29,186 Shares of Dynatrace, Inc. $DT Purchased by Eleva Capital SAS

Eleva Capital SAS purchased a new stake in Dynatrace, Inc. (NYSE:DT) during the third quarter, HoldingsChannel reports. The institutional investor purchased 29,186 shares of the company’s stock, valued at approximately $1,685,000. Dynatrace accounts for approximately 1.4% of Eleva Capital SAS’s holdings, making the stock its 15th biggest position.

Several other institutional investors and hedge funds also recently modified their holdings of DT. Bank of America Corp DE increased its stake in Dynatrace by 304.7% in the 1st quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock valued at $346,044,000 after buying an additional 7,045,591 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Dynatrace by 706.8% during the 1st quarter. First Trust Advisors LP now owns 6,801,507 shares of the company’s stock worth $251,520,000 after buying an additional 5,958,505 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of Dynatrace in the 1st quarter valued at about $190,890,000. Amundi grew its holdings in shares of Dynatrace by 461.5% in the 1st quarter. Amundi now owns 6,238,938 shares of the company’s stock valued at $230,716,000 after acquiring an additional 5,127,910 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Dynatrace in the second quarter valued at about $114,885,000. 94.28% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Dynatrace

In related news, 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 value of $2,860,500.00. Following the transaction, the executive vice president owned 904,846 shares in the company, valued at approximately $51,766,239.66. This represents a 5.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.69% of the company’s stock.

Analyst Upgrades and Downgrades

DT has been the subject of several recent research reports. Jefferies Financial Group reissued a “buy” rating on shares of Dynatrace in a research report on Wednesday, August 5th. DA Davidson upped their price objective on Dynatrace from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Canaccord Genuity Group raised their target price on shares of Dynatrace from $46.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Zacks Research downgraded shares of Dynatrace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. Finally, Morgan Stanley raised shares of Dynatrace from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $58.00 to $65.00 in a research report on Tuesday, August 25th. Twenty-three analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $56.89.

Dynatrace Stock Up 1.0%

Shares of DT stock traded up $0.62 during trading on Tuesday, reaching $60.83. 1,923,854 shares of the company’s stock were exchanged, compared to its average volume of 6,440,428. Dynatrace, Inc. has a twelve month low of $31.64 and a twelve month high of $61.58. The firm’s fifty day moving average price is $52.03 and its 200-day moving average price is $44.18. The stock has a market capitalization of $17.58 billion, a PE ratio of 121.64, a PEG ratio of 3.67 and a beta of 0.77.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.03. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.The business had revenue of $554.55 million during the quarter, compared to the consensus estimate of $550.01 million. During the same quarter last year, the firm posted $0.42 EPS. The company’s quarterly revenue was up 16.3% on a year-over-year basis. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. As a group, analysts anticipate that Dynatrace, Inc. will post 1.1 EPS for the current fiscal year.

Dynatrace Profile

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating complex cloud, hybrid, and enterprise technology environments. Its platform is designed to help businesses monitor applications, infrastructure, user experiences, logs, and digital services from a unified interface.

The company’s products support application and infrastructure performance monitoring, digital experience monitoring, log management, cloud automation, application security, and artificial intelligence-assisted operations.