Baird Financial Group Inc. lessened its stake in shares of Dynatrace, Inc. (NYSE:DT – Free Report) by 10.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 102,091 shares of the company’s stock after selling 12,327 shares during the period. Baird Financial Group Inc.’s holdings in Dynatrace were worth $5,636,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Quent Capital LLC increased its position in shares of Dynatrace by 4.6% in the 2nd quarter. Quent Capital LLC now owns 4,288 shares of the company’s stock valued at $237,000 after acquiring an additional 190 shares during the period. Nissay Asset Management Corp Japan ADV grew its stake in Dynatrace by 0.7% during the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 35,767 shares of the company’s stock valued at $1,686,000 after purchasing an additional 249 shares during the last quarter. SBI Securities Co. Ltd. increased its holdings in shares of Dynatrace by 15.4% in the second quarter. SBI Securities Co. Ltd. now owns 1,869 shares of the company’s stock valued at $103,000 after purchasing an additional 249 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Dynatrace by 21.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock worth $85,000 after purchasing an additional 272 shares during the last quarter. Finally, L. Roy Papp & Associates LLP lifted its holdings in shares of Dynatrace by 2.3% during the second quarter. L. Roy Papp & Associates LLP now owns 12,535 shares of the company’s stock worth $692,000 after purchasing an additional 280 shares during the period. Hedge funds and other institutional investors own 94.28% of the company’s stock.
Insider Activity at Dynatrace
In other news, CAO Daniel S. Yates sold 2,000 shares of Dynatrace stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $46.69, for a total value of $93,380.00. Following the sale, the chief accounting officer directly owned 23,380 shares of the company’s stock, valued at $1,091,612.20. The trade was a 7.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Rick M. Mcconnell sold 30,000 shares of the business’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 sale, the chief executive officer owned 108,125 shares of the company’s stock, valued at $5,039,706.25. The trade was a 21.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 39,841 shares of company stock valued at $1,881,823. 0.57% of the stock is owned by corporate insiders.
Dynatrace Price Performance
Dynatrace (NYSE:DT – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. The company had revenue of $493.85 million during the quarter, compared to analysts’ expectations of $487.33 million. Dynatrace had a net margin of 27.33% and a return on equity of 9.24%. The firm’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.37 earnings per share. 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 expect that Dynatrace, Inc. will post 0.68 earnings per share for the current year.
Wall Street Analysts Forecast Growth
DT has been the topic of several research reports. Cantor Fitzgerald cut their price target on shares of Dynatrace from $57.00 to $51.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Cowen reaffirmed a “buy” rating on shares of Dynatrace in a report on Monday, November 17th. Wall Street Zen cut shares of Dynatrace from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. UBS Group set a $51.00 target price on shares of Dynatrace in a research report on Thursday, November 6th. 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 on the stock. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Dynatrace has a consensus rating of “Moderate Buy” and an average target price of $61.59.
Get Our Latest Research Report on DT
Dynatrace Company Profile
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.
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