Insider Selling: Dynatrace (NYSE:DT) EVP Sells $10,420.93 in Stock

Dynatrace, Inc. (NYSE:DTGet Free Report) EVP Bernd Greifeneder sold 247 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $42.19, for a total value of $10,420.93. Following the transaction, the executive vice president directly owned 1,747 shares of the company’s stock, valued at approximately $73,705.93. This represents a 12.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Dynatrace Stock Performance

Shares of Dynatrace stock opened at $40.33 on Friday. 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 $11.75 billion, a PE ratio of 74.68, a P/E/G ratio of 2.63 and a beta of 0.75. The business has a 50-day simple moving average of $38.36 and a 200-day simple moving average of $39.54.

Dynatrace (NYSE:DTGet Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The business had revenue of $531.72 million during the quarter, compared to the consensus estimate of $521.01 million. During the same period in the previous year, the company posted $0.33 earnings per share. The business’s revenue for the quarter 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. On average, sell-side analysts predict that Dynatrace, Inc. will post 1.11 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Dynatrace

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of 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 purchasing an additional 739,895 shares during the period. Pictet Asset Management Holding SA lifted its holdings in shares of Dynatrace by 7.9% during the first quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company’s stock worth $584,649,000 after purchasing an additional 1,160,690 shares during the period. State Street Corp lifted its holdings in shares of Dynatrace by 1.0% during the fourth quarter. State Street Corp now owns 10,664,357 shares of the company’s stock worth $462,193,000 after purchasing an additional 101,994 shares during the period. Bank of America Corp DE lifted its holdings in shares of Dynatrace by 304.7% during the first 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 during the period. Finally, Wellington Management Group LLP lifted its holdings in shares of Dynatrace by 9.0% during the fourth quarter. Wellington Management Group LLP now owns 7,999,919 shares of the company’s stock worth $346,716,000 after purchasing an additional 659,792 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Rothschild & Co Redburn assumed coverage on Dynatrace in a research report on Thursday, April 23rd. They set a “neutral” rating and a $40.00 price objective for the company. Truist Financial set a $45.00 price objective on Dynatrace in a research report on Wednesday, April 15th. Wedbush set a $48.00 price target on Dynatrace in a report on Friday, May 15th. William Blair started coverage on Dynatrace in a report on Thursday, May 21st. They issued an “outperform” rating for the company. Finally, BMO Capital Markets lowered their price target on Dynatrace from $45.00 to $43.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. Twenty-one investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Dynatrace presently has an average rating of “Moderate Buy” and an average target price of $46.50.

View Our Latest Analysis on DT

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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Insider Buying and Selling by Quarter for Dynatrace (NYSE:DT)

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