Eminence Capital LP Sells 126,492 Shares of Dynatrace, Inc. $DT

by · The Cerbat Gem

Eminence Capital LP reduced its position in Dynatrace, Inc. (NYSE:DT – Free Report) by 3.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 3,225,111 shares of the company’s stock after selling 126,492 shares during the period. Dynatrace accounts for approximately 2.1% of Eminence Capital LP’s investment portfolio, making the stock its 19th largest holding. Eminence Capital LP’s holdings in Dynatrace were worth $178,058,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. MAI Capital Management boosted its holdings in Dynatrace by 122.4% in the second quarter. MAI Capital Management now owns 547 shares of the company’s stock valued at $30,000 after acquiring an additional 301 shares during the last quarter. VSM Wealth Advisory LLC bought a new stake in Dynatrace during the 2nd quarter worth about $34,000. Eastern Bank acquired a new position in Dynatrace during the 2nd quarter valued at about $35,000. Brooklyn Investment Group boosted its stake in shares of Dynatrace by 761.9% in the 1st quarter. Brooklyn Investment Group now owns 905 shares of the company’s stock valued at $43,000 after purchasing an additional 800 shares during the last quarter. Finally, CX Institutional boosted its stake in shares of Dynatrace by 42.6% in the 2nd quarter. CX Institutional now owns 1,221 shares of the company’s stock valued at $67,000 after purchasing an additional 365 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Stock Performance

DT opened at $45.96 on Friday. The firm’s fifty day moving average is $47.02 and its two-hundred day moving average is $50.06. The firm has a market cap of $13.86 billion, a PE ratio of 27.52, a price-to-earnings-growth ratio of 3.60 and a beta of 0.87. Dynatrace, Inc. has a twelve month low of $39.30 and a twelve month high of $63.00.

Dynatrace (NYSE:DT – Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.03. Dynatrace had a net margin of 27.33% and a return on equity of 9.24%. The company had revenue of $493.85 million during the quarter, compared to analyst estimates of $487.33 million. During the same quarter in the previous year, the business earned $0.37 EPS. The firm’s revenue was up 18.1% on a year-over-year basis. Dynatrace has set its Q3 2026 guidance at 0.400-0.420 EPS and its FY 2026 guidance at 1.620-1.640 EPS. Equities analysts forecast that Dynatrace, Inc. will post 0.68 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Rick M. Mcconnell sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $46.61, for a total value of $1,398,300.00. Following the completion of the transaction, the chief executive officer directly owned 108,125 shares in the company, valued at approximately $5,039,706.25. The trade was a 21.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Dan Zugelder sold 7,505 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $45.27, for a total value of $339,751.35. Following the sale, the executive vice president directly owned 8,925 shares of the company’s stock, valued at approximately $404,034.75. The trade was a 45.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 47,346 shares of company stock worth $2,221,574 over the last ninety days. 0.57% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on DT shares. Cowen reissued a “buy” rating on shares of Dynatrace in a research note on Monday, November 17th. Scotiabank dropped their target price on shares of Dynatrace from $67.00 to $60.00 and set an “outperform” rating for the company in a research report on Thursday, November 6th. Rosenblatt Securities reissued a “buy” rating and issued a $67.00 price target on shares of Dynatrace in a research note on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of Dynatrace in a research report on Monday. Finally, Wall Street Zen cut Dynatrace from a “buy” rating to a “hold” rating in a research note on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Dynatrace presently has an average rating of “Moderate Buy” and a consensus target price of $61.59.

View Our Latest Stock Analysis on Dynatrace

Dynatrace Profile

(Free Report)

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.

See Also

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