Tredje AP fonden Increases Stock Holdings in Dynatrace, Inc. (NYSE:DT)

Tredje AP fonden grew its stake in Dynatrace, Inc. (NYSE:DT - Free Report) by 4.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 177,459 shares of the company's stock after acquiring an additional 6,965 shares during the period. Tredje AP fonden owned about 0.06% of Dynatrace worth $9,645,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in DT. Assetmark Inc. boosted its holdings in Dynatrace by 20.1% during the 3rd quarter. Assetmark Inc. now owns 39,354 shares of the company's stock valued at $2,104,000 after acquiring an additional 6,581 shares during the period. Atria Investments Inc boosted its stake in shares of Dynatrace by 3.4% in 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 period. Crossmark Global Holdings Inc. grew its holdings in shares of Dynatrace by 56.0% in the third quarter. Crossmark Global Holdings Inc. now owns 26,303 shares of the company's stock valued at $1,406,000 after purchasing an additional 9,444 shares in the last quarter. Los Angeles Capital Management LLC purchased a new stake in Dynatrace during the 3rd quarter worth approximately $600,000. Finally, Venturi Wealth Management LLC lifted its holdings in Dynatrace by 466.2% during the 3rd quarter. Venturi Wealth Management LLC now owns 2,214 shares of the company's stock worth $118,000 after buying an additional 1,823 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on DT shares. Needham & Company LLC restated a "hold" rating on shares of Dynatrace in a research note on Tuesday, February 18th. DA Davidson set a $70.00 target price on shares of Dynatrace in a research note on Friday, January 31st. BMO Capital Markets decreased their price target on shares of Dynatrace from $70.00 to $60.00 and set an "outperform" rating for the company in a research note on Monday. UBS Group increased their price objective on shares of Dynatrace from $58.00 to $62.00 and gave the company a "neutral" rating in a research report on Friday, January 31st. Finally, Guggenheim reaffirmed a "neutral" rating on shares of Dynatrace in a research report on Friday, January 31st. Eight analysts have rated the stock with a hold rating and sixteen have issued 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 $63.21.

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Dynatrace Trading Down 2.4 %

Shares of NYSE:DT traded down $1.20 during midday trading on Tuesday, hitting $49.19. The stock had a trading volume of 3,207,547 shares, compared to its average volume of 3,153,562. 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 price of $55.79 and a two-hundred day moving average price of $54.48. The company has a market capitalization of $14.72 billion, a PE ratio of 30.74, a P/E/G ratio of 7.05 and a beta of 1.12.

Insider Buying and Selling at Dynatrace

In related news, CFO James M. Benson sold 34,932 shares of the firm's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $61.05, for a total value of $2,132,598.60. Following the completion of the sale, the chief financial officer now owns 339,004 shares in the company, valued at $20,696,194.20. This trade represents a 9.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Stephen J. Lifshatz sold 2,500 shares of the company's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $60.88, for a total transaction of $152,200.00. Following 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 90 days, insiders have sold 117,432 shares of company stock valued at $7,159,599. 0.59% of the stock is owned by corporate insiders.

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.