111 Capital Sells 12,996 Shares of Dynatrace, Inc. $DT

111 Capital lessened its holdings in shares of Dynatrace, Inc. (NYSE:DTFree Report) by 61.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 8,089 shares of the company’s stock after selling 12,996 shares during the period. 111 Capital’s holdings in Dynatrace were worth $351,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new stake in shares of Dynatrace during the fourth quarter worth $26,000. RHL Group LLC bought a new stake in shares of Dynatrace during the fourth quarter worth $30,000. Larson Financial Group LLC raised its position in shares of Dynatrace by 168.8% during the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after acquiring an additional 508 shares during the last quarter. True Wealth Design LLC raised its position in shares of Dynatrace by 99.6% during the fourth quarter. True Wealth Design LLC now owns 896 shares of the company’s stock worth $39,000 after acquiring an additional 447 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Dynatrace by 21.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock worth $85,000 after acquiring an additional 272 shares during the last quarter. Institutional investors own 94.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on DT. JPMorgan Chase & Co. dropped their target price on Dynatrace from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Thursday, May 14th. BTIG Research dropped their target price on Dynatrace from $53.00 to $47.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Wedbush set a $48.00 target price on Dynatrace in a research report on Friday, May 15th. Royal Bank Of Canada dropped their target price on Dynatrace from $50.00 to $45.00 and set an “outperform” rating for the company in a research report on Thursday, May 14th. Finally, TD Cowen dropped their target price on Dynatrace from $60.00 to $50.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Twenty-one investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Dynatrace currently has a consensus rating of “Moderate Buy” and a consensus price target of $46.50.

View Our Latest Stock Report on DT

Dynatrace Stock Down 2.3%

Shares of Dynatrace stock opened at $42.26 on Friday. Dynatrace, Inc. has a 12 month low of $31.64 and a 12 month high of $57.55. The business has a fifty day simple moving average of $38.03 and a 200 day simple moving average of $39.68. The stock has a market cap of $12.32 billion, a PE ratio of 78.25, a price-to-earnings-growth ratio of 2.74 and a beta of 0.75.

Dynatrace (NYSE:DTGet Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The business had revenue of $531.72 million during the quarter, compared to analysts’ expectations of $521.01 million. During the same period in the previous year, the firm earned $0.33 earnings per share. The firm’s quarterly revenue was up 19.4% compared to the same quarter last year. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. Analysts expect that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.

Dynatrace announced that its Board of Directors has approved a share repurchase plan on Monday, February 9th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the company to repurchase up to 9.8% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Dynatrace Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Dynatrace (NYSE:DT)

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