Dynatrace, Inc. (NYSE:DT) Shares Sold by Capitolis Liquid Global Markets LLC

Capitolis Liquid Global Markets LLC lowered its stake in Dynatrace, Inc. (NYSE:DT - Free Report) by 50.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 100,000 shares of the company's stock after selling 100,400 shares during the quarter. Capitolis Liquid Global Markets LLC's holdings in Dynatrace were worth $5,435,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Dynatrace by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 30,161,184 shares of the company's stock worth $1,639,260,000 after buying an additional 484,877 shares in the last quarter. American Century Companies Inc. increased its holdings in Dynatrace by 10.2% during the 4th quarter. American Century Companies Inc. now owns 7,570,364 shares of the company's stock worth $411,449,000 after purchasing an additional 700,332 shares during the last quarter. Pictet Asset Management Holding SA raised its position in shares of Dynatrace by 13.5% in the 4th quarter. Pictet Asset Management Holding SA now owns 7,025,949 shares of the company's stock valued at $381,860,000 after purchasing an additional 834,225 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Dynatrace by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 5,215,824 shares of the company's stock worth $282,985,000 after buying an additional 87,857 shares in the last quarter. Finally, Alyeska Investment Group L.P. bought a new stake in shares of Dynatrace in the fourth quarter worth $204,000,000. 94.28% of the stock is owned by institutional investors and hedge funds.

Dynatrace Price Performance

Shares of DT opened at $47.58 on Tuesday. The firm has a market capitalization of $14.24 billion, a PE ratio of 29.74, a PEG ratio of 7.05 and a beta of 0.95. Dynatrace, Inc. has a fifty-two week low of $39.30 and a fifty-two week high of $63.00. The company's 50-day moving average is $47.64 and its 200-day moving average is $52.84.

Insider Activity at Dynatrace

In related news, CEO Rick M. Mcconnell sold 40,000 shares of the firm's stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $60.45, for a total value of $2,418,000.00. Following the completion of the transaction, the chief executive officer now owns 506,720 shares in the company, valued at $30,631,224. This trade represents a 7.32 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO James M. Benson sold 34,932 shares of Dynatrace stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $61.05, for a total value of $2,132,598.60. Following the transaction, the chief financial officer now directly owns 339,004 shares in the company, valued at $20,696,194.20. The trade was a 9.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 117,432 shares of company stock valued at $7,159,599 over the last quarter. 0.59% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. BMO Capital Markets decreased their price objective on shares of Dynatrace from $70.00 to $60.00 and set an "outperform" rating for the company in a report on Monday, March 17th. Cantor Fitzgerald reissued a "neutral" rating and issued a $57.00 price target on shares of Dynatrace in a report on Thursday, February 6th. Jefferies Financial Group dropped their target price on Dynatrace from $65.00 to $60.00 and set a "buy" rating on the stock in a research report on Monday, April 7th. Guggenheim restated a "neutral" rating on shares of Dynatrace in a research note on Friday, January 31st. Finally, Stifel Nicolaus boosted their price target on Dynatrace from $65.00 to $69.00 and gave the stock a "buy" rating in a research report on Wednesday, February 19th. Eight analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $60.41.

Dynatrace 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.

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