Dynatrace, Inc. (NYSE:DT) Position Decreased by Intech Investment Management LLC

Intech Investment Management LLC decreased its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 12.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,804 shares of the company’s stock after selling 2,488 shares during the period. Intech Investment Management LLC’s holdings in Dynatrace were worth $968,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Smartleaf Asset Management LLC boosted 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 purchasing an additional 176 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in Dynatrace during the fourth quarter valued at about $38,000. Nisa Investment Advisors LLC lifted its stake in Dynatrace by 271.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 725 shares of the company’s stock valued at $39,000 after buying an additional 530 shares in the last quarter. UMB Bank n.a. lifted its stake in Dynatrace by 75.3% during the fourth quarter. UMB Bank n.a. now owns 1,259 shares of the company’s stock valued at $68,000 after buying an additional 541 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its stake in Dynatrace by 173.2% during the fourth 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 in the last quarter. Institutional investors own 94.28% of the company’s stock.

Analyst Ratings Changes

DT has been the subject of a number of analyst reports. Barclays upped their price objective on shares of Dynatrace from $64.00 to $67.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Royal Bank of Canada upped their price objective on shares of Dynatrace from $65.00 to $69.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. Guggenheim reissued a “neutral” rating on shares of Dynatrace in a research report on Friday, January 31st. Rosenblatt Securities reissued a “buy” rating and issued a $67.00 price target on shares of Dynatrace in a research report on Thursday, February 6th. Finally, Morgan Stanley increased their price target on shares of Dynatrace from $59.00 to $62.00 and gave the stock an “equal weight” rating 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $63.35.

Insider Buying and Selling at Dynatrace

In related news, CEO Rick M. Mcconnell sold 40,000 shares of Dynatrace stock in a transaction dated 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 directly owns 548,684 shares of the company’s stock, valued at $33,700,171.28. The trade was a 6.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Stephen J. Lifshatz sold 2,500 shares of Dynatrace stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $60.88, for a total value of $152,200.00. Following the completion of the transaction, the director now directly owns 36,471 shares of the company’s stock, valued at $2,220,354.48. This represents a 6.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 117,432 shares of company stock valued at $7,159,599. 0.59% of the stock is currently owned by company insiders.

Dynatrace Stock Performance

Shares of NYSE DT opened at $49.85 on Friday. The stock has a market cap of $14.92 billion, a PE ratio of 31.15, a PEG ratio of 7.05 and a beta of 1.12. The business has a fifty day moving average of $55.61 and a two-hundred day moving average of $54.43. Dynatrace, Inc. has a 52-week low of $39.42 and a 52-week high of $63.00.

Dynatrace 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.