Y Intercept Hong Kong Ltd Sells 65,098 Shares of Dynatrace, Inc. $DT

Y Intercept Hong Kong Ltd trimmed its position in Dynatrace, Inc. (NYSE:DT) by 86.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,355 shares of the company’s stock after selling 65,098 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Dynatrace were worth $455,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of DT. V Square Quantitative Management LLC acquired a new position in Dynatrace in the 4th quarter valued at $26,000. Brown Lisle Cummings Inc. lifted its position in Dynatrace by 218.8% during the 1st quarter. Brown Lisle Cummings Inc. now owns 797 shares of the company’s stock worth $29,000 after acquiring an additional 547 shares during the last quarter. RHL Group LLC acquired a new position in Dynatrace during the 4th quarter worth $30,000. CX Institutional lifted its position in Dynatrace by 1,119.0% during the 2nd quarter. CX Institutional now owns 707 shares of the company’s stock worth $31,000 after acquiring an additional 649 shares during the last quarter. Finally, Larson Financial Group LLC boosted its holdings in Dynatrace by 168.8% during the fourth quarter. Larson Financial Group LLC now owns 809 shares of the company’s stock valued at $35,000 after acquiring an additional 508 shares during the period. 94.28% of the stock is owned by institutional investors.

Dynatrace Price Performance

NYSE DT opened at $49.52 on Thursday. The company’s fifty day moving average is $43.84 and its two-hundred day moving average is $39.80. Dynatrace, Inc. has a 52-week low of $31.64 and a 52-week high of $53.28. The firm has a market capitalization of $14.31 billion, a price-to-earnings ratio of 99.04, a P/E/G ratio of 2.97 and a beta of 0.72.

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 business had revenue of $554.55 million during the quarter, compared to analyst estimates of $550.01 million. During the same quarter in the prior year, the business earned $0.42 earnings per share. The firm’s revenue for the quarter 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. As a group, sell-side analysts expect that Dynatrace, Inc. will post 1.14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on DT. Zacks Research raised Dynatrace from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. Canaccord Genuity Group increased their target price on Dynatrace from $46.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Rothschild & Co Redburn started coverage on Dynatrace in a report on Thursday, April 23rd. They issued a “neutral” rating and a $40.00 target price on the stock. BTIG Research raised their target price on Dynatrace from $47.00 to $62.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Dynatrace in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Dynatrace currently has an average rating of “Moderate Buy” and an average price target of $53.77.

Dynatrace 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.