Dynatrace, Inc. $DT Shares Bought by WoodTrust Financial Corp

WoodTrust Financial Corp raised its position in Dynatrace, Inc. (NYSE:DT) by 21.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,750 shares of the company’s stock after acquiring an additional 1,000 shares during the quarter. WoodTrust Financial Corp’s holdings in Dynatrace were worth $317,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of DT. Vanguard Group Inc. grew its position in shares of Dynatrace by 0.5% during the first quarter. Vanguard Group Inc. now owns 30,318,707 shares of the company’s stock worth $1,429,527,000 after buying an additional 157,523 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Dynatrace by 14.7% during the first quarter. Goldman Sachs Group Inc. now owns 8,768,711 shares of the company’s stock worth $413,445,000 after buying an additional 1,124,207 shares in the last quarter. American Century Companies Inc. grew its position in shares of Dynatrace by 3.1% during the first quarter. American Century Companies Inc. now owns 7,801,331 shares of the company’s stock worth $367,833,000 after buying an additional 230,967 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Dynatrace by 79.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,987,838 shares of the company’s stock worth $329,477,000 after buying an additional 3,092,576 shares in the last quarter. Finally, Eminence Capital LP grew its position in shares of Dynatrace by 25.6% during the first quarter. Eminence Capital LP now owns 3,351,603 shares of the company’s stock worth $158,028,000 after buying an additional 683,443 shares in the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Dynatrace

In related news, EVP Dan Zugelder sold 7,503 shares of the stock in a transaction on Monday, October 6th. The stock was sold at an average price of $50.00, for a total transaction of $375,150.00. Following the sale, the executive vice president owned 1,420 shares of the company’s stock, valued at $71,000. This trade represents a 84.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lisa M. Campbell sold 1,013 shares of the stock in a transaction on Friday, September 5th. The shares were sold at an average price of $49.77, for a total value of $50,417.01. Following the sale, the director directly owned 1,012 shares in the company, valued at approximately $50,367.24. The trade was a 50.02% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 10,602 shares of company stock valued at $529,579. Insiders own 0.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on DT shares. BMO Capital Markets lowered their price objective on Dynatrace from $63.00 to $62.00 and set an “outperform” rating for the company in a research report on Thursday, August 7th. Guggenheim boosted their price objective on Dynatrace from $66.00 to $68.00 and gave the stock a “buy” rating in a research report on Thursday, August 7th. Wells Fargo & Company started coverage on Dynatrace in a report on Tuesday, September 30th. They issued an “overweight” rating and a $65.00 price target for the company. Oppenheimer started coverage on Dynatrace in a report on Wednesday, August 27th. They issued an “outperform” rating and a $65.00 price target for the company. Finally, Citigroup lowered their price target on Dynatrace from $68.00 to $64.00 and set a “buy” rating for the company in a report on Monday, August 18th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $62.96.

Dynatrace Price Performance

Dynatrace stock opened at $48.11 on Wednesday. Dynatrace, Inc. has a 12 month low of $39.30 and a 12 month high of $63.00. The business has a 50 day simple moving average of $49.13 and a 200-day simple moving average of $50.22. The stock has a market capitalization of $14.51 billion, a PE ratio of 29.52, a price-to-earnings-growth ratio of 4.32 and a beta of 0.88.

Dynatrace (NYSE:DT) last announced its quarterly earnings data on Wednesday, August 6th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.04. Dynatrace had a return on equity of 9.15% and a net margin of 27.75%.The firm had revenue of $477.35 million for the quarter, compared to analyst estimates of $467.39 million. During the same quarter in the prior year, the company posted $0.33 earnings per share. Dynatrace’s quarterly revenue was up 19.5% on a year-over-year basis. As a group, equities research analysts anticipate that Dynatrace, Inc. will post 0.68 EPS for the current year.

About Dynatrace

Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.