Banque Cantonale Vaudoise Grows Position in Dynatrace, Inc. (NYSE:DT)

Banque Cantonale Vaudoise increased its holdings in Dynatrace, Inc. (NYSE:DT) by 24.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,692 shares of the company’s stock after purchasing an additional 5,650 shares during the period. Banque Cantonale Vaudoise’s holdings in Dynatrace were worth $1,534,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Versant Capital Management Inc grew its position in shares of Dynatrace by 3,813.3% in the second quarter. Versant Capital Management Inc now owns 587 shares of the company’s stock valued at $26,000 after purchasing an additional 572 shares during the period. Cullen Frost Bankers Inc. purchased a new stake in shares of Dynatrace in the second quarter valued at $26,000. V Square Quantitative Management LLC purchased a new stake in shares of Dynatrace in the second quarter valued at $32,000. Riverview Trust Co grew its position in shares of Dynatrace by 70.6% in the third 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 period. Finally, UMB Bank n.a. grew its position in shares of Dynatrace by 292.3% in the third quarter. UMB Bank n.a. now owns 718 shares of the company’s stock valued at $38,000 after purchasing an additional 535 shares during the period. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insider Buying and Selling

In other Dynatrace news, Director Stephen J. Lifshatz sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of $55.00, for a total transaction of $275,000.00. Following the sale, the director now owns 41,471 shares in the company, valued at $2,280,905. This represents a 10.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Dan Zugelder sold 11,022 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $49.71, for a total value of $547,903.62. Following the sale, the executive vice president now owns 217,465 shares in the company, valued at $10,810,185.15. The trade was a 4.82 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 66,022 shares of company stock worth $3,397,904. 0.59% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Scotiabank lifted their price objective on Dynatrace from $55.00 to $62.00 and gave the company a “sector outperform” rating in a research report on Friday, November 8th. BTIG Research boosted their price target on Dynatrace from $57.00 to $63.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Loop Capital boosted their price target on Dynatrace from $45.00 to $55.00 and gave the company a “hold” rating in a research report on Friday, November 8th. Wells Fargo & Company lowered their price target on Dynatrace from $60.00 to $50.00 and set an “overweight” rating for the company in a research report on Tuesday, August 6th. Finally, Wedbush began coverage on Dynatrace in a research report on Thursday, October 17th. They set an “outperform” rating and a $67.00 price target for the company. Five analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $61.50.

Dynatrace Stock Performance

NYSE:DT opened at $51.09 on Thursday. Dynatrace, Inc. has a one year low of $39.42 and a one year high of $61.41. The business’s 50-day simple moving average is $53.30 and its 200 day simple moving average is $48.77. The stock has a market cap of $15.25 billion, a price-to-earnings ratio of 92.89, a price-to-earnings-growth ratio of 7.34 and a beta of 1.06.

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.