Trillium Asset Management LLC Has $9.84 Million Stock Holdings in Dynatrace, Inc. (NYSE:DT)

Trillium Asset Management LLC trimmed its stake in Dynatrace, Inc. (NYSE:DT - Free Report) by 4.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 181,019 shares of the company's stock after selling 7,458 shares during the period. Trillium Asset Management LLC owned about 0.06% of Dynatrace worth $9,839,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Retirement Systems of Alabama boosted its stake in Dynatrace by 21.9% in the third quarter. Retirement Systems of Alabama now owns 361,884 shares of the company's stock worth $19,350,000 after purchasing an additional 64,999 shares in the last quarter. Geode Capital Management LLC boosted its stake in Dynatrace by 20.8% in the third quarter. Geode Capital Management LLC now owns 5,127,967 shares of the company's stock worth $273,610,000 after purchasing an additional 884,673 shares in the last quarter. Synovus Financial Corp boosted its stake in Dynatrace by 27.8% in the third quarter. Synovus Financial Corp now owns 64,093 shares of the company's stock worth $3,427,000 after purchasing an additional 13,957 shares in the last quarter. QRG Capital Management Inc. boosted its stake in Dynatrace by 16.9% in the fourth quarter. QRG Capital Management Inc. now owns 64,099 shares of the company's stock worth $3,484,000 after purchasing an additional 9,251 shares in the last quarter. Finally, OFI Invest Asset Management acquired a new position in Dynatrace in the fourth quarter worth $842,000. 94.28% of the stock is currently owned by institutional investors.

Dynatrace Price Performance

Shares of Dynatrace stock traded up $0.22 during trading hours 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 12 month low of $39.42 and a 12 month high of $63.00. The stock has a 50 day moving average of $55.61 and a 200 day moving average of $54.43. The company has a market capitalization of $14.92 billion, a PE ratio of 31.15, a price-to-earnings-growth ratio of 7.05 and a beta of 1.12.

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Analyst Ratings Changes

A number of equities analysts have commented on DT shares. Scotiabank boosted their price objective on Dynatrace from $62.00 to $67.00 and gave the stock a "sector outperform" rating in a research note on Friday, January 31st. DA Davidson set a $70.00 price target on Dynatrace in a research note on Friday, January 31st. Morgan Stanley upped their price target on Dynatrace from $59.00 to $62.00 and gave the company an "equal weight" rating in a research note on Friday, January 31st. Truist Financial upped their price target on Dynatrace from $60.00 to $70.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Dynatrace in a research note on Tuesday, February 18th. Eight research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $63.35.

Insiders Place Their Bets

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