Financial Life Planners Makes New $83,000 Investment in Dynatrace, Inc. (NYSE:DT)

Financial Life Planners acquired a new stake in Dynatrace, Inc. (NYSE:DT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,533 shares of the company’s stock, valued at approximately $83,000.

Other institutional investors have also modified their holdings of the company. Riverview Trust Co increased its position in shares of Dynatrace by 70.6% during the 3rd quarter. Riverview Trust Co now owns 621 shares of the company’s stock valued at $33,000 after purchasing an additional 257 shares during the last quarter. Paladin Wealth LLC purchased a new position in Dynatrace during the third quarter worth $38,000. UMB Bank n.a. increased its position in Dynatrace by 292.3% during the third quarter. UMB Bank n.a. now owns 718 shares of the company’s stock valued at $38,000 after acquiring an additional 535 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in shares of Dynatrace by 271.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 725 shares of the company’s stock valued at $39,000 after acquiring an additional 530 shares during the period. Finally, Capital Performance Advisors LLP purchased a new stake in shares of Dynatrace in the third quarter valued at $52,000. 94.28% of the stock is owned by institutional investors.

Dynatrace Trading Up 0.1 %

Shares of NYSE DT opened at $57.82 on Monday. Dynatrace, Inc. has a 12-month low of $39.42 and a 12-month high of $61.41. The stock’s fifty day simple moving average is $54.80 and its two-hundred day simple moving average is $52.14. The stock has a market capitalization of $17.31 billion, a PE ratio of 36.13, a price-to-earnings-growth ratio of 8.37 and a beta of 1.04.

Insider Buying and Selling

In related news, EVP Bernd Greifeneder sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $57.83, for a total transaction of $2,891,500.00. Following the completion of the transaction, the executive vice president now owns 1,007,038 shares in the company, valued at $58,237,007.54. The trade was a 4.73 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.59% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Morgan Stanley upped their price target on shares of Dynatrace from $59.00 to $62.00 and gave the company an “equal weight” rating in a report on Friday. Scotiabank upped their target price on Dynatrace from $62.00 to $67.00 and gave the company a “sector outperform” rating in a research note on Friday. Needham & Company LLC reiterated a “hold” rating on shares of Dynatrace in a report on Friday. Wedbush restated an “outperform” rating and set a $67.00 price objective on shares of Dynatrace in a report on Friday. Finally, Jefferies Financial Group increased their target price on Dynatrace from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Eight equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $62.00.

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.