Baird Financial Group Inc. trimmed its holdings in Dynatrace, Inc. (NYSE:DT – Free Report) by 10.8% during the second quarter, HoldingsChannel reports. The firm owned 102,091 shares of the company’s stock after selling 12,327 shares during the period. Baird Financial Group Inc.’s holdings in Dynatrace were worth $5,636,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. MAI Capital Management lifted its position in Dynatrace by 122.4% during the second quarter. MAI Capital Management now owns 547 shares of the company’s stock worth $30,000 after buying an additional 301 shares in the last quarter. VSM Wealth Advisory LLC purchased a new stake in Dynatrace in the 2nd quarter valued at $34,000. Eastern Bank acquired a new stake in shares of Dynatrace in the 2nd quarter worth $35,000. Brooklyn Investment Group raised its holdings in shares of Dynatrace by 761.9% during the 1st quarter. Brooklyn Investment Group now owns 905 shares of the company’s stock worth $43,000 after acquiring an additional 800 shares during the period. Finally, CX Institutional boosted its position in shares of Dynatrace by 42.6% during the 2nd quarter. CX Institutional now owns 1,221 shares of the company’s stock valued at $67,000 after acquiring an additional 365 shares during the last quarter. 94.28% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on the stock. Cowen restated a “buy” rating on shares of Dynatrace in a research report on Monday, November 17th. Citigroup reduced their price target on shares of Dynatrace from $68.00 to $64.00 and set a “buy” rating on the stock in a research report on Monday, August 18th. Oppenheimer started coverage on Dynatrace in a report on Wednesday, August 27th. They issued an “outperform” rating and a $65.00 price objective on the stock. Wall Street Zen cut Dynatrace from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. Finally, UBS Group set a $51.00 target price on Dynatrace in a research report on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $61.59.
Insider Transactions at Dynatrace
In other Dynatrace news, EVP Dan Zugelder sold 7,503 shares of the business’s stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $50.00, for a total transaction of $375,150.00. Following the completion of the transaction, the executive vice president owned 1,420 shares in the company, valued at $71,000. The trade was a 84.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Rick M. Mcconnell sold 30,000 shares of the stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $46.61, for a total transaction of $1,398,300.00. Following the completion of the sale, the chief executive officer directly owned 108,125 shares in the company, valued at approximately $5,039,706.25. This represents a 21.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 39,841 shares of company stock valued at $1,881,823. 0.57% of the stock is currently owned by corporate insiders.
Dynatrace Stock Up 0.8%
Dynatrace stock opened at $45.18 on Wednesday. Dynatrace, Inc. has a 52-week low of $39.30 and a 52-week high of $63.00. The firm has a market cap of $13.62 billion, a PE ratio of 27.05, a price-to-earnings-growth ratio of 3.56 and a beta of 0.87. The company’s 50 day moving average is $47.24 and its two-hundred day moving average is $50.18.
Dynatrace (NYSE:DT – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. The business had revenue of $493.85 million for the quarter, compared to analyst estimates of $487.33 million. Dynatrace had a return on equity of 9.24% and a net margin of 27.33%.The company’s revenue was up 18.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.37 earnings per share. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS and its FY 2026 guidance at 1.620-1.640 EPS. On average, equities research analysts anticipate that Dynatrace, Inc. will post 0.68 earnings per share for the current fiscal year.
Dynatrace Profile
Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.
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