Gotham Asset Management LLC Increases Stock Holdings in Dynatrace, Inc. (NYSE:DT)

Gotham Asset Management LLC boosted its position in Dynatrace, Inc. (NYSE:DT) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 227,618 shares of the company’s stock after purchasing an additional 5,544 shares during the period. Gotham Asset Management LLC’s holdings in Dynatrace were worth $12,371,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Smartleaf Asset Management LLC lifted its position in shares of Dynatrace by 40.5% during 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 in the last quarter. Captrust Financial Advisors lifted its position in shares of Dynatrace by 2.9% during the 4th quarter. Captrust Financial Advisors now owns 6,298 shares of the company’s stock valued at $342,000 after buying an additional 177 shares in the last quarter. Quadrant Capital Group LLC lifted its position in shares of Dynatrace by 6.9% during the 4th quarter. Quadrant Capital Group LLC now owns 3,358 shares of the company’s stock valued at $183,000 after buying an additional 216 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its position in shares of Dynatrace by 2.5% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 9,202 shares of the company’s stock valued at $500,000 after buying an additional 222 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in shares of Dynatrace by 0.4% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 65,921 shares of the company’s stock valued at $3,583,000 after buying an additional 253 shares in the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DT has been the topic of a number of analyst reports. Scotiabank lifted their price objective on Dynatrace from $62.00 to $67.00 and gave the company a “sector outperform” rating in a research report on Friday, January 31st. Stifel Nicolaus lifted their price objective on Dynatrace from $65.00 to $69.00 and gave the company a “buy” rating in a research report on Wednesday, February 19th. Wells Fargo & Company set a $70.00 price objective on Dynatrace in a research report on Friday, January 31st. Rosenblatt Securities reissued a “buy” rating and set a $67.00 target price on shares of Dynatrace in a research note on Thursday, February 6th. Finally, Wedbush reissued an “outperform” rating and set a $67.00 target price on shares of Dynatrace in a research note on Friday, January 31st. Eight analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Dynatrace has an average rating of “Moderate Buy” and an average price target of $60.41.

Dynatrace Price Performance

NYSE:DT opened at $48.63 on Monday. Dynatrace, Inc. has a 1 year low of $39.30 and a 1 year high of $63.00. The stock’s 50 day simple moving average is $46.98 and its two-hundred day simple moving average is $52.68. The company has a market cap of $14.56 billion, a price-to-earnings ratio of 30.39, a PEG ratio of 7.05 and a beta of 0.95.

Insiders Place Their Bets

In other news, CFO James M. Benson sold 34,932 shares of Dynatrace 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 completion of the transaction, the chief financial officer now owns 339,004 shares in the company, valued at approximately $20,696,194.20. The trade was a 9.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Rick M. Mcconnell sold 40,000 shares of Dynatrace stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $61.42, for a total value of $2,456,800.00. Following the completion of the transaction, the chief executive officer now owns 548,684 shares of the company’s stock, valued at approximately $33,700,171.28. This trade represents a 6.79% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 114,932 shares of company stock valued at $7,007,399 in the last quarter. 0.59% of the stock is currently owned by 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.