Dynatrace's (DT) "Neutral" Rating Reiterated at Cantor Fitzgerald

Cantor Fitzgerald restated their neutral rating on shares of Dynatrace (NYSE:DT - Free Report) in a research report report published on Thursday morning,Benzinga reports. Cantor Fitzgerald currently has a $57.00 target price on the stock. Cantor Fitzgerald also issued estimates for Dynatrace's FY2025 earnings at $0.73 EPS.

A number of other equities analysts also recently weighed in on DT. BTIG Research upped their price target on Dynatrace from $57.00 to $63.00 and gave the stock a "buy" rating in a research report on Wednesday, October 23rd. Morgan Stanley boosted their price target on Dynatrace from $59.00 to $62.00 and gave the stock an "equal weight" rating in a research report on Friday, January 31st. UBS Group raised their price objective on Dynatrace from $58.00 to $62.00 and gave the company a "neutral" rating in a research report on Friday, January 31st. Jefferies Financial Group increased their price target on Dynatrace from $60.00 to $65.00 and gave the company a "buy" rating in a research note on Tuesday, October 22nd. Finally, Royal Bank of Canada lifted their price objective on shares of Dynatrace from $65.00 to $69.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Eight research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $61.74.

Dynatrace Trading Up 2.2 %

Shares of DT stock traded up $1.33 during trading hours on Thursday, hitting $61.16. 2,870,416 shares of the company were exchanged, compared to its average volume of 3,544,234. The company has a market capitalization of $18.31 billion, a PE ratio of 38.23, a PEG ratio of 6.93 and a beta of 1.04. Dynatrace has a 52 week low of $39.42 and a 52 week high of $61.40. The business has a 50 day moving average of $55.21 and a two-hundred day moving average of $52.70.

Insider Activity

In other Dynatrace news, EVP Bernd Greifeneder sold 50,000 shares of the company's stock in a transaction dated 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 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.59% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Dynatrace

Several large investors have recently modified their holdings of DT. Smartleaf Asset Management LLC raised its position in Dynatrace by 40.5% during the 4th 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. Versant Capital Management Inc raised its position in shares of Dynatrace by 11.9% during the fourth quarter. Versant Capital Management Inc now owns 1,933 shares of the company's stock worth $105,000 after acquiring an additional 206 shares during the last quarter. Virtue Capital Management LLC lifted its stake in shares of Dynatrace by 4.2% in the third quarter. Virtue Capital Management LLC now owns 5,275 shares of the company's stock worth $282,000 after acquiring an additional 212 shares during the period. Nations Financial Group Inc. IA ADV boosted its holdings in Dynatrace by 2.5% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 9,202 shares of the company's stock valued at $500,000 after acquiring an additional 222 shares during the last quarter. Finally, Atria Investments Inc increased its position in Dynatrace by 3.4% during the 3rd quarter. Atria Investments Inc now owns 7,201 shares of the company's stock valued at $385,000 after purchasing an additional 240 shares during the period. 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.