Rosenblatt Securities Cuts Dynatrace (NYSE:DT) Price Target to $60.00

Dynatrace (NYSE:DT) had its price target trimmed by Rosenblatt Securities from $67.00 to $60.00 in a report published on Friday,Benzinga reports. The firm currently has a buy rating on the stock.

DT has been the subject of a number of other research reports. TD Cowen cut their target price on shares of Dynatrace from $65.00 to $55.00 and set a “buy” rating for the company in a research report on Wednesday, January 21st. Scotiabank dropped their price objective on Dynatrace from $67.00 to $60.00 and set an “outperform” rating on the stock in a research note on Thursday, November 6th. UBS Group set a $51.00 target price on Dynatrace in a research note on Thursday, November 6th. Cantor Fitzgerald lowered their target price on Dynatrace from $57.00 to $51.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Finally, Citigroup cut their price target on Dynatrace from $64.00 to $60.00 and set a “buy” rating for the company in a report on Friday, January 16th. Eighteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.41.

Dynatrace Stock Performance

Shares of DT stock opened at $38.08 on Friday. The stock’s 50 day simple moving average is $42.91 and its 200 day simple moving average is $46.95. Dynatrace has a twelve month low of $37.43 and a twelve month high of $63.00. The company has a market capitalization of $11.48 billion, a price-to-earnings ratio of 22.80, a PEG ratio of 3.00 and a beta of 0.84.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. Dynatrace had a return on equity of 9.24% and a net margin of 27.33%.The company had revenue of $493.85 million for the quarter, compared to the consensus estimate of $487.33 million. During the same quarter last year, the company posted $0.37 earnings per share. The company’s revenue for the quarter was up 18.1% compared to the same quarter last year. 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, analysts forecast that Dynatrace will post 0.68 EPS for the current fiscal year.

Insider Transactions at Dynatrace

In other news, CAO Daniel S. Yates sold 2,000 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $46.69, for a total transaction of $93,380.00. Following the completion of the transaction, the chief accounting officer directly owned 23,380 shares of the company’s stock, valued at approximately $1,091,612.20. This trade represents a 7.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Rick M. Mcconnell sold 30,000 shares of the company’s stock in a transaction dated 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. The trade was a 21.72% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 39,843 shares of company stock valued at $1,846,424. Company insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Dynatrace

Several large investors have recently modified their holdings of the stock. NewEdge Advisors LLC lifted its position in shares of Dynatrace by 25.3% during the 1st quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock worth $431,000 after buying an additional 1,846 shares during the period. Jones Financial Companies Lllp lifted its holdings in Dynatrace by 19.2% during the 1st quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock valued at $102,000 after purchasing an additional 348 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in Dynatrace by 21.9% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 39,809 shares of the company’s stock valued at $2,198,000 after buying an additional 7,153 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in Dynatrace in the second quarter valued at about $411,000. Finally, QRG Capital Management Inc. grew its stake in Dynatrace by 18.4% during the second quarter. QRG Capital Management Inc. now owns 82,932 shares of the company’s stock worth $4,579,000 after buying an additional 12,906 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors.

Dynatrace Company Profile

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.