Davidson Investment Advisors Buys 34,001 Shares of Dynatrace, Inc. (NYSE:DT)

Davidson Investment Advisors increased its position in Dynatrace, Inc. (NYSE:DT - Free Report) by 8.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 422,320 shares of the company's stock after buying an additional 34,001 shares during the quarter. Davidson Investment Advisors owned about 0.14% of Dynatrace worth $22,953,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of DT. Versant Capital Management Inc grew its position in Dynatrace by 11.9% in the fourth quarter. Versant Capital Management Inc now owns 1,933 shares of the company's stock worth $105,000 after buying an additional 206 shares during the last quarter. Virtue Capital Management LLC grew its holdings in shares of Dynatrace by 4.2% in the 3rd quarter. Virtue Capital Management LLC now owns 5,275 shares of the company's stock worth $282,000 after acquiring an additional 212 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in shares of Dynatrace by 2.5% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 9,202 shares of the company's stock valued at $500,000 after purchasing an additional 222 shares during the last quarter. Atria Investments Inc lifted its holdings in shares of Dynatrace by 3.4% during the third quarter. Atria Investments Inc now owns 7,201 shares of the company's stock valued at $385,000 after purchasing an additional 240 shares during the last quarter. Finally, Avior Wealth Management LLC boosted its position in shares of Dynatrace by 2.9% in the 3rd quarter. Avior Wealth Management LLC now owns 8,797 shares of the company's stock valued at $470,000 after purchasing an additional 248 shares during the period. Institutional investors own 94.28% of the company's stock.

Insider Transactions at Dynatrace

In related news, Director Stephen J. Lifshatz sold 2,500 shares of the company's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $60.88, for a total transaction of $152,200.00. Following the completion of the sale, the director now directly owns 36,471 shares of the company's stock, valued at approximately $2,220,354.48. This represents a 6.42 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Bernd Greifeneder sold 50,000 shares of the firm's stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $57.83, for a total transaction of $2,891,500.00. Following the completion of the transaction, the executive vice president now owns 1,007,038 shares in the company, valued at $58,237,007.54. The trade was a 4.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 167,459 shares of company stock worth $10,052,682. 0.59% of the stock is owned by corporate insiders.

Dynatrace Trading Down 2.4 %

Dynatrace stock traded down $1.45 during mid-day trading on Friday, hitting $59.79. 2,823,669 shares of the company's stock were exchanged, compared to its average volume of 3,433,855. Dynatrace, Inc. has a 1-year low of $39.42 and a 1-year high of $63.00. The stock has a 50 day moving average of $56.08 and a two-hundred day moving average of $53.84. The stock has a market cap of $17.90 billion, a P/E ratio of 37.37, a P/E/G ratio of 7.10 and a beta of 1.04.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Loop Capital boosted their price objective on Dynatrace from $45.00 to $55.00 and gave the stock a "hold" rating in a report on Friday, November 8th. BMO Capital Markets boosted their price target on shares of Dynatrace from $53.00 to $61.00 and gave the company an "outperform" rating in a report on Friday, November 8th. Royal Bank of Canada raised their price objective on shares of Dynatrace from $65.00 to $69.00 and gave the stock an "outperform" rating in a research note on Friday, January 31st. Stifel Nicolaus lifted their price objective on shares of Dynatrace from $65.00 to $69.00 and gave the stock a "buy" rating in a research report on Wednesday. Finally, Wedbush restated an "outperform" rating and issued a $67.00 target price on shares of Dynatrace in a report on Friday, January 31st. Eight investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $62.04.

Dynatrace 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.