Dynatrace (NYSE:DT – Get Free Report) had its price objective lowered by equities researchers at Rosenblatt Securities from $67.00 to $60.00 in a research note issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Rosenblatt Securities’ price objective suggests a potential upside of 58.54% from the stock’s current price.
Other research analysts have also recently issued reports about the stock. Scotiabank dropped their price objective on shares of Dynatrace from $67.00 to $60.00 and set an “outperform” rating for the company in a research note on Thursday, November 6th. Truist Financial dropped their price target on Dynatrace from $60.00 to $55.00 and set a “buy” rating for the company in a research report on Wednesday, November 19th. Wall Street Zen downgraded Dynatrace from a “buy” rating to a “hold” rating in a research report on Friday, October 3rd. Cantor Fitzgerald decreased their price objective on Dynatrace from $57.00 to $51.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Finally, TD Cowen cut their target price on shares of Dynatrace from $65.00 to $55.00 and set a “buy” rating for the company in a research note on Wednesday, January 21st. Eighteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $59.65.
View Our Latest Research Report on DT
Dynatrace Price Performance
Dynatrace (NYSE:DT – Get Free Report) last posted its earnings results on Wednesday, November 5th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. Dynatrace had a return on equity of 9.24% and a net margin of 27.33%.The company had revenue of $493.85 million for the quarter, compared to analyst estimates of $487.33 million. During the same quarter in the prior year, the company earned $0.37 earnings per share. Dynatrace’s revenue was up 18.1% compared to the same quarter last year. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS and its FY 2026 guidance at 1.620-1.640 EPS. On average, research analysts expect that Dynatrace will post 0.68 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Dynatrace news, CAO Daniel S. Yates sold 2,000 shares of the firm’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $46.69, for a total value of $93,380.00. Following the sale, the chief accounting officer directly owned 23,380 shares of the company’s stock, valued at approximately $1,091,612.20. This trade represents a 7.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Rick M. Mcconnell sold 30,000 shares of the company’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $46.61, for a total transaction of $1,398,300.00. Following the transaction, the chief executive officer directly owned 108,125 shares of the company’s stock, valued at approximately $5,039,706.25. This represents a 21.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 39,843 shares of company stock worth $1,846,424. 0.57% of the stock is owned by company insiders.
Hedge Funds Weigh In On Dynatrace
A number of hedge funds have recently made changes to their positions in the stock. MAI Capital Management raised its position in shares of Dynatrace by 122.4% in the 2nd quarter. MAI Capital Management now owns 547 shares of the company’s stock worth $30,000 after buying an additional 301 shares during the period. Cornerstone Planning Group LLC increased its stake in Dynatrace by 561.4% during 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 during the last quarter. V Square Quantitative Management LLC purchased a new position in shares of Dynatrace in the 4th quarter worth about $26,000. VSM Wealth Advisory LLC purchased a new position in shares of Dynatrace in the 2nd quarter worth about $34,000. Finally, Eastern Bank purchased a new stake in shares of Dynatrace during the 2nd quarter worth about $35,000. Institutional investors and hedge funds own 94.28% of the company’s stock.
Dynatrace Company 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.
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