Insider Selling: Dynatrace (NYSE:DT) EVP Sells 50,000 Shares of Stock

Key Points

• Dynatrace EVP Bernd Greifeneder sold 50,000 shares at an average price of $57.21, totaling approximately $2.86 million. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, leaving him with 904,846 shares.
• Dynatrace shares rose 2.1% to $56.31, near the company’s 52-week high of $57.23. The company recently exceeded quarterly earnings and revenue expectations, with revenue increasing 16.3% year over year.
• Analyst sentiment remains favorable, with 23 Buy ratings and seven Holds, producing a “Moderate Buy” consensus and an average price target of $56.07. Institutional investors own approximately 94.28% of the company.

Dynatrace, Inc. (NYSE:DT - Get Free Report) EVP Bernd Greifeneder sold 50,000 shares of the firm's stock in a transaction dated 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 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bernd Greifeneder also recently made the following trade(s):

• On Saturday, September 5th, Bernd Greifeneder sold 99 shares of Dynatrace stock. The shares were sold at an average price of $51.90, for a total transaction of $5,138.10.

Dynatrace Stock Up 2.1%

Shares of DT stock traded up $1.17 during trading hours on Monday, reaching $56.31. 9,455,213 shares of the stock traded hands, compared to its average volume of 6,448,414. The firm has a market capitalization of $16.27 billion, a PE ratio of 112.62, a PEG ratio of 3.39 and a beta of 0.74. Dynatrace, Inc. has a 1-year low of $31.64 and a 1-year high of $57.23. The business has a fifty day moving average price of $48.79 and a 200 day moving average price of $42.64.

Dynatrace (NYSE:DT - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.03. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The firm had revenue of $554.55 million for the quarter, compared to analysts' expectations of $550.01 million. During the same period in the previous year, the company posted $0.42 EPS. The company's quarterly revenue 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. Research analysts expect that Dynatrace, Inc. will post 1.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

DT has been the subject of several research analyst reports. Barclays increased their price objective on Dynatrace from $48.00 to $60.00 and gave the stock an "overweight" rating in a research note on Thursday, August 6th. TD Cowen increased their price target on shares of Dynatrace from $45.00 to $50.00 and gave the stock a "buy" rating in a research report on Wednesday, July 22nd. BMO Capital Markets boosted their price objective on shares of Dynatrace from $60.00 to $62.00 and gave the company an "outperform" rating in a research report on Tuesday, September 15th. DA Davidson increased their target price on shares of Dynatrace from $60.00 to $65.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Finally, Zacks Research lowered shares of Dynatrace from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 11th. Twenty-three analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Dynatrace currently has an average rating of "Moderate Buy" and a consensus target price of $56.07.

Hedge Funds Weigh In On Dynatrace

Institutional investors have recently bought and sold shares of the stock. Pictet Asset Management Holding SA boosted its stake in shares of Dynatrace by 7.9% during the 1st quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company's stock worth $584,649,000 after acquiring an additional 1,160,690 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of Dynatrace by 23.5% in the 2nd quarter. Wellington Management Group LLP now owns 11,528,792 shares of the company's stock valued at $506,229,000 after acquiring an additional 2,191,497 shares in the last quarter. Bank of America Corp DE lifted its holdings in Dynatrace by 304.7% in the 1st quarter. Bank of America Corp DE now owns 9,357,612 shares of the company's stock worth $346,044,000 after purchasing an additional 7,045,591 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Dynatrace by 2.3% in the 4th quarter. Geode Capital Management LLC now owns 6,098,443 shares of the company's stock worth $263,631,000 after purchasing an additional 137,225 shares during the last quarter. Finally, First Trust Advisors LP boosted its position in Dynatrace by 706.8% during the first quarter. First Trust Advisors LP now owns 6,801,507 shares of the company's stock worth $251,520,000 after purchasing an additional 5,958,505 shares during the period. 94.28% of the stock is currently owned by institutional investors.

About Dynatrace

Dynatrace, Inc is a software company that provides an observability and application security platform for organizations operating cloud, hybrid, and multicloud environments. Its platform is designed to help businesses monitor the performance, availability, and security of applications, infrastructure, networks, and user experiences from a unified environment.

The company's offerings include application performance monitoring, infrastructure and cloud monitoring, log and analytics capabilities, digital experience monitoring, application security, and software delivery insights.

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