Dynatrace (NYSE:DT – Get Free Report) had its target price decreased by investment analysts at Rosenblatt Securities from $67.00 to $60.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Rosenblatt Securities’ price objective indicates a potential upside of 57.56% from the company’s previous close.
DT has been the topic of a number of other research reports. Scotiabank dropped their price objective on Dynatrace from $67.00 to $60.00 and set an “outperform” rating on the stock in a report on Thursday, November 6th. KeyCorp reduced their price objective on shares of Dynatrace from $69.00 to $60.00 and set an “overweight” rating for the company in a research note on Monday, January 12th. Weiss Ratings reissued a “hold (c)” rating on shares of Dynatrace in a research report on Monday, December 29th. Wall Street Zen cut Dynatrace from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Finally, Cantor Fitzgerald decreased their price target on Dynatrace from $57.00 to $51.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. Eighteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $59.41.
Check Out Our Latest Analysis on Dynatrace
Dynatrace Price Performance
Dynatrace (NYSE:DT – Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.44 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $487.33 million. During the same quarter in the prior year, the business earned $0.37 EPS. The company’s revenue for the quarter 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, analysts predict that Dynatrace will post 0.68 EPS for the current year.
Insider Buying and Selling at Dynatrace
In other news, CAO Daniel S. Yates sold 2,000 shares of Dynatrace stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $46.69, for a total transaction of $93,380.00. Following the sale, the chief accounting officer directly owned 23,380 shares in the company, valued at approximately $1,091,612.20. The trade was a 7.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Rick M. Mcconnell sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $46.61, for a total value of $1,398,300.00. Following the completion of the sale, the chief executive officer owned 108,125 shares in the company, valued at approximately $5,039,706.25. This represents a 21.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 39,843 shares of company stock valued at $1,846,424 in the last 90 days. 0.57% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Dynatrace
Hedge funds have recently made changes to their positions in the company. Wellington Management Group LLP boosted its position in Dynatrace by 719.3% in the third quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company’s stock valued at $355,629,000 after buying an additional 6,444,262 shares in the last quarter. Scge Management L.P. bought a new position in shares of Dynatrace in the second quarter valued at approximately $155,858,000. Pictet Asset Management Holding SA boosted its holdings in shares of Dynatrace by 16.5% in the 4th quarter. Pictet Asset Management Holding SA now owns 14,648,533 shares of the company’s stock worth $634,985,000 after acquiring an additional 2,076,990 shares in the last quarter. Norges Bank acquired a new position in shares of Dynatrace in the 2nd quarter worth approximately $87,620,000. Finally, Freestone Grove Partners LP grew its position in Dynatrace by 2,618.6% during the 3rd quarter. Freestone Grove Partners LP now owns 1,429,738 shares of the company’s stock worth $69,271,000 after acquiring an additional 1,377,148 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.
Dynatrace Company 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.
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