Stephen J. Lifshatz Sells 2,500 Shares of Dynatrace, Inc. (NYSE:DT) Stock

Dynatrace, Inc. (NYSE:DT) Director Stephen J. Lifshatz sold 2,500 shares of Dynatrace stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $60.88, for a total value of $152,200.00. Following the completion of the sale, the director now owns 36,471 shares of the company’s stock, valued at $2,220,354.48. The trade was a 6.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Dynatrace Price Performance

NYSE DT opened at $62.45 on Thursday. The company has a market cap of $18.69 billion, a price-to-earnings ratio of 39.03, a PEG ratio of 6.93 and a beta of 1.04. The stock’s fifty day moving average price is $55.39 and its 200 day moving average price is $52.94. Dynatrace, Inc. has a 1 year low of $39.42 and a 1 year high of $63.00.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of DT. Riverview Trust Co lifted its holdings in shares of Dynatrace by 70.6% during the third quarter. Riverview Trust Co now owns 621 shares of the company’s stock worth $33,000 after purchasing an additional 257 shares during the period. Smartleaf Asset Management LLC raised its position in Dynatrace by 40.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 611 shares of the company’s stock worth $33,000 after buying an additional 176 shares during the last quarter. Paladin Wealth LLC acquired a new stake in Dynatrace during the 3rd quarter valued at approximately $38,000. UMB Bank n.a. boosted its holdings in shares of Dynatrace by 292.3% in the 3rd 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. Finally, SBI Securities Co. Ltd. acquired a new stake in shares of Dynatrace in the fourth quarter worth $38,000. 94.28% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. 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 report on Friday, December 6th. Loop Capital upped their target price on Dynatrace from $45.00 to $55.00 and gave the stock a “hold” rating in a report on Friday, November 8th. Rosenblatt Securities reaffirmed a “buy” rating and set a $67.00 target price on shares of Dynatrace in a research report on Thursday, February 6th. Cantor Fitzgerald reissued a “neutral” rating and issued a $57.00 price target on shares of Dynatrace in a research report on Thursday, February 6th. Finally, Wedbush reaffirmed an “outperform” rating and set a $67.00 price objective on shares of Dynatrace in a research report on Friday, January 31st. Eight analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.74.

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.