Stephen Mcmahon Purchases 3,000 Shares of Dynatrace (NYSE:DT) Stock

Dynatrace, Inc. (NYSE:DT) EVP Stephen Mcmahon bought 3,000 shares of Dynatrace stock in a transaction on Tuesday, March 3rd. The shares were bought at an average cost of $35.75 per share, with a total value of $107,250.00. Following the acquisition, 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 ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Dynatrace Trading Up 5.4%

DT stock opened at $39.28 on Friday. The firm has a 50 day moving average of $38.86 and a 200-day moving average of $44.52. The firm has a market capitalization of $11.72 billion, a P/E ratio of 64.39, a price-to-earnings-growth ratio of 2.97 and a beta of 0.82. Dynatrace, Inc. has a 12 month low of $32.83 and a 12 month high of $57.55.

Dynatrace (NYSE:DT) last posted its earnings results on Monday, February 9th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.03. The business 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 business’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same period in the prior year, the company 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. Sell-side analysts predict that Dynatrace, Inc. will post 0.68 EPS for the current year.

Dynatrace announced that its Board of Directors has initiated a share buyback program on Monday, February 9th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to buy up to 9.8% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

DT has been the topic of a number of research analyst reports. Raymond James Financial restated a “market perform” rating on shares of Dynatrace in a research note on Monday, February 9th. Citigroup cut their price objective on Dynatrace from $64.00 to $60.00 and set a “buy” rating for the company in a report on Friday, January 16th. UBS Group decreased their price objective on shares of Dynatrace from $50.00 to $40.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 10th. Jefferies Financial Group dropped their target price on shares of Dynatrace from $65.00 to $55.00 and set a “buy” rating for the company in a research report on Monday, January 5th. Finally, Keefe, Bruyette & Woods raised shares of Dynatrace to a “buy” rating in a report on Monday, February 9th. Nineteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $52.52.

Institutional Trading of Dynatrace

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in shares of Dynatrace by 2.4% in the third quarter. Vanguard Group Inc. now owns 32,142,909 shares of the company’s stock worth $1,557,324,000 after buying an additional 739,895 shares during the period. Pictet Asset Management Holding SA boosted its holdings in Dynatrace by 16.5% during the 4th quarter. Pictet Asset Management Holding SA now owns 14,648,533 shares of the company’s stock valued at $634,985,000 after acquiring an additional 2,076,990 shares during the period. State Street Corp grew its position in Dynatrace by 1.0% during the 4th quarter. State Street Corp now owns 10,664,357 shares of the company’s stock worth $462,193,000 after acquiring an additional 101,994 shares during the last quarter. Wellington Management Group LLP increased its stake in Dynatrace by 9.0% in the 4th quarter. Wellington Management Group LLP now owns 7,999,919 shares of the company’s stock worth $346,716,000 after purchasing an additional 659,792 shares during the period. Finally, American Century Companies Inc. lifted its position in Dynatrace by 0.9% in the third quarter. American Century Companies Inc. now owns 7,919,446 shares of the company’s stock valued at $383,697,000 after purchasing an additional 73,827 shares during the last quarter. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Dynatrace Company 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.