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.
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 $55.2 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 Friday, Dynatrace Inc [NYSE:DT] saw its stock jump 0.85% to $54.81. Over the last five days, the stock has lost -0.53%. Dynatrace Inc shares have risen nearly 0.85% since the year began. Nevertheless, the stocks have risen 6.14% over the past one year. While a 52-week high of $61.41 was reached on 01/02/25, a 52-week low of $39.42 was recorded on 01/02/25. SMA at 50 days reached $54.79, while 200 days put it at $49.37.
Levels Of Support And Resistance For DT Stock
The 24-hour chart illustrates a support level at 54.53, which if violated will result in even more drops to 54.26. On the upside, there is a resistance level at 55.03. A further resistance level may holdings at 55.26. The Relative Strength Index (RSI) on the 14-day chart is 49.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.53%. Stochastics %K at 38.90% 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 2024-12-13, dropping by 69201.0 shares to a total of 6.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 6.82 million shares. There was a decline of -1.03%, which implies that there is a negative sentiment for the stock.
