Dynatrace, Inc. (NYSE:DT) Shares Acquired by Venturi Wealth Management LLC

Venturi Wealth Management LLC lifted its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 87.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,153 shares of the company’s stock after acquiring an additional 1,939 shares during the quarter. Venturi Wealth Management LLC’s holdings in Dynatrace were worth $226,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in DT. Creative Planning lifted its holdings in shares of Dynatrace by 46.7% during the 3rd quarter. Creative Planning now owns 25,892 shares of the company’s stock valued at $1,384,000 after acquiring an additional 8,247 shares in the last quarter. Raymond James & Associates boosted its position in Dynatrace by 12.1% in the 3rd quarter. Raymond James & Associates now owns 311,104 shares of the company’s stock valued at $16,635,000 after buying an additional 33,466 shares during the last quarter. Signaturefd LLC boosted its position in Dynatrace by 31.0% in the 3rd quarter. Signaturefd LLC now owns 4,389 shares of the company’s stock valued at $235,000 after buying an additional 1,038 shares during the last quarter. International Assets Investment Management LLC purchased a new position in Dynatrace in the 3rd quarter valued at about $1,627,000. Finally, Dakota Wealth Management boosted its position in Dynatrace by 15.8% in the 3rd quarter. Dakota Wealth Management now owns 12,923 shares of the company’s stock valued at $691,000 after buying an additional 1,762 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Trading Down 2.4 %

Shares of NYSE:DT opened at $59.79 on Friday. The firm’s 50 day moving average is $56.08 and its two-hundred day moving average is $53.84. Dynatrace, Inc. has a 52 week low of $39.42 and a 52 week high of $63.00. The firm has a market capitalization of $17.90 billion, a P/E ratio of 37.37, a PEG ratio of 7.10 and a beta of 1.04.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. 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 report on Friday, December 6th. Loop Capital upped their price objective on shares of Dynatrace from $45.00 to $55.00 and gave the company a “hold” rating in a research report on Friday, November 8th. Truist Financial upped their price objective on shares of Dynatrace from $60.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. 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 report on Friday, January 31st. Finally, JPMorgan Chase & Co. increased their price target on shares of Dynatrace from $55.00 to $60.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Eight equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $61.96.

Insider Buying and Selling at Dynatrace

In other Dynatrace news, Director Stephen J. Lifshatz sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $60.88, for a total value of $152,200.00. Following the sale, the director now owns 36,471 shares in the company, valued at approximately $2,220,354.48. This trade represents a 6.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Bernd Greifeneder sold 50,000 shares of the stock in a transaction that occurred on 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 $58,237,007.54. This trade represents a 4.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 167,459 shares of company stock worth $10,052,682. 0.59% of the stock is owned by company 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.