Dynatrace, Inc. $DT Shares Sold by TimesSquare Capital Management LLC

TimesSquare Capital Management LLC lowered its stake in Dynatrace, Inc. (NYSE:DT) by 3.7% during the fourth quarter, HoldingsChannel reports. The firm owned 1,271,294 shares of the company’s stock after selling 49,490 shares during the quarter. TimesSquare Capital Management LLC’s holdings in Dynatrace were worth $55,098,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of DT. NewEdge Advisors LLC increased its holdings in shares of Dynatrace by 25.3% in the first quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock valued at $431,000 after purchasing an additional 1,846 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of Dynatrace by 19.2% in the first quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock valued at $102,000 after purchasing an additional 348 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Dynatrace by 21.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock valued at $85,000 after buying an additional 272 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Dynatrace by 38.9% in the second quarter. Invesco Ltd. now owns 793,630 shares of the company’s stock valued at $43,816,000 after buying an additional 222,395 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in shares of Dynatrace in the second quarter valued at approximately $410,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Stock Performance

DT opened at $39.79 on Tuesday. The business’s fifty day moving average is $37.13 and its two-hundred day moving average is $40.24. The company has a market cap of $11.87 billion, a price-to-earnings ratio of 73.68, a PEG ratio of 2.57 and a beta of 0.70. Dynatrace, Inc. has a one year low of $31.64 and a one year high of $57.55.

Dynatrace (NYSE:DT) last posted its earnings results on Wednesday, May 13th. The company reported $0.41 EPS for the quarter, topping 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 the consensus estimate of $521.01 million. During the same period in the previous year, the business earned $0.33 earnings per share. Dynatrace’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. On average, analysts predict that Dynatrace, Inc. will post 1.08 EPS for the current fiscal year.

Dynatrace announced that its Board of Directors 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 repurchase up to 9.8% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Insider Activity

In related news, EVP Stephen A. Mcmahon acquired 3,000 shares of Dynatrace stock in a transaction dated Tuesday, March 3rd. The shares were acquired at an average cost of $35.75 per share, for a total transaction of $107,250.00. Following the completion of the transaction, the executive vice president directly owned 3,454 shares of the company’s stock, valued at $123,480.50. The trade was a 660.79% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.57% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. Robert W. Baird set a $47.00 price target on Dynatrace in a research note on Tuesday, February 10th. Morgan Stanley decreased their price target on Dynatrace from $43.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Thursday. Keefe, Bruyette & Woods upgraded Dynatrace to a “buy” rating in a research note on Monday, February 9th. Raymond James Financial restated a “market perform” rating on shares of Dynatrace in a research note on Monday, February 9th. Finally, Rosenblatt Securities decreased their price target on Dynatrace from $60.00 to $52.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Twenty research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently 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.