Dynatrace, Inc. (NYSE:DT – Free Report) – Stock analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for shares of Dynatrace in a report released on Tuesday, January 21st. Cantor Fitzgerald analyst T. Blakey anticipates that the company will earn $0.70 per share for the year. Cantor Fitzgerald has a “Hold” rating and a $58.00 price objective on the stock. The consensus estimate for Dynatrace’s current full-year earnings is $0.68 per share.
Several other brokerages also recently commented on DT. BMO Capital Markets lifted their target price on shares of Dynatrace from $53.00 to $61.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Jefferies Financial Group boosted their price objective on Dynatrace from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Wedbush initiated coverage on Dynatrace in a report on Thursday, October 17th. They issued an “outperform” rating and a $67.00 target price on the stock. Guggenheim reiterated a “neutral” rating on shares of Dynatrace in a report on Wednesday. Finally, BNP Paribas started coverage on shares of Dynatrace in a research note on Tuesday, October 8th. They issued a “neutral” rating and a $52.00 price objective on the stock. Eight research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. According to data from MarketBeat, Dynatrace has an average rating of “Moderate Buy” and an average target price of $61.68.
Dynatrace Price Performance
Shares of NYSE:DT opened at $55.64 on Friday. The stock has a market capitalization of $16.61 billion, a P/E ratio of 101.16, a P/E/G ratio of 7.94 and a beta of 1.02. The business has a 50-day moving average of $54.31 and a two-hundred day moving average of $51.54. Dynatrace has a fifty-two week low of $39.42 and a fifty-two week high of $61.41.
Insider Buying and Selling at Dynatrace
In other news, EVP Bernd Greifeneder sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $57.83, for a total transaction of $2,891,500.00. Following the completion of the sale, the executive vice president now owns 1,007,038 shares of the company’s stock, valued at approximately $58,237,007.54. This represents a 4.73 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.59% of the company’s stock.
Institutional Trading of Dynatrace
Institutional investors and hedge funds have recently modified their holdings of the business. Eminence Capital LP bought a new stake in shares of Dynatrace during the second quarter worth $158,369,000. Holocene Advisors LP bought a new stake in Dynatrace during the 3rd quarter worth $126,592,000. State Street Corp grew its position in Dynatrace by 14.6% during the 3rd quarter. State Street Corp now owns 9,468,594 shares of the company’s stock worth $506,286,000 after acquiring an additional 1,207,621 shares during the last quarter. Barclays PLC increased its holdings in Dynatrace by 85.3% in the 3rd quarter. Barclays PLC now owns 2,133,462 shares of the company’s stock worth $114,076,000 after purchasing an additional 981,964 shares in the last quarter. Finally, Dorsal Capital Management LP raised its position in Dynatrace by 118.8% in the second quarter. Dorsal Capital Management LP now owns 1,750,000 shares of the company’s stock valued at $78,295,000 after purchasing an additional 950,000 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors.
Dynatrace Company Profile
Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.
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