Argent Capital Management LLC Makes New Investment in Dynatrace, Inc. $DT

Key Points

• Argent Capital Management initiated a Dynatrace position by purchasing 378,739 shares valued at approximately $21.9 million, while institutional investors collectively own 94.28% of the company.
• Dynatrace reported quarterly EPS of $0.48, exceeding estimates of $0.45, with revenue rising 16.3% year over year to $554.55 million.
• The stock recently traded near its 52-week high at $60.11. Analysts maintain a “Moderate Buy” consensus, with an average price target of $56.89, while an executive sold 50,000 shares under a pre-arranged trading plan.

Argent Capital Management LLC purchased a new position in Dynatrace, Inc. (NYSE:DT - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 378,739 shares of the company's stock, valued at approximately $21,868,000. Argent Capital Management LLC owned approximately 0.13% of Dynatrace at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of DT. Hsbc Holdings PLC grew its position in Dynatrace by 12.0% during the 4th quarter. Hsbc Holdings PLC now owns 243,259 shares of the company's stock worth $10,568,000 after purchasing an additional 26,129 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of Dynatrace by 23.5% in the second quarter. Wellington Management Group LLP now owns 11,528,792 shares of the company's stock valued at $506,229,000 after purchasing an additional 2,191,497 shares in the last quarter. Fox Run Management L.L.C. boosted its position in shares of Dynatrace by 98.4% in the fourth quarter. Fox Run Management L.L.C. now owns 53,422 shares of the company's stock worth $2,315,000 after buying an additional 26,494 shares during the period. Eminence Capital LP boosted its position in shares of Dynatrace by 33.0% in the fourth quarter. Eminence Capital LP now owns 4,527,266 shares of the company's stock worth $196,212,000 after buying an additional 1,122,855 shares during the period. Finally, American Capital Management Inc. purchased a new position in shares of Dynatrace during the first quarter valued at $38,987,000. Institutional investors and hedge funds own 94.28% of the company's stock.

Dynatrace Price Performance

DT traded up $0.79 during midday trading on Monday, hitting $60.11. 1,499,033 shares of the company's stock traded hands, compared to its average volume of 6,440,724. The company has a market cap of $17.37 billion, a PE ratio of 120.23, a price-to-earnings-growth ratio of 3.67 and a beta of 0.77. The stock's fifty day simple moving average is $51.70 and its 200-day simple moving average is $44.03. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $60.68.

Dynatrace (NYSE:DT - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.45 by $0.03. The company had revenue of $554.55 million for the quarter, compared to analyst estimates of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. Dynatrace's quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.42 EPS. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. On average, research analysts expect that Dynatrace, Inc. will post 1.1 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on DT shares. Citigroup raised their price objective on Dynatrace from $62.00 to $65.00 and gave the stock a "buy" rating in a research report on Tuesday, August 18th. Royal Bank Of Canada upped their target price on Dynatrace from $50.00 to $59.00 and gave the company an "outperform" rating in a report on Thursday, August 6th. Canaccord Genuity Group increased their price target on shares of Dynatrace from $46.00 to $60.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. BTIG Research restated a "buy" rating and set a $62.00 price target on shares of Dynatrace in a report on Tuesday, September 15th. Finally, KeyCorp boosted their price objective on shares of Dynatrace from $53.00 to $61.00 and gave the company an "overweight" rating in a research report on Thursday, August 6th. Twenty-three investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $56.89.

Insider Buying and Selling at Dynatrace

In other Dynatrace news, EVP Bernd Greifeneder sold 50,000 shares of the company's stock in a transaction that occurred on Friday, September 18th. The stock was sold at an average price of $57.21, for a total transaction of $2,860,500.00. Following the completion of the sale, the executive vice president owned 904,846 shares of the company's stock, valued at $51,766,239.66. This represents a 5.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.69% of the stock is owned by corporate insiders.

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.

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