V Square Quantitative Management LLC Invests $32,000 in Dynatrace, Inc. (NYSE:DT)

V Square Quantitative Management LLC purchased a new stake in Dynatrace, Inc. (NYSE:DT) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 724 shares of the company’s stock, valued at approximately $32,000.

Other institutional investors have also modified their holdings of the company. Geneos Wealth Management Inc. boosted its stake in Dynatrace by 76.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 530 shares of the company’s stock worth $25,000 after purchasing an additional 230 shares during the period. Versant Capital Management Inc increased its position in Dynatrace by 3,813.3% in the 2nd quarter. Versant Capital Management Inc now owns 587 shares of the company’s stock valued at $26,000 after acquiring an additional 572 shares during the period. DSM Capital Partners LLC acquired a new stake in Dynatrace during the 4th quarter worth approximately $28,000. Rise Advisors LLC purchased a new stake in shares of Dynatrace during the first quarter worth approximately $30,000. Finally, NewSquare Capital LLC acquired a new position in Dynatrace in the 4th quarter valued at $32,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Insider Transactions at Dynatrace

In other news, EVP Dan Zugelder sold 18,870 shares of Dynatrace stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $46.72, for a total transaction of $881,606.40. Following the transaction, the executive vice president now owns 253,176 shares in the company, valued at $11,828,382.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Rick M. Mcconnell sold 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 13th. The stock was sold at an average price of $46.41, for a total value of $2,320,500.00. Following the transaction, the chief executive officer now directly owns 732,491 shares of the company’s stock, valued at approximately $33,994,907.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Dan Zugelder sold 18,870 shares of the stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $46.72, for a total value of $881,606.40. Following the transaction, the executive vice president now owns 253,176 shares in the company, valued at approximately $11,828,382.72. The disclosure for this sale can be found here. Insiders have sold 84,274 shares of company stock valued at $3,883,271 over the last three months. Company insiders own 0.54% of the company’s stock.

Dynatrace Trading Up 2.1 %

DT stock traded up $0.99 during midday trading on Thursday, hitting $48.87. 128,764 shares of the company’s stock were exchanged, compared to its average volume of 3,585,139. Dynatrace, Inc. has a 12-month low of $39.42 and a 12-month high of $61.41. The stock has a market capitalization of $14.57 billion, a price-to-earnings ratio of 92.08, a price-to-earnings-growth ratio of 6.40 and a beta of 1.04. The firm has a 50 day moving average price of $44.60 and a 200-day moving average price of $47.07.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.04. Dynatrace had a return on equity of 9.89% and a net margin of 10.81%. The business had revenue of $399.20 million for the quarter, compared to analysts’ expectations of $392.22 million. During the same period in the prior year, the firm earned $0.16 EPS. The business’s quarterly revenue was up 19.9% on a year-over-year basis. On average, sell-side analysts forecast that Dynatrace, Inc. will post 0.71 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DT has been the topic of a number of recent analyst reports. Robert W. Baird dropped their price objective on Dynatrace from $65.00 to $62.00 and set an “outperform” rating on the stock in a report on Thursday, May 16th. Loop Capital cut their price target on shares of Dynatrace from $50.00 to $45.00 and set a “hold” rating for the company in a report on Wednesday, June 26th. Piper Sandler assumed coverage on shares of Dynatrace in a report on Thursday, June 27th. They set a “neutral” rating and a $50.00 price objective on the stock. Wells Fargo & Company lowered their target price on shares of Dynatrace from $60.00 to $50.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 6th. Finally, Scotiabank boosted their price target on Dynatrace from $52.00 to $55.00 and gave the stock a “sector outperform” rating in a research note on Thursday, August 8th. Six research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $59.70.

Dynatrace Company Profile

Dynatrace, Inc provides a security platform for multicloud environments. It 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.