QRG Capital Management Inc. Decreases Position in Dynatrace, Inc. $DT

QRG Capital Management Inc. trimmed its stake in Dynatrace, Inc. (NYSE:DT) by 38.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,368 shares of the company’s stock after selling 31,564 shares during the period. QRG Capital Management Inc.’s holdings in Dynatrace were worth $2,489,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of DT. NewEdge Advisors LLC lifted its position in Dynatrace by 25.3% in the first quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock worth $431,000 after buying an additional 1,846 shares during the last quarter. Jones Financial Companies Lllp increased its position in Dynatrace by 19.2% during the first quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock valued at $102,000 after acquiring an additional 348 shares during the last quarter. Swedbank AB raised its stake in shares of Dynatrace by 43.9% in the second quarter. Swedbank AB now owns 179,426 shares of the company’s stock valued at $9,906,000 after acquiring an additional 54,700 shares during the period. Exchange Traded Concepts LLC lifted its holdings in shares of Dynatrace by 3.4% in the 2nd quarter. Exchange Traded Concepts LLC now owns 19,760 shares of the company’s stock worth $1,091,000 after acquiring an additional 654 shares during the last quarter. Finally, IFM Investors Pty Ltd lifted its holdings in shares of Dynatrace by 9.2% in the 2nd quarter. IFM Investors Pty Ltd now owns 54,838 shares of the company’s stock worth $3,028,000 after acquiring an additional 4,627 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Dynatrace Price Performance

Shares of Dynatrace stock opened at $39.93 on Tuesday. The stock has a market cap of $12.04 billion, a price-to-earnings ratio of 23.91, a PEG ratio of 3.15 and a beta of 0.85. The firm’s 50-day moving average is $43.94 and its two-hundred day moving average is $47.85. Dynatrace, Inc. has a 1 year low of $38.50 and a 1 year high of $63.00.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.44 earnings per share 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 firm had revenue of $493.85 million during the quarter, compared to analysts’ expectations of $487.33 million. During the same quarter in the prior year, the company earned $0.37 EPS. The company’s 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. On average, equities analysts expect that Dynatrace, Inc. will post 0.68 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Cowen reiterated a “buy” rating on shares of Dynatrace in a report on Monday, November 17th. Citigroup dropped their target price on Dynatrace from $64.00 to $60.00 and set a “buy” rating for the company in a research report on Friday. Wells Fargo & Company began coverage on Dynatrace in a report on Tuesday, September 30th. They issued an “overweight” rating and a $65.00 price target on the stock. Rosenblatt Securities reissued a “buy” rating and set a $67.00 price target on shares of Dynatrace in a research note on Thursday, November 6th. Finally, Wall Street Zen cut Dynatrace from a “buy” rating to a “hold” rating in a report on Friday, October 3rd. Eighteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Dynatrace currently has an average rating of “Moderate Buy” and an average price target of $60.18.

Insider Buying and Selling at Dynatrace

In other news, CAO Daniel S. Yates sold 2,000 shares of Dynatrace stock in a transaction 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 transaction, the chief accounting officer directly owned 23,380 shares in the company, valued at approximately $1,091,612.20. This trade represents a 7.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Rick M. Mcconnell sold 30,000 shares of the company’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 owned 108,125 shares of the company’s stock, valued at $5,039,706.25. This trade represents a 21.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 39,843 shares of company stock valued at $1,846,424. 0.57% of the stock is currently owned by corporate insiders.

Dynatrace Profile

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.