Hantz Financial Services Inc. Has $10.54 Million Stock Holdings in Dynatrace, Inc. (NYSE:DT)

Hantz Financial Services Inc. grew its position in Dynatrace, Inc. (NYSE:DT) by 14.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 197,031 shares of the company’s stock after buying an additional 25,159 shares during the period. Hantz Financial Services Inc. owned approximately 0.07% of Dynatrace worth $10,535,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of DT. Cullen Frost Bankers Inc. bought a new stake in Dynatrace during the 2nd quarter worth approximately $26,000. Versant Capital Management Inc raised its stake in shares of Dynatrace by 3,813.3% in the 2nd 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. Riverview Trust Co raised its stake in shares of Dynatrace by 70.6% in 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 period. Paladin Wealth LLC bought a new stake in shares of Dynatrace in the third quarter valued at about $38,000. Finally, UMB Bank n.a. boosted its position in shares of Dynatrace by 292.3% during the third quarter. UMB Bank n.a. now owns 718 shares of the company’s stock worth $38,000 after buying an additional 535 shares during the period. 94.28% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently commented on DT shares. JPMorgan Chase & Co. boosted their price objective on shares of Dynatrace from $55.00 to $60.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Guggenheim increased their price target on Dynatrace from $55.00 to $64.00 and gave the company a “buy” rating in a research report on Friday, September 27th. Wedbush began coverage on Dynatrace in a research report on Thursday, October 17th. They set an “outperform” rating and a $67.00 price target on the stock. UBS Group started coverage on shares of Dynatrace in a research report on Wednesday. They set a “neutral” rating and a $58.00 price target on the stock. Finally, BTIG Research increased their price target on shares of Dynatrace from $57.00 to $63.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. Six investment analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. According to data from MarketBeat, Dynatrace has an average rating of “Moderate Buy” and an average target price of $61.36.

Dynatrace Price Performance

DT stock opened at $55.46 on Friday. The company has a 50 day simple moving average of $53.72 and a 200 day simple moving average of $49.10. The stock has a market cap of $16.55 billion, a price-to-earnings ratio of 100.84, a P/E/G ratio of 8.09 and a beta of 1.06. Dynatrace, Inc. has a 1 year low of $39.42 and a 1 year high of $61.41.

Insiders Place Their Bets

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

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.