Dorsal Capital Management LP Reduces Holdings in Dynatrace, Inc. $DT

Dorsal Capital Management LP lowered its stake in shares of Dynatrace, Inc. (NYSE:DT) by 7.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,000,000 shares of the company’s stock after selling 150,000 shares during the quarter. Dynatrace comprises 2.6% of Dorsal Capital Management LP’s portfolio, making the stock its 18th largest position. Dorsal Capital Management LP owned approximately 0.66% of Dynatrace worth $96,900,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of DT. Allspring Global Investments Holdings LLC boosted its position in shares of Dynatrace by 5.4% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,077,181 shares of the company’s stock valued at $52,039,000 after purchasing an additional 55,040 shares in the last quarter. Congress Asset Management Co. raised its holdings in Dynatrace by 6.8% in the third quarter. Congress Asset Management Co. now owns 3,331,422 shares of the company’s stock worth $161,407,000 after purchasing an additional 212,607 shares in the last quarter. Penserra Capital Management LLC lifted its position in Dynatrace by 22.0% during the third quarter. Penserra Capital Management LLC now owns 222,505 shares of the company’s stock valued at $10,780,000 after buying an additional 40,136 shares during the period. Vontobel Holding Ltd. lifted its position in Dynatrace by 790.5% during the third quarter. Vontobel Holding Ltd. now owns 48,702 shares of the company’s stock valued at $2,360,000 after buying an additional 43,233 shares during the period. Finally, Stephens Investment Management Group LLC boosted its holdings in shares of Dynatrace by 63.1% during the 3rd quarter. Stephens Investment Management Group LLC now owns 1,040,475 shares of the company’s stock valued at $50,411,000 after buying an additional 402,585 shares in the last quarter. 94.28% of the stock is owned by institutional investors.

Dynatrace Price Performance

DT opened at $38.32 on Friday. The stock has a 50-day moving average price of $38.23 and a 200-day moving average price of $44.05. The firm has a market cap of $11.43 billion, a PE ratio of 62.82, a P/E/G ratio of 3.06 and a beta of 0.82. Dynatrace, Inc. has a 1 year low of $32.83 and a 1 year high of $57.55.

Dynatrace (NYSE:DT) last posted its quarterly earnings results on Monday, February 9th. The company reported $0.44 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 firm had revenue of $515.47 million for the quarter, compared to analysts’ expectations of $506.31 million. During the same quarter in the prior year, the company posted $0.37 earnings per share. The business’s revenue for the quarter was up 18.2% on a year-over-year basis. 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, sell-side analysts anticipate that Dynatrace, Inc. will post 0.68 EPS for the current year.

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

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Keefe, Bruyette & Woods upgraded shares of Dynatrace to a “buy” rating in a research note on Monday, February 9th. Jefferies Financial Group dropped their price objective on shares of Dynatrace from $65.00 to $55.00 and set a “buy” rating on the stock in a research note on Monday, January 5th. Raymond James Financial restated a “market perform” rating on shares of Dynatrace in a report on Monday, February 9th. DA Davidson decreased their target price on shares of Dynatrace from $65.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, February 10th. Finally, Barclays lowered their target price on shares of Dynatrace from $57.00 to $47.00 and set an “overweight” rating for the company in a report on Tuesday, February 10th. Nineteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $53.48.

Insider Activity at Dynatrace

In other Dynatrace news, EVP Stephen A. Mcmahon acquired 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were bought at an average cost of $35.75 per share, with a total value of $107,250.00. Following the completion of the transaction, the executive vice president directly 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 document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.57% of the stock is owned by company insiders.

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.