Van Berkom & Associates Inc. Has $1.51 Million Stock Holdings in Dynatrace, Inc. (NYSE:DT)

Van Berkom & Associates Inc. decreased its stake in Dynatrace, Inc. (NYSE:DT) by 3.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 27,726 shares of the company’s stock after selling 884 shares during the quarter. Van Berkom & Associates Inc.’s holdings in Dynatrace were worth $1,507,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. State Street Corp boosted its holdings in shares of Dynatrace by 14.6% in the third quarter. State Street Corp now owns 9,468,594 shares of the company’s stock worth $506,286,000 after buying an additional 1,207,621 shares during the period. Geode Capital Management LLC lifted its position in shares of Dynatrace by 20.8% in the 3rd quarter. Geode Capital Management LLC now owns 5,127,967 shares of the company’s stock valued at $273,610,000 after acquiring an additional 884,673 shares in the last quarter. RGM Capital LLC boosted its stake in Dynatrace by 12.8% in the 3rd quarter. RGM Capital LLC now owns 4,342,803 shares of the company’s stock worth $232,210,000 after purchasing an additional 494,028 shares during the period. Westfield Capital Management Co. LP grew its position in Dynatrace by 31.6% during the 3rd quarter. Westfield Capital Management Co. LP now owns 2,703,772 shares of the company’s stock worth $144,571,000 after purchasing an additional 648,808 shares in the last quarter. Finally, Handelsbanken Fonder AB grew its position in Dynatrace by 12.6% during the 4th quarter. Handelsbanken Fonder AB now owns 2,611,400 shares of the company’s stock worth $141,930,000 after purchasing an additional 292,400 shares in the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Bernd Greifeneder sold 50,000 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $57.83, for a total transaction of $2,891,500.00. Following the completion of the transaction, the executive vice president now owns 1,007,038 shares of the company’s stock, valued at approximately $58,237,007.54. This represents a 4.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Rick M. Mcconnell sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, February 14th. The shares were 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 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 sold a total of 127,459 shares of company stock valued at $7,634,682 in the last quarter. Insiders own 0.59% of the company’s stock.

Dynatrace Trading Down 0.6 %

Shares of Dynatrace stock opened at $61.28 on Friday. Dynatrace, Inc. has a 1-year low of $39.42 and a 1-year high of $63.00. The firm has a fifty day simple moving average of $55.97 and a 200-day simple moving average of $53.71. The stock has a market capitalization of $18.34 billion, a price-to-earnings ratio of 38.30, a PEG ratio of 7.18 and a beta of 1.04.

Analyst Ratings Changes

DT has been the subject of several recent analyst reports. Barclays raised their target price on Dynatrace from $64.00 to $67.00 and gave the stock an “overweight” rating in a research report on Friday, December 6th. Truist Financial increased their price objective on Dynatrace from $60.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Royal Bank of Canada upped their target price on Dynatrace from $65.00 to $69.00 and gave the company an “outperform” rating in a report on Friday, January 31st. UBS Group raised their price target on shares of Dynatrace from $58.00 to $62.00 and gave the stock a “neutral” rating in a report on Friday, January 31st. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Dynatrace in a research note on Tuesday. Eight equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Dynatrace presently has an average rating of “Moderate Buy” and a consensus price target of $62.04.

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.