Signaturefd LLC Trims Holdings in Dynatrace, Inc. (NYSE:DT)

Signaturefd LLC lowered its stake in shares of Dynatrace, Inc. (NYSE:DT) by 4.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 4,178 shares of the company’s stock after selling 211 shares during the period. Signaturefd LLC’s holdings in Dynatrace were worth $227,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC increased its stake in Dynatrace by 40.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 611 shares of the company’s stock worth $33,000 after purchasing an additional 176 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Dynatrace in the fourth quarter valued at approximately $38,000. Nisa Investment Advisors LLC increased its stake in Dynatrace by 271.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 725 shares of the company’s stock worth $39,000 after buying an additional 530 shares during the period. UMB Bank n.a. lifted its holdings in Dynatrace by 75.3% during the 4th quarter. UMB Bank n.a. now owns 1,259 shares of the company’s stock worth $68,000 after buying an additional 541 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its position in Dynatrace by 173.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,437 shares of the company’s stock valued at $78,000 after buying an additional 911 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on DT shares. Truist Financial upped their price objective on Dynatrace from $60.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Robert W. Baird set a $65.00 price target on Dynatrace in a report on Friday, January 31st. UBS Group lifted their price objective on Dynatrace from $58.00 to $62.00 and gave the company a “neutral” rating in a research note on Friday, January 31st. Wedbush reaffirmed an “outperform” rating and issued a $67.00 target price on shares of Dynatrace in a report on Friday, January 31st. Finally, Stifel Nicolaus boosted their price target on shares of Dynatrace from $65.00 to $69.00 and gave the stock a “buy” rating in a report on Wednesday, February 19th. Eight equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $63.35.

Insider Buying and Selling

In related news, CFO James M. Benson sold 34,932 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $61.05, for a total value of $2,132,598.60. Following the completion of the sale, the chief financial officer now owns 339,004 shares in the company, valued at $20,696,194.20. This trade represents a 9.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 value of $152,200.00. Following the transaction, 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 position. The disclosure for this sale can be found here. Insiders sold a total of 117,432 shares of company stock valued at $7,159,599 over the last three months. 0.59% of the stock is currently owned by company insiders.

Dynatrace Trading Up 0.4 %

Shares of DT stock opened at $49.85 on Friday. The company has a market capitalization of $14.92 billion, a P/E ratio of 31.15, a price-to-earnings-growth ratio of 7.05 and a beta of 1.12. The business’s 50 day moving average is $55.61 and its two-hundred day moving average is $54.40. 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.