Dynatrace (NYSE:DT) CEO Rick Mcconnell Sells 30,000 Shares

Dynatrace, Inc. (NYSE:DT) CEO Rick Mcconnell sold 30,000 shares of the stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $46.61, for a total value of $1,398,300.00. Following the completion of the sale, the chief executive officer owned 108,125 shares of the company’s stock, valued at approximately $5,039,706.25. This trade represents a 21.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Dynatrace Stock Performance

Dynatrace stock opened at $46.37 on Thursday. Dynatrace, Inc. has a one year low of $39.30 and a one year high of $63.00. The stock’s 50 day moving average price is $48.76 and its 200 day moving average price is $50.89. The firm has a market capitalization of $13.98 billion, a PE ratio of 27.77, a price-to-earnings-growth ratio of 3.72 and a beta of 0.85.

Dynatrace (NYSE:DT) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. The company had revenue of $493.85 million for the quarter, compared to analyst estimates of $487.33 million. Dynatrace had a net margin of 27.33% and a return on equity of 9.24%. The business’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.37 earnings per share. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS. FY 2026 guidance at 1.620-1.640 EPS. On average, analysts forecast that Dynatrace, Inc. will post 0.68 earnings per share for the current fiscal year.

Institutional Trading of Dynatrace

A number of institutional investors and hedge funds have recently made changes to their positions in DT. First Trust Advisors LP boosted its holdings in shares of Dynatrace by 43.6% during the third quarter. First Trust Advisors LP now owns 1,042,440 shares of the company’s stock valued at $50,506,000 after acquiring an additional 316,346 shares during the period. Orion Porfolio Solutions LLC increased its stake in shares of Dynatrace by 1.4% in the third quarter. Orion Porfolio Solutions LLC now owns 16,983 shares of the company’s stock valued at $823,000 after purchasing an additional 231 shares during the period. Davidson Capital Management Inc. acquired a new position in shares of Dynatrace during the third quarter worth approximately $3,098,000. Dimensional Fund Advisors LP grew its holdings in Dynatrace by 13.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,748,255 shares of the company’s stock worth $84,718,000 after buying an additional 207,708 shares in the last quarter. Finally, Cresset Asset Management LLC raised its stake in Dynatrace by 89.6% during the 3rd quarter. Cresset Asset Management LLC now owns 25,743 shares of the company’s stock valued at $1,247,000 after acquiring an additional 12,165 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on DT shares. Citigroup decreased their price objective on shares of Dynatrace from $68.00 to $64.00 and set a “buy” rating for the company in a research report on Monday, August 18th. Rosenblatt Securities reissued a “buy” rating and issued a $67.00 price target on shares of Dynatrace in a report on Thursday, November 6th. Weiss Ratings restated a “hold (c+)” rating on shares of Dynatrace in a report on Wednesday, October 8th. BMO Capital Markets reduced their target price on Dynatrace from $63.00 to $62.00 and set an “outperform” rating for the company in a research note on Thursday, August 7th. Finally, UBS Group set a $51.00 price target on shares of Dynatrace in a research report on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Dynatrace currently has a consensus rating of “Moderate Buy” and a consensus target price of $62.27.

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.