Dynatrace, Inc. (NYSE:DT) Stock Holdings Lifted by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in Dynatrace, Inc. (NYSE:DT) by 0.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,921 shares of the company’s stock after purchasing an additional 253 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Dynatrace were worth $3,583,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DT. Smartleaf Asset Management LLC grew its stake in Dynatrace by 40.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 611 shares of the company’s stock valued at $33,000 after purchasing an additional 176 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of Dynatrace in the fourth quarter worth about $38,000. Nisa Investment Advisors LLC lifted its position in shares of Dynatrace by 271.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 725 shares of the company’s stock worth $39,000 after buying an additional 530 shares during the last quarter. UMB Bank n.a. lifted its position in shares of Dynatrace by 75.3% in the fourth quarter. UMB Bank n.a. now owns 1,259 shares of the company’s stock worth $68,000 after buying an additional 541 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its position in shares of Dynatrace by 173.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,437 shares of the company’s stock worth $78,000 after buying an additional 911 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insider Activity

In other news, CEO Rick M. Mcconnell sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $61.42, for a total value of $2,456,800.00. Following the sale, the chief executive officer now directly owns 548,684 shares in the company, valued at approximately $33,700,171.28. This represents a 6.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Stephen J. Lifshatz sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $60.88, for a total value of $152,200.00. Following the completion of the sale, the director now owns 36,471 shares in the company, valued at approximately $2,220,354.48. This represents a 6.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 117,432 shares of company stock worth $7,159,599. Company insiders own 0.59% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on DT shares. Barclays boosted their price target on Dynatrace from $64.00 to $67.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Guggenheim reaffirmed a “neutral” rating on shares of Dynatrace in a research report on Friday, January 31st. Needham & Company LLC reaffirmed a “hold” rating on shares of Dynatrace in a research report on Tuesday, February 18th. Robert W. Baird set a $65.00 price target on Dynatrace in a research report on Friday, January 31st. Finally, UBS Group boosted their price objective on Dynatrace from $58.00 to $62.00 and gave the stock a “neutral” rating in a research report on Friday, January 31st. Eight research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $63.35.

Dynatrace Stock Up 0.4 %

Shares of DT opened at $49.85 on Monday. Dynatrace, Inc. has a 12-month low of $39.42 and a 12-month high of $63.00. The firm has a market capitalization of $14.92 billion, a price-to-earnings ratio of 31.15, a P/E/G ratio of 7.05 and a beta of 1.12. The stock’s 50-day moving average price is $55.61 and its 200 day moving average price is $54.47.

Dynatrace Company Profile

Dynatrace, Inc provides a security platform for multicloud environments in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, a security platform, which provides application and microservices monitoring, runtime application security, infrastructure monitoring, log management and analytics, digital experience monitoring, digital business analytics, and cloud automation.