Nomura Asset Management Co. Ltd. Grows Holdings in Dynatrace, Inc. (NYSE:DT)

Nomura Asset Management Co. Ltd. increased its holdings in Dynatrace, Inc. (NYSE:DT - Free Report) by 8.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 168,346 shares of the company's stock after buying an additional 13,478 shares during the period. Nomura Asset Management Co. Ltd. owned 0.06% of Dynatrace worth $9,150,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of DT. Smartleaf Asset Management LLC boosted its position in shares of Dynatrace by 40.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 611 shares of the company's stock valued at $33,000 after acquiring an additional 176 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in shares of Dynatrace during the 4th quarter valued at about $38,000. Nisa Investment Advisors LLC raised its holdings in shares of Dynatrace by 271.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 725 shares of the company's stock valued at $39,000 after buying an additional 530 shares in the last quarter. UMB Bank n.a. lifted its position in Dynatrace by 75.3% in the 4th 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 Dynatrace by 173.2% in the 4th 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. Institutional investors own 94.28% of the company's stock.

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Dynatrace Price Performance

Dynatrace stock traded up $0.63 during midday trading on Wednesday, reaching $48.46. 2,259,361 shares of the company traded hands, compared to its average volume of 3,219,452. Dynatrace, Inc. has a 12 month low of $39.42 and a 12 month high of $63.00. The business has a 50 day moving average of $55.33 and a two-hundred day moving average of $54.41. The firm has a market capitalization of $14.51 billion, a price-to-earnings ratio of 30.29, a price-to-earnings-growth ratio of 7.05 and a beta of 1.12.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Jefferies Financial Group decreased their price target on shares of Dynatrace from $70.00 to $65.00 and set a "buy" rating on the stock in a research note on Monday. Barclays lifted their target price on shares of Dynatrace from $64.00 to $67.00 and gave the stock an "overweight" rating in a research report on Friday, December 6th. DA Davidson set a $70.00 price target on shares of Dynatrace in a research report on Friday, January 31st. Cantor Fitzgerald restated a "neutral" rating and issued a $57.00 price objective on shares of Dynatrace in a report on Thursday, February 6th. Finally, Rosenblatt Securities reiterated a "buy" rating and set a $67.00 target price on shares of Dynatrace in a report on Thursday, February 6th. Eight equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $63.35.

Insider Buying and Selling at Dynatrace

In other Dynatrace news, CFO James M. Benson sold 34,932 shares of the company's stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of $61.05, for a total transaction of $2,132,598.60. Following the completion of the sale, the chief financial officer now directly owns 339,004 shares of the company's stock, valued at approximately $20,696,194.20. This represents a 9.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephen J. Lifshatz sold 2,500 shares of the stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $60.88, for a total transaction of $152,200.00. Following the completion of the transaction, the director now owns 36,471 shares in the company, valued at $2,220,354.48. The trade was 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 sold 117,432 shares of company stock worth $7,159,599. Insiders own 0.59% of the company's stock.

About Dynatrace

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.