In yesterday’s Wall Street session, Dynatrace Inc (NYSE:DT) shares traded at $47.75, up 2.84% from the previous session.
DT stock price is now 3.30% away from the 50-day moving average and -3.71% away from the 200-day moving average. The market capitalization of the company currently stands at $14.13B.
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, while ‘Wolfe Research’ rates the stock as ‘Outperform’
In other news, MCCONNELL RICK M, Chief Executive Officer sold 25,000 shares of the company’s stock on Mar 15 ’24. The stock was sold for $1,157,170 at an average price of $46.29. Upon completion of the transaction, the Chief Executive Officer now directly owns 477,105 shares in the company, valued at $22.78 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 12 ’24, SVP, Chief Revenue Officer Zugelder Dan sold 4,302 shares of the business’s stock. A total of $199,020 was realized by selling the stock at an average price of $46.26. This leaves the insider owning 83,037 shares of the company worth $3.97 million. A total of 7.16% of the company’s stock is owned by insiders.
During the past 12 months, Dynatrace Inc has had a low of $43.29 and a high of $61.41. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 1.28, and a quick ratio of 1.25.
According to the Software – Application Company, earnings per share came in at 0.31, beating analysts’ expectations of 0.22 by 0.09. This compares to $0.05 EPS in the same period last year. The net profit margin was 10.81% and return on equity was 8.54% for DT. The company reported revenue of $365.1 million for the quarter, compared to $297.46 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.74 percent. For the current quarter, analysts expect DT to generate $375.28M in revenue.
Dynatrace Inc(DT) Company Profile
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. Its platform allows its customers to modernize and automate IT operations, develop and release software, and enhance user experiences. The company also offers implementation, consulting, and training services. Dynatrace, Inc. markets its products through a combination of direct sales team and a network of partners, including resellers, system integrators, and managed service providers. It serves customers in various industries comprising banking, insurance, retail, manufacturing, travel, and software. The company operates in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Dynatrace, Inc. was founded in 2005 and is headquartered in Waltham, Massachusetts.
