Dynatrace Inc (NYSE: DT) is 9.11% higher on its value in year-to-date trading and has touched a low of $39.42 and a high of $61.41 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DT stock was last observed hovering at around $58.90 in the last trading session, with the day’s gains setting it 0.4%.
Currently trading at $59.30, the stock is 9.13% and 7.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.75 million and changing 0.68% at the moment leaves the stock 18.14% off its SMA200. DT registered 1.72% gain for a year compared to 6-month gain of 43.62%. The firm has a 50-day simple moving average (SMA 50) of $54.8254 and a 200-day simple moving average (SMA200) of $50.1197.
The stock witnessed a 9.11% loss in the last 1 month and extending the period to 3 months gives it a 10.22%, and is 2.35% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.66% over the week and 2.82% over the month.
Dynatrace Inc (DT) has around 4700 employees, a market worth around $17.75B and $1.63B in sales. Current P/E ratio is 37.24 and Fwd P/E is 38.28. Profit margin for the company is 29.51%. Distance from 52-week low is 50.43% and -3.44% from its 52-week high. The company has generated returns on investments over the last 12 months (18.45%).
The EPS is expected to grow by 14.26% this year.
Dynatrace Inc (DT) Top Institutional Holders
807.0 institutions hold shares in Dynatrace Inc (DT), with institutional investors hold 101.03% of the company’s shares. The shares outstanding are 299.34M, and float is at 295.63M with Short Float at 1.95%. Institutions hold 100.59% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 28.19 million shares valued at $1.26 billion. The investor’s holdings represent 9.5149% of the DT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 27.56 million shares valued at $1.23 billion to account for 9.3029 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 17.75 million shares representing 5.9898% and valued at over $793.93 million, while BROWN ADVISORY INC holds 4.5441 of the shares totaling 13.46 million with a market value of $602.31 million.
Dynatrace Inc (DT) Insider Activity
The most recent transaction is an insider sale by Greifeneder Bernd, the company’s EVP, Chief Technology Officer. SEC filings show that Greifeneder Bernd sold 27 shares of the company’s common stock on Dec 06 ’24 at a price of $58.65 per share for a total of $1584.0. Following the sale, the insider now owns 2126.0 shares.
Dynatrace Inc disclosed in a document filed with the SEC on Dec 06 ’24 that Zugelder Dan (EVP, Chief Revenue Officer) sold a total of 11,021 shares of the company’s common stock. The trade occurred on Dec 06 ’24 and was made at $58.68 per share for $0.65 million. Following the transaction, the insider now directly holds 0.2 million shares of the DT stock.
Still, SEC filings show that on Dec 04 ’24, Greifeneder Bernd (EVP, Chief Technology Officer) disposed off 50,000 shares at an average price of $57.83 for $2.89 million. The insider now directly holds 1,007,038 shares of Dynatrace Inc (DT).
