Dynatrace, Inc. (NYSE:DT) Stock Holdings Lifted by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lifted its position in Dynatrace, Inc. (NYSE:DT) by 56.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,303 shares of the company’s stock after buying an additional 9,444 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Dynatrace were worth $1,406,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the business. QRG Capital Management Inc. raised its stake in shares of Dynatrace by 8.0% in the 1st quarter. QRG Capital Management Inc. now owns 37,656 shares of the company’s stock valued at $1,749,000 after acquiring an additional 2,780 shares in the last quarter. Russell Investments Group Ltd. increased its position in Dynatrace by 1.5% during the first quarter. Russell Investments Group Ltd. now owns 213,206 shares of the company’s stock worth $9,899,000 after acquiring an additional 3,201 shares during the period. US Bancorp DE grew its position in Dynatrace by 89.7% in the 1st quarter. US Bancorp DE now owns 48,478 shares of the company’s stock worth $2,251,000 after purchasing an additional 22,928 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in shares of Dynatrace by 640.8% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 182,355 shares of the company’s stock valued at $8,469,000 after buying an additional 157,739 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Dynatrace by 47.1% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 149,377 shares of the company’s stock valued at $6,937,000 after acquiring an additional 47,855 shares during the period. 94.28% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Loop Capital lifted their price objective on Dynatrace from $45.00 to $55.00 and gave the stock a “hold” rating in a report on Friday, November 8th. JPMorgan Chase & Co. increased their price objective on shares of Dynatrace from $55.00 to $60.00 and gave the company an “overweight” rating in a research note on Wednesday, October 30th. Wells Fargo & Company decreased their target price on shares of Dynatrace from $60.00 to $50.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 6th. Jefferies Financial Group increased their price target on shares of Dynatrace from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Finally, Wedbush began coverage on Dynatrace in a report on Thursday, October 17th. They set an “outperform” rating and a $67.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. Based on data from MarketBeat.com, Dynatrace currently has an average rating of “Moderate Buy” and an average target price of $61.50.

Dynatrace Trading Up 0.3 %

Shares of NYSE DT opened at $53.64 on Thursday. Dynatrace, Inc. has a 1-year low of $39.42 and a 1-year high of $61.41. The company has a 50-day moving average of $53.03 and a two-hundred day moving average of $48.50. The company has a market cap of $16.01 billion, a PE ratio of 97.53, a P/E/G ratio of 7.50 and a beta of 1.06.

Insider Activity at Dynatrace

In other news, EVP Dan Zugelder sold 11,022 shares of the business’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $49.71, for a total transaction of $547,903.62. Following the completion of the sale, the executive vice president now owns 217,465 shares in the company, valued at $10,810,185.15. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Dynatrace news, CEO Rick M. Mcconnell sold 50,000 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $51.50, for a total value of $2,575,000.00. Following the transaction, the chief executive officer now directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Dan Zugelder sold 11,022 shares of the company’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $49.71, for a total transaction of $547,903.62. Following the sale, the executive vice president now owns 217,465 shares of the company’s stock, valued at $10,810,185.15. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 66,022 shares of company stock valued at $3,397,904 over the last quarter. Corporate insiders own 0.59% of the company’s stock.

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.