International Assets Investment Management LLC Invests $2.85 Million in Dynatrace, Inc. (NYSE:DT)

International Assets Investment Management LLC acquired a new position in Dynatrace, Inc. (NYSE:DT) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 52,065 shares of the company’s stock, valued at approximately $2,847,000.

Other large investors also recently modified their holdings of the company. Contravisory Investment Management Inc. purchased a new stake in shares of Dynatrace during the 4th quarter valued at about $25,000. Quarry LP purchased a new stake in shares of Dynatrace during the 1st quarter valued at about $26,000. Advisory Services Network LLC raised its holdings in shares of Dynatrace by 50.9% during the 1st quarter. Advisory Services Network LLC now owns 661 shares of the company’s stock valued at $28,000 after buying an additional 223 shares during the period. FinTrust Capital Advisors LLC purchased a new stake in shares of Dynatrace during the 3rd quarter valued at about $35,000. Finally, Planned Solutions Inc. purchased a new stake in Dynatrace during the 4th quarter worth approximately $38,000. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Dynatrace

In other news, major shareholder Thoma Bravo Ugp, Llc sold 14,242,929 shares of the business’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $52.60, for a total transaction of $749,178,065.40. Following the sale, the insider now directly owns 16,114,344 shares of the company’s stock, valued at $847,614,494.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Rick M. Mcconnell sold 1,991 shares of the business’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $51.91, for a total transaction of $103,352.81. Following the sale, the chief executive officer now directly owns 514,106 shares of the company’s stock, valued at $26,687,242.46. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Thoma Bravo Ugp, Llc sold 14,242,929 shares of the business’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $52.60, for a total value of $749,178,065.40. Following the sale, the insider now directly owns 16,114,344 shares in the company, valued at $847,614,494.40. The disclosure for this sale can be found here. Insiders have sold 14,278,591 shares of company stock valued at $750,893,396 over the last three months. Company insiders own 0.54% of the company’s stock.

Dynatrace Stock Performance

DT opened at $46.26 on Friday. Dynatrace, Inc. has a one year low of $40.43 and a one year high of $61.41. The stock’s fifty day moving average is $47.72 and its 200-day moving average is $50.84. The company has a market capitalization of $13.62 billion, a PE ratio of 70.09, a P/E/G ratio of 3.82 and a beta of 1.07.

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

Analyst Ratings Changes

DT has been the topic of several analyst reports. Capital One Financial began coverage on Dynatrace in a report on Wednesday, February 21st. They set an “overweight” rating and a $64.00 price objective on the stock. Rosenblatt Securities boosted their price objective on Dynatrace from $58.00 to $65.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Royal Bank of Canada restated an “outperform” rating and set a $66.00 price objective on shares of Dynatrace in a research report on Friday, February 9th. Needham & Company LLC restated a “hold” rating on shares of Dynatrace in a research report on Monday, April 1st. Finally, JPMorgan Chase & Co. reduced their price objective on Dynatrace from $65.00 to $60.00 and set an “overweight” rating for the company in a research report on Monday, April 1st. Four analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. According to MarketBeat, Dynatrace presently has a consensus rating of “Moderate Buy” and an average price target of $61.04.

Dynatrace 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.