8,057 Shares in Dynatrace, Inc. (NYSE:DT) Purchased by True Vision MN LLC

True Vision MN LLC bought a new stake in Dynatrace, Inc. (NYSE:DT) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 8,057 shares of the company’s stock, valued at approximately $431,000.

Other large investors have also recently bought and sold shares of the company. Diversify Advisory Services LLC bought a new stake in Dynatrace during the second quarter worth about $1,295,000. Assenagon Asset Management S.A. boosted its holdings in shares of Dynatrace by 1,146.0% in the 2nd quarter. Assenagon Asset Management S.A. now owns 2,208,137 shares of the company’s stock valued at $98,792,000 after buying an additional 2,030,915 shares during the last quarter. Crossmark Global Holdings Inc. boosted its holdings in shares of Dynatrace by 56.0% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 26,303 shares of the company’s stock valued at $1,406,000 after buying an additional 9,444 shares during the last quarter. Walter Public Investments Inc. grew its stake in shares of Dynatrace by 12.5% in the second quarter. Walter Public Investments Inc. now owns 320,099 shares of the company’s stock valued at $14,321,000 after buying an additional 35,626 shares in the last quarter. Finally, Swiss National Bank raised its position in Dynatrace by 6.6% during the third quarter. Swiss National Bank now owns 840,801 shares of the company’s stock worth $44,958,000 after acquiring an additional 52,000 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Price Performance

NYSE:DT traded up $0.16 during trading hours on Wednesday, reaching $55.78. 46,762 shares of the company were exchanged, compared to its average volume of 3,372,043. The company has a market capitalization of $16.65 billion, a P/E ratio of 101.14, a P/E/G ratio of 8.09 and a beta of 1.06. The business has a 50 day moving average of $53.59 and a 200 day moving average of $49.01. Dynatrace, Inc. has a 1-year low of $39.42 and a 1-year high of $61.41.

Wall Street Analyst Weigh In

DT has been the subject of a number of analyst reports. Rosenblatt Securities reissued a “buy” rating and issued a $65.00 price objective on shares of Dynatrace in a research report on Wednesday, November 6th. UBS Group began coverage on Dynatrace in a report on Wednesday. They set a “neutral” rating and a $58.00 price target for the company. Jefferies Financial Group upped their price objective on Dynatrace from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Wedbush assumed coverage on Dynatrace in a research note on Thursday, October 17th. They set an “outperform” rating and a $67.00 target price for the company. Finally, BNP Paribas assumed coverage on Dynatrace in a report on Tuesday, October 8th. They set a “neutral” rating and a $52.00 target price on the stock. Six equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. Based on data from MarketBeat.com, Dynatrace has an average rating of “Moderate Buy” and a consensus target price of $61.36.

Insider Transactions at Dynatrace

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

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.