1,346 Shares in Dynatrace, Inc. (NYSE:DT) Purchased by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd acquired a new position in Dynatrace, Inc. (NYSE:DT) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 1,346 shares of the company’s stock, valued at approximately $74,000.

Other large investors also recently bought and sold shares of the company. American Century Companies Inc. lifted its position in shares of Dynatrace by 11,824.1% during the 3rd quarter. American Century Companies Inc. now owns 2,411,771 shares of the company’s stock valued at $112,702,000 after buying an additional 2,391,545 shares in the last quarter. Vanguard Group Inc. lifted its holdings in Dynatrace by 8.8% in the 3rd quarter. Vanguard Group Inc. now owns 23,916,034 shares of the company’s stock worth $1,117,596,000 after purchasing an additional 1,940,604 shares in the last quarter. Handelsbanken Fonder AB lifted its holdings in Dynatrace by 104.7% in the 4th quarter. Handelsbanken Fonder AB now owns 1,868,800 shares of the company’s stock worth $102,205,000 after purchasing an additional 956,000 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc purchased a new position in Dynatrace in the 4th quarter worth approximately $45,152,000. Finally, Jennison Associates LLC lifted its holdings in Dynatrace by 3,184.4% in the 4th quarter. Jennison Associates LLC now owns 724,667 shares of the company’s stock worth $39,632,000 after purchasing an additional 702,603 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on DT shares. JMP Securities boosted their price target on Dynatrace from $56.00 to $68.00 and gave the stock a “market outperform” rating in a report on Friday, February 2nd. Royal Bank of Canada reissued an “outperform” rating and issued a $66.00 price target on shares of Dynatrace in a report on Friday, February 9th. TD Cowen reduced their price objective on Dynatrace from $62.00 to $58.00 and set a “buy” rating on the stock in a research note on Friday, April 19th. Truist Financial lifted their price objective on Dynatrace from $60.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, January 16th. Finally, Capital One Financial started coverage on Dynatrace in a research note on Wednesday, February 21st. They issued an “overweight” rating and a $64.00 price objective on the stock. Four research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $61.08.

Dynatrace Trading Down 0.3 %

Shares of DT stock opened at $46.61 on Friday. Dynatrace, Inc. has a twelve month low of $40.57 and a twelve month high of $61.41. The stock has a market capitalization of $13.72 billion, a price-to-earnings ratio of 70.62, a P/E/G ratio of 4.01 and a beta of 1.07. The stock has a fifty day simple moving average of $47.07 and a two-hundred day simple moving average of $50.81.

Dynatrace (NYSE:DT) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.03. The firm had revenue of $365.10 million during the quarter, compared to analysts’ expectations of $357.64 million. Dynatrace had a return on equity of 11.92% and a net margin of 14.44%. Research analysts predict that Dynatrace, Inc. will post 0.62 EPS for the current fiscal year.

Insider Buying and Selling

In other Dynatrace news, CEO Rick M. Mcconnell sold 1,991 shares of the stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $51.91, for a total value of $103,352.81. Following the completion of the sale, the chief executive officer now directly owns 514,106 shares in the company, valued at $26,687,242.46. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other Dynatrace news, major shareholder Thoma Bravo Ugp, Llc sold 14,242,929 shares of the stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $52.60, for a total transaction of $749,178,065.40. Following the transaction, the insider now owns 16,114,344 shares in the company, valued at $847,614,494.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Rick M. Mcconnell sold 1,991 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $51.91, for a total value of $103,352.81. Following the completion of the transaction, the chief executive officer now owns 514,106 shares in the company, valued at approximately $26,687,242.46. The disclosure for this sale can be found here. Insiders sold 14,278,591 shares of company stock worth $750,893,396 in the last three months. 0.54% of the stock is owned by insiders.

Dynatrace Profile

Dynatrace, Inc provides a security platform for multicloud environments. It 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.