Louisiana State Employees Retirement System boosted its position in Dynatrace, Inc. (NYSE:DT – Free Report) by 0.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,300 shares of the company’s stock after buying an additional 400 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Dynatrace were worth $4,654,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in DT. Wealth Enhancement Advisory Services LLC lifted its holdings in Dynatrace by 26.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 13,885 shares of the company’s stock worth $755,000 after buying an additional 2,902 shares in the last quarter. UMB Bank n.a. grew its position in shares of Dynatrace by 155.8% during the 1st quarter. UMB Bank n.a. now owns 3,220 shares of the company’s stock valued at $152,000 after buying an additional 1,961 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in shares of Dynatrace by 8.2% during the 1st quarter. Harbor Capital Advisors Inc. now owns 112,381 shares of the company’s stock valued at $5,299,000 after buying an additional 8,517 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Dynatrace by 16.7% during the 1st quarter. GAMMA Investing LLC now owns 4,246 shares of the company’s stock valued at $200,000 after buying an additional 609 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in shares of Dynatrace by 183.8% during the 1st quarter. SG Americas Securities LLC now owns 6,504 shares of the company’s stock valued at $307,000 after buying an additional 4,212 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.
Insider Activity
In other news, Director Lisa M. Campbell sold 1,013 shares of the stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $49.77, for a total value of $50,417.01. Following the completion of the transaction, the director directly owned 1,012 shares in the company, valued at $50,367.24. This trade represents a 50.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Daniel S. Yates sold 2,000 shares of the stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $49.89, for a total transaction of $99,780.00. Following the completion of the transaction, the chief accounting officer owned 22,555 shares of the company’s stock, valued at $1,125,268.95. This trade represents a 8.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 10,602 shares of company stock worth $529,579 over the last three months. Corporate insiders own 0.57% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Report on Dynatrace
Dynatrace Stock Up 0.6%
Shares of DT opened at $48.43 on Thursday. The firm has a 50-day moving average price of $49.02 and a 200 day moving average price of $50.21. The firm has a market capitalization of $14.60 billion, a PE ratio of 29.71, a P/E/G ratio of 4.23 and a beta of 0.88. Dynatrace, Inc. has a 52-week low of $39.30 and a 52-week high of $63.00.
Dynatrace (NYSE:DT – Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.04. The business had revenue of $477.35 million during the quarter, compared to analysts’ expectations of $467.39 million. Dynatrace had a net margin of 27.75% and a return on equity of 9.15%. The business’s revenue was up 19.5% on a year-over-year basis. During the same period last year, the firm posted $0.33 earnings per share. On average, equities analysts expect that Dynatrace, Inc. will post 0.68 EPS for the current year.
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.
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