Hantz Financial Services Inc. Sells 8,605 Shares of Dynatrace, Inc. (NYSE:DT)

Hantz Financial Services Inc. decreased its stake in shares of Dynatrace, Inc. (NYSE:DT) by 4.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 188,426 shares of the company’s stock after selling 8,605 shares during the period. Hantz Financial Services Inc. owned approximately 0.06% of Dynatrace worth $10,241,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in DT. Versant Capital Management Inc lifted its position in shares of Dynatrace by 11.9% in the fourth quarter. Versant Capital Management Inc now owns 1,933 shares of the company’s stock worth $105,000 after purchasing an additional 206 shares in the last quarter. Virtue Capital Management LLC lifted its position in Dynatrace by 4.2% during the 3rd quarter. Virtue Capital Management LLC now owns 5,275 shares of the company’s stock worth $282,000 after buying an additional 212 shares in the last quarter. Atria Investments Inc boosted its stake in shares of Dynatrace by 3.4% during the 3rd quarter. Atria Investments Inc now owns 7,201 shares of the company’s stock worth $385,000 after buying an additional 240 shares during the last quarter. Avior Wealth Management LLC grew its holdings in shares of Dynatrace by 2.9% in the 3rd quarter. Avior Wealth Management LLC now owns 8,797 shares of the company’s stock valued at $470,000 after acquiring an additional 248 shares in the last quarter. Finally, Riverview Trust Co increased its position in shares of Dynatrace by 70.6% in the third quarter. Riverview Trust Co now owns 621 shares of the company’s stock valued at $33,000 after acquiring an additional 257 shares during the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Dynatrace Price Performance

Dynatrace stock opened at $57.64 on Wednesday. The business has a 50 day moving average of $54.53 and a 200-day moving average of $51.85. Dynatrace, Inc. has a 1 year low of $39.42 and a 1 year high of $61.41. The company has a market capitalization of $17.20 billion, a P/E ratio of 105.23, a P/E/G ratio of 7.94 and a beta of 1.02.

Wall Street Analyst Weigh In

A number of analysts have commented on DT shares. Scotiabank increased their price target on shares of Dynatrace from $55.00 to $62.00 and gave the company a “sector outperform” rating in a research note on Friday, November 8th. Rosenblatt Securities reiterated a “buy” rating and issued a $65.00 target price on shares of Dynatrace in a research note on Wednesday. Loop Capital lifted their price target on Dynatrace from $45.00 to $55.00 and gave the stock a “hold” rating in a report on Friday, November 8th. Jefferies Financial Group upped their price objective on Dynatrace from $60.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Finally, BNP Paribas started coverage on Dynatrace in a research note on Tuesday, October 8th. They set a “neutral” rating and a $52.00 target price for the company. Eight analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat.com, Dynatrace currently has an average rating of “Moderate Buy” and a consensus price target of $61.68.

Insider Buying and Selling

In other news, EVP Bernd Greifeneder sold 50,000 shares of the business’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $57.83, for a total value of $2,891,500.00. Following the transaction, the executive vice president now directly owns 1,007,038 shares of the company’s stock, valued at $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 available through this link. 0.59% of the stock is owned by insiders.

Dynatrace Profile

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.