Dynatrace, Inc. (NYSE:DT) Shares Purchased by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise grew its stake in shares of Dynatrace, Inc. (NYSE:DT) by 24.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 28,692 shares of the company’s stock after purchasing an additional 5,650 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Dynatrace were worth $1,534,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Diversify Advisory Services LLC bought a new position in shares of Dynatrace during the second quarter valued at approximately $1,295,000. Assenagon Asset Management S.A. grew its holdings 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 valued at $98,792,000 after purchasing an additional 2,030,915 shares during the last quarter. Crossmark Global Holdings Inc. grew its holdings in Dynatrace by 56.0% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 26,303 shares of the company’s stock worth $1,406,000 after buying an additional 9,444 shares in the last quarter. Walter Public Investments Inc. grew its holdings in Dynatrace by 12.5% in the 2nd quarter. Walter Public Investments Inc. now owns 320,099 shares of the company’s stock worth $14,321,000 after buying an additional 35,626 shares in the last quarter. Finally, Quadrature Capital Ltd grew its holdings in Dynatrace by 102.2% in the 1st quarter. Quadrature Capital Ltd now owns 80,995 shares of the company’s stock worth $3,758,000 after buying an additional 40,944 shares in the last quarter. 94.28% of the stock is owned by institutional investors.

Dynatrace Stock Down 0.9 %

Shares of Dynatrace stock opened at $51.09 on Thursday. The stock has a market cap of $15.25 billion, a PE ratio of 92.89, a price-to-earnings-growth ratio of 7.34 and a beta of 1.06. The business has a fifty day simple moving average of $53.30 and a 200-day simple moving average of $48.77. Dynatrace, Inc. has a 12 month low of $39.42 and a 12 month high of $61.41.

Analyst Ratings Changes

A number of equities analysts recently issued reports on DT shares. BNP Paribas started coverage on Dynatrace in a report on Tuesday, October 8th. They issued a “neutral” rating and a $52.00 price objective for the company. JPMorgan Chase & Co. increased their price objective on Dynatrace from $55.00 to $60.00 and gave the stock an “overweight” rating in a report on Wednesday, October 30th. BTIG Research increased their price objective on Dynatrace from $57.00 to $63.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Needham & Company LLC reissued a “hold” rating on shares of Dynatrace in a report on Friday, November 8th. Finally, Guggenheim increased their price objective on Dynatrace from $55.00 to $64.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Five equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.50.

Insider Transactions at Dynatrace

In related news, EVP Dan Zugelder sold 11,022 shares of Dynatrace 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 of the company’s stock, valued at approximately $10,810,185.15. This trade represents a 4.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Rick M. Mcconnell sold 50,000 shares of Dynatrace 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 approximately $33,505,230.50. The trade was a 7.14 % 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. Company insiders own 0.59% of the company’s stock.

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.