Fox Run Management L.L.C. Buys 9,063 Shares of Dynatrace, Inc. (NYSE:DT)

Fox Run Management L.L.C. lifted its stake in Dynatrace, Inc. (NYSE:DT) by 180.1% during the fourth quarter, Holdings Channel reports. The fund owned 14,094 shares of the company’s stock after acquiring an additional 9,063 shares during the quarter. Fox Run Management L.L.C.’s holdings in Dynatrace were worth $766,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in DT. Smartleaf Asset Management LLC raised its position in shares of Dynatrace by 40.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 611 shares of the company’s stock valued at $33,000 after purchasing an additional 176 shares during the period. SBI Securities Co. Ltd. acquired a new position in Dynatrace in the 4th quarter valued at $38,000. Nisa Investment Advisors LLC raised its holdings in Dynatrace by 271.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 725 shares of the company’s stock worth $39,000 after acquiring an additional 530 shares during the period. UMB Bank n.a. lifted its position 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 acquiring an additional 541 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its holdings 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 acquiring an additional 911 shares during the period. 94.28% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

DT has been the subject of several research analyst reports. Royal Bank of Canada boosted their price objective on Dynatrace from $65.00 to $69.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Morgan Stanley raised 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. Wells Fargo & Company set a $70.00 price objective on Dynatrace in a research report on Friday, January 31st. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $57.00 target price on shares of Dynatrace in a research report on Thursday, February 6th. Finally, BMO Capital Markets lowered their price target on shares of Dynatrace from $70.00 to $60.00 and set an “outperform” rating on the stock in a report on Monday, March 17th. Eight equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $63.35.

Dynatrace Stock Up 0.4 %

Dynatrace stock opened at $49.85 on Monday. The stock has a 50-day simple moving average of $55.61 and a 200 day simple moving average of $54.47. The stock has a market capitalization of $14.92 billion, a price-to-earnings ratio of 31.15, a P/E/G ratio of 7.05 and a beta of 1.12. Dynatrace, Inc. has a 12-month low of $39.42 and a 12-month high of $63.00.

Insider Buying and Selling at Dynatrace

In related news, CFO James M. Benson sold 34,932 shares of the firm’s stock in a transaction dated 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 transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 sale, the chief executive officer now owns 548,684 shares of the company’s stock, valued at approximately $33,700,171.28. The trade was a 6.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 117,432 shares of company stock worth $7,159,599. 0.59% of the stock is currently owned by corporate insiders.

Dynatrace Company 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.