4,186 Shares in Dynatrace, Inc. (NYSE:DT) Purchased by Kera Capital Partners Inc.

Kera Capital Partners Inc. bought a new position in Dynatrace, Inc. (NYSE:DT) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 4,186 shares of the company’s stock, valued at approximately $228,000.

Several other institutional investors and hedge funds have also made changes to their positions in DT. State Street Corp grew its holdings in shares of Dynatrace by 14.6% in the third quarter. State Street Corp now owns 9,468,594 shares of the company’s stock valued at $506,286,000 after purchasing an additional 1,207,621 shares during the period. Geode Capital Management LLC boosted its holdings in Dynatrace by 20.8% in the 3rd quarter. Geode Capital Management LLC now owns 5,127,967 shares of the company’s stock valued at $273,610,000 after purchasing an additional 884,673 shares during the last quarter. RGM Capital LLC grew its stake in shares of Dynatrace by 12.8% in the 3rd quarter. RGM Capital LLC now owns 4,342,803 shares of the company’s stock valued at $232,210,000 after buying an additional 494,028 shares during the period. Eminence Capital LP acquired a new stake in shares of Dynatrace during the 2nd quarter worth approximately $158,369,000. Finally, Westfield Capital Management Co. LP raised its position in shares of Dynatrace by 31.6% during the 3rd quarter. Westfield Capital Management Co. LP now owns 2,703,772 shares of the company’s stock valued at $144,571,000 after buying an additional 648,808 shares during the period. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Guggenheim cut Dynatrace from a “buy” rating to a “neutral” rating in a report on Monday, January 6th. BNP Paribas began coverage on shares of Dynatrace in a research note on Tuesday, October 8th. They set a “neutral” rating and a $52.00 target price for the company. BMO Capital Markets boosted their price target on shares of Dynatrace from $53.00 to $61.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. UBS Group started coverage on shares of Dynatrace in a research report on Wednesday, November 27th. They set a “neutral” rating and a $58.00 price objective for the company. Finally, Wedbush assumed coverage on Dynatrace in a research report on Thursday, October 17th. They issued an “outperform” rating and a $67.00 target price on the stock. Eight equities research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $61.92.

Insider Activity at Dynatrace

In other Dynatrace news, EVP Bernd Greifeneder sold 50,000 shares of the stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $57.83, for a total transaction of $2,891,500.00. Following the completion of the sale, the executive vice president now directly owns 1,007,038 shares of the company’s stock, valued at approximately $58,237,007.54. This trade represents a 4.73 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.59% of the stock is owned by insiders.

Dynatrace Stock Performance

Shares of DT stock opened at $51.31 on Friday. Dynatrace, Inc. has a 1 year low of $39.42 and a 1 year high of $61.41. The firm has a market cap of $15.31 billion, a price-to-earnings ratio of 93.29, a PEG ratio of 7.39 and a beta of 1.02. The stock’s 50-day moving average is $54.27 and its two-hundred day moving average is $51.23.

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.