Dynatrace, Inc. (NYSE:DT) Stock Holdings Boosted by Artemis Investment Management LLP

Artemis Investment Management LLP raised its stake in Dynatrace, Inc. (NYSE:DT - Free Report) by 18.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 343,161 shares of the company's stock after acquiring an additional 53,271 shares during the quarter. Artemis Investment Management LLP owned approximately 0.11% of Dynatrace worth $18,651,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Riverview Trust Co raised its holdings in Dynatrace by 70.6% in the 3rd quarter. Riverview Trust Co now owns 621 shares of the company's stock valued at $33,000 after acquiring an additional 257 shares during the last quarter. Paladin Wealth LLC purchased a new stake in shares of Dynatrace in the third quarter valued at $38,000. UMB Bank n.a. increased its stake in Dynatrace by 292.3% in the third quarter. UMB Bank n.a. now owns 718 shares of the company's stock valued at $38,000 after purchasing an additional 535 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in Dynatrace during the third quarter worth about $52,000. Finally, Park Place Capital Corp boosted its stake in Dynatrace by 48.6% in the 3rd quarter. Park Place Capital Corp now owns 1,412 shares of the company's stock worth $76,000 after buying an additional 462 shares during the last quarter. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on DT. Scotiabank increased their price objective on shares of Dynatrace from $55.00 to $62.00 and gave the stock a "sector outperform" rating in a report on Friday, November 8th. Jefferies Financial Group boosted their price objective on shares of Dynatrace from $60.00 to $65.00 and gave the company a "buy" rating in a research note on Tuesday, October 22nd. Barclays upped their price objective on Dynatrace from $64.00 to $67.00 and gave the stock an "overweight" rating in a report on Friday, December 6th. BMO Capital Markets boosted their price target on Dynatrace from $53.00 to $61.00 and gave the company an "outperform" rating in a research report on Friday, November 8th. Finally, BTIG Research raised their price objective on Dynatrace from $57.00 to $63.00 and gave the stock a "buy" rating in a report on Wednesday, October 23rd. Eight research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $61.92.

Insiders Place Their Bets

In other news, EVP Bernd Greifeneder sold 50,000 shares of Dynatrace stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $57.83, for a total value of $2,891,500.00. Following the completion of the transaction, the executive vice president now directly owns 1,007,038 shares of the company's stock, valued at approximately $58,237,007.54. The trade was a 4.73 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.59% of the stock is currently owned by company insiders.

Dynatrace Stock Performance

Shares of Dynatrace stock traded up $0.25 during trading on Monday, reaching $51.31. The company had a trading volume of 3,070,671 shares, compared to its average volume of 2,224,432. The company has a market cap of $15.31 billion, a price-to-earnings ratio of 93.29, a price-to-earnings-growth ratio of 7.39 and a beta of 1.02. Dynatrace, Inc. has a fifty-two week low of $39.42 and a fifty-two week high of $61.41. The firm's fifty day moving average is $54.27 and its 200-day moving average is $51.32.

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.