” rating in a research report on Monday, February 9th. Finally, Truist Financial set a $45.00 price objective on Dynatrace in a report on Wednesday, April 15th. Twenty investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Dynatrace has a consensus rating of “Moderate Buy” and an average price target of $46.77.

View Our Latest Stock Analysis on DT

Insider Buying and Selling at Dynatrace

In related 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 bought at an average cost of $35.75 per share, for a total transaction of $107,250.00. Following the purchase, the executive vice president owned 3,454 shares in the company, valued at $123,480.50. The trade was a 660.79% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.57% of the stock is currently owned by insiders.

Key Stories Impacting Dynatrace

Here are the key news stories impacting Dynatrace this week:

Dynatrace Price Performance

Shares of DT stock opened at $37.18 on Friday. The company has a market cap of $11.09 billion, a price-to-earnings ratio of 68.84, a PEG ratio of 2.12 and a beta of 0.70. Dynatrace, Inc. has a 1 year low of $31.64 and a 1 year high of $57.55. The firm has a fifty day moving average price of $37.10 and a 200-day moving average price of $40.39.

Dynatrace (NYSE:DTGet Free Report) last announced its earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The company had revenue of $531.72 million for the quarter, compared to analysts’ expectations of $521.01 million. During the same period last year, the firm earned $0.33 EPS. Dynatrace’s revenue for the quarter was up 19.4% compared to the same quarter last year. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Equities research analysts expect that Dynatrace, Inc. will post 1.07 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 repurchase $1.00 billion in shares. This repurchase authorization permits the company to repurchase up to 9.8% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Dynatrace Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Dynatrace (NYSE:DT)

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