Calamos Advisors LLC Decreases Stake in Dynatrace, Inc. (NYSE:DT)

Calamos Advisors LLC lowered its holdings in Dynatrace, Inc. (NYSE:DT) by 79.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,537 shares of the company’s stock after selling 29,326 shares during the quarter. Calamos Advisors LLC’s holdings in Dynatrace were worth $410,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of DT. Riverview Trust Co grew its holdings in shares of Dynatrace by 70.6% in the third quarter. Riverview Trust Co now owns 621 shares of the company’s stock worth $33,000 after acquiring an additional 257 shares during the period. Paladin Wealth LLC bought a new stake in shares of Dynatrace during the 3rd quarter valued at about $38,000. UMB Bank n.a. increased its position in shares of 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 purchasing an additional 535 shares during the last quarter. Nisa Investment Advisors LLC increased its position in shares of Dynatrace by 271.8% during the 4th quarter. Nisa Investment Advisors LLC now owns 725 shares of the company’s stock valued at $39,000 after purchasing an additional 530 shares during the last quarter. Finally, Capital Performance Advisors LLP purchased a new stake in shares of Dynatrace during the 3rd quarter valued at about $52,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Insider Buying and Selling

In other Dynatrace news, EVP Bernd Greifeneder sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $57.83, for a total transaction of $2,891,500.00. Following the completion of the transaction, the executive vice president now owns 1,007,038 shares in the company, valued at $58,237,007.54. The trade was a 4.73 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.59% of the stock is currently owned by company insiders.

Dynatrace Stock Up 2.0 %

Shares of NYSE:DT opened at $60.48 on Thursday. Dynatrace, Inc. has a 52 week low of $39.42 and a 52 week high of $61.00. The stock has a market capitalization of $18.10 billion, a P/E ratio of 37.80, a PEG ratio of 8.37 and a beta of 1.04. The firm has a fifty day simple moving average of $54.95 and a two-hundred day simple moving average of $52.35.

Analyst Upgrades and Downgrades

A number of brokerages have commented on DT. Loop Capital upped their target price on shares of Dynatrace from $45.00 to $55.00 and gave the company a “hold” rating in a report on Friday, November 8th. Cantor Fitzgerald reduced their price objective on Dynatrace from $58.00 to $57.00 and set a “neutral” rating for the company in a research note on Friday, January 31st. Scotiabank upped their price objective on Dynatrace from $62.00 to $67.00 and gave the stock a “sector outperform” rating in a research note on Friday, January 31st. Royal Bank of Canada upped their price target on Dynatrace from $65.00 to $69.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Finally, BTIG Research upped their price target on Dynatrace from $57.00 to $63.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Eight investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $62.00.

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.