Jump Financial LLC Has $6.54 Million Stock Holdings in Dynatrace, Inc. (NYSE:DT)

Jump Financial LLC boosted its stake in shares of Dynatrace, Inc. (NYSE:DT - Free Report) by 236.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 119,484 shares of the company's stock after purchasing an additional 83,956 shares during the period. Jump Financial LLC's holdings in Dynatrace were worth $6,535,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Ardsley Advisory Partners LP purchased a new position in shares of Dynatrace in the 3rd quarter valued at $1,881,000. Raymond James & Associates raised its position in Dynatrace by 10.8% in the fourth quarter. Raymond James & Associates now owns 235,222 shares of the company's stock valued at $12,864,000 after purchasing an additional 22,903 shares during the period. United Asset Strategies Inc. acquired a new position in shares of Dynatrace during the fourth quarter worth about $1,556,000. Ameriprise Financial Inc. boosted its position in shares of Dynatrace by 10.3% in the third quarter. Ameriprise Financial Inc. now owns 4,038,448 shares of the company's stock worth $188,717,000 after buying an additional 375,463 shares during the period. Finally, Bamco Inc. NY grew its stake in shares of Dynatrace by 24.1% in the third quarter. Bamco Inc. NY now owns 694,360 shares of the company's stock valued at $32,447,000 after buying an additional 134,792 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on DT. Needham & Company LLC restated a "hold" rating on shares of Dynatrace in a report on Monday, April 1st. TD Cowen lowered their price target on shares of Dynatrace from $62.00 to $58.00 and set a "buy" rating for the company in a report on Friday, April 19th. Wolfe Research initiated coverage on shares of Dynatrace in a report on Monday, March 18th. They issued an "outperform" rating and a $60.00 price objective on the stock. JPMorgan Chase & Co. dropped their target price on Dynatrace from $65.00 to $60.00 and set an "overweight" rating on the stock in a research report on Monday, April 1st. Finally, Scotiabank lifted their price objective on Dynatrace from $62.00 to $70.00 and gave the stock a "sector outperform" rating in a report on Monday, February 5th. Four research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, Dynatrace has a consensus rating of "Moderate Buy" and an average target price of $61.00.

Insider Activity at Dynatrace

In other news, CEO Rick M. Mcconnell sold 25,000 shares of the company's stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of $46.29, for a total value of $1,157,250.00. Following the completion of the sale, the chief executive officer now directly owns 477,105 shares of the company's stock, valued at approximately $22,085,190.45. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, CEO Rick M. Mcconnell sold 25,000 shares of the company's stock in a transaction on Friday, March 15th. The stock was sold at an average price of $46.29, for a total value of $1,157,250.00. Following the completion of the sale, the chief executive officer now owns 477,105 shares in the company, valued at $22,085,190.45. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Matthias Dollentz-Scharer sold 2,076 shares of Dynatrace stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $51.91, for a total value of $107,765.16. Following the transaction, the insider now directly owns 72,645 shares in the company, valued at $3,771,001.95. The disclosure for this sale can be found here. Insiders have sold a total of 14,278,591 shares of company stock worth $750,893,396 in the last three months. 0.54% of the stock is owned by company insiders.

Dynatrace Stock Down 0.5 %

Shares of NYSE:DT traded down $0.21 during trading on Friday, hitting $46.21. 1,941,990 shares of the company traded hands, compared to its average volume of 3,291,545. The stock has a market capitalization of $13.60 billion, a price-to-earnings ratio of 70.02, a PEG ratio of 3.99 and a beta of 1.06. Dynatrace, Inc. has a one year low of $43.29 and a one year high of $61.41. The business's fifty day moving average is $46.28 and its 200-day moving average is $50.72.

Dynatrace (NYSE:DT - Get Free Report) last released its quarterly earnings results on Thursday, February 8th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.15 by $0.03. Dynatrace had a net margin of 14.44% and a return on equity of 11.92%. The business had revenue of $365.10 million during the quarter, compared to analyst estimates of $357.64 million. On average, analysts forecast that Dynatrace, Inc. will post 0.62 EPS for the current year.

Dynatrace Company Profile

Dynatrace, Inc provides a security platform for multicloud environments. It 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.