Dynatrace’s (DT) Neutral Rating Reaffirmed at Cantor Fitzgerald

Cantor Fitzgerald reissued their neutral rating on shares of Dynatrace (NYSE:DT) in a research note published on Thursday,Benzinga reports. They currently have a $57.00 price target on the stock. Cantor Fitzgerald also issued estimates for Dynatrace’s FY2025 earnings at $0.73 EPS.

A number of other research firms have also recently commented on DT. Guggenheim reissued a “neutral” rating on shares of Dynatrace in a research report on Friday, January 31st. Barclays increased their target price on shares of Dynatrace from $64.00 to $67.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. Royal Bank of Canada increased their target price on shares of Dynatrace from $65.00 to $69.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. UBS Group upped their price target on shares of Dynatrace from $58.00 to $62.00 and gave the company a “neutral” rating in a research note on Friday, January 31st. Finally, BTIG Research upped their price target on shares of Dynatrace from $57.00 to $63.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Eight analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $62.08.

Dynatrace Price Performance

Dynatrace stock opened at $60.03 on Thursday. The firm has a 50-day moving average of $55.05 and a two-hundred day moving average of $52.41. Dynatrace has a 1 year low of $39.42 and a 1 year high of $61.40. The stock has a market cap of $17.97 billion, a price-to-earnings ratio of 37.52, a price-to-earnings-growth ratio of 8.37 and a beta of 1.04.

Insider Activity at Dynatrace

In related news, EVP Bernd Greifeneder sold 50,000 shares of the stock in a transaction 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 transaction, the executive vice president now owns 1,007,038 shares of the company’s stock, valued at $58,237,007.54. This represents a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.59% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Dynatrace

Several large investors have recently bought and sold shares of the business. Riverview Trust Co grew its holdings in shares of Dynatrace by 70.6% during the third quarter. Riverview Trust Co now owns 621 shares of the company’s stock worth $33,000 after purchasing an additional 257 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Dynatrace by 40.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 611 shares of the company’s stock worth $33,000 after purchasing an additional 176 shares during the last quarter. Paladin Wealth LLC purchased a new position in shares of Dynatrace during the third quarter worth about $38,000. UMB Bank n.a. grew its holdings in shares of Dynatrace by 292.3% during the third quarter. UMB Bank n.a. now owns 718 shares of the company’s stock worth $38,000 after purchasing an additional 535 shares during the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Dynatrace during the fourth quarter worth about $38,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

About Dynatrace

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.