Dynatrace (NYSE:DT) Reaches New 52-Week Low – Here’s What Happened

Dynatrace, Inc. (NYSE:DTGet Free Report)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as $38.78 and last traded at $38.6750, with a volume of 135386 shares traded. The stock had previously closed at $39.38.

Key Stories Impacting Dynatrace

Here are the key news stories impacting Dynatrace this week:

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. KeyCorp decreased their price target on Dynatrace from $69.00 to $60.00 and set an “overweight” rating for the company in a research report on Monday. UBS Group set a $51.00 target price on shares of Dynatrace in a report on Thursday, November 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Dynatrace in a report on Monday, December 29th. Wall Street Zen cut Dynatrace from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Finally, Royal Bank Of Canada cut their price objective on shares of Dynatrace from $64.00 to $56.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Eighteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $60.36.

Get Our Latest Report on Dynatrace

Dynatrace Price Performance

The firm has a market capitalization of $11.77 billion, a PE ratio of 23.45, a PEG ratio of 3.15 and a beta of 0.85. The firm has a 50-day simple moving average of $44.22 and a 200-day simple moving average of $48.17.

Dynatrace (NYSE:DTGet Free Report) last released its earnings results on Wednesday, November 5th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.03. Dynatrace had a net margin of 27.33% and a return on equity of 9.24%. The company had revenue of $493.85 million during the quarter, compared to analyst estimates of $487.33 million. During the same period in the prior year, the firm posted $0.37 EPS. The firm’s quarterly revenue was up 18.1% compared to the same quarter last year. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS and its FY 2026 guidance at 1.620-1.640 EPS. Equities analysts expect that Dynatrace, Inc. will post 0.68 earnings per share for the current year.

Insider Activity

In other news, CEO Rick M. Mcconnell sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $46.61, for a total value of $1,398,300.00. Following the completion of the sale, the chief executive officer directly owned 108,125 shares of the company’s stock, valued at $5,039,706.25. This trade represents a 21.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Daniel S. Yates sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $46.69, for a total value of $93,380.00. Following the transaction, the chief accounting officer owned 23,380 shares of the company’s stock, valued at $1,091,612.20. This trade represents a 7.88% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 39,843 shares of company stock worth $1,846,424. 0.57% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Dynatrace

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cornerstone Planning Group LLC raised its holdings in shares of Dynatrace by 561.4% during the third quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock valued at $28,000 after acquiring an additional 494 shares during the last quarter. MAI Capital Management lifted its holdings in Dynatrace by 122.4% in the second quarter. MAI Capital Management now owns 547 shares of the company’s stock valued at $30,000 after acquiring an additional 301 shares during the last quarter. VSM Wealth Advisory LLC purchased a new position in shares of Dynatrace during the 2nd quarter worth $34,000. Eastern Bank acquired a new stake in shares of Dynatrace during the second quarter valued at about $35,000. Finally, Hazlett Burt & Watson Inc. acquired a new stake in Dynatrace in the 3rd quarter valued at approximately $37,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

About Dynatrace

(Get Free Report)

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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