Andra AP fonden bought a new stake in shares of Dynatrace, Inc. (NYSE:DT – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 385,005 shares of the company’s stock, valued at approximately $18,653,000. Andra AP fonden owned approximately 0.13% of Dynatrace as of its most recent SEC filing.
Several other hedge funds have also made changes to their positions in the company. Cornerstone Planning Group LLC increased its stake in shares of Dynatrace by 561.4% during the third quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock valued at $28,000 after buying an additional 494 shares during the period. MAI Capital Management grew its holdings in Dynatrace by 122.4% during the 2nd quarter. MAI Capital Management now owns 547 shares of the company’s stock worth $30,000 after acquiring an additional 301 shares in the last quarter. VSM Wealth Advisory LLC bought a new position in Dynatrace during the 2nd quarter worth about $34,000. Hazlett Burt & Watson Inc. purchased a new position in Dynatrace during the 3rd quarter valued at about $37,000. Finally, First Horizon Corp bought a new stake in shares of Dynatrace in the 3rd quarter valued at about $39,000. 94.28% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity
In related news, EVP Dan Zugelder sold 7,505 shares of the firm’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $45.27, for a total value of $339,751.35. Following the completion of the transaction, the executive vice president owned 8,925 shares in the company, valued at $404,034.75. This trade represents a 45.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Over the last 90 days, insiders sold 7,843 shares of company stock valued at $354,744. 0.57% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Read Our Latest Stock Report on Dynatrace
Dynatrace Stock Down 1.3%
DT stock opened at $35.88 on Friday. The stock has a market capitalization of $10.70 billion, a PE ratio of 58.81, a price-to-earnings-growth ratio of 2.90 and a beta of 0.84. Dynatrace, Inc. has a 52 week low of $32.83 and a 52 week high of $57.72. The firm has a 50 day moving average of $39.37 and a 200 day moving average of $44.80.
Dynatrace (NYSE:DT – Get Free Report) last issued its quarterly earnings results on Monday, February 9th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. The business had revenue of $515.47 million for the quarter, compared to analyst estimates of $506.31 million. During the same quarter in the prior year, the business posted $0.37 EPS. Dynatrace’s revenue for the quarter was up 18.2% compared to the same quarter last year. Dynatrace has set its FY 2026 guidance at 1.670-1.690 EPS and its Q4 2026 guidance at 0.380-0.390 EPS. On average, equities research analysts expect that Dynatrace, Inc. will post 0.68 earnings per share for the current year.
Dynatrace declared that its Board of Directors has authorized a share repurchase plan on Monday, February 9th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the company to repurchase up to 9.8% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.
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.
Featured Stories
- Five stocks we like better than Dynatrace
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- The Biggest IPO Ever… Open to Everyday Folks
- Silver records prices are great. Monthly income is better
- Read this or regret it forever
- Sell this, buy that
Receive News & Ratings for Dynatrace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynatrace and related companies with MarketBeat.com's FREE daily email newsletter.
