Dynatrace (NYSE:DT) Given New $57.00 Price Target at Cantor Fitzgerald

Dynatrace (NYSE:DT) had its price target lowered by Cantor Fitzgerald from $58.00 to $57.00 in a research note published on Friday,Benzinga reports. Cantor Fitzgerald currently has a neutral rating on the stock. Cantor Fitzgerald also issued estimates for Dynatrace’s FY2025 earnings at $0.73 EPS.

Several other analysts also recently weighed in on DT. BNP Paribas initiated coverage on Dynatrace in a research note on Tuesday, October 8th. They set a “neutral” rating and a $52.00 target price for the company. BMO Capital Markets raised their price objective on Dynatrace from $53.00 to $61.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $65.00 target price on shares of Dynatrace in a research report on Wednesday. Barclays raised their price target on shares of Dynatrace from $64.00 to $67.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Finally, Jefferies Financial Group upped their price target on shares of Dynatrace from $60.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Eight research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $62.24.

Dynatrace Trading Up 0.1 %

Shares of DT stock opened at $57.82 on Friday. The firm has a fifty day simple moving average of $54.80 and a 200-day simple moving average of $52.02. The company has a market capitalization of $17.26 billion, a PE ratio of 105.12, a price-to-earnings-growth ratio of 8.34 and a beta of 1.02. Dynatrace has a twelve month low of $39.42 and a twelve month high of $61.41.

Insider Transactions at Dynatrace

In other news, EVP Bernd Greifeneder sold 50,000 shares of Dynatrace stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $57.83, for a total transaction of $2,891,500.00. Following the sale, the executive vice president now owns 1,007,038 shares of the company’s stock, valued at approximately $58,237,007.54. The trade was a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.59% of the company’s stock.

Institutional Trading of Dynatrace

Several large investors have recently added to or reduced their stakes in the business. Riverview Trust Co boosted its position in Dynatrace by 70.6% during the 3rd quarter. Riverview Trust Co now owns 621 shares of the company’s stock worth $33,000 after acquiring an additional 257 shares during the period. UMB Bank n.a. lifted its holdings in Dynatrace by 292.3% in 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 period. Paladin Wealth LLC bought a new position in Dynatrace in the 3rd quarter valued at about $38,000. Nisa Investment Advisors LLC increased its stake in Dynatrace by 271.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 725 shares of the company’s stock valued at $39,000 after buying an additional 530 shares during the period. Finally, Capital Performance Advisors LLP bought a new stake in shares of Dynatrace during the 3rd quarter worth about $52,000. 94.28% of the stock is currently owned by institutional investors and hedge funds.

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.