LPL Financial LLC Raises Position in Dynatrace, Inc. (NYSE:DT)

LPL Financial LLC lifted its stake in Dynatrace, Inc. ( NYSE:DT – Free Report ) by 24.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC.

The firm owned 204,088 shares of the company’s stock after purchasing an additional 40,004 shares during the quarter. LPL Financial LLC’s holdings in Dynatrace were worth $10,967,000 at the end of the most recent reporting period. Several other large investors have also recently modified their holdings of DT.



Cerity Partners LLC boosted its stake in shares of Dynatrace by 291.2% during the 3rd quarter. Cerity Partners LLC now owns 19,478 shares of the company’s stock worth $1,041,000 after purchasing an additional 14,499 shares during the period.

Captrust Financial Advisors bought a new stake in Dynatrace in the third quarter worth about $327,000. Benjamin Edwards Inc. boosted its position in shares of Dynatrace by 4,660.

6% during the third quarter. Benjamin Edwards Inc. now owns 25,755 shares of the company’s stock valued at $1,377,000 after buying an additional 25,214 shares during the period.

HighTower Advisors LLC grew its stake in shares of Dynatrace by 8.9% during the third quarter. HighTower Advisors LLC now owns 26,101 shares of the company’s stock valued at $1,398,000 after buying an additional 2,129 shares during the last quarter.

Finally, Investment Management Corp of Ontario grew its stake in shares of Dynatrace by 58.6% during the third quarter. Investment Management Corp of Ontario now owns 9,474 shares of the company’s stock valued at $507,000 after buying an additional 3,500 shares during the last quarter.

Institutional investors own 94.28% of the company’s stock. Analyst Upgrades and Downgrades DT has been the subject of a number of recent analyst reports.

BMO Capital Markets dropped their price objective on Dynatrace from $70.00 to $60.00 and set an “outperform” rating for the company in a report on Monday, March 17th.

Barclays boosted their target price on shares of Dynatrace from $64.00 to $67.00 and gave the company an “overweight” rating in a research note on Friday, December 6th.

Wells Fargo & Company set a $70.00 price target on shares of Dynatrace in a report on Friday, January 31st. Morgan Stanley lifted their price objective on shares of Dynatrace from $59.

00 to $62.00 and gave the company an “equal weight” rating in a report on Friday, January 31st. Finally, Guggenheim restated a “neutral” rating on shares of Dynatrace in a research note 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $63.

35. Insider Transactions at Dynatrace In other Dynatrace news, Director Stephen J. Lifshatz sold 2,500 shares of the stock in a transaction dated Monday, February 10th.

The stock was sold at an average price of $60.88, for a total value of $152,200.00.

Following the completion of the sale, the director now directly owns 36,471 shares in the company, valued at approximately $2,220,354.48. This trade represents a 6.

42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website . Also, CEO Rick M.

Mcconnell sold 40,000 shares of the business’s stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $61.42, for a total value of $2,456,800.

00. Following the sale, the chief executive officer now owns 548,684 shares in the company, valued at $33,700,171.28.

The trade was a 6.79 % decrease in their position. The disclosure for this sale can be found here .

Insiders have sold a total of 117,432 shares of company stock valued at $7,159,599 in the last 90 days. Insiders own 0.59% of the company’s stock.

Dynatrace Price Performance DT opened at $45.67 on Friday. The firm has a market capitalization of $13.

67 billion, a PE ratio of 28.54, a price-to-earnings-growth ratio of 7.05 and a beta of 1.

05. The business’s 50-day moving average is $55.03 and its two-hundred day moving average is $54.

31. Dynatrace, Inc. has a 1 year low of $39.

42 and a 1 year high of $63.00. Dynatrace Profile ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding DT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dynatrace, Inc.

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