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Dynatrace, Inc. (NYSE:DT), a software intelligence company with impressive gross profit margins of 82% and strong market performance showing a 16.5% return over the past year, saw its Executive Vice President and Chief Revenue Officer Dan Zugelder recently sell shares of the company, according to a recent SEC filing. According to InvestingPro analysis, the company currently appears undervalued based on its Fair Value calculations. On June 9, Zugelder sold a total of 15,824 shares of Dynatrace common stock, generating approximately $862,782. The shares were sold at prices ranging from $54.09 to $55.20 per share.
Following these transactions, Zugelder holds 17,242 shares of Dynatrace. These sales were conducted under a Rule 10b5-1 trading plan, which was adopted on December 6, 2024. The plan allows executives to sell a predetermined number of shares at a predetermined time, providing a way to avoid potential accusations of insider trading.
In other recent news, Dynatrace Inc. reported strong fourth-quarter fiscal year 2025 results, with a 1% increase in Annual Recurring Revenue (ARR) and a 3% rise in Subscription Revenue, both exceeding consensus estimates. This performance prompted Goldman Sachs to raise its price target for the company to $64, highlighting the growing importance of Subscription Revenue and the company’s evolving go-to-market strategies. Similarly, BMO Capital Markets increased its price target to $63, maintaining an Outperform rating, following Dynatrace’s robust performance and positive future guidance for ARR. Jefferies also raised its price target to $65, emphasizing the company’s solid fundamentals and potential for further appreciation due to increased sales productivity.
Additionally, JPMorgan lifted its price target to $65 on the back of Dynatrace’s strong large deal execution and increased platform usage, with the company’s Drive Productivity Sales (DPS) model showing promising results. Truist Securities reaffirmed a Buy rating with a $70 price target, citing Dynatrace’s attractive valuation and strategic alignment with market demands. The company’s recent developments reflect a favorable growth trajectory, supported by its platform strategy and financial performance. Analysts from multiple firms have expressed confidence in Dynatrace’s ability to sustain growth and capitalize on market opportunities.
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