Dynatrace, Inc. $DT Stock: Nisa Investment Advisors LLC Increases Stake

Nisa Investment Advisors LLC boosted its holdings in Dynatrace, Inc. (NYSE:DT) by 966.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,191 shares of the company’s stock after buying an additional 35,516 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Dynatrace were worth $2,263,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of DT. Pictet Asset Management Holding SA grew its position in Dynatrace by 7.9% in the first quarter. Pictet Asset Management Holding SA now owns 15,809,223 shares of the company’s stock valued at $584,649,000 after acquiring an additional 1,160,690 shares during the last quarter. Wellington Management Group LLP raised its stake in Dynatrace by 23.5% during the second quarter. Wellington Management Group LLP now owns 11,528,792 shares of the company’s stock worth $506,229,000 after acquiring an additional 2,191,497 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Dynatrace by 304.7% in the first quarter. Bank of America Corp DE now owns 9,357,612 shares of the company’s stock worth $346,044,000 after acquiring an additional 7,045,591 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Dynatrace by 706.8% in the first 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 last quarter. Finally, Amundi lifted its holdings in shares of Dynatrace by 461.5% in the first 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 last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Wedbush lowered shares of Dynatrace from an “outperform” rating to a “neutral” rating and set a $54.00 price target on the stock. in a report on Thursday, September 10th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $71.00 target price on shares of Dynatrace in a research note on Thursday, October 15th. Needham & Company LLC raised shares of Dynatrace from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a research note on Friday, September 18th. Scotiabank reiterated an “outperform” rating and set a $61.00 price target on shares of Dynatrace in a report on Thursday, August 6th. Finally, Weiss Ratings upgraded Dynatrace from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, September 16th. Twenty-four analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $60.90.

Insider Activity at Dynatrace

In related news, EVP Bernd Greifeneder sold 50,000 shares of the business’s stock in a transaction 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 sale, the executive vice president owned 904,846 shares of the company’s stock, valued at $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 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 Price Performance

NYSE:DT opened at $64.14 on Friday. The firm’s 50 day simple moving average is $56.36 and its 200 day simple moving average is $46.62. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $66.30. The company has a market cap of $18.54 billion, a PE ratio of 128.27, a P/E/G ratio of 3.94 and a beta of 0.77.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $550.01 million. During the same period in the prior year, the company posted $0.42 EPS. The company’s revenue was up 16.3% on a year-over-year basis. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. Equities research analysts expect that Dynatrace, Inc. will post 1.11 EPS for the current year.

Dynatrace Profile

Dynatrace, Inc provides an observability and application security platform designed to help organizations monitor, analyze and optimize complex digital environments. Its software uses artificial intelligence and automation to provide visibility across applications, infrastructure, cloud services, logs, user experiences and business operations.

The company’s products support application performance monitoring, infrastructure monitoring, digital experience monitoring, log and analytics management, cloud automation and application security.