The Insider Activity Of Dynatrace Inc. (DT) Is Worth Monitoring

Dynatrace Inc. (NYSE:DT) trading with an addition of $1.77 to $77.73 on Thursday, an upside of 2.33 percent. An average of 1,067,188 shares of common stock have been traded in the last five days. There was a gain of $6.49 in the past week, and it reached a new high 40 times over the past 12 months. The last 20 days have seen an average of 1,350,452 shares traded, while the 50-day average volume stands at 1,321,187.

DT stock has increased by 7.58% in the last month. The company shares reached their 1-month lowest point of $68.06 on 09/28/21. With the stock rallying to its 52-week high on 10/14/21, shares of the company touched a low of $33.83 and a high of $76.28 in 52 weeks. It has reached a new high 39 times so far this year and achieved 75.55% or $35.08 in price. In spite of this, the price is up 1.90% from the 52-week high.


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Insider Transactions

29 days have passed since Dynatrace Inc. (DT) last reported insider trading activity. Van Siclen John, who is Chief Executive Officer, most recently acquired $55,000 shares at $71.05 per share on Sep 15. In this transaction, the insider spent $3,907,524. CFO and Treasurer, Burns Kevin C, disposed of 37,498 shares at a price of $61.55 on Aug 17. The insider now owns more than $2,308,079 worth of shares. Prior to that, CFO and Treasurer Burns Kevin C went on to Sale 2,574 shares at $61.28 each on Aug 16. An amount of $157,727 was transacted.

Valuation Metrics

Dynatrace Inc. (DT) has a trailing price-to-earnings (P/E) ratio of 286.64, which compares with the 29.20 for the broader industry and 37.85 for the sector. In the last five years, Dynatrace Inc.’s PE ratio has ranged between 300.00 and 121.12. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 28.75, the price-to-book (PB) ratio at 18.53, and the price-to-cash flow ratio at 85.66.

The quick ratio of Dynatrace Inc. for the three months ended June 29 was 1.10, and the current ratio was 1.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.31 and a total debt to equity ratio of 0.31 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 81.80% against a 5-year average of 76.8%. Dynatrace Inc.’s EBITDA margin for the year ending June 29 is 21.73%, while its operating margin for the same period stands at 11.70%. Its gross profit as reported stood at $575.8 million compared to revenue of $703.51 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Dynatrace Inc.’s return on assets was 3.50%. For the broader industry, ROE averaged 3.34 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Dynatrace Inc. had $362.4 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $13.29 million in the quarter, while revenues of $26.95 million were grew 3.16%. The analyst consensus anticipated Dynatrace Inc.’s latest quarter earnings to come in at $0.15 per share, but it turned out to be $0.16, a 6.70% surprise. For the quarter, EBITDA amounted to $35.2 million. Shareholders own equity worth $284.29 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Dynatrace Inc. (DT) price momentum. RSI 9-day as of the close on 13 October was 75.39%, suggesting the stock is Overbought, with historical volatility in this time frame at 33.09%.

As of today, DT’s price is $74.15 +9.03% or $6.49 from its 5-day moving average. DT is currently trading +8.16% higher than its 20-day SMA and +54.57% higher than its 100-day SMA. However, the stock’s current price level is +19.69% above the SMA50 and +87.08% above the SMA200.

The stochastic %K and %D were 93.17% and 79.46%, respectively, and the average true range (ATR) was 2.46. With the 14-day stochastic at 94.23% and the average true range at 2.32, the RSI (14) stands at 70.30%. The stock has reached 3.29 on the 9-day MACD Oscillator while the 14-day reading was at 3.87.

Analyst Ratings

Goldman launched coverage on Dynatrace Inc. (NYSE: DT) in its analyst report released on March 22, 2021. The firm assigned the stock a a Buy rating.The consensus rating for Dynatrace Inc. (DT) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell DT, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 17 others rate it as a “buy”.

What is DT’s price target for the next 12 months?

Analysts predict a range of price targets between $65.00 and $88.00, with a median target of $72.00. Taking a look at these predictions, the average price target given by analysts for Dynatrace Inc. (DT) stock is $73.53.

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