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

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

Dynatrace Price Performance

Shares of DT opened at $40.62 on Thursday. The firm has a 50-day moving average of $38.29 and a 200-day moving average of $39.56. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $57.55. The company has a market cap of $11.84 billion, a PE ratio of 75.22, a price-to-earnings-growth ratio of 2.65 and a beta of 0.75.

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

Institutional Trading of Dynatrace

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Parallel Advisors LLC raised its stake in Dynatrace by 10.0% in the 1st quarter. Parallel Advisors LLC now owns 25,987 shares of the company’s stock worth $961,000 after purchasing an additional 2,373 shares in the last quarter. NewEdge Advisors LLC raised its stake in Dynatrace by 43.1% in the 1st quarter. NewEdge Advisors LLC now owns 14,381 shares of the company’s stock worth $532,000 after purchasing an additional 4,334 shares in the last quarter. GKV Capital Management Co. Inc. acquired a new stake in Dynatrace in the 1st quarter worth about $74,000. Bank of America Corp DE raised its stake in Dynatrace by 304.7% in the 1st quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock worth $346,044,000 after purchasing an additional 7,045,591 shares in the last quarter. Finally, Edgestream Partners L.P. acquired a new stake in Dynatrace in the 1st quarter worth about $1,848,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Analyst Ratings Changes

DT has been the subject of a number of research reports. TD Cowen cut their target price on shares of Dynatrace from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Wednesday, April 15th. UBS Group cut their target price on shares of Dynatrace from $40.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, May 14th. Rosenblatt Securities cut their target price on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating for the company in a research note on Friday, May 1st. KeyCorp cut their target price on shares of Dynatrace from $52.00 to $47.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Finally, Wedbush set a $48.00 target price on shares of Dynatrace in a research note on Friday, May 15th. Twenty-one research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $46.50.

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.