14,853 Dynatrace, Inc. $DT Shares Sold by TT International Asset Management LTD

TT International Asset Management LTD cut its position in Dynatrace, Inc. (NYSE:DT) by 54.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,356 shares of the company’s stock after selling 14,853 shares during the quarter. TT International Asset Management LTD’s holdings in Dynatrace were worth $713,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in DT. Argent Capital Management LLC acquired a new position in Dynatrace during the third quarter worth approximately $21,868,000. Wellington Management Group LLP lifted its stake 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 last quarter. Hsbc Holdings PLC lifted its stake in Dynatrace by 12.0% in the fourth quarter. Hsbc Holdings PLC now owns 243,259 shares of the company’s stock valued at $10,568,000 after buying an additional 26,129 shares during the last quarter. B.A. Schrock Wealth Management Inc. acquired a new stake in shares of Dynatrace in the third quarter valued at approximately $1,695,000. Finally, Globeflex Capital L P acquired a new stake in shares of Dynatrace in the second quarter valued at approximately $5,717,000. 94.28% of the stock is owned by institutional investors and hedge funds.

Dynatrace Stock Down 14.6%

DT opened at $47.06 on Wednesday. The business has a 50 day moving average price of $57.67 and a two-hundred day moving average price of $44.62. The company has a market cap of $13.60 billion, a PE ratio of 56.26, a P/E/G ratio of 3.38 and a beta of 0.76. Dynatrace, Inc. has a 52 week low of $31.64 and a 52 week high of $66.30.

Dynatrace (NYSE:DT) last posted its quarterly earnings data on Tuesday, November 3rd. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.05. Dynatrace had a return on equity of 11.07% and a net margin of 7.22%. The company had revenue of $579.92 million during the quarter, compared to analysts’ expectations of $568.03 million. During the same period last year, the firm earned $0.44 EPS. The firm’s revenue for the quarter was up 17.4% on a year-over-year basis. As a group, sell-side analysts expect that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.

Dynatrace declared that its board has authorized a share repurchase plan on Tuesday, November 3rd that permits the company to buy back $1 billion in shares. This repurchase authorization permits the company to buy up to 6.3% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. KeyCorp raised their target price on shares of Dynatrace from $53.00 to $61.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Wells Fargo & Company upped their price target on shares of Dynatrace from $60.00 to $75.00 and gave the company an “overweight” rating in a research report on Wednesday, October 28th. Truist Financial upped their price target on shares of Dynatrace from $60.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday, October 21st. Royal Bank Of Canada increased their price target on shares of Dynatrace from $59.00 to $73.00 and gave the stock an “outperform” rating in a research note on Monday, October 12th. Finally, Oppenheimer raised their price objective on shares of Dynatrace from $60.00 to $71.00 and gave the stock an “outperform” rating in a research report on Thursday, September 24th. Twenty-four equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Dynatrace presently has a consensus rating of “Moderate Buy” and a consensus target price of $63.52.

Dynatrace News Roundup

Here are the key news stories impacting Dynatrace this week:

• Positive Sentiment: Fiscal Q2 adjusted earnings of $0.54 per share topped the $0.49 consensus, and revenue of $579.92 million exceeded estimates of $568.03 million. Revenue grew 17.4% year over year, indicating continued demand and growth. Dynatrace Reports Second Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Dynatrace and CrowdStrike announced a strategic security and observability partnership, which could broaden the value of their offerings for enterprise customers. CrowdStrike and Dynatrace announce security and observability partnership
• Neutral Sentiment: Needham lowered its price target from $68 to $65, and BTIG cut its target from $73 to $63. Both firms maintained buy ratings, suggesting continued optimism but more conservative valuation expectations. Needham analyst ratings
• Negative Sentiment: Despite beating quarterly estimates, Dynatrace’s outlook was described as mixed. Investor concern about guidance appears to have outweighed the strong results and helps explain why the stock moved lower. Dynatrace drops as it offers mixed guidance after Q2 results

Insider Activity

In other news, EVP Bernd Greifeneder sold 50,000 shares of the company’s stock in a transaction that occurred on 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 sale, the executive vice president owned 904,846 shares in the company, valued at $51,766,239.66. This represents a 5.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.69% of the company’s stock.

Dynatrace Company 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.