Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Dynatrace Inc shares valued at $2,456,833 were sold by MCCONNELL RICK M on Feb 14 ’25. At $61.42 per share, MCCONNELL RICK M sold 40,000 shares. The insider’s holdings dropped to 548,684 shares worth approximately $33.6 million following the completion of this transaction.
Also, MCCONNELL RICK M purchased 80,000 shares, netting a total of over 4,992,000 in proceeds.
Before that, Benson James M had sold 34,932 shares from its account. In a trade valued at $2,132,654, the EVP, CFO and Treasurer traded Dynatrace Inc shares for $61.05 each. Upon closing the transaction, the insider’s holdings decreased to 34,932 shares, worth approximately $20.76 million.
As published in their initiating research note from Cantor Fitzgerald on January 17, 2025, Dynatrace Inc [DT] has been a Neutral and the price target has been revised to $58. Analysts at Guggenheim downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of November 27, 2024, UBS has initiated its “Neutral” rating for DT. Earlier on November 08, 2024, BMO Capital Markets resumed its rating. Their recommendation was “an Outperform” for DT stock.
Analyzing DT Stock Performance
During the last five days, there has been a drop of approximately -1.89%. Over the course of the year, Dynatrace Inc shares have jumped approximately 12.68%. Shares of the company reached a 52-week high of $63.00 on 02/12/25 and a 52-week low of $50.06 on 01/13/25. A 50-day SMA is recorded $56.20, while a 200-day SMA reached $51.03. Nevertheless, trading volume fell to 2.27 million shares from 2.33 million shares the previous day.
Support And Resistance Levels for Dynatrace Inc (DT)
According to the 24-hour chart, there is a support level at 60.28, which, if violated, would cause prices to drop to 59.31. In the upper region, resistance lies at 61.84. The next price resistance is at 62.43. RSI (Relative Strength Index) is 63.70 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.02, which suggests the price will increase in the coming days. Percent R is at 24.99%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
