A&I Financial Services LLC Has $556,000 Stake in Dynatrace, Inc. $DT

Key Points

• A&I Financial Services LLC has reduced its stake in Dynatrace, Inc. by 38.9%, now holding 10,067 shares valued at approximately $556,000.
• Dynatrace reported Q2 earnings of $0.42 per share, exceeding analysts' expectations, with revenue of $477.35 million, a 19.5% increase year-over-year.
• Institutional investors own 94.28% of Dynatrace's stock, indicating significant institutional interest in the company.

A&I Financial Services LLC lessened its position in Dynatrace, Inc. (NYSE:DT - Free Report) by 38.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,067 shares of the company's stock after selling 6,414 shares during the period. A&I Financial Services LLC's holdings in Dynatrace were worth $556,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of DT. CX Institutional bought a new position in Dynatrace in the first quarter valued at about $40,000. Brooklyn Investment Group grew its position in Dynatrace by 761.9% in the first quarter. Brooklyn Investment Group now owns 905 shares of the company's stock valued at $43,000 after purchasing an additional 800 shares in the last quarter. Opal Wealth Advisors LLC bought a new stake in Dynatrace during the first quarter worth $45,000. MassMutual Private Wealth & Trust FSB raised its stake in Dynatrace by 35.4% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 979 shares of the company's stock valued at $46,000 after acquiring an additional 256 shares during the period. Finally, Global Financial Private Client LLC grew its holdings in Dynatrace by 344.0% in the 1st quarter. Global Financial Private Client LLC now owns 1,110 shares of the company's stock valued at $52,000 after buying an additional 860 shares in the last quarter. 94.28% of the stock is owned by institutional investors.

Dynatrace Stock Performance

Shares of DT stock traded down $0.20 during trading hours on Friday, reaching $48.40. The company had a trading volume of 5,497,936 shares, compared to its average volume of 3,523,365. The company has a market capitalization of $14.59 billion, a price-to-earnings ratio of 29.69, a PEG ratio of 4.25 and a beta of 0.91. Dynatrace, Inc. has a 12-month low of $39.30 and a 12-month high of $63.00. The stock has a fifty day moving average of $50.21 and a 200-day moving average of $50.28.

Dynatrace (NYSE:DT - Get Free Report) last released its earnings results on Wednesday, August 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.04. Dynatrace had a return on equity of 9.15% and a net margin of 27.75%.The firm had revenue of $477.35 million during the quarter, compared to analyst estimates of $467.39 million. During the same period last year, the business posted $0.33 earnings per share. Dynatrace's revenue was up 19.5% compared to the same quarter last year. On average, analysts forecast that Dynatrace, Inc. will post 0.68 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Oppenheimer assumed coverage on Dynatrace in a report on Wednesday, August 27th. They set an "outperform" rating and a $65.00 target price on the stock. Guggenheim increased their price objective on shares of Dynatrace from $66.00 to $68.00 and gave the stock a "buy" rating in a research report on Thursday, August 7th. KeyCorp assumed coverage on shares of Dynatrace in a research note on Tuesday, June 10th. They issued an "overweight" rating and a $69.00 price objective on the stock. Wall Street Zen upgraded shares of Dynatrace from a "hold" rating to a "buy" rating in a research note on Saturday, September 13th. Finally, Citigroup cut their price objective on Dynatrace from $68.00 to $64.00 and set a "buy" rating on the stock in a research report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $62.72.

Insider Transactions at Dynatrace

In other Dynatrace news, Director Lisa M. Campbell sold 1,013 shares of the company's stock in a transaction on Friday, September 5th. The shares were sold at an average price of $49.77, for a total transaction of $50,417.01. Following the completion of the transaction, the director owned 1,012 shares in the company, valued at approximately $50,367.24. This represents a 50.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Daniel S. Yates sold 2,000 shares of the firm's stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $49.89, for a total value of $99,780.00. Following the completion of the transaction, the chief accounting officer directly owned 22,555 shares of the company's stock, valued at $1,125,268.95. The trade was a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,099 shares of company stock valued at $154,429 over the last ninety days. Corporate insiders own 0.57% of the company's stock.

About Dynatrace

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.