--- title: "Diversify Advisory Services LLC Acquires Shares of 29,998 Dynatrace, Inc. (NYSE:DT)" description: "Diversify Advisory Services LLC acquired 29,998 shares of Dynatrace, Inc. during the second quarter. Other institutional investors also made changes to their positions. Analysts have weighed in on Dyn" type: "news" locale: "en" url: "https://longbridge.com/en/news/211292620.md" published_at: "2024-08-11T16:49:50.000Z" --- # Diversify Advisory Services LLC Acquires Shares of 29,998 Dynatrace, Inc. (NYSE:DT) > Diversify Advisory Services LLC acquired 29,998 shares of Dynatrace, Inc. during the second quarter. Other institutional investors also made changes to their positions. Analysts have weighed in on Dynatrace's stock, with a consensus rating of "Moderate Buy" and an average price target of $59.70. Dynatrace recently reported better-than-expected earnings for the quarter. EVP Dan Zugelder sold 18,870 shares of Dynatrace's stock. Diversify Advisory Services LLC bought a new stake in Dynatrace, Inc. (NYSE:DT - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 29,998 shares of the company's stock, valued at approximately $1,295,000. - Which stock is a one-stop shop for outdoor lifestyles? A number of other institutional investors also recently made changes to their positions in DT. Vanguard Group Inc. increased its stake in Dynatrace by 6.4% during the first quarter. Vanguard Group Inc. now owns 27,945,251 shares of the company's stock valued at $1,297,777,000 after purchasing an additional 1,680,971 shares during the last quarter. United Asset Strategies Inc. acquired a new position in Dynatrace during the 4th quarter valued at approximately $1,556,000. US Bancorp DE grew its stake in Dynatrace by 89.7% during the 1st quarter. US Bancorp DE now owns 48,478 shares of the company's stock worth $2,251,000 after buying an additional 22,928 shares during the last quarter. Norden Group LLC acquired a new stake in Dynatrace in the first quarter worth $5,546,000. Finally, Carnegie Capital Asset Management LLC lifted its stake in Dynatrace by 13.6% in the fourth quarter. Carnegie Capital Asset Management LLC now owns 182,645 shares of the company's stock valued at $9,989,000 after buying an additional 21,880 shares during the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds. ## Wall Street Analyst Weigh In A number of analysts recently weighed in on DT shares. Bank of America dropped their price objective on shares of Dynatrace from $70.00 to $68.00 and set a "buy" rating on the stock in a report on Thursday, May 16th. BMO Capital Markets boosted their price objective on Dynatrace from $49.00 to $53.00 and gave the stock an "outperform" rating in a research report on Thursday. Robert W. Baird decreased their price objective on Dynatrace from $65.00 to $62.00 and set an "outperform" rating for the company in a report on Thursday, May 16th. Needham & Company LLC reaffirmed a "hold" rating on shares of Dynatrace in a research note on Tuesday, August 6th. Finally, Wedbush reissued a "neutral" rating and issued a $55.00 price target on shares of Dynatrace in a research note on Thursday. Six research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $59.70. - Solo Brands cooked on 2023 guidance cut. Is it a bargain or trap? **Check Out Our Latest Research Report on DT** ## Dynatrace Stock Performance Shares of NYSE:DT traded up $0.41 during midday trading on Friday, reaching $47.71. The company had a trading volume of 3,080,643 shares, compared to its average volume of 3,605,167. The company has a fifty day simple moving average of $44.52 and a two-hundred day simple moving average of $47.30. The firm has a market cap of $14.23 billion, a price-to-earnings ratio of 91.75, a price-to-earnings-growth ratio of 6.40 and a beta of 1.04. Dynatrace, Inc. has a 1-year low of $39.42 and a 1-year high of $61.41. - Datadog is about to hit 52-week highs, and there's more to come Dynatrace (NYSE:DT - Get Free Report) last announced its earnings results on Wednesday, August 7th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.29 by $0.04. Dynatrace had a net margin of 10.81% and a return on equity of 9.89%. The company had revenue of $399.20 million during the quarter, compared to analysts' expectations of $392.22 million. During the same period last year, the company posted $0.16 earnings per share. The business's revenue for the quarter was up 19.9% on a year-over-year basis. Analysts expect that Dynatrace, Inc. will post 0.71 EPS for the current year. ## Insiders Place Their Bets In other Dynatrace news, EVP Dan Zugelder sold 18,870 shares of the firm's stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $46.72, for a total transaction of $881,606.40. Following the completion of the sale, the executive vice president now directly owns 253,176 shares in the company, valued at approximately $11,828,382.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Dynatrace news, EVP Dan Zugelder sold 18,870 shares of the company's stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $46.72, for a total value of $881,606.40. Following the transaction, the executive vice president now owns 253,176 shares in the company, valued at approximately $11,828,382.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Rick M. Mcconnell sold 50,000 shares of Dynatrace stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $46.41, for a total transaction of $2,320,500.00. Following the sale, the chief executive officer now directly owns 732,491 shares of the company's stock, valued at approximately $33,994,907.31. The disclosure for this sale can be found here. In the last three months, insiders have sold 84,274 shares of company stock worth $3,883,271. Corporate insiders own 0.54% of the company's stock. ## Dynatrace Profile (Free Report) 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. ## Featured Articles - Five stocks we like better than Dynatrace - What are earnings reports? - Why Wall Street Analysts Raised Price Targets for Suncor Stock - How to Start Investing in Real Estate - Is Super Micro Computer a Buy After Shares Sink 20% on Earnings? - What is the Dogs of the Dow Strategy? Overview and Examples - MarketBeat Week in Review – 8/5 - 8/9 *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* → Do you have “this” much money? (From DTI) (Ad)## Should you invest $1,000 in Dynatrace right now? Before you consider Dynatrace, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dynatrace wasn't on the list. While Dynatrace currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [DT.US - Dynatrace](https://longbridge.com/en/quote/DT.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Dynatrace｜8-K：2026 財年 Q3 營收 5.15 億美元超過預期 | | [Link](https://longbridge.com/en/news/275309609.md) | | Dynatrace (DT) 將於明天公佈財報：以下是可以期待的內容 | Dynatrace (DT) 將於明天公佈財報，分析師預計其收入同比增長 16%，達到 5.059 億美元，調整後每股收益為 0.41 美元。該公司在超過收入預期方面有着良好的歷史記錄，在過去兩年中平均超出預期 2.1%。儘管近期股價有所下 | [Link](https://longbridge.com/en/news/275215452.md) | | Dynatrace 宣佈推出增強的真實用户監控功能，以統一應用程序的可觀測性 \| DT 股票新聞 | Dynatrace 在其年度用户大會 Perform 上宣佈了增強的真實用户監控（RUM）功能。新的 RUM 將前端遙測與後端上下文集成，解決了現代動態應用程序帶來的挑戰。主要特點包括統一的洞察、先進的分析和專為開發人員設計的界面。這些增強 | [Link](https://longbridge.com/en/news/274021584.md) | | Sequoia Financial Advisors LLC 提高了對 Dynatrace, Inc. $DT 的持股比例 | Sequoia Financial Advisors LLC 在第三季度將其在 Dynatrace, Inc. (NYSE:DT) 的持股增加了 132.7%，目前持有 66,393 股，價值 320 萬美元。其他機構投資者也增加了他們的持 | [Link](https://longbridge.com/en/news/273220644.md) | | Dynatrace 對 DevCycle 的收購繼續推動可觀測性領域的整合 | Dynatrace 已收購 DevCycle，以增強其可觀察性產品，幫助客户更有效地管理軟件發佈。DevCycle 的功能管理軟件與符合 OpenFeature 標準的系統集成，實現了功能標誌的標準化管理。分析師表示，這項收購將使 Dyna | [Link](https://longbridge.com/en/news/272616793.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.