Dynatrace, Inc. (NYSE:DT) Shares Acquired by Vontobel Holding Ltd.

Vontobel Holding Ltd. lifted its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,903 shares of the company’s stock after buying an additional 378 shares during the quarter. Vontobel Holding Ltd.’s holdings in Dynatrace were worth $756,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Nisa Investment Advisors LLC raised its stake in Dynatrace by 271.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 725 shares of the company’s stock valued at $39,000 after purchasing an additional 530 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in Dynatrace in the 3rd quarter valued at $52,000. UMB Bank n.a. raised its stake in Dynatrace by 75.3% in the 4th quarter. UMB Bank n.a. now owns 1,259 shares of the company’s stock valued at $68,000 after purchasing an additional 541 shares during the last quarter. First Horizon Advisors Inc. increased its stake in shares of Dynatrace by 53.6% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,510 shares of the company’s stock worth $81,000 after acquiring an additional 527 shares during the last quarter. Finally, Financial Life Planners acquired a new stake in shares of Dynatrace in the 4th quarter worth $83,000. 94.28% of the stock is owned by institutional investors and hedge funds.

Dynatrace Price Performance

DT stock opened at $61.68 on Thursday. The firm has a market capitalization of $18.46 billion, a P/E ratio of 38.55, a P/E/G ratio of 7.06 and a beta of 1.04. The business’s 50-day moving average is $55.87 and its two-hundred day moving average is $53.66. Dynatrace, Inc. has a 1 year low of $39.42 and a 1 year high of $63.00.

Insider Buying and Selling at Dynatrace

In other news, Director Stephen J. Lifshatz sold 2,500 shares of the firm’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $60.88, for a total transaction of $152,200.00. Following the sale, the director now owns 36,471 shares of the company’s stock, valued at approximately $2,220,354.48. This trade represents a 6.42 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 sale, the chief executive officer now directly owns 548,684 shares in the company, valued at $33,700,171.28. This trade represents a 6.79 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 127,459 shares of company stock valued at $7,634,682 in the last quarter. Corporate insiders own 0.59% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on DT shares. Barclays raised their target price on Dynatrace from $64.00 to $67.00 and gave the stock an “overweight” rating in a research note on Friday, December 6th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $57.00 target price on shares of Dynatrace in a research note on Thursday, February 6th. UBS Group raised their target price on Dynatrace from $58.00 to $62.00 and gave the stock a “neutral” rating in a research note on Friday, January 31st. Needham & Company LLC reaffirmed a “hold” rating on shares of Dynatrace in a research note on Tuesday. Finally, Truist Financial raised their target price on Dynatrace from $60.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Eight research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $62.04.

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.