Insider Selling: Dynatrace (NYSE:DT) EVP Sells $2,860,500.00 in Stock

Dynatrace, Inc. (NYSE:DT) EVP Bernd Greifeneder sold 50,000 shares of the company’s stock in a transaction dated Friday, September 18th. The shares were sold at an average price of $57.21, for a total transaction of $2,860,500.00. Following the completion of the sale, the executive vice president directly owned 904,846 shares of the company’s stock, valued at $51,766,239.66. The trade was a 5.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bernd Greifeneder also recently made the following trade(s):

• On Saturday, September 5th, Bernd Greifeneder sold 99 shares of Dynatrace stock. The stock was sold at an average price of $51.90, for a total value of $5,138.10.

Dynatrace Stock Up 2.4%

Shares of DT stock opened at $58.57 on Thursday. The stock’s 50-day moving average price is $49.54 and its 200 day moving average price is $43.05. The stock has a market capitalization of $16.93 billion, a PE ratio of 117.13, a price-to-earnings-growth ratio of 3.52 and a beta of 0.74. Dynatrace, Inc. has a 52-week low of $31.64 and a 52-week high of $59.31.

Dynatrace (NYSE:DT) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. The company had revenue of $554.55 million during the quarter, compared to analysts’ expectations of $550.01 million. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.The firm’s revenue for the quarter was up 16.3% on a year-over-year basis. During the same period last year, the firm earned $0.42 EPS. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. Analysts expect that Dynatrace, Inc. will post 1.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have commented on DT shares. Barclays upped their price objective on shares of Dynatrace from $48.00 to $60.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Needham & Company LLC raised shares of Dynatrace from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a report on Friday, September 18th. Rosenblatt Securities restated a “buy” rating and issued a $52.00 price objective on shares of Dynatrace in a research report on Tuesday, August 4th. Citigroup lifted their price objective on Dynatrace from $62.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, August 18th. Finally, Weiss Ratings upgraded Dynatrace from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, September 16th. Twenty-three research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Dynatrace has an average rating of “Moderate Buy” and an average target price of $56.07.

Institutional Investors Weigh In On Dynatrace

Hedge funds and other institutional investors have recently modified their holdings of the stock. Pictet Asset Management Holding SA grew its holdings in shares of Dynatrace by 7.9% in the 1st quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company’s stock worth $584,649,000 after acquiring an additional 1,160,690 shares during the period. Wellington Management Group LLP grew its holdings in Dynatrace by 23.5% in the second quarter. Wellington Management Group LLP now owns 11,528,792 shares of the company’s stock valued at $506,229,000 after purchasing an additional 2,191,497 shares during the last quarter. Bank of America Corp DE grew its holdings in Dynatrace by 304.7% in the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock valued at $346,044,000 after purchasing an additional 7,045,591 shares during the last quarter. First Trust Advisors LP increased its position in shares of Dynatrace by 706.8% in the first quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock valued at $251,520,000 after buying an additional 5,958,505 shares in the last quarter. Finally, Amundi increased its position in shares of Dynatrace by 461.5% in the first quarter. Amundi now owns 6,238,938 shares of the company’s stock valued at $230,716,000 after buying an additional 5,127,910 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

About Dynatrace

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating cloud, hybrid, and multicloud environments. Its platform is designed to help businesses monitor the performance, availability, and security of applications, infrastructure, networks, and user experiences from a unified environment.

The company’s offerings include application performance monitoring, infrastructure and cloud monitoring, log and analytics capabilities, digital experience monitoring, application security, and software delivery insights.