Dynatrace (NYSE:DT) CEO Sells $2,056,450.00 in Stock

Dynatrace (NYSE:DT) CEO Siclen John Van sold 55,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $37.39, for a total transaction of $2,056,450.00. Following the completion of the transaction, the chief executive officer now directly owns 1,498,985 shares of the company’s stock, valued at approximately $56,047,049.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Siclen John Van also recently made the following trade(s):

  • On Friday, June 5th, Siclen John Van sold 125,532 shares of Dynatrace stock. The shares were sold at an average price of $34.30, for a total transaction of $4,305,747.60.
  • On Friday, May 15th, Siclen John Van sold 55,000 shares of Dynatrace stock. The shares were sold at an average price of $32.97, for a total transaction of $1,813,350.00.
  • On Wednesday, April 15th, Siclen John Van sold 55,000 shares of Dynatrace stock. The shares were sold at an average price of $24.79, for a total transaction of $1,363,450.00.
  • On Thursday, March 19th, Siclen John Van sold 21,203 shares of Dynatrace stock. The stock was sold at an average price of $20.88, for a total transaction of $442,718.64.

DT opened at $41.80 on Friday. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.53. Dynatrace has a 52-week low of $17.05 and a 52-week high of $43.10. The company has a 50 day moving average of $35.02 and a two-hundred day moving average of $29.31. The company has a market cap of $11.62 billion and a P/E ratio of -25.80.

Dynatrace (NYSE:DT) last announced its earnings results on Tuesday, May 12th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.03. The business had revenue of $150.60 million during the quarter, compared to the consensus estimate of $146.31 million. Dynatrace had a negative net margin of 76.59% and a negative return on equity of 23.20%. Dynatrace’s revenue for the quarter was up 29.6% compared to the same quarter last year. Research analysts anticipate that Dynatrace will post 0.2 earnings per share for the current year.

Several hedge funds have recently made changes to their positions in DT. Mark Sheptoff Financial Planning LLC purchased a new position in shares of Dynatrace in the fourth quarter valued at $25,000. American International Group Inc. boosted its stake in Dynatrace by 249.6% during the 1st quarter. American International Group Inc. now owns 2,797 shares of the company’s stock valued at $67,000 after acquiring an additional 1,997 shares during the last quarter. Tower Research Capital LLC TRC bought a new position in Dynatrace during the 4th quarter valued at $74,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in Dynatrace during the 4th quarter valued at $97,000. Finally, Aigen Investment Management LP bought a new position in Dynatrace during the 1st quarter valued at $155,000. Institutional investors and hedge funds own 91.14% of the company’s stock.

Several equities analysts recently commented on the stock. Jefferies Financial Group upped their price target on shares of Dynatrace from $29.00 to $35.00 and gave the stock a “hold” rating in a research report on Wednesday, May 13th. Rosenblatt Securities upped their price target on shares of Dynatrace from $21.00 to $32.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 13th. JMP Securities upped their price target on shares of Dynatrace from $32.00 to $37.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Needham & Company LLC assumed coverage on shares of Dynatrace in a research report on Thursday, May 7th. They set a “buy” rating and a $36.00 price target for the company. Finally, Canaccord Genuity upped their price target on shares of Dynatrace from $35.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, May 13th. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $34.97.

About Dynatrace

Dynatrace, Inc provides a software intelligence platform for the enterprise cloud applications. It offers Dynatrace, a platform for running an enterprise cloud. The company's products include AppMon, Classic Real User Monitoring, Network Application Monitoring, and Synthetic Classic. Its platform allows its customers to modernize and automate IT operations, develop and release software, and enhance user experiences.

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Insider Buying and Selling by Quarter for Dynatrace (NYSE:DT)

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