Susquehanna Fundamental Investments LLC Makes New Investment in Dynatrace, Inc. (NYSE:DT)

Susquehanna Fundamental Investments LLC bought a new position in shares of Dynatrace, Inc. (NYSE:DT - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 148,749 shares of the company's stock, valued at approximately $8,085,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Coldstream Capital Management Inc. boosted its stake in shares of Dynatrace by 9.8% during the 4th quarter. Coldstream Capital Management Inc. now owns 4,990 shares of the company's stock worth $271,000 after acquiring an additional 446 shares in the last quarter. Coppell Advisory Solutions LLC boosted its stake in shares of Dynatrace by 1,423.4% during the 4th quarter. Coppell Advisory Solutions LLC now owns 716 shares of the company's stock worth $39,000 after acquiring an additional 669 shares in the last quarter. MGO One Seven LLC boosted its stake in shares of Dynatrace by 21.1% during the 4th quarter. MGO One Seven LLC now owns 5,890 shares of the company's stock worth $320,000 after acquiring an additional 1,028 shares in the last quarter. Pinebridge Investments L.P. boosted its stake in shares of Dynatrace by 104.5% during the 4th quarter. Pinebridge Investments L.P. now owns 368,800 shares of the company's stock worth $20,044,000 after acquiring an additional 188,461 shares in the last quarter. Finally, Dark Forest Capital Management LP purchased a new stake in shares of Dynatrace during the 4th quarter worth approximately $369,000. Institutional investors and hedge funds own 94.28% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on DT shares. Needham & Company LLC reissued a "hold" rating on shares of Dynatrace in a research note on Tuesday, February 18th. Royal Bank of Canada upped their target price on Dynatrace from $65.00 to $69.00 and gave the company an "outperform" rating in a research note on Friday, January 31st. Morgan Stanley reduced their target price on Dynatrace from $62.00 to $50.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. DA Davidson reduced their target price on Dynatrace from $70.00 to $52.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Wells Fargo & Company set a $70.00 target price on 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's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $60.95.

Dynatrace Stock Up 0.7 %

DT stock opened at $46.43 on Monday. The company has a market cap of $13.90 billion, a price-to-earnings ratio of 29.02, a PEG ratio of 7.05 and a beta of 1.05. The business has a fifty day simple moving average of $49.15 and a 200-day simple moving average of $53.14. Dynatrace, Inc. has a 52 week low of $39.30 and a 52 week high of $63.00.

Insider Transactions at Dynatrace

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

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.

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