Teachers Retirement System of The State of Kentucky Acquires Shares of 150,897 Dynatrace, Inc. (NYSE:DT)

Teachers Retirement System of The State of Kentucky acquired a new stake in Dynatrace, Inc. (NYSE:DT – Get Rating) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 150,897 shares of the company’s stock, valued at approximately $5,252,000. Teachers Retirement System of The State of Kentucky owned 0.05% of Dynatrace at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Wipfli Financial Advisors LLC purchased a new position in shares of Dynatrace during the 3rd quarter valued at $30,000. Ronald Blue Trust Inc. purchased a new position in shares of Dynatrace during the 2nd quarter valued at $34,000. Quadrant Capital Group LLC lifted its position in shares of Dynatrace by 793.0% during the 2nd quarter. Quadrant Capital Group LLC now owns 1,152 shares of the company’s stock valued at $45,000 after buying an additional 1,023 shares during the last quarter. Zions Bancorporation N.A. purchased a new position in shares of Dynatrace during the 3rd quarter valued at $51,000. Finally, Ellevest Inc. purchased a new position in shares of Dynatrace during the 3rd quarter valued at $67,000. Institutional investors own 97.17% of the company’s stock.

Insider Activity

In related news, CAO Alicia Allen sold 2,039 shares of the firm’s stock in a transaction that occurred on Thursday, February 16th. The stock was sold at an average price of $43.49, for a total transaction of $88,676.11. Following the transaction, the chief accounting officer now directly owns 85,242 shares in the company, valued at approximately $3,707,174.58. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, CAO Alicia Allen sold 2,039 shares of the firm’s stock in a transaction that occurred on Thursday, February 16th. The stock was sold at an average price of $43.49, for a total transaction of $88,676.11. Following the transaction, the chief accounting officer now directly owns 85,242 shares in the company, valued at approximately $3,707,174.58. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CRO Stephen J. Pace sold 47,380 shares of the firm’s stock in a transaction that occurred on Friday, February 3rd. The stock was sold at an average price of $46.11, for a total value of $2,184,691.80. Following the transaction, the executive now owns 125,240 shares in the company, valued at $5,774,816.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 14,836,494 shares of company stock worth $669,887,270. 0.51% of the stock is currently owned by insiders.

Dynatrace Trading Up 0.2 %

Shares of Dynatrace stock opened at $38.76 on Friday. The firm has a market capitalization of $11.20 billion, a PE ratio of 387.60, a price-to-earnings-growth ratio of 4.84 and a beta of 1.12. The business’s 50-day moving average price is $40.88 and its 200-day moving average price is $38.09. Dynatrace, Inc. has a 12 month low of $29.41 and a 12 month high of $49.55.

Dynatrace (NYSE:DT – Get Rating) last announced its quarterly earnings data on Wednesday, February 1st. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.11 by $0.04. The firm had revenue of $297.46 million for the quarter, compared to analyst estimates of $285.16 million. Dynatrace had a return on equity of 8.61% and a net margin of 2.61%. As a group, analysts predict that Dynatrace, Inc. will post 0.39 earnings per share for the current fiscal year.

Analysts Set New Price Targets

DT has been the topic of a number of recent research reports. Loop Capital upped their price target on Dynatrace from $35.00 to $40.00 and gave the company a “hold” rating in a research report on Thursday, February 2nd. The Goldman Sachs Group dropped their price objective on Dynatrace from $54.00 to $47.00 and set a “buy” rating on the stock in a report on Wednesday, January 25th. Wedbush began coverage on Dynatrace in a report on Wednesday, December 14th. They set a “neutral” rating and a $35.00 price objective on the stock. Royal Bank of Canada increased their price objective on Dynatrace from $45.00 to $52.00 and gave the stock an “outperform” rating in a report on Thursday, February 2nd. Finally, Rosenblatt Securities increased their price objective on Dynatrace from $46.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, February 2nd. Six equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $47.22.

About Dynatrace

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Dynatrace, Inc engages in the development of a software intelligence platform, purpose-built for the enterprise cloud. The firm’s platform utilizes artificial intelligence at its core and advanced automation to provide answers, not just data, about the performance of applications, the underlying hybrid cloud infrastructure, and the experience of the customers’ users.