Dynatrace Slides as Software Stocks Weaken Ahead of Earnings

Dynatrace, Inc. (DT) is down 3.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The decline appears more tied to a broader software selloff than to any new company-specific setback. This could also reflect investor caution ahead of Dynatrace’s scheduled November 3 quarterly results, with traders trimming positions after a recent run of strategic updates.

Details:

Dynatrace said it will report second-quarter fiscal 2027 financial results before the market opens on November 3, which can pressure shares as investors reduce risk ahead of an earnings event.

The company has also said it plans to hold an investor day after those results and outline a path to its “Rule of 50” target in fiscal 2029, keeping expectations elevated into next week.

Earlier this month, Dynatrace completed its acquisition of Arize, expanding its AI observability offering, and it also highlighted new FedRAMP High-related progress for government workloads.

On October 29, software and other technology shares were broadly weaker as investors reacted negatively to disappointing signals from parts of the tech sector, which likely weighed on DT even without fresh negative news from the company itself.

Sources:

Dynatrace Investor Relations, Dynatrace, Associated Press

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$DT Insider Trading Activity

$DT insiders have traded $DT stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.

Here’s a breakdown of recent trading of $DT stock by insiders over the last 6 months:

BERND GREIFENEDER (EVP, Chief Technology Officer) has made 0 purchases and 7 sales selling 50,346 shares for an estimated $2,876,059.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$DT Hedge Fund Activity

We have seen 329 institutional investors add shares of $DT stock to their portfolio, and 304 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

STARBOARD VALUE LP added 8,866,692 shares (+inf%) to their portfolio in Q2 2026, for an estimated $389,336,445
AQR CAPITAL MANAGEMENT LLC added 6,450,014 shares (+345.4%) to their portfolio in Q2 2026, for an estimated $283,220,114
BANK OF AMERICA CORP /DE/ removed 5,548,013 shares (-59.3%) from their portfolio in Q2 2026, for an estimated $243,613,250
BARCLAYS PLC added 3,815,442 shares (+419.1%) to their portfolio in Q2 2026, for an estimated $167,536,058
PICTET ASSET MANAGEMENT HOLDING SA removed 3,047,025 shares (-19.3%) from their portfolio in Q2 2026, for an estimated $133,794,867
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,727,257 shares (+inf%) to their portfolio in Q2 2026, for an estimated $119,753,854
D. E. SHAW & CO., INC. added 2,307,399 shares (+144.3%) to their portfolio in Q2 2026, for an estimated $101,317,890

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$DT Analyst Ratings

Wall Street analysts have issued reports on $DT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

William Blair issued a "Outperform" rating on 05/21/2026

To track analyst ratings and price targets for $DT, check out Quiver Quantitative's $DT forecast page.

$DT Price Targets

Multiple analysts have issued price targets for $DT recently. We have seen 16 analysts offer price targets for $DT in the last 6 months, with a median target of $45.5.

Here are some recent targets:

Miller Jump from Truist Securities set a target price of $55.0 on 07/09/2026
Matthew Martino from Goldman Sachs set a target price of $50.0 on 06/18/2026
Keith Bachman from BMO Capital set a target price of $50.0 on 06/16/2026
Radi Sultan from UBS set a target price of $60.0 on 06/16/2026
Brent Thill from Jefferies set a target price of $45.0 on 05/15/2026
Matthew Hedberg from RBC Capital set a target price of $45.0 on 05/14/2026
Fatima Boolani from Citigroup set a target price of $50.0 on 05/14/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.