385,005 Shares in Dynatrace, Inc. $DT Purchased by Andra AP fonden

Andra AP fonden purchased a new position in Dynatrace, Inc. (NYSE:DT) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 385,005 shares of the company’s stock, valued at approximately $18,653,000.

Other institutional investors also recently bought and sold shares of the company. Cornerstone Planning Group LLC boosted its holdings in shares of Dynatrace by 561.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock valued at $28,000 after acquiring an additional 494 shares during the last quarter. MAI Capital Management raised its holdings in shares of Dynatrace by 122.4% during the second quarter. MAI Capital Management now owns 547 shares of the company’s stock worth $30,000 after purchasing an additional 301 shares during the last quarter. VSM Wealth Advisory LLC acquired a new position in Dynatrace during the second quarter valued at $34,000. Hazlett Burt & Watson Inc. purchased a new stake in Dynatrace in the third quarter valued at $37,000. Finally, First Horizon Corp purchased a new stake in Dynatrace in the third quarter valued at $39,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Dynatrace news, EVP Dan Zugelder sold 7,505 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $45.27, for a total value of $339,751.35. Following the transaction, the executive vice president directly owned 8,925 shares of the company’s stock, valued at $404,034.75. This trade represents a 45.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders have sold 7,843 shares of company stock valued at $354,744. 0.57% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Barclays reduced their price objective on Dynatrace from $57.00 to $47.00 and set an “overweight” rating for the company in a research note on Tuesday, February 10th. Wedbush decreased their price target on Dynatrace from $67.00 to $55.00 and set an “outperform” rating for the company in a report on Wednesday, February 11th. BMO Capital Markets lowered their price objective on Dynatrace from $56.00 to $45.00 and set an “outperform” rating on the stock in a research report on Monday, February 9th. DA Davidson cut their target price on shares of Dynatrace from $65.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, February 10th. Finally, Keefe, Bruyette & Woods upgraded shares of Dynatrace to a “buy” rating in a research note on Monday, February 9th. Nineteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Dynatrace currently has an average rating of “Moderate Buy” and an average target price of $52.52.

Dynatrace Stock Performance

NYSE DT opened at $35.88 on Friday. The business has a fifty day moving average price of $39.37 and a 200 day moving average price of $44.80. The company has a market cap of $10.70 billion, a P/E ratio of 58.81, a P/E/G ratio of 2.90 and a beta of 0.84. Dynatrace, Inc. has a one year low of $32.83 and a one year high of $57.72.

Dynatrace (NYSE:DT) last released its earnings results on Monday, February 9th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. The business had revenue of $515.47 million during the quarter, compared to analyst estimates of $506.31 million. Dynatrace had a net margin of 9.55% and a return on equity of 9.75%. The company’s revenue for the quarter was up 18.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.37 earnings per share. 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 predict that Dynatrace, Inc. will post 0.68 EPS for the current fiscal year.

Dynatrace announced that its board has approved a stock repurchase plan on Monday, February 9th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the company to reacquire up to 9.8% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

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.