Janus Henderson Group PLC Has $508.81 Million Stake in Dynatrace, Inc. (NYSE:DT)

Janus Henderson Group PLC boosted its holdings in Dynatrace, Inc. (NYSE:DT) by 5.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,361,736 shares of the company’s stock after buying an additional 493,987 shares during the period. Janus Henderson Group PLC’s holdings in Dynatrace were worth $508,811,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. Smartleaf Asset Management LLC boosted its holdings in Dynatrace by 40.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 611 shares of the company’s stock worth $33,000 after buying an additional 176 shares during the last quarter. SBI Securities Co. Ltd. bought a new position in Dynatrace during the 4th quarter worth approximately $38,000. Coppell Advisory Solutions LLC grew its holdings in Dynatrace by 1,423.4% during the fourth quarter. Coppell Advisory Solutions LLC now owns 716 shares of the company’s stock valued at $39,000 after purchasing an additional 669 shares during the period. Nisa Investment Advisors LLC increased its stake in Dynatrace by 271.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 725 shares of the company’s stock valued at $39,000 after purchasing an additional 530 shares in the last quarter. Finally, Huntington National Bank raised its holdings in Dynatrace by 218.0% in the fourth quarter. Huntington National Bank now owns 884 shares of the company’s stock worth $48,000 after purchasing an additional 606 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

Insider Activity at Dynatrace

In related news, CEO Rick M. Mcconnell sold 40,000 shares of the company’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $61.42, for a total value of $2,456,800.00. Following the transaction, the chief executive officer now directly owns 548,684 shares in the company, valued at approximately $33,700,171.28. This represents a 6.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Stephen J. Lifshatz sold 2,500 shares of Dynatrace stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $60.88, for a total transaction of $152,200.00. Following the completion of the sale, the director now owns 36,471 shares of the company’s stock, valued at $2,220,354.48. This trade represents a 6.42 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 117,432 shares of company stock worth $7,159,599. Insiders own 0.59% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Robert W. Baird set a $65.00 price target on shares of Dynatrace in a report on Friday, January 31st. Loop Capital lowered their price target on Dynatrace from $55.00 to $44.00 and set a “hold” rating for the company in a report on Wednesday, April 23rd. Rosenblatt Securities reissued a “buy” rating and set a $67.00 price objective 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. Finally, Jefferies Financial Group decreased their price target on shares of Dynatrace from $65.00 to $60.00 and set a “buy” rating for the company in a research note on Monday, April 7th. Eight investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Dynatrace presently has a consensus rating of “Moderate Buy” and a consensus price target of $60.41.

Dynatrace Price Performance

NYSE:DT opened at $48.63 on Friday. The firm’s fifty day moving average price is $46.98 and its two-hundred day moving average price is $52.69. The company has a market cap of $14.56 billion, a P/E ratio of 30.39, a P/E/G ratio of 7.05 and a beta of 0.95. Dynatrace, Inc. has a one year low of $39.30 and a one year high of $63.00.

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.