Aquatic Capital Management LLC Buys 60,161 Shares of Dynatrace, Inc. (NYSE:DT)

Aquatic Capital Management LLC grew its holdings in shares of Dynatrace, Inc. (NYSE:DT - Free Report) by 330.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 78,361 shares of the company's stock after acquiring an additional 60,161 shares during the period. Aquatic Capital Management LLC's holdings in Dynatrace were worth $4,259,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Smartleaf Asset Management LLC raised its stake in shares of Dynatrace by 40.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 611 shares of the company's stock worth $33,000 after purchasing an additional 176 shares during the last quarter. SBI Securities Co. Ltd. purchased a new stake in Dynatrace during the 4th quarter worth about $38,000. Coppell Advisory Solutions LLC raised its holdings in shares of Dynatrace by 1,423.4% in the 4th quarter. Coppell Advisory Solutions LLC now owns 716 shares of the company's stock valued at $39,000 after acquiring an additional 669 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of Dynatrace by 271.8% in the 4th quarter. Nisa Investment Advisors LLC now owns 725 shares of the company's stock valued at $39,000 after acquiring an additional 530 shares in the last quarter. Finally, Huntington National Bank raised its holdings in shares of Dynatrace by 218.0% in the 4th quarter. Huntington National Bank now owns 884 shares of the company's stock valued at $48,000 after acquiring an additional 606 shares in the last quarter. Institutional investors own 94.28% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently commented on DT shares. BMO Capital Markets dropped their price target on Dynatrace from $70.00 to $60.00 and set an "outperform" rating for the company in a research note on Monday, March 17th. Guggenheim reissued a "neutral" rating on shares of Dynatrace in a research note on Friday, January 31st. DA Davidson cut their target price on shares of Dynatrace from $70.00 to $52.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Stifel Nicolaus raised their target price on shares of Dynatrace from $65.00 to $69.00 and gave the stock a "buy" rating in a report on Wednesday, February 19th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Dynatrace in a research note on Tuesday, February 18th. Eight equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $60.41.

Dynatrace Stock Performance

Dynatrace stock traded down $0.40 during trading hours on Wednesday, reaching $46.95. 2,616,244 shares of the company's stock traded hands, compared to its average volume of 3,227,633. The firm has a market capitalization of $14.05 billion, a price-to-earnings ratio of 29.34, a PEG ratio of 7.05 and a beta of 1.05. Dynatrace, Inc. has a fifty-two week low of $39.30 and a fifty-two week high of $63.00. The firm's 50 day moving average is $48.56 and its 200-day moving average is $53.04.

Insiders Place Their Bets

In other news, Director Stephen J. Lifshatz sold 2,500 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $60.88, for a total transaction of $152,200.00. Following the transaction, the director now directly owns 36,471 shares of the company's stock, valued at approximately $2,220,354.48. This trade represents a 6.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Rick M. Mcconnell sold 40,000 shares of Dynatrace stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $60.45, for a total transaction of $2,418,000.00. Following the completion of the transaction, the chief executive officer now directly owns 506,720 shares in the company, valued at $30,631,224. This trade represents a 7.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 117,432 shares of company stock worth $7,159,599. Company insiders own 0.59% of the company's stock.

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.