Dynatrace Inc’s recently made public that its EVP, Chief Technology Officer Greifeneder Bernd unloaded Company’s shares for reported $1584.0 on Dec 06 ’24. In the deal valued at $58.65 per share,27 shares were sold. As a result of this transaction, Greifeneder Bernd now holds 2,126 shares worth roughly $0.12 million.
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Then, Zugelder Dan sold 11,021 shares, generating $646,750 in total proceeds. Upon selling the shares at $58.68, the EVP, Chief Revenue Officer now owns 197,690 shares.
Before that, Greifeneder Bernd sold 50,000 shares. Dynatrace Inc shares valued at $2,891,500 were divested by the EVP, Chief Technology Officer at a price of $57.83 per share. As a result of the transaction, Greifeneder Bernd now holds 1,007,038 shares, worth roughly $55.18 million.
UBS initiated its Dynatrace Inc [DT] rating to a Neutral in a research note published on November 27, 2024; the price target was $58. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who remained covering the stock and in early November has reiterated a ‘”an Outperform”‘ rating for it. Exane BNP Paribas started covering the stock on October 08, 2024. It rated DT as “a Neutral”.
Price Performance Review of DT
On Monday, Dynatrace Inc [NYSE:DT] saw its stock jump 0.70% to $54.79. Over the last five days, the stock has lost -4.58%. Dynatrace Inc shares have risen nearly 0.18% since the year began. Nevertheless, the stocks have risen 0.29% 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 $54.70, while 200 days put it at $48.90.
Levels Of Support And Resistance For DT Stock
The 24-hour chart illustrates a support level at 53.91, which if violated will result in even more drops to 53.02. On the upside, there is a resistance level at 55.59. A further resistance level may holdings at 56.38. The Relative Strength Index (RSI) on the 14-day chart is 46.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.78%. Stochastics %K at 23.32% indicates the stock is a holding.
How much short interest is there in Dynatrace Inc?
A steep rise in short interest was recorded in Dynatrace Inc stocks on 2024-11-29, growing by 1.83 million shares to a total of 8.79 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 6.95 million shares. There was a rise of 20.84%, which implies that there is a positive sentiment for the stock.
