Trexquant Investment LP Has $9.70 Million Stake in Dynatrace, Inc. (NYSE:DT)

Trexquant Investment LP grew its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 74.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 178,482 shares of the company’s stock after acquiring an additional 76,216 shares during the period. Trexquant Investment LP owned 0.06% of Dynatrace worth $9,700,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Cerity Partners LLC grew its position in shares of Dynatrace by 291.2% during the 3rd quarter. Cerity Partners LLC now owns 19,478 shares of the company’s stock worth $1,041,000 after buying an additional 14,499 shares during the period. D.A. Davidson & CO. boosted its stake in Dynatrace by 12.2% during the third quarter. D.A. Davidson & CO. now owns 8,924 shares of the company’s stock worth $477,000 after acquiring an additional 973 shares in the last quarter. Captrust Financial Advisors acquired a new stake in Dynatrace in the third quarter worth $327,000. Atom Investors LP bought a new stake in Dynatrace in the third quarter valued at $981,000. Finally, Benjamin Edwards Inc. raised its holdings in shares of Dynatrace by 4,660.6% during the third quarter. Benjamin Edwards Inc. now owns 25,755 shares of the company’s stock valued at $1,377,000 after purchasing an additional 25,214 shares during the period. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently commented on the company. Morgan Stanley raised their target price on Dynatrace from $59.00 to $62.00 and gave the company an “equal weight” rating in a research note on Friday, January 31st. Jefferies Financial Group decreased their price objective on Dynatrace from $70.00 to $65.00 and set a “buy” rating for the company in a report on Monday. Wells Fargo & Company set a $70.00 target price on Dynatrace in a report on Friday, January 31st. Needham & Company LLC restated a “hold” rating on shares of Dynatrace in a research note on Tuesday, February 18th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $67.00 price objective on shares of Dynatrace in a research note on Friday, January 31st. Eight equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $63.35.

Insider Activity at Dynatrace

In other Dynatrace news, Director Stephen J. Lifshatz sold 2,500 shares of the company’s stock in a transaction dated Monday, February 10th. The shares were sold at an average price of $60.88, for a total transaction of $152,200.00. Following the sale, the director now directly owns 36,471 shares of the company’s stock, valued at $2,220,354.48. This represents a 6.42 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Rick M. Mcconnell sold 40,000 shares of Dynatrace stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $60.45, for a total transaction of $2,418,000.00. Following the completion of the transaction, the chief executive officer now owns 506,720 shares of the company’s stock, valued at $30,631,224. The trade was a 7.32 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 117,432 shares of company stock worth $7,159,599. Insiders own 0.59% of the company’s stock.

Dynatrace Stock Up 1.3 %

DT opened at $48.46 on Thursday. Dynatrace, Inc. has a twelve month low of $39.42 and a twelve month high of $63.00. The company’s 50-day moving average price is $55.21 and its two-hundred day moving average price is $54.37. The stock has a market cap of $14.51 billion, a price-to-earnings ratio of 30.29, a PEG ratio of 7.05 and a beta of 1.12.

Dynatrace Company 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.