Natixis Advisors LLC Purchases 4,678 Shares of Dynatrace, Inc. (NYSE:DT)

Natixis Advisors LLC boosted its position in shares of Dynatrace, Inc. (NYSE:DT) by 2.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 184,123 shares of the company’s stock after acquiring an additional 4,678 shares during the quarter. Natixis Advisors LLC owned 0.06% of Dynatrace worth $9,845,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in DT. Seelaus Asset Management LLC bought a new stake in shares of Dynatrace in the 3rd quarter valued at about $232,000. CIBC Asset Management Inc raised its stake in Dynatrace by 5.5% in the third quarter. CIBC Asset Management Inc now owns 10,474 shares of the company’s stock valued at $560,000 after buying an additional 544 shares during the period. Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Dynatrace by 14.5% in the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 9,816 shares of the company’s stock valued at $525,000 after buying an additional 1,243 shares during the last quarter. Curi RMB Capital LLC boosted its stake in shares of Dynatrace by 10.0% during the 3rd quarter. Curi RMB Capital LLC now owns 56,135 shares of the company’s stock worth $3,002,000 after acquiring an additional 5,084 shares during the period. Finally, Zions Bancorporation N.A. increased its holdings in shares of Dynatrace by 18.5% during the 3rd quarter. Zions Bancorporation N.A. now owns 33,979 shares of the company’s stock worth $1,817,000 after acquiring an additional 5,302 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Insider Buying and Selling at Dynatrace

In other news, EVP Dan Zugelder sold 11,022 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $49.71, for a total value of $547,903.62. Following the sale, the executive vice president now directly owns 217,465 shares in the company, valued at approximately $10,810,185.15. This trade represents a 4.82 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Rick M. Mcconnell sold 50,000 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $51.50, for a total transaction of $2,575,000.00. Following the completion of the transaction, the chief executive officer now directly owns 650,587 shares of the company’s stock, valued at approximately $33,505,230.50. The trade was a 7.14 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 66,022 shares of company stock valued at $3,397,904. 0.59% of the stock is currently owned by corporate insiders.

Dynatrace Trading Up 2.9 %

NYSE DT opened at $52.55 on Friday. The firm’s 50 day simple moving average is $53.34 and its 200 day simple moving average is $48.79. The firm has a market capitalization of $15.69 billion, a price-to-earnings ratio of 95.55, a P/E/G ratio of 7.54 and a beta of 1.06. Dynatrace, Inc. has a 1 year low of $39.42 and a 1 year high of $61.41.

Wall Street Analyst Weigh In

DT has been the subject of several research reports. JPMorgan Chase & Co. raised their price target on Dynatrace from $55.00 to $60.00 and gave the company an “overweight” rating in a report on Wednesday, October 30th. BNP Paribas assumed 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. Scotiabank lifted their target price on shares of Dynatrace from $55.00 to $62.00 and gave the stock a “sector outperform” rating in a report on Friday, November 8th. BMO Capital Markets increased their price target on shares of Dynatrace from $53.00 to $61.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Finally, Wedbush assumed coverage on Dynatrace in a report on Thursday, October 17th. They set an “outperform” rating and a $67.00 price objective for the company. Five equities research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Dynatrace presently has an average rating of “Moderate Buy” and an average price target of $61.50.

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.