Fox Run Management L.L.C. Sells 32,344 Shares of Dynatrace, Inc. $DT

Fox Run Management L.L.C. lowered its position in shares of Dynatrace, Inc. (NYSE:DT) by 54.6% in the third quarter, HoldingsChannel reports. The firm owned 26,928 shares of the company’s stock after selling 32,344 shares during the period. Fox Run Management L.L.C.’s holdings in Dynatrace were worth $1,305,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DT. Vanguard Group Inc. grew its stake in Dynatrace by 2.4% during 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. American Century Companies Inc. raised its stake in shares of Dynatrace by 0.6% in the second quarter. American Century Companies Inc. now owns 7,845,619 shares of the company’s stock valued at $433,157,000 after acquiring an additional 44,288 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Dynatrace by 2.4% in the 2nd quarter. Geode Capital Management LLC now owns 5,757,417 shares of the company’s stock worth $316,948,000 after acquiring an additional 134,478 shares in the last quarter. Congress Asset Management Co. grew its position in Dynatrace by 6.8% during the 3rd quarter. Congress Asset Management Co. now owns 3,331,422 shares of the company’s stock worth $161,407,000 after acquiring an additional 212,607 shares during the last quarter. Finally, Westfield Capital Management Co. LP increased its holdings in Dynatrace by 1.4% during the 2nd quarter. Westfield Capital Management Co. LP now owns 2,951,726 shares of the company’s stock valued at $162,965,000 after purchasing an additional 41,173 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Dynatrace Stock Up 2.6%

Shares of DT stock opened at $35.15 on Thursday. The firm has a market cap of $10.48 billion, a price-to-earnings ratio of 57.63, a PEG ratio of 2.73 and a beta of 0.84. Dynatrace, Inc. has a 12 month low of $32.83 and a 12 month high of $59.92. The stock has a 50-day moving average price of $39.69 and a 200 day moving average price of $44.93.

Dynatrace (NYSE:DT) last released its earnings results on Monday, February 9th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The company had revenue of $515.47 million for the quarter, compared to the consensus estimate of $506.31 million. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. During the same period in the prior year, the company posted $0.37 EPS. The company’s revenue was up 18.2% compared to the same quarter last year. 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 earnings per share for the current fiscal year.

Dynatrace declared that its board has initiated a stock buyback program on Monday, February 9th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 9.8% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Insider Transactions at Dynatrace

In other Dynatrace news, EVP Dan Zugelder sold 7,505 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $45.27, for a total value of $339,751.35. Following the transaction, the executive vice president directly owned 8,925 shares of the company’s stock, valued at approximately $404,034.75. This trade represents a 45.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 7,843 shares of company stock valued at $354,744 over the last quarter. 0.57% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

DT has been the subject of several research analyst reports. Scotiabank cut their price objective on Dynatrace from $60.00 to $47.00 and set a “sector outperform” rating for the company in a research report on Tuesday, February 10th. Wedbush cut their price target on Dynatrace from $67.00 to $55.00 and set an “outperform” rating for the company in a report on Wednesday, February 11th. Morgan Stanley reduced their price target on shares of Dynatrace from $57.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 10th. Royal Bank Of Canada restated an “outperform” rating on shares of Dynatrace in a research report on Monday, February 9th. Finally, Stifel Nicolaus set a $51.00 target price on shares of Dynatrace in a research report on Monday, February 9th. Nineteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Dynatrace has an average rating of “Moderate Buy” and an average price target of $52.52.

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.