Dynatrace, Inc. (NYSE:DT – Get Rating) CRO Stephen J. Pace sold 26,303 shares of the business’s stock in a transaction that occurred on Thursday, September 8th. The shares were sold at an average price of $40.00, for a total transaction of $1,052,120.00. Following the transaction, the executive now owns 137,378 shares of the company’s stock, valued at $5,495,120. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Dynatrace Price Performance
DT stock opened at $40.73 on Friday. The firm has a market cap of $11.70 billion, a price-to-earnings ratio of 290.93, a PEG ratio of 5.62 and a beta of 1.27. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.18. Dynatrace, Inc. has a 12-month low of $29.41 and a 12-month high of $80.13. The company’s fifty day simple moving average is $39.32 and its 200 day simple moving average is $40.45.
Dynatrace (NYSE:DT – Get Rating) last released its earnings results on Wednesday, August 3rd. The company reported $0.08 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.08. Dynatrace had a net margin of 4.18% and a return on equity of 7.81%. The business had revenue of $267.27 million for the quarter, compared to analyst estimates of $262.76 million. On average, analysts expect that Dynatrace, Inc. will post 0.36 earnings per share for the current year.
Institutional Investors Weigh In On Dynatrace
Analysts Set New Price Targets
DT has been the topic of a number of research reports. TheStreet raised shares of Dynatrace from a “d+” rating to a “c” rating in a research note on Thursday, June 23rd. Canaccord Genuity Group reaffirmed a “buy” rating and set a $55.00 target price on shares of Dynatrace in a research note on Thursday, July 7th. Needham & Company LLC boosted their target price on shares of Dynatrace from $42.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, August 4th. Royal Bank of Canada boosted their target price on shares of Dynatrace from $44.00 to $46.00 and gave the stock an “outperform” rating in a research note on Thursday, August 4th. Finally, Barclays boosted their target price on shares of Dynatrace to $50.00 in a research note on Tuesday, August 9th. Two investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $59.24.
Dynatrace Company Profile
Dynatrace, Inc provides a software intelligence platform for dynamic multi-cloud environments. It operates Dynatrace, a software intelligence platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, digital experience monitoring, business analytics, and cloud automation.
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