Dynatrace, Inc. $DT Shares Sold by Squarepoint Ops LLC

Squarepoint Ops LLC cut its stake in shares of Dynatrace, Inc. (NYSE:DT) by 80.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 462,795 shares of the company’s stock after selling 1,933,412 shares during the quarter. Squarepoint Ops LLC owned approximately 0.16% of Dynatrace worth $20,321,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in DT. Brown Lisle Cummings Inc. increased its stake in shares of Dynatrace by 218.8% in the first quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock valued at $29,000 after purchasing an additional 547 shares during the period. RHL Group LLC acquired a new position in shares of Dynatrace during the fourth quarter worth approximately $30,000. CX Institutional boosted its position in shares of Dynatrace by 1,119.0% during the second quarter. CX Institutional now owns 707 shares of the company’s stock worth $31,000 after buying an additional 649 shares during the period. Larson Financial Group LLC grew its holdings in Dynatrace by 168.8% in the 4th quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock worth $35,000 after buying an additional 508 shares in the last quarter. Finally, SJS Investment Consulting Inc. grew its holdings in Dynatrace by 577.2% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,483 shares of the company’s stock worth $55,000 after buying an additional 1,264 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Dynatrace Stock Up 0.5%

Shares of Dynatrace stock opened at $50.53 on Thursday. Dynatrace, Inc. has a 12 month low of $31.64 and a 12 month high of $54.83. The stock has a market cap of $14.60 billion, a PE ratio of 101.06, a price-to-earnings-growth ratio of 3.07 and a beta of 0.74. The business has a fifty day simple moving average of $47.51 and a 200-day simple moving average of $41.73.

Dynatrace (NYSE:DT) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.03. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The firm had revenue of $554.55 million for the quarter, compared to the consensus estimate of $550.01 million. During the same period in the previous year, the firm posted $0.42 earnings per share. The firm’s revenue was up 16.3% on a year-over-year basis. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. Analysts expect that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DT has been the topic of a number of research analyst reports. Jefferies Financial Group reissued a “buy” rating on shares of Dynatrace in a report on Wednesday, August 5th. Citigroup increased their target price on shares of Dynatrace from $62.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, August 18th. Barclays raised their target price on shares of Dynatrace from $48.00 to $60.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of Dynatrace from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 9th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Dynatrace in a report on Thursday, August 6th. Twenty-three equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Dynatrace has a consensus rating of “Moderate Buy” and an average target price of $54.81.

About Dynatrace

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.