William Blair Investment Management LLC Sells 765,523 Shares of Dynatrace, Inc. $DT

William Blair Investment Management LLC cut its position in shares of Dynatrace, Inc. (NYSE:DT) by 18.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 3,397,838 shares of the company’s stock after selling 765,523 shares during the period. William Blair Investment Management LLC’s holdings in Dynatrace were worth $164,625,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of DT. BNP Paribas boosted its stake in Dynatrace by 0.6% in the second quarter. BNP Paribas now owns 36,563 shares of the company’s stock worth $2,019,000 after buying an additional 218 shares in the last quarter. SBI Securities Co. Ltd. lifted its holdings in shares of Dynatrace by 15.4% in the 2nd quarter. SBI Securities Co. Ltd. now owns 1,869 shares of the company’s stock worth $103,000 after acquiring an additional 249 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Dynatrace by 3.2% in the 3rd quarter. Blue Trust Inc. now owns 8,334 shares of the company’s stock valued at $404,000 after purchasing an additional 257 shares in the last quarter. Northwestern Mutual Investment Management Company LLC grew its holdings in shares of Dynatrace by 0.4% during the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 67,205 shares of the company’s stock valued at $3,256,000 after purchasing an additional 264 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in Dynatrace by 21.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock worth $85,000 after purchasing an additional 272 shares during the period. 94.28% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Dynatrace news, EVP Dan Zugelder sold 7,505 shares of Dynatrace stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $45.27, for a total value of $339,751.35. Following the completion of the sale, the executive vice president owned 8,925 shares of the company’s stock, valued at approximately $404,034.75. This trade represents a 45.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last ninety days, insiders have sold 7,843 shares of company stock valued at $354,744. 0.57% of the stock is owned by insiders.

Dynatrace Stock Performance

Shares of NYSE:DT opened at $35.88 on Friday. The firm has a market capitalization of $10.70 billion, a P/E ratio of 58.81, a P/E/G ratio of 2.86 and a beta of 0.84. The stock has a 50 day moving average price of $39.37 and a 200-day moving average price of $44.78. Dynatrace, Inc. has a 52-week low of $32.83 and a 52-week high of $57.72.

Dynatrace (NYSE:DT) last posted its quarterly earnings data on Monday, February 9th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.41 by $0.03. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. The business had revenue of $515.47 million for the quarter, compared to analyst estimates of $506.31 million. During the same quarter in the previous year, the firm posted $0.37 earnings per share. Dynatrace’s quarterly revenue was up 18.2% on a year-over-year basis. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. On average, equities analysts forecast that Dynatrace, Inc. will post 0.68 EPS for the current fiscal year.

Dynatrace announced that its board has approved a stock repurchase program on Monday, February 9th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to purchase up to 9.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

DT has been the subject of several recent research reports. Scotiabank lowered their price target on shares of Dynatrace from $60.00 to $47.00 and set a “sector outperform” rating for the company in a research note on Tuesday, February 10th. Royal Bank Of Canada reissued an “outperform” rating on shares of Dynatrace in a research note on Monday, February 9th. BMO Capital Markets dropped their target price on Dynatrace from $56.00 to $45.00 and set an “outperform” rating for the company in a report on Monday, February 9th. Morgan Stanley reduced their price target on Dynatrace from $57.00 to $43.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 10th. Finally, KeyCorp boosted their price objective on Dynatrace from $50.00 to $52.00 and gave the company an “overweight” rating in a research report on Tuesday, February 10th. Nineteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $52.52.

Dynatrace 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.