Mirabella Financial Services LLP Purchases New Shares in Dynatrace, Inc. (NYSE:DT)

Mirabella Financial Services LLP purchased a new stake in Dynatrace, Inc. (NYSE:DT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 13,200 shares of the company’s stock, valued at approximately $717,000.

Other institutional investors have also recently modified their holdings of the company. MML Investors Services LLC raised its position in Dynatrace by 12.0% in the fourth quarter. MML Investors Services LLC now owns 98,596 shares of the company’s stock valued at $5,359,000 after purchasing an additional 10,585 shares during the last quarter. MYDA Advisors LLC grew its stake in shares of Dynatrace by 100.0% in the 4th quarter. MYDA Advisors LLC now owns 80,000 shares of the company’s stock valued at $4,348,000 after buying an additional 40,000 shares during the period. Natixis bought a new stake in shares of Dynatrace during the fourth quarter valued at approximately $1,036,000. MetLife Investment Management LLC raised its holdings in Dynatrace by 8.3% during the fourth quarter. MetLife Investment Management LLC now owns 181,189 shares of the company’s stock worth $9,848,000 after buying an additional 13,848 shares during the last quarter. Finally, Ossiam lifted its stake in shares of Dynatrace by 26.1% in the fourth quarter. Ossiam now owns 2,716 shares of the company’s stock valued at $148,000 after buying an additional 562 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.

Dynatrace Stock Down 0.3 %

Dynatrace stock opened at $43.08 on Monday. The firm has a fifty day simple moving average of $50.91 and a two-hundred day simple moving average of $53.47. Dynatrace, Inc. has a twelve month low of $39.30 and a twelve month high of $63.00. The company has a market capitalization of $12.90 billion, a PE ratio of 26.93, a P/E/G ratio of 7.05 and a beta of 1.05.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on DT. Wedbush reaffirmed an “outperform” rating and issued a $67.00 price target on shares of Dynatrace in a research report on Friday, January 31st. Wells Fargo & Company set a $70.00 price objective on Dynatrace in a research note on Friday, January 31st. Guggenheim reiterated a “neutral” rating on shares of Dynatrace in a research note on Friday, January 31st. Needham & Company LLC restated a “hold” rating on shares of Dynatrace in a report on Tuesday, February 18th. Finally, BMO Capital Markets decreased their price objective on shares of Dynatrace from $70.00 to $60.00 and set an “outperform” rating for the company in a research note on Monday, March 17th. Eight investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $62.00.

Insider Activity at Dynatrace

In other Dynatrace news, Director Stephen J. Lifshatz sold 2,500 shares of the business’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $60.88, for a total value of $152,200.00. Following the transaction, the director now owns 36,471 shares in the company, valued at approximately $2,220,354.48. The trade was a 6.42 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Rick M. Mcconnell sold 40,000 shares of the stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $61.42, for a total transaction of $2,456,800.00. Following the sale, the chief executive officer now owns 548,684 shares of the company’s stock, valued at approximately $33,700,171.28. This represents a 6.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 117,432 shares of company stock worth $7,159,599 in the last ninety days. 0.59% of the stock is owned by company insiders.

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.