Dynatrace, Inc. (NYSE:DT) Shares Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. increased its stake in Dynatrace, Inc. (NYSE:DT) by 180.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,094 shares of the company’s stock after purchasing an additional 9,063 shares during the quarter. Fox Run Management L.L.C.’s holdings in Dynatrace were worth $766,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Smartleaf Asset Management LLC lifted its stake in shares of Dynatrace by 40.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 611 shares of the company’s stock worth $33,000 after acquiring an additional 176 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Dynatrace during the fourth quarter valued at approximately $38,000. Nisa Investment Advisors LLC raised its holdings in Dynatrace by 271.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 725 shares of the company’s stock worth $39,000 after purchasing an additional 530 shares in the last quarter. UMB Bank n.a. lifted its position in Dynatrace by 75.3% in the fourth quarter. UMB Bank n.a. now owns 1,259 shares of the company’s stock worth $68,000 after purchasing an additional 541 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its stake in Dynatrace by 173.2% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,437 shares of the company’s stock valued at $78,000 after purchasing an additional 911 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

Dynatrace Price Performance

Shares of DT opened at $49.85 on Monday. The business’s 50-day moving average is $55.61 and its 200-day moving average is $54.47. The company 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 fifty-two week low of $39.42 and a fifty-two week high of $63.00.

Analysts Set New Price Targets

A number of research firms have recently commented on DT. Wedbush reissued an “outperform” rating and issued a $67.00 price objective on shares of Dynatrace in a research note on Friday, January 31st. Robert W. Baird set a $65.00 price target on shares of Dynatrace in a research report on Friday, January 31st. Morgan Stanley raised their price objective on shares of Dynatrace from $59.00 to $62.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. Stifel Nicolaus boosted their target price on shares of Dynatrace from $65.00 to $69.00 and gave the stock a “buy” rating in a report on Wednesday, February 19th. Finally, Wells Fargo & Company set a $70.00 target price on shares of Dynatrace in a research note on Friday, January 31st. Eight analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $63.35.

Insider Activity at Dynatrace

In related news, CEO Rick M. Mcconnell sold 40,000 shares of Dynatrace stock in a transaction on 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 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. This trade represents a 6.79 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO James M. Benson sold 34,932 shares of the company’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 completion of the transaction, the chief financial officer now directly owns 339,004 shares in the company, valued at approximately $20,696,194.20. The trade was a 9.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 117,432 shares of company stock valued at $7,159,599. Corporate insiders own 0.59% of the company’s stock.

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.