Dynatrace Inc’s recent filing unveils 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 $0.11 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 $51.05 million.
Guggenheim downgraded its Dynatrace Inc [DT] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in late November with a ‘”a Neutral”‘ rating. BMO Capital Markets also remained covering DT and reiterated its “an Outperform” recommendation on November 08, 2024.
Price Performance Review of DT
On Friday, Dynatrace Inc [NYSE:DT] saw its stock fall -2.95% to $50.69. Over the last five days, the stock has lost -6.73%. Dynatrace Inc shares have fallen nearly -6.73% since the year began. Nevertheless, the stocks have fallen -5.78% 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 01/10/25. SMA at 50 days reached $54.65, while 200 days put it at $49.48.
Levels Of Support And Resistance For DT Stock
The 24-hour chart illustrates a support level at 50.21, which if violated will result in even more drops to 49.73. On the upside, there is a resistance level at 51.53. A further resistance level may holdings at 52.37. The Relative Strength Index (RSI) on the 14-day chart is 31.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.46%. Stochastics %K at 16.78% indicates the stock is a buying.
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.
The most recent change occurred on October 08, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”a Neutral”‘ rating along with a $52 price target.
