Susquehanna Fundamental Investments LLC Purchases Shares of 148,749 Dynatrace, Inc. (NYSE:DT)

Susquehanna Fundamental Investments LLC acquired a new position in shares of Dynatrace, Inc. (NYSE:DT - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 148,749 shares of the company's stock, valued at approximately $8,085,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DT. Coldstream Capital Management Inc. lifted its position in shares of Dynatrace by 9.8% during the 4th quarter. Coldstream Capital Management Inc. now owns 4,990 shares of the company's stock valued at $271,000 after acquiring an additional 446 shares during the period. Coppell Advisory Solutions LLC raised its holdings in shares of Dynatrace by 1,423.4% during the 4th quarter. Coppell Advisory Solutions LLC now owns 716 shares of the company's stock worth $39,000 after buying an additional 669 shares in the last quarter. MGO One Seven LLC raised its holdings in shares of Dynatrace by 21.1% during the 4th quarter. MGO One Seven LLC now owns 5,890 shares of the company's stock worth $320,000 after buying an additional 1,028 shares in the last quarter. Pinebridge Investments L.P. raised its holdings in shares of Dynatrace by 104.5% during the 4th quarter. Pinebridge Investments L.P. now owns 368,800 shares of the company's stock worth $20,044,000 after buying an additional 188,461 shares in the last quarter. Finally, Dark Forest Capital Management LP acquired a new position in shares of Dynatrace during the 4th quarter worth $369,000. 94.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Guggenheim reissued a "neutral" rating on shares of Dynatrace in a report on Friday, January 31st. Cantor Fitzgerald reissued a "neutral" rating and set a $57.00 price target on shares of Dynatrace in a report on Thursday, February 6th. Wells Fargo & Company set a $70.00 target price on Dynatrace in a report on Friday, January 31st. Rosenblatt Securities reaffirmed a "buy" rating and issued a $67.00 target price on shares of Dynatrace in a report on Thursday, February 6th. Finally, Jefferies Financial Group lowered their target price on Dynatrace from $65.00 to $60.00 and set a "buy" rating for the company in a report on Monday, April 7th. Eight 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, the company presently has an average rating of "Moderate Buy" and a consensus target price of $60.41.

Dynatrace Stock Down 0.8 %

NYSE:DT traded down $0.40 on Wednesday, hitting $46.95. The stock had a trading volume of 2,616,244 shares, compared to its average volume of 3,227,633. The business's fifty day moving average is $48.56 and its 200 day moving average is $53.04. The company has a market cap of $14.05 billion, a PE ratio of 29.34, a P/E/G ratio of 7.05 and a beta of 1.05. Dynatrace, Inc. has a 52 week low of $39.30 and a 52 week high of $63.00.

Insiders Place Their Bets

In other news, Director Stephen J. Lifshatz sold 2,500 shares of the stock in a transaction on Monday, February 10th. The stock was sold at an average price of $60.88, for a total transaction of $152,200.00. Following the completion of the transaction, the director now owns 36,471 shares in the company, valued at approximately $2,220,354.48. This represents a 6.42 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Rick M. Mcconnell sold 40,000 shares of the stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $60.45, for a total value of $2,418,000.00. Following the sale, 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 position. The disclosure for this sale can be found here. Insiders have sold 117,432 shares of company stock valued at $7,159,599 in the last three months. 0.59% of the stock is currently owned by insiders.

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.