KD Logo

Potential Price Increase for Dynatrace Inc (DT) After Recent Insider Activity

Dynatrace Inc’s recently made public that its Director LIFSHATZ STEPHEN J acquired Company’s shares for reported $0.28 million on Oct 11 ’24. In the deal valued at $55.00 per share,5,000 shares were bought.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, MCCONNELL RICK M sold 50,000 shares, generating $2,575,105 in total proceeds. Upon selling the shares at $51.50, the Chief Executive Officer now owns 650,587 shares.

Before that, MCCONNELL RICK M bought 80,000 shares. Dynatrace Inc shares valued at $4,073,600 were divested by the Officer at a price of $50.92 per share.

Exane BNP Paribas initiated its Dynatrace Inc [DT] rating to a Neutral in a research note published on October 08, 2024; the price target was $52. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in early October from “an Equal weight” to “an Overweight”. Piper Sandler began covering DT with “Neutral” recommendation on June 27, 2024. Cleveland Research revised its rating on April 18, 2024. It rated DT as “a Buy” which previously was an “a Neutral”.

Price Performance Review of DT

On Monday, Dynatrace Inc [NYSE:DT] saw its stock fall -0.94% to $54.61. Over the last five days, the stock has gained 2.27%. Dynatrace Inc shares have fallen nearly -0.15% since the year began. Nevertheless, the stocks have risen 14.37% over the past one year. While a 52-week high of $61.41 was reached on 02/05/24, a 52-week low of $39.42 was recorded on 08/05/24. SMA at 50 days reached $50.57, while 200 days put it at $48.86.

Levels Of Support And Resistance For DT Stock

The 24-hour chart illustrates a support level at 53.88, which if violated will result in even more drops to 53.16. On the upside, there is a resistance level at 55.41. A further resistance level may holdings at 56.22. The Relative Strength Index (RSI) on the 14-day chart is 66.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.42, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.53%. Stochastics %K at 90.26% indicates the stock is a selling.

How much short interest is there in Dynatrace Inc?

A steep rise in short interest was recorded in Dynatrace Inc stocks on 2024-09-30, growing by 2.55 million shares to a total of 7.49 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 4.94 million shares. There was a rise of 34.06%, which implies that there is a positive sentiment for the stock.

Most Popular