4,750 Shares in Dynatrace, Inc. (NYSE:DT) Bought by WoodTrust Financial Corp

WoodTrust Financial Corp acquired a new stake in Dynatrace, Inc. (NYSE:DT) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,750 shares of the company’s stock, valued at approximately $254,000.

A number of other large investors also recently bought and sold shares of the company. Eminence Capital LP acquired a new stake in shares of Dynatrace in the 2nd quarter worth approximately $158,369,000. Jericho Capital Asset Management L.P. purchased a new position in shares of Dynatrace during the first quarter valued at approximately $133,701,000. Assenagon Asset Management S.A. boosted its position in Dynatrace by 1,146.0% during the second quarter. Assenagon Asset Management S.A. now owns 2,208,137 shares of the company’s stock worth $98,792,000 after acquiring an additional 2,030,915 shares during the last quarter. Vanguard Group Inc. grew its stake in Dynatrace by 6.4% in the 1st quarter. Vanguard Group Inc. now owns 27,945,251 shares of the company’s stock worth $1,297,777,000 after acquiring an additional 1,680,971 shares during the period. Finally, Marshall Wace LLP lifted its stake in shares of Dynatrace by 285.7% during the 2nd quarter. Marshall Wace LLP now owns 1,389,727 shares of the company’s stock worth $62,176,000 after purchasing an additional 1,029,387 shares during the period. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Rick M. Mcconnell sold 50,000 shares of the company’s stock in a transaction 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 sale, the chief executive officer now directly owns 650,587 shares of the company’s stock, valued at $33,505,230.50. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, EVP Dan Zugelder sold 11,022 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $49.71, for a total value of $547,903.62. Following the completion of the sale, the executive vice president now directly owns 217,465 shares in the company, valued at approximately $10,810,185.15. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Rick M. Mcconnell sold 50,000 shares of the firm’s stock in a transaction on Monday, September 16th. The stock was 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 owns 650,587 shares in the company, valued at $33,505,230.50. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 66,022 shares of company stock worth $3,397,904 in the last three months. 0.59% of the stock is owned by insiders.

Dynatrace Price Performance

NYSE:DT opened at $56.49 on Thursday. The firm has a 50-day moving average of $52.77 and a two-hundred day moving average of $48.29. The stock has a market cap of $16.83 billion, a P/E ratio of 108.64, a PEG ratio of 8.02 and a beta of 1.06. Dynatrace, Inc. has a 1-year low of $39.42 and a 1-year high of $61.41.

Dynatrace (NYSE:DT) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.29 by $0.04. Dynatrace had a return on equity of 9.77% and a net margin of 10.36%. The business had revenue of $399.20 million for the quarter, compared to analysts’ expectations of $392.22 million. During the same quarter in the previous year, the firm posted $0.16 earnings per share. The company’s revenue was up 19.9% compared to the same quarter last year. As a group, equities analysts expect that Dynatrace, Inc. will post 0.71 earnings per share for the current year.

Analyst Ratings Changes

DT has been the subject of a number of recent analyst reports. Wedbush assumed coverage on shares of Dynatrace in a report on Thursday, October 17th. They issued an “outperform” rating and a $67.00 target price for the company. Barclays raised shares of Dynatrace from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $52.00 to $64.00 in a research note on Monday, October 7th. JPMorgan Chase & Co. increased their target price on Dynatrace from $55.00 to $60.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 30th. Guggenheim boosted their price target on Dynatrace from $55.00 to $64.00 and gave the company a “buy” rating in a research report on Friday, September 27th. Finally, Scotiabank upped their price target on Dynatrace from $52.00 to $55.00 and gave the stock a “sector outperform” rating in a research note on Thursday, August 8th. Five analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $60.46.

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.