Bernd Greifeneder Sells 247 Shares of Dynatrace (NYSE:DT) Stock

Dynatrace, Inc. (NYSE:DT) EVP Bernd Greifeneder sold 247 shares of the stock in a transaction on Friday, June 5th. The shares were sold at an average price of $42.19, for a total transaction of $10,420.93. Following the sale, the executive vice president directly owned 1,747 shares of the company’s stock, valued at $73,705.93. The trade was a 12.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Dynatrace Price Performance

DT traded down $1.18 during trading on Tuesday, hitting $40.75. 5,834,183 shares of the stock traded hands, compared to its average volume of 6,524,881. The firm has a market capitalization of $11.88 billion, a P/E ratio of 75.46, a price-to-earnings-growth ratio of 2.72 and a beta of 0.75. The firm has a 50-day moving average of $38.22 and a 200 day moving average of $39.58. Dynatrace, Inc. has a 12-month low of $31.64 and a 12-month high of $57.55.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. The business had revenue of $531.72 million during the quarter, compared to analysts’ expectations of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The firm’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.33 EPS. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. As a group, equities analysts predict that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.

Dynatrace announced that its Board of Directors has authorized a share 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 reacquire up to 9.8% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

DT has been the topic of a number of research reports. UBS Group cut their target price on shares of Dynatrace from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Truist Financial set a $45.00 price target on shares of Dynatrace in a research report on Wednesday, April 15th. BTIG Research lowered their price target on shares of Dynatrace from $53.00 to $47.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Rothschild & Co Redburn began coverage on shares of Dynatrace in a research report on Thursday, April 23rd. They set a “neutral” rating and a $40.00 price target for the company. Finally, William Blair began coverage on shares of Dynatrace in a research report on Thursday, May 21st. They set an “outperform” rating for the company. Twenty-one analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $46.50.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in 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 last quarter. Pictet Asset Management Holding SA raised its holdings in Dynatrace by 7.9% in the first quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company’s stock worth $584,649,000 after buying an additional 1,160,690 shares during the last quarter. State Street Corp raised its holdings in Dynatrace by 1.0% in the fourth quarter. State Street Corp now owns 10,664,357 shares of the company’s stock worth $462,193,000 after buying an additional 101,994 shares during the last quarter. Bank of America Corp DE raised its holdings in Dynatrace by 304.7% in the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock worth $346,044,000 after buying an additional 7,045,591 shares during the last quarter. Finally, Wellington Management Group LLP raised its holdings in Dynatrace by 9.0% in the fourth quarter. Wellington Management Group LLP now owns 7,999,919 shares of the company’s stock worth $346,716,000 after buying an additional 659,792 shares during the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.

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.