GSA Capital Partners LLP Invests $1.71 Million in Dynatrace, Inc. $DT

GSA Capital Partners LLP bought a new position in shares of Dynatrace, Inc. (NYSE:DT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 39,406 shares of the company’s stock, valued at approximately $1,708,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Tredje AP fonden grew its stake in Dynatrace by 21.8% in the fourth quarter. Tredje AP fonden now owns 45,764 shares of the company’s stock worth $1,983,000 after purchasing an additional 8,195 shares in the last quarter. Larson Financial Group LLC grew its stake 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 purchasing an additional 508 shares in the last quarter. ProShare Advisors LLC grew its stake in Dynatrace by 2.3% in the fourth quarter. ProShare Advisors LLC now owns 18,954 shares of the company’s stock worth $821,000 after purchasing an additional 426 shares in the last quarter. HighTower Advisors LLC grew its stake in Dynatrace by 4.2% in the fourth quarter. HighTower Advisors LLC now owns 23,033 shares of the company’s stock worth $998,000 after purchasing an additional 936 shares in the last quarter. Finally, North Dakota State Investment Board acquired a new position in Dynatrace in the fourth quarter worth about $448,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on DT shares. Jefferies Financial Group decreased their target price on Dynatrace from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, May 14th. Guggenheim downgraded Dynatrace from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 13th. JPMorgan Chase & Co. decreased their target price on Dynatrace from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Thursday, May 14th. Royal Bank Of Canada decreased their target price on Dynatrace from $50.00 to $45.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. Finally, Raymond James Financial restated a “market perform” rating on shares of Dynatrace in a research note on Monday, February 9th. Twenty analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $46.50.

Insider Buying and Selling

In other 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 price 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. This trade represents a 660.79% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.57% of the stock is currently owned by insiders.

Dynatrace Trading Up 0.4%

DT opened at $40.02 on Wednesday. The business’s 50 day moving average is $37.15 and its 200-day moving average is $40.18. The stock has a market cap of $11.94 billion, a PE ratio of 74.11, a price-to-earnings-growth ratio of 2.67 and a beta of 0.70. Dynatrace, Inc. has a twelve month low of $31.64 and a twelve month high of $57.55.

Dynatrace (NYSE:DT) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Dynatrace had a return on equity of 10.37% and a net margin of 8.06%.The company had revenue of $531.72 million for the quarter, compared to analysts’ expectations of $521.01 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. The business’s revenue for the quarter 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 forecast that Dynatrace, Inc. will post 1.08 EPS for the current year.

Dynatrace declared that its board has initiated a stock buyback plan on Monday, February 9th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 9.8% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

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.