Temasek Holdings Private Ltd Lowers Stock Position in Dynatrace, Inc. (NYSE:DT)

Temasek Holdings Private Ltd decreased its position in Dynatrace, Inc. (NYSE:DT - Free Report) by 54.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 392,365 shares of the company's stock after selling 463,538 shares during the period. Temasek Holdings Private Ltd owned about 0.13% of Dynatrace worth $21,325,000 at the end of the most recent quarter.

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

Dynatrace Stock Performance

NYSE DT opened at $53.35 on Friday. The firm has a market cap of $15.97 billion, a price-to-earnings ratio of 33.34, a PEG ratio of 7.05 and a beta of 0.95. The firm has a 50 day simple moving average of $46.98 and a 200-day simple moving average of $52.61. Dynatrace, Inc. has a one year low of $39.30 and a one year high of $63.00.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DT. BMO Capital Markets raised their price target on shares of Dynatrace from $60.00 to $63.00 and gave the company an "outperform" rating in a research note on Thursday. Morgan Stanley reduced their target price on Dynatrace from $62.00 to $50.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. DA Davidson lifted their price target on Dynatrace from $60.00 to $65.00 and gave the stock a "buy" rating in a research note on Thursday. Cantor Fitzgerald reiterated a "neutral" rating and set a $57.00 price target on shares of Dynatrace in a research report on Thursday, February 6th. Finally, Robert W. Baird set a $65.00 price objective on Dynatrace in a report on Friday, January 31st. Eight research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, Dynatrace currently has an average rating of "Moderate Buy" and a consensus target price of $61.22.

Insider Buying and Selling

In related news, CEO Rick M. Mcconnell sold 40,000 shares of the business's stock in a transaction on Thursday, February 20th. The stock was 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 of the company's stock, valued at $30,631,224. The trade was a 7.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.59% of the stock is owned by insiders.

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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