Janney Montgomery Scott LLC Increases Stock Holdings in Dynatrace, Inc. (NYSE:DT)

Janney Montgomery Scott LLC lifted its position in Dynatrace, Inc. (NYSE:DT - Free Report) by 69.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,954 shares of the company's stock after purchasing an additional 6,154 shares during the quarter. Janney Montgomery Scott LLC's holdings in Dynatrace were worth $813,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Riverview Trust Co increased its holdings in shares of Dynatrace by 70.6% in the third quarter. Riverview Trust Co now owns 621 shares of the company's stock worth $33,000 after buying an additional 257 shares during the period. Paladin Wealth LLC bought a new position in Dynatrace during the 3rd quarter worth approximately $38,000. UMB Bank n.a. increased its stake in Dynatrace by 292.3% in the 3rd quarter. UMB Bank n.a. now owns 718 shares of the company's stock worth $38,000 after purchasing an additional 535 shares during the period. Nisa Investment Advisors LLC lifted its position in Dynatrace by 271.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 725 shares of the company's stock valued at $39,000 after purchasing an additional 530 shares during the last quarter. Finally, Capital Performance Advisors LLP purchased a new stake in shares of Dynatrace during the third quarter valued at approximately $52,000. 94.28% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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

Analyst Upgrades and Downgrades

DT has been the topic of several analyst reports. JPMorgan Chase & Co. lifted their target price on shares of Dynatrace from $55.00 to $60.00 and gave the stock an "overweight" rating in a research note on Wednesday, October 30th. Barclays increased their target price on shares of Dynatrace from $64.00 to $67.00 and gave the stock an "overweight" rating in a report on Friday, December 6th. Guggenheim reissued a "neutral" rating on shares of Dynatrace in a research note on Friday, January 31st. Wedbush reiterated an "outperform" rating and issued a $67.00 price objective on shares of Dynatrace in a report on Friday, January 31st. Finally, Loop Capital boosted their target price on Dynatrace from $45.00 to $55.00 and gave the company a "hold" rating in a research note on Friday, November 8th. Eight equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company's stock. According to data from MarketBeat, Dynatrace currently has a consensus rating of "Moderate Buy" and a consensus price target of $61.74.

Dynatrace Trading Up 2.2 %

Dynatrace stock traded up $1.33 during mid-day trading on Monday, hitting $61.16. The company had a trading volume of 2,873,826 shares, compared to its average volume of 3,595,259. Dynatrace, Inc. has a 12 month low of $39.42 and a 12 month high of $61.40. The company has a market capitalization of $18.31 billion, a PE ratio of 38.23, a price-to-earnings-growth ratio of 6.93 and a beta of 1.04. The stock's 50 day moving average price is $55.21 and its two-hundred day moving average price is $52.70.

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.