In a filing, Dynatrace Inc revealed 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 $56.03 million.
Cantor Fitzgerald initiated its Dynatrace Inc [DT] rating to a Neutral in a research note published on January 17, 2025; the price target was $58. A number of analysts have revised their coverage, including Guggenheim’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Neutral”. UBS began covering DT with “Neutral” recommendation on November 27, 2024. BMO Capital Markets maintained its rating on November 08, 2024. It rated DT as “an Outperform”.
Price Performance Review of DT
On Friday, Dynatrace Inc [NYSE:DT] saw its stock jump 1.57% to $55.64. Over the last five days, the stock has gained 8.97%. Dynatrace Inc shares have risen nearly 2.37% since the year began. Nevertheless, the stocks have fallen -4.46% over the past one year. While a 52-week high of $61.41 was reached on 01/24/25, a 52-week low of $39.42 was recorded on 01/13/25. SMA at 50 days reached $54.29, while 200 days put it at $49.78.
Levels Of Support And Resistance For DT Stock
The 24-hour chart illustrates a support level at 54.92, which if violated will result in even more drops to 54.19. On the upside, there is a resistance level at 56.32. A further resistance level may holdings at 57.00. The Relative Strength Index (RSI) on the 14-day chart is 60.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.34, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.29%. Stochastics %K at 88.89% 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 2024-12-31, dropping by -2.33 million shares to a total of 6.45 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 8.79 million shares. There was a decline of -36.14%, which implies that there is a negative sentiment for the stock.
