Mn Services Vermogensbeheer B.V. Boosts Stock Position in Dynatrace, Inc. (NYSE:DT)

Mn Services Vermogensbeheer B.V. boosted its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 5.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 113,400 shares of the company’s stock after acquiring an additional 5,700 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Dynatrace were worth $6,163,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Oregon Public Employees Retirement Fund boosted its holdings in Dynatrace by 0.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 60,699 shares of the company’s stock valued at $3,299,000 after acquiring an additional 400 shares during the period. FFT Wealth Management LLC purchased a new position in Dynatrace during the 4th quarter valued at $326,000. Amalgamated Bank boosted its holdings in Dynatrace by 0.3% during the 4th quarter. Amalgamated Bank now owns 146,576 shares of the company’s stock valued at $7,966,000 after acquiring an additional 475 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in Dynatrace by 42.4% during the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 101,446 shares of the company’s stock valued at $5,514,000 after acquiring an additional 30,200 shares during the period. Finally, First Horizon Advisors Inc. raised its position in Dynatrace by 45.0% during the 4th quarter. First Horizon Advisors Inc. now owns 2,189 shares of the company’s stock valued at $119,000 after purchasing an additional 679 shares in the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insider Buying and Selling at Dynatrace

In other Dynatrace news, CEO Rick M. Mcconnell sold 40,000 shares of the business’s stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $61.42, for a total transaction of $2,456,800.00. Following the sale, the chief executive officer now owns 548,684 shares in the company, valued at approximately $33,700,171.28. The trade was a 6.79 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Stephen J. Lifshatz sold 2,500 shares of the business’s 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 sale, the director now owns 36,471 shares in the company, valued at approximately $2,220,354.48. The trade was a 6.42 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 167,459 shares of company stock worth $10,052,682. 0.59% of the stock is currently owned by insiders.

Dynatrace Price Performance

Shares of NYSE:DT opened at $57.26 on Friday. The business’s 50-day moving average is $56.46 and its 200 day moving average is $54.32. The firm has a market capitalization of $17.14 billion, a P/E ratio of 35.79, a P/E/G ratio of 7.05 and a beta of 1.04. Dynatrace, Inc. has a 1 year low of $39.42 and a 1 year high of $63.00.

Analyst Ratings Changes

DT has been the subject of a number of research analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and set a $67.00 target price on shares of Dynatrace in a research report on Thursday, February 6th. Stifel Nicolaus lifted their target price on Dynatrace from $65.00 to $69.00 and gave the company a “buy” rating in a research report on Wednesday, February 19th. DA Davidson set a $70.00 target price on Dynatrace in a research report on Friday, January 31st. Guggenheim reaffirmed a “neutral” rating on shares of Dynatrace in a research report on Friday, January 31st. Finally, Wells Fargo & Company set a $70.00 target price on Dynatrace in a research report on Friday, January 31st. 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, the company has a consensus rating of “Moderate Buy” and a consensus target price of $63.25.

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.