Assenagon Asset Management S.A. Grows Position in Dynatrace, Inc. $DT

Assenagon Asset Management S.A. lifted its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 38.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 597,826 shares of the company’s stock after purchasing an additional 165,471 shares during the quarter. Assenagon Asset Management S.A. owned 0.20% of Dynatrace worth $25,910,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of DT. MAI Capital Management increased its holdings in shares of Dynatrace by 122.4% in the 2nd quarter. MAI Capital Management now owns 547 shares of the company’s stock worth $30,000 after buying an additional 301 shares during the last quarter. Cornerstone Planning Group LLC grew its position in Dynatrace by 561.4% in the third quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock worth $28,000 after acquiring an additional 494 shares in the last quarter. Hazlett Burt & Watson Inc. purchased a new position in Dynatrace in the third quarter worth $37,000. First Horizon Corp bought a new position in Dynatrace in the third quarter valued at $39,000. Finally, True Wealth Design LLC increased its stake in Dynatrace by 99.6% in the fourth quarter. True Wealth Design LLC now owns 896 shares of the company’s stock valued at $39,000 after acquiring an additional 447 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Stephen A. Mcmahon acquired 3,000 shares of the stock in a transaction 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 transaction, the executive vice president owned 3,454 shares of the company’s stock, valued at $123,480.50. This trade represents a 660.79% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.57% of the stock is owned by company insiders.

Dynatrace Trading Down 0.4%

Shares of NYSE:DT opened at $36.39 on Thursday. The stock’s 50-day moving average price is $37.63 and its 200-day moving average price is $43.39. 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 $10.85 billion, a P/E ratio of 59.66, a price-to-earnings-growth ratio of 2.91 and a beta of 0.82.

Dynatrace (NYSE:DT) last released its earnings results on Monday, February 9th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The company had revenue of $515.47 million during 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 revenue for the quarter was up 18.2% on a year-over-year basis. During the same quarter in the previous year, the company 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. As a group, research analysts predict that Dynatrace, Inc. will post 0.68 EPS for the current year.

Dynatrace declared that its Board of Directors has approved a stock repurchase program 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 programs are usually an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Barclays dropped 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. Citigroup reduced their price objective on Dynatrace from $64.00 to $60.00 and set a “buy” rating on the stock in a research report on Friday, January 16th. BMO Capital Markets decreased their price objective on Dynatrace from $56.00 to $45.00 and set an “outperform” rating on the stock in a report on Monday, February 9th. Raymond James Financial restated a “market perform” rating on shares of Dynatrace in a research report on Monday, February 9th. Finally, DA Davidson cut their target price on Dynatrace from $65.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. Nineteen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.