28,293 Shares in Dynatrace, Inc. $DT Purchased by 1832 Asset Management L.P.

1832 Asset Management L.P. bought a new position in Dynatrace, Inc. (NYSE:DTFree Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 28,293 shares of the company’s stock, valued at approximately $1,562,000.

Other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Dynatrace by 3.6% in the 2nd quarter. Vanguard Group Inc. now owns 31,403,014 shares of the company’s stock worth $1,733,760,000 after purchasing an additional 1,084,307 shares during the last quarter. American Century Companies Inc. lifted its stake in Dynatrace by 0.6% in the second quarter. American Century Companies Inc. now owns 7,845,619 shares of the company’s stock valued at $433,157,000 after buying an additional 44,288 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Dynatrace by 79.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,987,838 shares of the company’s stock valued at $329,477,000 after acquiring an additional 3,092,576 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Dynatrace by 2.4% during the second quarter. Geode Capital Management LLC now owns 5,757,417 shares of the company’s stock valued at $316,948,000 after acquiring an additional 134,478 shares during the period. Finally, Eminence Capital LP grew its position in shares of Dynatrace by 25.6% during the first quarter. Eminence Capital LP now owns 3,351,603 shares of the company’s stock worth $158,028,000 after acquiring an additional 683,443 shares during the last quarter. 94.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Truist Financial cut their price objective on shares of Dynatrace from $60.00 to $55.00 and set a “buy” rating on the stock in a research report on Wednesday, November 19th. Rosenblatt Securities reaffirmed a “buy” rating and set a $67.00 price target on shares of Dynatrace in a report on Thursday, November 6th. Citigroup decreased their price objective on Dynatrace from $68.00 to $64.00 and set a “buy” rating for the company in a report on Monday, August 18th. Wells Fargo & Company began coverage on Dynatrace in a research report on Tuesday, September 30th. They issued an “overweight” rating and a $65.00 target price on the stock. Finally, Oppenheimer initiated coverage on Dynatrace in a research report on Wednesday, August 27th. They set an “outperform” rating and a $65.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Dynatrace presently has an average rating of “Moderate Buy” and an average price target of $61.59.

Get Our Latest Analysis on Dynatrace

Insiders Place Their Bets

In other Dynatrace news, EVP Dan Zugelder sold 7,503 shares of the company’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $50.00, for a total value of $375,150.00. Following the transaction, the executive vice president owned 1,420 shares of the company’s stock, valued at approximately $71,000. This represents a 84.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Rick M. Mcconnell sold 30,000 shares of the firm’s stock in a transaction 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 sale, the chief executive officer directly owned 108,125 shares of the company’s stock, valued at approximately $5,039,706.25. This represents a 21.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 39,756 shares of company stock worth $1,878,023. 0.57% of the stock is owned by insiders.

Dynatrace Stock Up 0.4%

Shares of DT stock opened at $44.47 on Friday. The stock has a 50-day simple moving average of $47.40 and a 200 day simple moving average of $50.33. Dynatrace, Inc. has a fifty-two week low of $39.30 and a fifty-two week high of $63.00. The stock has a market capitalization of $13.41 billion, a P/E ratio of 26.63, a P/E/G ratio of 3.53 and a beta of 0.87.

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

About Dynatrace

(Free Report)

Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.

See Also

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Institutional Ownership by Quarter for Dynatrace (NYSE:DT)

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