Centiva Capital LP Has $236,000 Position in Dynatrace, Inc. (NYSE:DT)

Centiva Capital LP cut its holdings in Dynatrace, Inc. (NYSE:DT) by 63.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,408 shares of the company’s stock after selling 7,773 shares during the period. Centiva Capital LP’s holdings in Dynatrace were worth $236,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DT. Cetera Investment Advisers increased its holdings in shares of Dynatrace by 385.9% during the first quarter. Cetera Investment Advisers now owns 40,685 shares of the company’s stock valued at $1,889,000 after acquiring an additional 32,312 shares in the last quarter. Cetera Advisors LLC raised its holdings in Dynatrace by 88.7% during the first quarter. Cetera Advisors LLC now owns 7,336 shares of the company’s stock worth $341,000 after buying an additional 3,448 shares during the last quarter. CWM LLC grew its holdings in shares of Dynatrace by 30.4% during the second quarter. CWM LLC now owns 2,357 shares of the company’s stock valued at $105,000 after buying an additional 550 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in shares of Dynatrace during the second quarter valued at about $32,000. Finally, Assenagon Asset Management S.A. increased its position in shares of 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 in the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Dynatrace news, EVP Bernd Greifeneder sold 50,000 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president now owns 1,007,038 shares in the company, valued at $58,237,007.54. This trade represents a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Stephen J. Lifshatz sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, October 11th. The stock was sold at an average price of $55.00, for a total value of $275,000.00. Following the completion of the sale, the director now owns 41,471 shares of the company’s stock, valued at $2,280,905. The trade was a 10.76 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 105,027 shares of company stock worth $5,743,084 in the last three months. Corporate insiders own 0.59% of the company’s stock.

Dynatrace Trading Down 1.1 %

Shares of NYSE:DT opened at $56.29 on Thursday. The company has a 50 day moving average of $54.55 and a 200 day moving average of $49.69. The stock has a market cap of $16.80 billion, a P/E ratio of 103.55, a P/E/G ratio of 8.52 and a beta of 1.01. Dynatrace, Inc. has a 12 month low of $39.42 and a 12 month high of $61.41.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Wedbush began coverage on Dynatrace in a report on Thursday, October 17th. They set an “outperform” rating and a $67.00 price objective for the company. Barclays lifted their target price on Dynatrace from $64.00 to $67.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. BMO Capital Markets increased their price target on Dynatrace from $53.00 to $61.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. UBS Group started coverage on shares of Dynatrace in a research note on Wednesday, November 27th. They issued a “neutral” rating and a $58.00 target price for the company. Finally, Needham & Company LLC reissued a “hold” rating on shares of Dynatrace in a research report on Friday, November 8th. Six analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $61.48.

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.