Mark Sheptoff Financial Planning LLC Has $43,000 Holdings in Dynatrace, Inc. (NYSE:DT)

Mark Sheptoff Financial Planning LLC decreased its holdings in Dynatrace, Inc. (NYSE:DT) by 95.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 950 shares of the company’s stock after selling 21,350 shares during the quarter. Mark Sheptoff Financial Planning LLC’s holdings in Dynatrace were worth $43,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Dynatrace by 6.4% in the first quarter. Vanguard Group Inc. now owns 27,945,251 shares of the company’s stock valued at $1,297,777,000 after buying an additional 1,680,971 shares during the period. Janus Henderson Group PLC lifted its position in shares of Dynatrace by 8.7% during the 1st quarter. Janus Henderson Group PLC now owns 7,279,365 shares of the company’s stock valued at $338,053,000 after acquiring an additional 583,220 shares during the period. American Century Companies Inc. grew its holdings in shares of Dynatrace by 13.2% during the 2nd quarter. American Century Companies Inc. now owns 6,701,539 shares of the company’s stock worth $299,827,000 after purchasing an additional 782,588 shares in the last quarter. Jericho Capital Asset Management L.P. bought a new position in shares of Dynatrace in the first quarter worth $133,701,000. Finally, Norges Bank acquired a new position in Dynatrace in the fourth quarter valued at about $148,515,000. Institutional investors own 94.28% of the company’s stock.

Insider Buying and Selling

In other Dynatrace news, EVP Dan Zugelder sold 15,404 shares of the company’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $44.22, for a total transaction of $681,164.88. Following the sale, the executive vice president now owns 237,772 shares of the company’s stock, valued at $10,514,277.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Dynatrace news, EVP Dan Zugelder sold 15,404 shares of Dynatrace stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $44.22, for a total value of $681,164.88. Following the completion of the sale, the executive vice president now directly owns 237,772 shares in the company, valued at $10,514,277.84. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Rick M. Mcconnell sold 50,000 shares of the stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $51.50, for a total value of $2,575,000.00. Following the transaction, the chief executive officer now owns 650,587 shares in the company, valued at $33,505,230.50. The disclosure for this sale can be found here. Insiders sold 76,426 shares of company stock valued at $3,804,069 over the last quarter. Insiders own 0.54% of the company’s stock.

Dynatrace Trading Down 0.5 %

Shares of DT stock opened at $51.82 on Thursday. Dynatrace, Inc. has a 1-year low of $39.42 and a 1-year high of $61.41. The stock has a market cap of $15.45 billion, a price-to-earnings ratio of 99.65, a PEG ratio of 7.63 and a beta of 1.05. The stock has a 50-day moving average of $47.33 and a 200-day moving average of $46.48.

Dynatrace (NYSE:DT) last released its earnings results on Wednesday, August 7th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.04. The business had revenue of $399.20 million during the quarter, compared to the consensus estimate of $392.22 million. Dynatrace had a net margin of 10.36% and a return on equity of 9.77%. The company’s revenue for the quarter was up 19.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.16 EPS. Sell-side analysts forecast that Dynatrace, Inc. will post 0.71 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Guggenheim reduced their price objective on shares of Dynatrace from $60.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, July 16th. BMO Capital Markets boosted their price objective on shares of Dynatrace from $49.00 to $53.00 and gave the company an “outperform” rating in a research report on Thursday, August 8th. Piper Sandler initiated coverage on Dynatrace in a report on Thursday, June 27th. They issued a “neutral” rating and a $50.00 target price on the stock. Needham & Company LLC reissued a “hold” rating on shares of Dynatrace in a report on Tuesday, August 6th. Finally, Loop Capital reduced their price objective on Dynatrace from $50.00 to $45.00 and set a “hold” rating on the stock in a research note on Wednesday, June 26th. Six equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $59.70.

About Dynatrace

Dynatrace, Inc provides a security platform for multicloud environments. It 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.