Commonwealth of Pennsylvania Public School Empls Retrmt SYS Has $3.58 Million Stake in Dynatrace, Inc. (NYSE:DT)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 0.4% in the fourth quarter, HoldingsChannel reports. The firm owned 65,921 shares of the company’s stock after acquiring an additional 253 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Dynatrace were worth $3,583,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Smartleaf Asset Management LLC increased its stake in shares of Dynatrace by 40.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 611 shares of the company’s stock valued at $33,000 after buying an additional 176 shares during the period. Versant Capital Management Inc increased its stake in shares of Dynatrace by 11.9% in the 4th quarter. Versant Capital Management Inc now owns 1,933 shares of the company’s stock valued at $105,000 after buying an additional 206 shares during the period. Virtue Capital Management LLC increased its stake in shares of Dynatrace by 4.2% in the 3rd quarter. Virtue Capital Management LLC now owns 5,275 shares of the company’s stock valued at $282,000 after buying an additional 212 shares during the period. Nations Financial Group Inc. IA ADV boosted its position in shares of Dynatrace by 2.5% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 9,202 shares of the company’s stock worth $500,000 after purchasing an additional 222 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Dynatrace by 2.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 11,291 shares of the company’s stock worth $604,000 after purchasing an additional 308 shares during the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Stephen J. Lifshatz sold 2,500 shares of the business’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 completion of the sale, the director now owns 36,471 shares in the company, valued at $2,220,354.48. The trade was a 6.42 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO James M. Benson sold 34,932 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $61.05, for a total value of $2,132,598.60. Following the sale, the chief financial officer now owns 339,004 shares of the company’s stock, valued at approximately $20,696,194.20. This represents a 9.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 117,432 shares of company stock valued at $7,159,599 over the last 90 days. 0.59% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on DT shares. DA Davidson set a $70.00 price target on Dynatrace in a research report on Friday, January 31st. Barclays raised their price target on Dynatrace from $64.00 to $67.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Guggenheim restated a “neutral” rating on shares of Dynatrace in a research report on Friday, January 31st. Needham & Company LLC restated a “hold” rating on shares of Dynatrace in a research report on Tuesday, February 18th. Finally, Wells Fargo & Company set a $70.00 price target on Dynatrace in a research report on Friday, January 31st. Eight research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $63.35.

Dynatrace Stock Up 0.4 %

Shares of NYSE DT opened at $49.85 on Monday. The business’s 50 day moving average price is $55.61 and its two-hundred day moving average price is $54.47. The company has a market cap of $14.92 billion, a PE ratio of 31.15, a price-to-earnings-growth ratio of 7.05 and a beta of 1.12. Dynatrace, Inc. has a twelve month low of $39.42 and a twelve month high of $63.00.

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.