Dynatrace, Inc. (NYSE:DT) Position Increased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 1.2% in the 4th quarter, Holdings Channel reports. The firm owned 2,440,702 shares of the company’s stock after purchasing an additional 28,229 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.’s holdings in Dynatrace were worth $132,652,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in DT. Smartleaf Asset Management LLC grew its holdings in 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 buying an additional 176 shares in the last quarter. Captrust Financial Advisors grew its holdings in Dynatrace by 2.9% in the 4th quarter. Captrust Financial Advisors now owns 6,298 shares of the company’s stock worth $342,000 after buying an additional 177 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in Dynatrace by 6.9% in the 4th quarter. Quadrant Capital Group LLC now owns 3,358 shares of the company’s stock worth $183,000 after buying an additional 216 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its stake in shares of Dynatrace by 2.5% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 9,202 shares of the company’s stock valued at $500,000 after purchasing an additional 222 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Dynatrace by 0.4% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 65,921 shares of the company’s stock valued at $3,583,000 after purchasing an additional 253 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

Insider Buying and Selling

In related news, CFO James M. Benson sold 34,932 shares of the business’s stock in a transaction on Wednesday, February 12th. The shares were sold at an average price of $61.05, for a total transaction of $2,132,598.60. Following the transaction, the chief financial officer now owns 339,004 shares of the company’s stock, valued at approximately $20,696,194.20. The trade was a 9.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, 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 transaction of $2,418,000.00. Following the completion of the sale, the chief executive officer now directly owns 506,720 shares of the company’s stock, valued at approximately $30,631,224. This trade represents a 7.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 114,932 shares of company stock worth $7,007,399. 0.59% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on DT shares. BMO Capital Markets decreased their price objective on shares of Dynatrace from $70.00 to $60.00 and set an “outperform” rating for the company in a report on Monday, March 17th. Royal Bank of Canada increased their price objective on shares of Dynatrace from $65.00 to $69.00 and gave the company an “outperform” rating in a report on Friday, January 31st. DA Davidson dropped their price objective on Dynatrace from $70.00 to $52.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Barclays dropped their price objective on Dynatrace from $67.00 to $55.00 and set an “overweight” rating on the stock in a research note on Monday, April 21st. Finally, Morgan Stanley reduced their price objective on shares of Dynatrace from $62.00 to $50.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 16th. Eight equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Dynatrace presently has a consensus rating of “Moderate Buy” and an average target price of $60.41.

Dynatrace Price Performance

Dynatrace stock opened at $48.63 on Monday. The company’s fifty day moving average price is $46.98 and its two-hundred day moving average price is $52.68. Dynatrace, Inc. has a one year low of $39.30 and a one year high of $63.00. The company has a market capitalization of $14.56 billion, a price-to-earnings ratio of 30.39, a PEG ratio of 7.05 and a beta of 0.95.

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.