Fox Run Management L.L.C. Raises Stock Position in Dynatrace, Inc. (NYSE:DT)

Fox Run Management L.L.C. increased its holdings in shares of Dynatrace, Inc. (NYSE:DT - Free Report) by 180.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,094 shares of the company's stock after buying an additional 9,063 shares during the period. Fox Run Management L.L.C.'s holdings in Dynatrace were worth $766,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Pathstone Holdings LLC increased its stake in shares of Dynatrace by 2.6% during the third quarter. Pathstone Holdings LLC now owns 86,578 shares of the company's stock worth $4,629,000 after purchasing an additional 2,218 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Dynatrace during the third quarter valued at approximately $389,000. PNC Financial Services Group Inc. raised its holdings in shares of Dynatrace by 10.3% during the third quarter. PNC Financial Services Group Inc. now owns 33,679 shares of the company's stock valued at $1,801,000 after acquiring an additional 3,132 shares during the last quarter. Advisors Asset Management Inc. lifted its position in shares of Dynatrace by 22.4% in the third quarter. Advisors Asset Management Inc. now owns 5,279 shares of the company's stock valued at $282,000 after acquiring an additional 965 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in shares of Dynatrace by 53.6% in the third quarter. First Horizon Advisors Inc. now owns 1,510 shares of the company's stock worth $81,000 after acquiring an additional 527 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company's stock.

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Insider Transactions at Dynatrace

In related news, CFO James M. Benson sold 34,932 shares of the business's stock in a transaction 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 transaction, the chief financial officer now owns 339,004 shares in the company, valued at approximately $20,696,194.20. The trade was a 9.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Rick M. Mcconnell sold 40,000 shares of the firm's stock in a transaction on Friday, February 14th. The shares were sold at an average price of $61.42, for a total value of $2,456,800.00. Following the completion of the sale, the chief executive officer now owns 548,684 shares in the company, valued at approximately $33,700,171.28. This represents a 6.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 117,432 shares of company stock valued at $7,159,599. 0.59% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Barclays increased their price objective on Dynatrace from $64.00 to $67.00 and gave the company an "overweight" rating in a research note on Friday, December 6th. Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $57.00 target price on shares of Dynatrace in a research note on Thursday, February 6th. Needham & Company LLC reaffirmed a "hold" rating on shares of Dynatrace in a research note on Tuesday, February 18th. Morgan Stanley boosted their price target on shares of Dynatrace from $59.00 to $62.00 and gave the company an "equal weight" rating in a research report on Friday, January 31st. Finally, DA Davidson set a $70.00 target price on shares of Dynatrace in a research note on Friday, January 31st. Eight investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $63.35.

Dynatrace Trading Down 1.3 %

DT traded down $0.63 on Friday, hitting $48.39. 3,052,540 shares of the company were exchanged, compared to its average volume of 3,210,414. The company has a market cap of $14.48 billion, a price-to-earnings ratio of 30.24, a price-to-earnings-growth ratio of 7.05 and a beta of 1.12. The firm has a 50-day moving average price of $55.52 and a two-hundred day moving average price of $54.40. Dynatrace, Inc. has a twelve month low of $39.42 and a twelve month high of $63.00.

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.