Two Sigma Advisers LP Has $13.27 Million Position in Dynatrace, Inc. (NYSE:DT)

Two Sigma Advisers LP increased its stake in shares of Dynatrace, Inc. (NYSE:DT - Free Report) by 157.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 248,100 shares of the company's stock after purchasing an additional 151,900 shares during the quarter. Two Sigma Advisers LP owned approximately 0.08% of Dynatrace worth $13,266,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Crossmark Global Holdings Inc. grew its stake in shares of Dynatrace by 56.0% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 26,303 shares of the company's stock valued at $1,406,000 after buying 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 acquiring an additional 2,030,915 shares in the last quarter. Walter Public Investments Inc. increased its stake in shares of Dynatrace by 12.5% during the 2nd quarter. Walter Public Investments Inc. now owns 320,099 shares of the company's stock worth $14,321,000 after purchasing an additional 35,626 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Dynatrace during the 3rd quarter valued at $600,000. Finally, Swiss National Bank lifted its stake in shares of Dynatrace by 6.6% in the 3rd quarter. Swiss National Bank now owns 840,801 shares of the company's stock valued at $44,958,000 after purchasing an additional 52,000 shares during the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Needham & Company LLC reissued a "hold" rating on shares of Dynatrace in a research report on Friday, November 8th. Rosenblatt Securities reissued a "buy" rating and set a $65.00 target price on shares of Dynatrace in a research report on Wednesday, November 6th. BNP Paribas began coverage on Dynatrace in a research report on Tuesday, October 8th. They issued a "neutral" rating and a $52.00 target price for the company. Jefferies Financial Group lifted their price objective on Dynatrace from $60.00 to $65.00 and gave the company a "buy" rating in a report on Tuesday, October 22nd. Finally, UBS Group started coverage on shares of Dynatrace in a research note on Wednesday, November 27th. They issued a "neutral" rating and a $58.00 target price on the stock. Six investment analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $61.48.

Dynatrace Stock Down 1.5 %

NYSE DT traded down $0.89 during trading hours on Monday, hitting $57.42. The company's stock had a trading volume of 2,062,311 shares, compared to its average volume of 3,363,588. The stock has a fifty day moving average of $54.37 and a 200 day moving average of $49.55. 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 $17.14 billion, a P/E ratio of 104.40, a PEG ratio of 8.52 and a beta of 1.01.

Insider Transactions at Dynatrace

In related news, Director Stephen J. Lifshatz sold 5,000 shares of the company's 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 represents a 10.76 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Bernd Greifeneder sold 50,000 shares of Dynatrace stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $57.83, for a total value of $2,891,500.00. Following the transaction, the executive vice president now owns 1,007,038 shares in the company, valued at approximately $58,237,007.54. This represents a 4.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 105,027 shares of company stock worth $5,743,084 in the last three months. 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.