Dynatrace, Inc. (NYSE:DT) Shares Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC increased its position in shares of Dynatrace, Inc. (NYSE:DT - Free Report) by 20.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,600 shares of the company's stock after purchasing an additional 5,023 shares during the period. Park Avenue Securities LLC's holdings in Dynatrace were worth $1,609,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its position in Dynatrace by 68.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,153,476 shares of the company's stock valued at $51,601,000 after purchasing an additional 467,121 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in Dynatrace by 2.0% in the second quarter. Mercer Global Advisors Inc. ADV now owns 20,262 shares of the company's stock valued at $907,000 after buying an additional 406 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in Dynatrace by 10.5% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 25,076 shares of the company's stock worth $1,122,000 after buying an additional 2,389 shares during the period. Intech Investment Management LLC boosted its stake in Dynatrace by 22.7% during the second quarter. Intech Investment Management LLC now owns 40,558 shares of the company's stock worth $1,815,000 after buying an additional 7,495 shares during the period. Finally, Benjamin F. Edwards & Company Inc. increased its position in shares of Dynatrace by 56.3% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 20,344 shares of the company's stock valued at $910,000 after acquiring an additional 7,331 shares during the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DT has been the topic of several recent analyst reports. Needham & Company LLC restated a "hold" rating on shares of Dynatrace in a report on Friday, November 8th. Scotiabank upped their price target on Dynatrace from $55.00 to $62.00 and gave the stock a "sector outperform" rating in a research note on Friday, November 8th. JPMorgan Chase & Co. lifted their price objective on Dynatrace from $55.00 to $60.00 and gave the company an "overweight" rating in a research note on Wednesday, October 30th. Loop Capital lifted their target price on Dynatrace from $45.00 to $55.00 and gave the company a "hold" rating in a research report on Friday, November 8th. Finally, Rosenblatt Securities reissued a "buy" rating and set a $65.00 price target on shares of Dynatrace in a research report on Wednesday, November 6th. Eight investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Dynatrace presently has a consensus rating of "Moderate Buy" and a consensus price target of $61.92.

Insider Transactions at Dynatrace

In related news, EVP Bernd Greifeneder sold 50,000 shares of the company's stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $57.83, for a total transaction of $2,891,500.00. Following the transaction, the executive vice president now owns 1,007,038 shares of the company's stock, valued at $58,237,007.54. This represents a 4.73 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.59% of the company's stock.

Dynatrace Stock Up 0.5 %

NYSE:DT traded up $0.25 during midday trading on Friday, reaching $51.31. The stock had a trading volume of 3,070,671 shares, compared to its average volume of 2,224,432. The stock has a market cap of $15.31 billion, a P/E ratio of 93.29, a P/E/G ratio of 7.39 and a beta of 1.02. The firm has a fifty day simple moving average of $54.27 and a two-hundred day simple moving average of $51.27. Dynatrace, Inc. has a 12-month low of $39.42 and a 12-month high of $61.41.

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.