Eleva Capital SAS Buys New Position in Dynatrace, Inc. $DT

Key Points

• Eleva Capital SAS initiated a position in Dynatrace during the third quarter, buying 29,186 shares valued at approximately $1.69 million. Institutional investors and hedge funds collectively own 94.28% of the company.
• Dynatrace reported quarterly EPS of $0.48, exceeding estimates by $0.03, while revenue rose 16.3% year over year to $554.55 million. The company issued fiscal 2027 EPS guidance of $1.97–$1.99.
• Shares recently traded near $60.83, close to their 52-week high of $61.58. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $56.89, although an executive sold 50,000 shares under a pre-arranged trading plan.

Eleva Capital SAS purchased a new position in shares of Dynatrace, Inc. (NYSE:DT - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 29,186 shares of the company's stock, valued at approximately $1,685,000. Dynatrace comprises approximately 1.4% of Eleva Capital SAS's portfolio, making the stock its 15th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DT. Pictet Asset Management Holding SA grew its holdings in shares of Dynatrace by 7.9% during the first quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company's stock worth $584,649,000 after purchasing an additional 1,160,690 shares during the last quarter. Wellington Management Group LLP lifted its holdings in 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 buying an additional 2,191,497 shares during the period. Bank of America Corp DE boosted its stake in Dynatrace by 304.7% in the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company's stock valued at $346,044,000 after acquiring an additional 7,045,591 shares during the last quarter. First Trust Advisors LP grew its holdings in Dynatrace by 706.8% during the 1st quarter. First Trust Advisors LP now owns 6,801,507 shares of the company's stock worth $251,520,000 after acquiring an additional 5,958,505 shares during the period. Finally, Amundi grew its holdings in Dynatrace by 461.5% during the 1st quarter. Amundi now owns 6,238,938 shares of the company's stock worth $230,716,000 after acquiring an additional 5,127,910 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

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

Dynatrace Stock Performance

DT stock traded up $0.62 during midday trading on Tuesday, hitting $60.83. 1,923,854 shares of the company's stock were exchanged, compared to its average volume of 6,440,428. The stock's fifty day moving average price is $52.03 and its 200-day moving average price is $44.18. The company has a market cap of $17.58 billion, a PE ratio of 121.64, a price-to-earnings-growth ratio of 3.67 and a beta of 0.77. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $61.58.

Dynatrace (NYSE:DT - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.03. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%.The company had revenue of $554.55 million during the quarter, compared to the consensus estimate of $550.01 million. During the same period in the prior year, the company earned $0.42 earnings per share. The company's revenue for the quarter was up 16.3% compared to the same quarter last year. 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, analysts expect that Dynatrace, Inc. will post 1.1 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on DT. Jefferies Financial Group restated a "buy" rating on shares of Dynatrace in a research report on Wednesday, August 5th. Rosenblatt Securities reissued a "buy" rating and issued a $52.00 target price on shares of Dynatrace in a research note on Tuesday, August 4th. Cantor Fitzgerald raised their target price on Dynatrace from $37.00 to $47.00 and gave the stock a "neutral" rating in a report on Monday, August 3rd. Needham & Company LLC upgraded Dynatrace from a "hold" rating to a "buy" rating and set a $68.00 target price for the company in a research report on Friday, September 18th. Finally, Zacks Research cut Dynatrace from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 11th. Twenty-three research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $56.89.

Dynatrace Company 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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