MYDA Advisors LLC Has $3.03 Million Holdings in Dynatrace, Inc. $DT

MYDA Advisors LLC lessened its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 26.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 70,000 shares of the company’s stock after selling 25,000 shares during the period. MYDA Advisors LLC’s holdings in Dynatrace were worth $3,034,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Forsta AP Fonden increased its position in shares of Dynatrace by 60.4% in the fourth quarter. Forsta AP Fonden now owns 200,400 shares of the company’s stock worth $8,685,000 after purchasing an additional 75,500 shares during the period. UNIVEST FINANCIAL Corp bought a new position in shares of Dynatrace in the fourth quarter worth $1,212,000. LBP AM SA increased its position in shares of Dynatrace by 9.8% in the fourth quarter. LBP AM SA now owns 776,955 shares of the company’s stock worth $33,673,000 after purchasing an additional 69,318 shares during the period. Temasek Holdings Private Ltd increased its position in shares of Dynatrace by 125.1% in the third quarter. Temasek Holdings Private Ltd now owns 1,989,098 shares of the company’s stock worth $96,372,000 after purchasing an additional 1,105,508 shares during the period. Finally, AXQ Capital LP increased its position in shares of Dynatrace by 651.7% in the fourth quarter. AXQ Capital LP now owns 34,548 shares of the company’s stock worth $1,497,000 after purchasing an additional 29,952 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.

Dynatrace Price Performance

Shares of NYSE:DT opened at $40.81 on Monday. The company’s 50 day simple moving average is $38.44 and its 200 day simple moving average is $39.52. The stock has a market capitalization of $11.90 billion, a price-to-earnings ratio of 75.58, a price-to-earnings-growth ratio of 2.65 and a beta of 0.75. Dynatrace, Inc. has a 1 year low of $31.64 and a 1 year high of $57.55.

Dynatrace (NYSE:DT) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Dynatrace had a net margin of 8.06% and a return on equity of 10.37%. The business had revenue of $531.72 million for the quarter, compared to analysts’ expectations of $521.01 million. During the same period last year, the firm posted $0.33 earnings per share. The firm’s quarterly revenue was up 19.4% compared to the same quarter last year. 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, analysts anticipate that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DT. JPMorgan Chase & Co. decreased their price objective on shares of Dynatrace from $50.00 to $45.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. BTIG Research decreased their price objective on shares of Dynatrace from $53.00 to $47.00 and set a “buy” rating on the stock in a research note on Wednesday, May 13th. Citigroup decreased their price objective on shares of Dynatrace from $60.00 to $50.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Rosenblatt Securities decreased their price objective on shares of Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Finally, UBS Group decreased their price objective on shares of Dynatrace from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, May 14th. Twenty-one equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Dynatrace currently has an average 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.