Dynatrace, Inc. $DT Shares Sold by Legal & General Group Plc

Legal & General Group Plc lessened its holdings in Dynatrace, Inc. (NYSE:DT) by 1.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,125,951 shares of the company’s stock after selling 17,067 shares during the quarter. Legal & General Group Plc owned 0.37% of Dynatrace worth $48,799,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. V Square Quantitative Management LLC acquired a new stake in Dynatrace in the fourth quarter worth about $26,000. Cornerstone Planning Group LLC boosted its holdings in Dynatrace by 561.4% in the third quarter. Cornerstone Planning Group LLC now owns 582 shares of the company’s stock worth $28,000 after acquiring an additional 494 shares in the last quarter. RHL Group LLC acquired a new stake in Dynatrace in the fourth quarter worth about $30,000. Larson Financial Group LLC boosted its holdings in Dynatrace by 168.8% in the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after acquiring an additional 508 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. acquired a new stake in Dynatrace in the third quarter worth about $37,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Wall Street Analysts Forecast Growth

DT has been the subject of several research analyst reports. Stifel Nicolaus set a $51.00 price objective on Dynatrace in a research note on Monday, February 9th. Robert W. Baird set a $47.00 price objective on Dynatrace in a research note on Tuesday, February 10th. Guggenheim cut Dynatrace from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 13th. BTIG Research reduced their price objective on Dynatrace from $53.00 to $47.00 and set a “buy” rating for the company in a research note on Wednesday, May 13th. Finally, JPMorgan Chase & Co. reduced their price objective on Dynatrace from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Twenty-one investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Dynatrace has a consensus rating of “Moderate Buy” and a consensus price target of $46.50.

Insider Buying and Selling

In related news, EVP Stephen A. Mcmahon bought 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were purchased at an average cost of $35.75 per share, with a total value of $107,250.00. Following the completion of the acquisition, the executive vice president directly owned 3,454 shares in the company, valued at approximately $123,480.50. The trade was a 660.79% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.57% of the stock is currently owned by company insiders.

Dynatrace Stock Up 5.1%

Shares of NYSE:DT opened at $42.57 on Friday. Dynatrace, Inc. has a 52-week low of $31.64 and a 52-week high of $57.55. The stock has a market cap of $12.41 billion, a price-to-earnings ratio of 78.83, a PEG ratio of 2.72 and a beta of 0.70. The business has a 50-day moving average price of $37.43 and a 200-day moving average price of $39.78.

Dynatrace (NYSE:DT) last posted its earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. The firm had revenue of $531.72 million for the quarter, compared to analyst estimates of $521.01 million. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.Dynatrace’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same period last year, the company earned $0.33 earnings per share. Dynatrace has set its FY 2027 guidance at 1.930-1.950 EPS and its Q1 2027 guidance at 0.440-0.450 EPS. As a group, equities analysts anticipate that Dynatrace, Inc. will post 1.08 EPS for the current fiscal year.

Dynatrace announced that its board has approved a stock repurchase program on Monday, February 9th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 9.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Dynatrace Profile

Dynatrace is a global software intelligence company specializing in application performance management (APM), cloud infrastructure monitoring, and digital experience management. Its flagship offering, the Dynatrace Software Intelligence Platform, leverages artificial intelligence to provide real-time observability across distributed environments, including on-premises data centers, private clouds, public clouds and hybrid deployments. Organizations rely on Dynatrace to detect anomalies, troubleshoot performance issues and optimize end-user experiences through automated root-cause analysis powered by the company’s engine, Davis.

The Dynatrace platform comprises modules for full-stack application monitoring, digital experience monitoring, infrastructure monitoring and business analytics.