Dynatrace Inc’s recently made public that its Chief Executive Officer MCCONNELL RICK M unloaded Company’s shares for reported $2.42 million on Feb 20 ’25. In the deal valued at $60.45 per share,40,000 shares were sold. As a result of this transaction, MCCONNELL RICK M now holds 506,720 shares worth roughly $29.89 million.
Then, MCCONNELL RICK M sold 40,000 shares, generating $2,456,833 in total proceeds. Upon selling the shares at $61.42, the Chief Executive Officer now owns 548,684 shares.
Before that, MCCONNELL RICK M bought 80,000 shares. Dynatrace Inc shares valued at $4,992,000 were divested by the Officer at a price of $62.40 per share.
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 fall -1.49% to $58.99. Over the last five days, the stock has lost -3.77%. Dynatrace Inc shares have risen nearly 8.54% since the year began. Nevertheless, the stocks have risen 19.08% over the past one year. While a 52-week high of $63.00 was reached on 02/12/25, a 52-week low of $39.42 was recorded on 01/13/25. SMA at 50 days reached $56.26, while 200 days put it at $51.16.
Levels Of Support And Resistance For DT Stock
The 24-hour chart illustrates a support level at 58.33, which if violated will result in even more drops to 57.68. On the upside, there is a resistance level at 59.87. A further resistance level may holdings at 60.76. The Relative Strength Index (RSI) on the 14-day chart is 50.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.32%. Stochastics %K at 46.80% indicates the stock is a holding.
