Dynatrace Thoma Bravo Market Performance and Insider Activity

Dynatrace Thoma Bravo Market Performance has been impressive, with the company's stock price increasing significantly since the acquisition.

In just a few months, the stock price has risen by over 20%.

Dynatrace's strong market performance is a testament to the company's solid business fundamentals and growth prospects.

The acquisition by Thoma Bravo has provided the necessary resources and expertise to drive innovation and expansion.

Thoma Bravo's investment has also led to increased insider activity, with several executives and directors purchasing shares of the company.

See what others are reading: What Happens When Thoma Bravo Buys Your Company

Dynatrace's market performance has been a mixed bag, with the stock trading down 1.8% on Friday, reaching $46.18 after a decline of $0.84.

The company's average trading volume is 4,086,364 shares, which is significantly higher than the 6,375,338 shares traded on Friday. This suggests that the stock may be experiencing increased volatility.

Dynatrace has a market capitalization of $13.73 billion, which is a significant indicator of the company's size and influence in the market.

A different take: Thoma Bravo Stock

Dynatrace's CEO Rick M. Mcconnell sold 25,000 shares of the company's stock on March 15th for a total transaction of $1,157,250.00.

The shares were sold at an average price of $46.29, and following the transaction, the chief executive officer now owns 477,105 shares in the company, valued at approximately $22,085,190.45.

Top executives are selling shares, but that's not necessarily a bad sign. I've seen companies where insiders are selling due to tax reasons or to diversify their portfolios.

EVP Dan Zugelder sold 18,870 shares of the company's stock on June 6th for a total transaction of $881,606.40.

For your interest: Thoma Bravo Sold Roper

Insider Activity is a key indicator of market sentiment, and Dynatrace's recent insider activity is worth noting. CEO Rick M. Mcconnell sold 25,000 shares of the company's stock on March 15th.

The shares were sold at an average price of $46.29, resulting in a total transaction of $1,157,250.00. This sale reduced the CEO's stake in the company.

Following the transaction, the chief executive officer now owns 477,105 shares in the company, valued at approximately $22,085,190.45. This significant sale raises questions about the CEO's confidence in the company's future performance.

In another insider sale, EVP Dan Zugelder sold 18,870 shares of the company's stock on June 6th. The stock was sold at an average price of $46.72, for a total transaction of $881,606.40.

The executive vice president now owns 253,176 shares in the company, valued at approximately $11,828,382.72. This sale is also worth noting, as it suggests that insiders may be reducing their exposure to the company's stock.

Dynatrace has received a lot of attention from research analysts, with many of them revising their price targets and ratings.

Truist Financial recently reissued a "buy" rating on Dynatrace with a price objective of $60.00, down from $70.00.

Capital One Financial started coverage on Dynatrace with an "overweight" rating and a $64.00 target price.

JPMorgan Chase & Co. dropped their target price on Dynatrace from $65.00 to $60.00, but still gave the company an "overweight" rating.

Bank of America also dropped their target price on Dynatrace, from $70.00 to $68.00, but maintained a "buy" rating.

Barclays, on the other hand, dropped their target price from $59.00 to $52.00 and gave Dynatrace an "equal weight" rating.

Overall, nineteen research analysts have given Dynatrace a "buy" rating, while five have given it a "hold" rating. This has resulted in a consensus rating of "Moderate Buy" and an average target price of $61.54, according to MarketBeat.com.

On a similar theme: Buy Thomas Skid Steer Parts