Dynatrace, Inc. $DT Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC cut its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 3.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,038,679 shares of the company’s stock after selling 38,502 shares during the period. Allspring Global Investments Holdings LLC owned 0.34% of Dynatrace worth $43,988,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Wellington Management Group LLP raised its holdings in shares of 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 during the last quarter. Scge Management L.P. acquired a new stake in shares of Dynatrace during the second quarter worth about $155,858,000. Norges Bank purchased a new position in shares of Dynatrace during the second quarter worth about $87,620,000. Freestone Grove Partners LP grew its holdings in shares of Dynatrace by 2,618.6% during the third quarter. Freestone Grove Partners LP now owns 1,429,738 shares of the company’s stock worth $69,271,000 after buying an additional 1,377,148 shares during the last quarter. Finally, Temasek Holdings Private Ltd increased its position in Dynatrace by 125.1% in the 3rd quarter. Temasek Holdings Private Ltd now owns 1,989,098 shares of the company’s stock valued at $96,372,000 after acquiring an additional 1,105,508 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Dynatrace

In related news, EVP Stephen A. Mcmahon acquired 3,000 shares of Dynatrace stock in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average price of $35.75 per share, for a total transaction of $107,250.00. Following the completion of the purchase, the executive vice president directly owned 3,454 shares of the company’s stock, valued at approximately $123,480.50. This trade represents a 660.79% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.57% of the stock is owned by company insiders.

Dynatrace Price Performance

DT opened at $36.68 on Thursday. Dynatrace, Inc. has a 12 month low of $32.83 and a 12 month high of $57.55. The stock has a market capitalization of $10.94 billion, a P/E ratio of 60.13, a P/E/G ratio of 2.95 and a beta of 0.79. The business has a 50 day simple moving average of $37.36 and a 200-day simple moving average of $42.95.

Dynatrace (NYSE:DT) last announced its quarterly earnings data on Monday, February 9th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. The firm had revenue of $515.47 million for the quarter, compared to analyst estimates of $506.31 million. Dynatrace had a return on equity of 9.75% and a net margin of 9.55%.Dynatrace’s quarterly revenue was up 18.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.37 earnings per share. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. Research analysts anticipate that Dynatrace, Inc. will post 0.68 EPS for the current year.

Dynatrace announced that its board has initiated a share buyback plan on Monday, February 9th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to repurchase up to 9.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

DT has been the subject of several analyst reports. Robert W. Baird set a $47.00 price objective on Dynatrace in a research note on Tuesday, February 10th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Dynatrace in a research note on Monday, February 9th. Morgan Stanley dropped their target price on Dynatrace from $57.00 to $43.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 10th. Barclays cut their price target on Dynatrace from $57.00 to $47.00 and set an “overweight” rating for the company in a research note on Tuesday, February 10th. Finally, BTIG Research reiterated a “buy” rating and issued a $53.00 price objective on shares of Dynatrace in a research report on Thursday, February 19th. Nineteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $53.48.

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.