Dynatrace (NYSE:DT) Given New $49.00 Price Target at BMO Capital Markets – Information Today Web

Dynatrace (NYSE:DT – Free Report) had its toll neutral attenuated by BMO Capital Markets from $54.00 to $49.00 in a investigate state publicised on Friday, Benzinga reports. BMO Capital Markets currently has an outperform judgement on the stock.

Other analysts hit also fresh issued reports most the company. Needham & Company LLC reiterated a stop judgement on shares of Dynatrace in a inform on Tuesday, June 18th. parliamentarian W. Baird downbound their toll neutral on shares of Dynatrace from $65.00 to $62.00 and ordered an outperform judgement for the consort in a investigate state on Thursday, May 16th. author metropolis & Company revilement their direct toll on shares of Dynatrace from $75.00 to $60.00 and ordered an fleshiness judgement on the hit in a investigate state on Thursday, May 16th. Truist Financial reaffirmed a acquire judgement and issued a $60.00 toll direct (down from $70.00) on shares of Dynatrace in a investigate state on Thursday, May 16th. Finally, Royal Bank of Canada dropped their toll neutral on shares of Dynatrace from $66.00 to $60.00 and ordered an outperform judgement on the hit in a inform on Thursday, May 16th. Six equities investigate analysts hit rated the hit with a stop judgement and cardinal hit appointed a acquire judgement to the company’s stock. According to MarketBeat, the consort presently has an cipher judgement of Moderate Buy and an cipher direct toll of $60.56.

Read Our Latest Analysis on Dynatrace

Dynatrace Stock Performance

Shares of NYSE DT unsealed at $44.02 on Friday. The hit has a mart container of $13.13 billion, a P/E ratio of 84.66, a price-to-earnings-growth ratio of 6.56 and a beta of 1.04. The concern has a 50 period agitated cipher toll of $45.46 and a two-hundred period agitated cipher toll of $48.52. Dynatrace has a 52-week baritone of $42.31 and a 52-week broad of $61.41.

Dynatrace (NYSE:DT – Get Free Report) terminal declared its earnings results on Wednesday, May 15th. The consort reportable $0.11 earnings per deal (EPS) for the quarter, absent the consensus judge of $0.14 by ($0.03). Dynatrace had a convey on justness of 9.89% and a gain edge of 10.81%. The consort had income of $380.85 meg for the quarter, compared to the consensus judge of $375.20 million. Analysts prognosticate that Dynatrace module place 0.71 earnings per deal for the underway playing year.

Insider Activity

In attendant news, EVP Dan Zugelder oversubscribed 18,870 shares of the company’s hit in a dealings that occurred on Thursday, June 6th. The hit was oversubscribed at an cipher toll of $46.72, for a amount continuance of $881,606.40. Following the transaction, the honcho evilness chair today owns 253,176 shares in the company, valued at $11,828,382.72. The dealings was unconcealed in a writing filed with the SEC, which is acquirable finished the SEC website. In another Dynatrace news, EVP Dan Zugelder oversubscribed 18,870 shares of the hit in a dealings dated Thursday, June 6th. The shares were oversubscribed at an cipher toll of $46.72, for a amount dealings of $881,606.40. Following the termination of the transaction, the honcho evilness chair today owns 253,176 shares in the company, valued at $11,828,382.72. The understanding was unconcealed in a writing filed with the Securities & Exchange Commission, which is acquirable finished the SEC website. Also, CEO Rick M. Mcconnell oversubscribed 50,000 shares of the company’s hit in a dealings that occurred on Thursday, June 13th. The shares were oversubscribed at an cipher toll of $46.41, for a amount dealings of $2,320,500.00. Following the sale, the honcho chief tar today owns 732,491 shares in the company, valued at $33,994,907.31. The revealing for this understanding crapper be institute here. Insiders oversubscribed 84,274 shares of consort hit valued at $3,883,271 in the terminal threesome months. Company insiders possess 0.54% of the company’s stock.

Hedge Funds Weigh In On Dynatrace

A sort of super investors hit fresh prefabricated changes to their positions in the stock. Vanguard Group Inc. grew its wager in Dynatrace by 6.4% during the prototypal quarter. Vanguard Group Inc. today owns 27,945,251 shares of the company’s hit valued at $1,297,777,000 after feat an added 1,680,971 shares in the terminal quarter. Janus Henderson Group PLC upraised its function in shares of Dynatrace by 8.7% in the prototypal quarter. Janus Henderson Group PLC today owns 7,279,365 shares of the company’s hit worth $338,053,000 after purchase an added 583,220 shares in the terminal quarter. hamlet Capital Asset Management L.P. bought a newborn wager in Dynatrace during the prototypal lodge valued at $133,701,000. Norges Bank purchased a newborn function in Dynatrace during the ordinal lodge worth most $148,515,000. Finally, Mirae Asset Global Investments Co. Ltd. accumulated its wager in Dynatrace by 1.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. today owns 2,315,039 shares of the company’s hit worth $126,609,000 after feat an added 38,454 shares during the terminal quarter. 94.28% of the hit is owned by institutionalised investors.

About Dynatrace

(Get Free Report)

Dynatrace, Inc provides a section papers for multicloud environments. It operates Dynatrace, a section platform, which provides covering and microservices monitoring, runtime covering security, stock monitoring, index direction and analytics, digital undergo monitoring, digital playing analytics, and darken automation.

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