Union Bancaire Privee UBP SA Acquires Shares of 124,160 Dynatrace, Inc. (NYSE:DT)

Union Bancaire Privee UBP SA bought a new position in Dynatrace, Inc. (NYSE:DT) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 124,160 shares of the company’s stock, valued at approximately $6,430,000.

Several other large investors have also recently modified their holdings of DT. Riverview Trust Co boosted its position in shares of Dynatrace by 70.6% during the third quarter. Riverview Trust Co now owns 621 shares of the company’s stock valued at $33,000 after buying an additional 257 shares during the period. UMB Bank n.a. boosted its holdings in Dynatrace by 292.3% during the 3rd quarter. UMB Bank n.a. now owns 718 shares of the company’s stock valued at $38,000 after acquiring an additional 535 shares during the period. Paladin Wealth LLC bought a new position in Dynatrace in the 3rd quarter valued at $38,000. Nisa Investment Advisors LLC increased its stake in Dynatrace by 271.8% in the fourth quarter. Nisa Investment Advisors LLC now owns 725 shares of the company’s stock worth $39,000 after purchasing an additional 530 shares during the period. Finally, Capital Performance Advisors LLP bought a new stake in shares of Dynatrace during the third quarter worth $52,000. Institutional investors own 94.28% of the company’s stock.

Dynatrace Stock Up 1.6 %

DT opened at $55.64 on Monday. The business has a 50 day moving average price of $54.31 and a two-hundred day moving average price of $51.60. Dynatrace, Inc. has a 52 week low of $39.42 and a 52 week high of $61.41. The company has a market cap of $16.61 billion, a PE ratio of 101.16, a P/E/G ratio of 7.94 and a beta of 1.02.

Insider Buying and Selling

In other Dynatrace news, EVP Bernd Greifeneder sold 50,000 shares of the business’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $57.83, for a total transaction of $2,891,500.00. Following the sale, the executive vice president now directly owns 1,007,038 shares in the company, valued at approximately $58,237,007.54. The trade was a 4.73 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.59% of the company’s stock.

Analysts Set New Price Targets

DT has been the subject of a number of recent analyst reports. Wedbush began coverage on shares of Dynatrace in a report on Thursday, October 17th. They set an “outperform” rating and a $67.00 price target for the company. Cantor Fitzgerald initiated coverage on Dynatrace in a research note on Friday, January 17th. They set a “neutral” rating and a $58.00 target price for the company. BTIG Research increased their price target on Dynatrace from $57.00 to $63.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Rosenblatt Securities reaffirmed a “buy” rating and issued a $65.00 target price on shares of Dynatrace in a research report on Wednesday, November 6th. Finally, Barclays increased their target price on shares of Dynatrace from $64.00 to $67.00 and gave the stock an “overweight” rating in a report on Friday, December 6th. Eight equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $61.68.

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.