TT International Asset Management LTD Has $4.87 Million Stock Holdings in Dynatrace, Inc. (NYSE:DT)

TT International Asset Management LTD grew its holdings in shares of Dynatrace, Inc. (NYSE:DT - Free Report) by 995.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 91,163 shares of the company's stock after purchasing an additional 82,844 shares during the quarter. Dynatrace makes up about 0.6% of TT International Asset Management LTD's investment portfolio, making the stock its 27th biggest position. TT International Asset Management LTD's holdings in Dynatrace were worth $4,874,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in DT. Crossmark Global Holdings Inc. grew its stake in Dynatrace by 56.0% in the third quarter. Crossmark Global Holdings Inc. now owns 26,303 shares of the company's stock worth $1,406,000 after purchasing an additional 9,444 shares in the last quarter. Assenagon Asset Management S.A. grew its position in Dynatrace by 1,146.0% in the second quarter. Assenagon Asset Management S.A. now owns 2,208,137 shares of the company's stock worth $98,792,000 after buying an additional 2,030,915 shares during the last quarter. Walter Public Investments Inc. grew its position in Dynatrace by 12.5% in the second quarter. Walter Public Investments Inc. now owns 320,099 shares of the company's stock worth $14,321,000 after buying an additional 35,626 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in Dynatrace during the 3rd quarter worth approximately $600,000. Finally, Swiss National Bank grew its position in Dynatrace by 6.6% during the 3rd quarter. Swiss National Bank now owns 840,801 shares of the company's stock worth $44,958,000 after purchasing an additional 52,000 shares in the last quarter. Hedge funds and other institutional investors own 94.28% of the company's stock.

Dynatrace Stock Down 0.2 %

NYSE DT traded down $0.11 during trading hours on Wednesday, hitting $56.82. The company's stock had a trading volume of 1,481,889 shares, compared to its average volume of 3,349,698. The stock has a fifty day moving average of $54.55 and a 200 day moving average of $49.69. Dynatrace, Inc. has a twelve month low of $39.42 and a twelve month high of $61.41. The firm has a market capitalization of $16.96 billion, a P/E ratio of 103.55, a PEG ratio of 8.52 and a beta of 1.01.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. BNP Paribas assumed coverage on shares of Dynatrace in a research note on Tuesday, October 8th. They set a "neutral" rating and a $52.00 target price for the company. Loop Capital lifted their price objective on shares of Dynatrace from $45.00 to $55.00 and gave the company a "hold" rating in a research note on Friday, November 8th. BTIG Research lifted their price objective on shares of Dynatrace from $57.00 to $63.00 and gave the company a "buy" rating in a research note on Wednesday, October 23rd. BMO Capital Markets boosted their target price on shares of Dynatrace from $53.00 to $61.00 and gave the stock an "outperform" rating in a research report on Friday, November 8th. Finally, Scotiabank boosted their target price on shares of Dynatrace from $55.00 to $62.00 and gave the stock a "sector outperform" rating in a research report on Friday, November 8th. Six analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $61.48.

Insider Buying and Selling at Dynatrace

In other Dynatrace news, Director Stephen J. Lifshatz sold 5,000 shares of the stock in a transaction on Friday, October 11th. The shares were sold at an average price of $55.00, for a total value of $275,000.00. Following the completion of the sale, the director now owns 41,471 shares in the company, valued at $2,280,905. This trade represents a 10.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Rick M. Mcconnell sold 50,000 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of $51.50, for a total transaction of $2,575,000.00. Following the completion of the sale, the chief executive officer now owns 650,587 shares of the company's stock, valued at approximately $33,505,230.50. This represents a 7.14 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 105,027 shares of company stock valued at $5,743,084. Corporate insiders own 0.59% of the company's stock.

About Dynatrace

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.