Aaron Wealth Advisors LLC lessened its stake in shares of Dynatrace, Inc. (NYSE:DT – Free Report) by 50.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,732 shares of the company’s stock after selling 17,099 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in Dynatrace were worth $725,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of DT. Wellington Management Group LLP grew its stake in Dynatrace by 719.3% during the third quarter. Wellington Management Group LLP now owns 7,340,127 shares of the company’s stock worth $355,629,000 after buying an additional 6,444,262 shares during the last quarter. Scge Management L.P. bought a new position in Dynatrace in the 2nd quarter valued at $155,858,000. Freestone Grove Partners LP boosted its stake in Dynatrace by 2,618.6% in the third quarter. Freestone Grove Partners LP now owns 1,429,738 shares of the company’s stock worth $69,271,000 after purchasing an additional 1,377,148 shares in the last quarter. Temasek Holdings Private Ltd boosted its stake in Dynatrace by 125.1% in the third quarter. Temasek Holdings Private Ltd now owns 1,989,098 shares of the company’s stock worth $96,372,000 after purchasing an additional 1,105,508 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Dynatrace by 2.4% during the third quarter. Vanguard Group Inc. now owns 32,142,909 shares of the company’s stock worth $1,557,324,000 after purchasing an additional 739,895 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the company. Wells Fargo & Company lowered their target price on Dynatrace from $65.00 to $50.00 and set an “overweight” rating for the company in a research note on Tuesday, February 10th. Wedbush decreased their price objective on shares of Dynatrace from $67.00 to $55.00 and set an “outperform” rating on the stock in a report on Wednesday, February 11th. Citigroup lowered their price objective on shares of Dynatrace from $64.00 to $60.00 and set a “buy” rating for the company in a research report on Friday, January 16th. Cantor Fitzgerald dropped their target price on shares of Dynatrace from $51.00 to $37.00 and set a “neutral” rating for the company in a research note on Friday, February 6th. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Dynatrace in a research report on Monday, February 9th. Nineteen 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 stock currently has an average rating of “Moderate Buy” and an average price target of $53.48.
Dynatrace Stock Down 1.0%
Shares of Dynatrace stock opened at $36.81 on Thursday. Dynatrace, Inc. has a 12 month low of $32.83 and a 12 month high of $57.55. The business has a fifty day simple moving average of $37.01 and a 200 day simple moving average of $42.57. The stock has a market cap of $10.98 billion, a PE ratio of 60.34, a price-to-earnings-growth ratio of 2.49 and a beta of 0.79.
Dynatrace (NYSE:DT – Get Free Report) last issued its quarterly earnings data on Monday, February 9th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.41 by $0.03. The business had revenue of $515.47 million for the quarter, compared to the consensus estimate of $506.31 million. Dynatrace had a return on equity of 9.75% and a net margin of 9.55%.The firm’s revenue was up 18.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.37 EPS. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. Analysts expect that Dynatrace, Inc. will post 0.68 EPS for the current fiscal year.
Dynatrace announced that its board has approved a stock repurchase plan on Monday, February 9th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to purchase up to 9.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s management believes its stock is undervalued.
Insider Transactions at Dynatrace
In related news, EVP Stephen A. Mcmahon bought 3,000 shares of the company’s stock in a transaction on Tuesday, March 3rd. The shares were purchased at an average cost of $35.75 per share, for a total transaction of $107,250.00. Following the acquisition, the executive vice president owned 3,454 shares of the company’s stock, valued at approximately $123,480.50. This represents a 660.79% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.57% of the company’s stock.
About Dynatrace
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.
Further Reading
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