Dynatrace, Inc. (NYSE:DT) Stock Holdings Lifted by Venturi Wealth Management LLC

Venturi Wealth Management LLC increased its stake in Dynatrace, Inc. (NYSE:DT) by 466.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 2,214 shares of the company’s stock after acquiring an additional 1,823 shares during the period. Venturi Wealth Management LLC’s holdings in Dynatrace were worth $118,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Eminence Capital LP acquired a new position in shares of Dynatrace during the second quarter worth approximately $158,369,000. Jericho Capital Asset Management L.P. acquired a new position in Dynatrace during the 1st quarter worth $133,701,000. Assenagon Asset Management S.A. grew its stake in shares of Dynatrace by 1,146.0% in the second quarter. Assenagon Asset Management S.A. now owns 2,208,137 shares of the company’s stock worth $98,792,000 after purchasing an additional 2,030,915 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Dynatrace by 6.4% during the first quarter. Vanguard Group Inc. now owns 27,945,251 shares of the company’s stock valued at $1,297,777,000 after purchasing an additional 1,680,971 shares during the period. Finally, Marshall Wace LLP raised its stake in shares of Dynatrace by 285.7% during the second quarter. Marshall Wace LLP now owns 1,389,727 shares of the company’s stock valued at $62,176,000 after purchasing an additional 1,029,387 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Stephen J. Lifshatz sold 5,000 shares of the company’s stock in a transaction dated Friday, October 11th. The stock was sold at an average price of $55.00, for a total value of $275,000.00. Following the transaction, the director now owns 41,471 shares in the company, valued at $2,280,905. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, CEO Rick M. Mcconnell sold 50,000 shares of Dynatrace stock in a transaction on Monday, September 16th. The stock was sold at an average price of $51.50, for a total transaction of $2,575,000.00. Following the completion of the sale, the chief executive officer now owns 650,587 shares of the company’s stock, valued at approximately $33,505,230.50. This trade represents a 0.00 % 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, Director Stephen J. Lifshatz sold 5,000 shares of the business’s stock in a transaction dated Friday, October 11th. The shares were sold at an average price of $55.00, for a total value of $275,000.00. Following the completion of the transaction, the director now owns 41,471 shares in the company, valued at $2,280,905. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 66,022 shares of company stock worth $3,397,904. 0.59% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on DT shares. Wells Fargo & Company decreased their target price on shares of Dynatrace from $60.00 to $50.00 and set an “overweight” rating for the company in a research report on Tuesday, August 6th. Loop Capital raised their price objective on shares of Dynatrace from $45.00 to $55.00 and gave the company a “hold” rating in a research note on Friday, November 8th. Needham & Company LLC restated a “hold” rating on shares of Dynatrace in a research report on Friday, November 8th. JPMorgan Chase & Co. lifted their price target on Dynatrace from $55.00 to $60.00 and gave the company an “overweight” rating in a research report on Wednesday, October 30th. Finally, Jefferies Financial Group boosted their price objective on Dynatrace from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Tuesday, October 22nd. Five equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $61.50.

Dynatrace Trading Up 0.3 %

Shares of DT stock opened at $53.64 on Thursday. The company has a market capitalization of $16.01 billion, a price-to-earnings ratio of 97.53, a P/E/G ratio of 7.50 and a beta of 1.06. Dynatrace, Inc. has a 1-year low of $39.42 and a 1-year high of $61.41. The stock’s fifty day simple moving average is $53.03 and its 200-day simple moving average is $48.50.

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.