Vestmark Advisory Solutions Inc. Has $441,000 Stock Position in Dynatrace, Inc. (NYSE:DT)

Vestmark Advisory Solutions Inc. boosted its position in Dynatrace, Inc. (NYSE:DT) by 5.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 8,114 shares of the company’s stock after purchasing an additional 389 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Dynatrace were worth $441,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of DT. Gulf International Bank UK Ltd lifted its position in Dynatrace by 10.9% during the third quarter. Gulf International Bank UK Ltd now owns 22,120 shares of the company’s stock worth $1,182,000 after acquiring an additional 2,167 shares during the last quarter. Portside Wealth Group LLC increased its stake in Dynatrace by 20.3% in the third quarter. Portside Wealth Group LLC now owns 6,393 shares of the company’s stock valued at $342,000 after acquiring an additional 1,077 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in shares of Dynatrace during the third quarter worth $52,000. Assetmark Inc. grew its stake in shares of Dynatrace by 20.1% during the third quarter. Assetmark Inc. now owns 39,354 shares of the company’s stock worth $2,104,000 after buying an additional 6,581 shares during the last quarter. Finally, Atria Investments Inc grew its stake in shares of Dynatrace by 3.4% during the third quarter. Atria Investments Inc now owns 7,201 shares of the company’s stock worth $385,000 after buying an additional 240 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Dynatrace Trading Down 2.3 %

Shares of DT stock opened at $52.36 on Friday. The stock has a market capitalization of $15.67 billion, a P/E ratio of 32.72, a PEG ratio of 7.05 and a beta of 1.12. The firm’s 50 day moving average is $56.43 and its 200 day moving average is $54.50. Dynatrace, Inc. has a 12 month low of $39.42 and a 12 month high of $63.00.

Insider Activity at Dynatrace

In other news, CEO Rick M. Mcconnell sold 40,000 shares of the stock in a transaction on Thursday, February 20th. The shares were sold at an average price of $60.45, for a total value of $2,418,000.00. Following the transaction, the chief executive officer now owns 506,720 shares of the company’s stock, valued at $30,631,224. This represents a 7.32 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO James M. Benson sold 34,932 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $61.05, for a total transaction 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 $20,696,194.20. The trade was a 9.34 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 117,432 shares of company stock worth $7,159,599. 0.59% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Barclays lifted their price target on shares of Dynatrace from $64.00 to $67.00 and gave the stock an “overweight” rating in a report on Friday, December 6th. Robert W. Baird set a $65.00 target price on shares of Dynatrace in a report on Friday, January 31st. Cantor Fitzgerald reiterated a “neutral” rating and set a $57.00 price objective on shares of Dynatrace in a report on Thursday, February 6th. Scotiabank boosted their target price on shares of Dynatrace from $62.00 to $67.00 and gave the stock a “sector outperform” rating in a research report on Friday, January 31st. Finally, Needham & Company LLC reissued a “hold” rating on shares of Dynatrace in a research report on Tuesday, February 18th. Eight research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Dynatrace presently has an average rating of “Moderate Buy” and an average 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.