Forsta AP Fonden Purchases 75,500 Shares of Dynatrace, Inc. $DT

Forsta AP Fonden increased its position in Dynatrace, Inc. (NYSE:DT) by 60.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 200,400 shares of the company’s stock after acquiring an additional 75,500 shares during the quarter. Forsta AP Fonden’s holdings in Dynatrace were worth $8,685,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of DT. Norges Bank purchased a new stake in Dynatrace in the fourth quarter valued at approximately $9,170,000. Eurizon Capital SGR S.p.A. purchased a new stake in Dynatrace in the fourth quarter valued at approximately $2,204,000. Future Fund LLC raised its stake in Dynatrace by 42.3% in the fourth quarter. Future Fund LLC now owns 41,788 shares of the company’s stock valued at $1,811,000 after purchasing an additional 12,417 shares in the last quarter. National Pension Service raised its stake in Dynatrace by 184.4% in the fourth quarter. National Pension Service now owns 11,394 shares of the company’s stock valued at $494,000 after purchasing an additional 7,388 shares in the last quarter. Finally, Baker Avenue Asset Management LP raised its stake in Dynatrace by 101.0% in the fourth quarter. Baker Avenue Asset Management LP now owns 11,485 shares of the company’s stock valued at $498,000 after purchasing an additional 5,770 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.

Dynatrace Stock Performance

DT stock opened at $42.57 on Monday. The company has a market capitalization of $12.41 billion, a PE ratio of 78.83, a price-to-earnings-growth ratio of 2.84 and a beta of 0.75. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $57.55. The company’s 50 day moving average price is $37.43 and its two-hundred day moving average price is $39.74.

Dynatrace (NYSE:DT) last posted its quarterly 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 the consensus estimate of $521.01 million. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The business’s revenue was up 19.4% compared to the same quarter last year. During the same period last year, the firm posted $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. On average, research analysts predict that Dynatrace, Inc. will post 1.08 EPS for the current year.

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

Insider Activity at Dynatrace

In other Dynatrace news, EVP Stephen A. Mcmahon purchased 3,000 shares of the firm’s stock in a transaction 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 purchase, the executive vice president owned 3,454 shares of the company’s stock, valued at $123,480.50. The trade was a 660.79% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Barclays lowered their target price on shares of Dynatrace from $47.00 to $44.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. Cantor Fitzgerald lowered their target price on shares of Dynatrace from $51.00 to $37.00 and set a “neutral” rating on the stock in a research note on Friday, February 6th. Robert W. Baird set a $47.00 target price on shares of Dynatrace in a research note on Tuesday, February 10th. Canaccord Genuity Group lowered their target price on shares of Dynatrace from $50.00 to $46.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Finally, Royal Bank Of Canada lowered their target price on shares of Dynatrace from $50.00 to $45.00 and set an “outperform” rating on the stock in a research note on Thursday, May 14th. Twenty-one analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Dynatrace presently has a consensus rating of “Moderate Buy” and an average target price of $46.50.

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.