MYDA Advisors LLC cut its position in shares of Dynatrace, Inc. (NYSE:DT – Free Report) by 26.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,000 shares of the company’s stock after selling 25,000 shares during the period. MYDA Advisors LLC’s holdings in Dynatrace were worth $3,034,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of DT. V Square Quantitative Management LLC acquired a new position in shares of Dynatrace during the 4th quarter worth about $26,000. RHL Group LLC acquired a new position in shares of Dynatrace during the 4th quarter worth about $30,000. Larson Financial Group LLC increased its stake in shares of Dynatrace by 168.8% during the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after purchasing an additional 508 shares during the last quarter. True Wealth Design LLC increased its stake in shares of Dynatrace by 99.6% during the 4th quarter. True Wealth Design LLC now owns 896 shares of the company’s stock worth $39,000 after purchasing an additional 447 shares during the last quarter. Finally, Banque Cantonale Vaudoise increased its stake in shares of Dynatrace by 210.0% during the 4th quarter. Banque Cantonale Vaudoise now owns 1,606 shares of the company’s stock worth $70,000 after purchasing an additional 1,088 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on DT. Rothschild & Co Redburn began coverage on shares of Dynatrace in a research note on Thursday, April 23rd. They set a “neutral” rating and a $40.00 price objective on the stock. Rosenblatt Securities decreased their price target on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Royal Bank Of Canada lowered their price target on shares of Dynatrace from $50.00 to $45.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Truist Financial set a $45.00 price objective on shares of Dynatrace in a research report on Wednesday, April 15th. Finally, Scotiabank cut their price objective on shares of Dynatrace from $47.00 to $44.00 and set a “sector outperform” rating for the company in a research report on Thursday, May 14th. Twenty-one research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $46.50.
Dynatrace Stock Up 0.2%
Shares of DT stock opened at $40.81 on Monday. The firm has a 50 day moving average price of $38.44 and a two-hundred day moving average price of $39.52. The company has a market capitalization of $11.90 billion, a PE ratio of 75.58, a price-to-earnings-growth ratio of 2.65 and a beta of 0.75. Dynatrace, Inc. has a 12-month low of $31.64 and a 12-month high of $57.55.
Dynatrace (NYSE:DT – Get Free Report) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. The firm had revenue of $531.72 million during the quarter, compared to the consensus estimate of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The business’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same period last year, the business posted $0.33 earnings per share. 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, research analysts expect that Dynatrace, Inc. will post 1.11 EPS for the current year.
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.
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