48,780 Shares in Dynatrace, Inc. (NYSE:DT) Purchased by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP bought a new stake in shares of Dynatrace, Inc. (NYSE:DT - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 48,780 shares of the company's stock, valued at approximately $2,651,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Huntington National Bank boosted its stake in Dynatrace by 218.0% during the 4th quarter. Huntington National Bank now owns 884 shares of the company's stock valued at $48,000 after purchasing an additional 606 shares during the period. Trexquant Investment LP grew its position in Dynatrace by 74.5% in the 4th quarter. Trexquant Investment LP now owns 178,482 shares of the company's stock valued at $9,700,000 after buying an additional 76,216 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Dynatrace by 1.7% during the 4th quarter. Geode Capital Management LLC now owns 5,215,824 shares of the company's stock worth $282,985,000 after buying an additional 87,857 shares in the last quarter. Franklin Resources Inc. lifted its stake in shares of Dynatrace by 460.8% in the 4th quarter. Franklin Resources Inc. now owns 81,099 shares of the company's stock worth $4,408,000 after acquiring an additional 66,638 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in shares of Dynatrace by 54.3% in the fourth quarter. Alliancebernstein L.P. now owns 666,041 shares of the company's stock valued at $36,199,000 after acquiring an additional 234,410 shares in the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

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Analyst Ratings Changes

A number of equities research analysts have weighed in on DT shares. Needham & Company LLC reissued a "hold" rating on shares of Dynatrace in a report on Tuesday, February 18th. Morgan Stanley upped their price target on Dynatrace from $59.00 to $62.00 and gave the company an "equal weight" rating in a report on Friday, January 31st. DA Davidson set a $70.00 price objective on Dynatrace in a research note on Friday, January 31st. Guggenheim reaffirmed a "neutral" rating on shares of Dynatrace in a research report on Friday, January 31st. Finally, Robert W. Baird set a $65.00 price target on Dynatrace in a research report on Friday, January 31st. Eight investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $63.13.

Insider Transactions at Dynatrace

In other news, Director Stephen J. Lifshatz sold 2,500 shares of Dynatrace stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $60.88, for a total value of $152,200.00. Following the transaction, the director now directly owns 36,471 shares in the company, valued at approximately $2,220,354.48. The trade was a 6.42 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO James M. Benson sold 34,932 shares of the stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $61.05, for a total value of $2,132,598.60. Following the sale, the chief financial officer now owns 339,004 shares of the company's stock, valued at approximately $20,696,194.20. The trade was a 9.34 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 117,432 shares of company stock worth $7,159,599. 0.59% of the stock is owned by corporate insiders.

Dynatrace Trading Down 0.8 %

Dynatrace stock traded down $0.34 during mid-day trading on Friday, hitting $43.04. 3,207,357 shares of the company's stock were exchanged, compared to its average volume of 3,229,932. Dynatrace, Inc. has a 1-year low of $39.30 and a 1-year high of $63.00. The stock has a 50 day moving average of $52.65 and a two-hundred day moving average of $53.80. The stock has a market cap of $12.88 billion, a P/E ratio of 26.90, a P/E/G ratio of 7.05 and a beta of 1.05.

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.