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

Dynatrace, Inc. (NYSE:DT) Director Stephen J. Lifshatz sold 2,500 shares of the firm’s stock in a transaction that occurred on 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 $2,220,354.48. This trade represents a 6.42 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Dynatrace Trading Up 0.4 %

NYSE DT traded up $0.22 during trading hours on Tuesday, hitting $61.43. The company’s stock had a trading volume of 3,120,789 shares, compared to its average volume of 3,577,688. Dynatrace, Inc. has a 52 week low of $39.42 and a 52 week high of $61.85. The company has a market capitalization of $18.39 billion, a PE ratio of 38.39, a price-to-earnings-growth ratio of 6.93 and a beta of 1.04. The company’s 50-day simple moving average is $55.30 and its two-hundred day simple moving average is $52.82.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on DT shares. Jefferies Financial Group lifted their price target on shares of Dynatrace from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Needham & Company LLC reiterated a “hold” rating on shares of Dynatrace in a research report on Thursday, February 6th. Wedbush reiterated an “outperform” rating and issued a $67.00 price target on shares of Dynatrace in a research report on Friday, January 31st. Royal Bank of Canada upped their target price on Dynatrace from $65.00 to $69.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Finally, Barclays upped 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. Eight investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $61.74.

Hedge Funds Weigh In On Dynatrace

Large investors have recently added to or reduced their stakes in the business. EntryPoint Capital LLC purchased a new stake in Dynatrace in the 4th quarter valued at about $353,000. Prudential Financial Inc. boosted its holdings in Dynatrace by 244.4% in the 4th quarter. Prudential Financial Inc. now owns 275,400 shares of the company’s stock valued at $14,417,000 after purchasing an additional 195,438 shares during the period. United Services Automobile Association lifted its holdings in shares of Dynatrace by 6.3% during the 4th quarter. United Services Automobile Association now owns 18,918 shares of the company’s stock worth $1,028,000 after acquiring an additional 1,125 shares during the last quarter. Vanguard Group Inc. lifted its stake in Dynatrace by 1.6% in the fourth quarter. Vanguard Group Inc. now owns 30,161,184 shares of the company’s stock worth $1,639,260,000 after purchasing an additional 484,877 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in Dynatrace by 24.4% in the fourth quarter. LPL Financial LLC now owns 204,088 shares of the company’s stock worth $10,967,000 after purchasing an additional 40,004 shares during the last quarter. Institutional investors own 94.28% 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.