Dynatrace, Inc. (NYSE:DT – Free Report) – Research analysts at Cantor Fitzgerald upped their FY2025 earnings per share (EPS) estimates for shares of Dynatrace in a note issued to investors on Friday, January 31st. Cantor Fitzgerald analyst T. Blakey now forecasts that the company will post earnings per share of $0.73 for the year, up from their prior forecast of $0.70. Cantor Fitzgerald has a “Neutral” rating and a $57.00 price objective on the stock. The consensus estimate for Dynatrace’s current full-year earnings is $0.69 per share.
Several other analysts have also recently issued reports on the stock. Morgan Stanley upped their price target on shares of Dynatrace from $59.00 to $62.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Needham & Company LLC reaffirmed a “hold” rating on shares of Dynatrace in a research report on Friday, January 31st. BMO Capital Markets lifted their price target on Dynatrace from $53.00 to $61.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th. JPMorgan Chase & Co. upped their price objective on Dynatrace from $55.00 to $60.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Finally, UBS Group lifted their target price on Dynatrace from $58.00 to $62.00 and gave the stock a “neutral” rating in a research report on Friday, January 31st. Eight investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat.com, Dynatrace presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.00.
Dynatrace Stock Up 0.8 %
Shares of DT opened at $59.37 on Monday. Dynatrace has a 52-week low of $39.42 and a 52-week high of $61.41. The firm has a market cap of $17.77 billion, a price-to-earnings ratio of 37.11, a PEG ratio of 8.37 and a beta of 1.04. The business’s 50 day moving average is $54.87 and its two-hundred day moving average is $52.25.
Institutional Trading of Dynatrace
A number of hedge funds and other institutional investors have recently modified their holdings of DT. Holocene Advisors LP bought a new stake in Dynatrace during the third quarter worth approximately $126,592,000. TimesSquare Capital Management LLC bought a new stake in shares of Dynatrace during the 4th quarter worth $73,906,000. State Street Corp grew its holdings in shares of Dynatrace by 14.6% in 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 raised its position in shares of Dynatrace by 85.3% during the third 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 during the period. Finally, Geode Capital Management LLC raised its position in shares of Dynatrace by 20.8% during the third quarter. Geode Capital Management LLC now owns 5,127,967 shares of the company’s stock worth $273,610,000 after purchasing an additional 884,673 shares during the period. Institutional investors own 94.28% of the company’s stock.
Insider Buying and Selling at Dynatrace
In other Dynatrace news, EVP Bernd Greifeneder sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $57.83, for a total value of $2,891,500.00. Following the completion of the sale, the executive vice president now directly owns 1,007,038 shares in the company, valued at $58,237,007.54. This represents a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.59% of the stock is owned by company insiders.
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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