XTX Topco Ltd Has $323,000 Position in Dynatrace, Inc. (NYSE:DT)

XTX Topco Ltd lessened its holdings in shares of Dynatrace, Inc. (NYSE:DT - Free Report) by 86.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,934 shares of the company's stock after selling 39,499 shares during the quarter. XTX Topco Ltd's holdings in Dynatrace were worth $323,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Smartleaf Asset Management LLC lifted its holdings in shares of Dynatrace by 40.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 611 shares of the company's stock valued at $33,000 after buying an additional 176 shares during the last quarter. Versant Capital Management Inc lifted its holdings in Dynatrace by 11.9% in the 4th quarter. Versant Capital Management Inc now owns 1,933 shares of the company's stock worth $105,000 after purchasing an additional 206 shares during the last quarter. Quadrant Capital Group LLC lifted its holdings in Dynatrace by 6.9% in the 4th quarter. Quadrant Capital Group LLC now owns 3,358 shares of the company's stock worth $183,000 after purchasing an additional 216 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in Dynatrace by 2.5% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 9,202 shares of the company's stock worth $500,000 after purchasing an additional 222 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Dynatrace by 0.4% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 65,921 shares of the company's stock worth $3,583,000 after purchasing an additional 253 shares during the last quarter. Hedge funds and other institutional investors own 94.28% of the company's stock.

Dynatrace Stock Performance

Shares of NYSE DT traded down $0.40 during trading on Wednesday, reaching $46.95. The company had a trading volume of 2,616,244 shares, compared to its average volume of 3,227,633. Dynatrace, Inc. has a 52 week low of $39.30 and a 52 week high of $63.00. The stock has a market cap of $14.05 billion, a PE ratio of 29.34, a PEG ratio of 7.05 and a beta of 1.05. The business's 50 day moving average price is $48.31 and its 200-day moving average price is $53.00.

Analysts Set New Price Targets

DT has been the subject of a number of research analyst reports. DA Davidson cut their price target on Dynatrace from $70.00 to $52.00 and set a "buy" rating for the company in a report on Monday, April 14th. Stifel Nicolaus upped their price target on Dynatrace from $65.00 to $69.00 and gave the stock a "buy" rating in a report on Wednesday, February 19th. Scotiabank upped their price target on Dynatrace from $62.00 to $67.00 and gave the stock a "sector outperform" rating in a report on Friday, January 31st. Loop Capital lowered their price objective on Dynatrace from $55.00 to $44.00 and set a "hold" rating on the stock in a research report on Wednesday, April 23rd. Finally, Royal Bank of Canada raised their target price on Dynatrace from $65.00 to $69.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Eight research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $60.41.

Insiders Place Their Bets

In related news, CEO Rick M. Mcconnell sold 40,000 shares of the business'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 transaction of $2,418,000.00. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO James M. Benson sold 34,932 shares of the business's stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $61.05, for a total transaction of $2,132,598.60. Following the sale, the chief financial officer now directly owns 339,004 shares of the company's stock, valued at approximately $20,696,194.20. This trade represents a 9.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 117,432 shares of company stock valued at $7,159,599. Insiders own 0.59% of the company's stock.

About Dynatrace

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.