Natixis Advisors LLC Buys 27,616 Shares of Dynatrace, Inc. (NYSE:DT)

Natixis Advisors LLC grew its holdings in Dynatrace, Inc. (NYSE:DT - Free Report) by 15.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 211,739 shares of the company's stock after buying an additional 27,616 shares during the period. Natixis Advisors LLC owned 0.07% of Dynatrace worth $11,508,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC lifted its holdings in Dynatrace by 40.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 611 shares of the company's stock worth $33,000 after purchasing an additional 176 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in Dynatrace during the 4th quarter worth approximately $38,000. Nisa Investment Advisors LLC lifted its holdings in Dynatrace by 271.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 725 shares of the company's stock worth $39,000 after purchasing an additional 530 shares during the last quarter. UMB Bank n.a. lifted its holdings in Dynatrace by 75.3% during the 4th quarter. UMB Bank n.a. now owns 1,259 shares of the company's stock worth $68,000 after purchasing an additional 541 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its holdings in Dynatrace by 173.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,437 shares of the company's stock worth $78,000 after purchasing an additional 911 shares during the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. BMO Capital Markets dropped their price target on Dynatrace from $70.00 to $60.00 and set an "outperform" rating for the company in a report on Monday, March 17th. Cantor Fitzgerald reissued a "neutral" rating and set a $57.00 price target on shares of Dynatrace in a report on Thursday, February 6th. Stifel Nicolaus lifted their price target on Dynatrace from $65.00 to $69.00 and gave the stock a "buy" rating in a report on Wednesday, February 19th. Guggenheim reaffirmed a "neutral" rating on shares of Dynatrace in a report on Friday, January 31st. Finally, Wells Fargo & Company set a $70.00 price objective on Dynatrace in a report on Friday, January 31st. Eight 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 company currently has a consensus rating of "Moderate Buy" and a consensus price target of $63.35.

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Insider Activity

In related news, Director Stephen J. Lifshatz sold 2,500 shares of the business's stock in a transaction 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 sale, 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 position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO James M. Benson sold 34,932 shares of the business's stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $61.05, for a total value of $2,132,598.60. Following the sale, the chief financial officer now owns 339,004 shares in the company, valued at $20,696,194.20. This represents a 9.34 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 117,432 shares of company stock worth $7,159,599. Insiders own 0.59% of the company's stock.

Dynatrace Stock Up 0.4 %

Shares of DT traded up $0.22 during midday trading on Friday, hitting $49.85. The company's stock had a trading volume of 4,565,606 shares, compared to its average volume of 3,150,488. Dynatrace, Inc. has a one year low of $39.42 and a one year high of $63.00. The company's fifty day simple moving average is $55.61 and its two-hundred day simple moving average is $54.43. The stock has a market capitalization of $14.92 billion, a price-to-earnings ratio of 31.15, a price-to-earnings-growth ratio of 7.05 and a beta of 1.12.

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.