Dynatrace, Inc. (NYSE:DT) Stock Holdings Lessened by Walter Public Investments Inc.

Walter Public Investments Inc. lowered its stake in Dynatrace, Inc. (NYSE:DT) by 16.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 275,709 shares of the company’s stock after selling 54,345 shares during the period. Dynatrace makes up about 2.7% of Walter Public Investments Inc.’s investment portfolio, making the stock its 22nd largest holding. Walter Public Investments Inc. owned approximately 0.09% of Dynatrace worth $14,985,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Versant Capital Management Inc raised its stake in Dynatrace by 11.9% during the 4th quarter. Versant Capital Management Inc now owns 1,933 shares of the company’s stock valued at $105,000 after purchasing an additional 206 shares during the period. Virtue Capital Management LLC increased its stake in shares of Dynatrace by 4.2% in the third quarter. Virtue Capital Management LLC now owns 5,275 shares of the company’s stock worth $282,000 after acquiring an additional 212 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its stake in shares of Dynatrace by 2.5% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 9,202 shares of the company’s stock worth $500,000 after acquiring an additional 222 shares during the last quarter. Atria Investments Inc increased its stake in shares of Dynatrace by 3.4% in the third quarter. Atria Investments Inc now owns 7,201 shares of the company’s stock worth $385,000 after acquiring an additional 240 shares during the last quarter. Finally, Avior Wealth Management LLC increased its stake in shares of Dynatrace by 2.9% in the third quarter. Avior Wealth Management LLC now owns 8,797 shares of the company’s stock worth $470,000 after acquiring an additional 248 shares during the last quarter. Institutional investors own 94.28% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Royal Bank of Canada upped their price target on shares of Dynatrace from $65.00 to $69.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Barclays upped their price target on shares of Dynatrace from $64.00 to $67.00 and gave the stock an “overweight” rating in a research note on Friday, December 6th. Stifel Nicolaus upped their price target on shares of Dynatrace from $65.00 to $69.00 and gave the stock a “buy” rating in a research note on Wednesday, February 19th. Scotiabank upped their price target on shares of Dynatrace from $62.00 to $67.00 and gave the stock a “sector outperform” rating in a research note on Friday, January 31st. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $67.00 price objective on shares of Dynatrace in a report on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $63.25.

Dynatrace Price Performance

DT stock opened at $58.86 on Thursday. Dynatrace, Inc. has a 52-week low of $39.42 and a 52-week high of $63.00. The company has a 50-day moving average of $56.33 and a two-hundred day moving average of $54.18. The stock has a market capitalization of $17.62 billion, a price-to-earnings ratio of 36.79, a price-to-earnings-growth ratio of 7.05 and a beta of 1.04.

Insider Buying and Selling at Dynatrace

In other news, CEO Rick M. Mcconnell sold 40,000 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $60.45, for a total transaction of $2,418,000.00. Following the completion of the transaction, the chief executive officer now owns 506,720 shares of the company’s stock, valued at approximately $30,631,224. This represents a 7.32 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephen J. Lifshatz sold 2,500 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $60.88, for a total transaction of $152,200.00. Following the transaction, the director now directly owns 36,471 shares of the company’s stock, valued at $2,220,354.48. This represents a 6.42 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 167,459 shares of company stock worth $10,052,682 over the last ninety days. Company 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.