Cwm LLC Has $378,000 Stock Holdings in Dynatrace, Inc. (NYSE:DT)

Cwm LLC lifted its stake in Dynatrace, Inc. (NYSE:DT) by 199.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,066 shares of the company’s stock after purchasing an additional 4,709 shares during the quarter. Cwm LLC’s holdings in Dynatrace were worth $378,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of DT. Vanguard Group Inc. boosted its holdings in shares of Dynatrace by 6.4% in the first quarter. Vanguard Group Inc. now owns 27,945,251 shares of the company’s stock worth $1,297,777,000 after buying an additional 1,680,971 shares during the period. Janus Henderson Group PLC boosted its stake in Dynatrace by 8.7% in the 1st quarter. Janus Henderson Group PLC now owns 7,279,365 shares of the company’s stock worth $338,053,000 after purchasing an additional 583,220 shares during the period. American Century Companies Inc. boosted its stake in Dynatrace by 13.2% in the 2nd quarter. American Century Companies Inc. now owns 6,701,539 shares of the company’s stock worth $299,827,000 after purchasing an additional 782,588 shares during the period. RGM Capital LLC grew its position in Dynatrace by 6.2% during the 2nd quarter. RGM Capital LLC now owns 3,848,775 shares of the company’s stock worth $172,194,000 after purchasing an additional 225,000 shares in the last quarter. Finally, Eminence Capital LP acquired a new stake in Dynatrace during the 2nd quarter valued at $158,369,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insider Buying and Selling at Dynatrace

In other news, Director Stephen J. Lifshatz sold 5,000 shares of Dynatrace stock in a transaction dated Friday, October 11th. The stock was sold at an average price of $55.00, for a total value of $275,000.00. Following the transaction, the director now directly owns 41,471 shares in the company, valued at approximately $2,280,905. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, Director Stephen J. Lifshatz sold 5,000 shares of the business’s stock in a transaction on Friday, October 11th. The shares were sold at an average price of $55.00, for a total transaction of $275,000.00. Following the transaction, the director now owns 41,471 shares of the company’s stock, valued at approximately $2,280,905. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Rick M. Mcconnell sold 50,000 shares of the company’s 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 transaction, the chief executive officer now owns 650,587 shares of the company’s stock, valued at approximately $33,505,230.50. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 66,022 shares of company stock worth $3,397,904 over the last ninety days. Company insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Wells Fargo & Company decreased their target price on Dynatrace from $60.00 to $50.00 and set an “overweight” rating for the company in a research report on Tuesday, August 6th. Guggenheim lifted their target price on Dynatrace from $55.00 to $64.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Scotiabank increased their price target on shares of Dynatrace from $52.00 to $55.00 and gave the stock a “sector outperform” rating in a research report on Thursday, August 8th. Needham & Company LLC restated a “hold” rating on shares of Dynatrace in a report on Tuesday, August 6th. Finally, BNP Paribas initiated coverage on shares of Dynatrace in a research note on Tuesday, October 8th. They issued a “neutral” rating and a $52.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $60.57.

Dynatrace Stock Performance

Shares of DT stock opened at $54.86 on Monday. The company has a market capitalization of $16.36 billion, a price-to-earnings ratio of 105.50, a PEG ratio of 7.93 and a beta of 1.06. The stock’s 50 day simple moving average is $51.45 and its 200 day simple moving average is $47.54. Dynatrace, Inc. has a twelve month low of $39.42 and a twelve month high of $61.41.

Dynatrace (NYSE:DT) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.04. Dynatrace had a net margin of 10.36% and a return on equity of 9.77%. The business had revenue of $399.20 million during the quarter, compared to analysts’ expectations of $392.22 million. During the same period in the previous year, the company earned $0.16 earnings per share. Dynatrace’s revenue for the quarter was up 19.9% on a year-over-year basis. On average, analysts forecast that Dynatrace, Inc. will post 0.71 EPS for the current fiscal year.

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.