Dynatrace, Inc. (NYSE:DT) Insider Sells $33,521.04 in Stock

Dynatrace, Inc. (NYSE:DTGet Free Report) insider Matthias Dollentz-Scharer sold 739 shares of the stock in a transaction dated Friday, August 18th. The shares were sold at an average price of $45.36, for a total transaction of $33,521.04. Following the completion of the sale, the insider now owns 80,950 shares of the company’s stock, valued at approximately $3,671,892. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Matthias Dollentz-Scharer also recently made the following trade(s):

  • On Wednesday, August 16th, Matthias Dollentz-Scharer sold 2,977 shares of Dynatrace stock. The shares were sold at an average price of $45.49, for a total transaction of $135,423.73.
  • On Monday, June 12th, Matthias Dollentz-Scharer sold 77,720 shares of Dynatrace stock. The shares were sold at an average price of $51.26, for a total transaction of $3,983,927.20.
  • On Wednesday, June 7th, Matthias Dollentz-Scharer sold 12,719 shares of Dynatrace stock. The shares were sold at an average price of $51.75, for a total transaction of $658,208.25.

Dynatrace Price Performance

DT stock opened at $46.42 on Monday. The company has a 50 day moving average price of $50.97 and a 200 day moving average price of $46.41. Dynatrace, Inc. has a fifty-two week low of $31.54 and a fifty-two week high of $55.87. The stock has a market capitalization of $13.61 billion, a PE ratio of 94.73, a price-to-earnings-growth ratio of 7.81 and a beta of 1.07.

Wall Street Analyst Weigh In

A number of research analysts have commented on DT shares. Rosenblatt Securities raised their price target on shares of Dynatrace from $54.00 to $58.00 and gave the stock a “buy” rating in a research note on Tuesday, August 1st. Wells Fargo & Company raised their price target on shares of Dynatrace from $54.00 to $60.00 in a research note on Thursday, May 18th. 58.com restated a “reiterates” rating on shares of Dynatrace in a research note on Thursday, May 18th. JMP Securities raised their price target on shares of Dynatrace from $50.00 to $56.00 and gave the stock a “market outperform” rating in a research note on Wednesday, July 26th. Finally, TheStreet upgraded shares of Dynatrace from a “c” rating to a “b” rating in a research note on Wednesday, May 17th. Seven research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $53.39.

Get Our Latest Stock Report on Dynatrace

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Torray Investment Partners LLC raised its position in Dynatrace by 0.6% in the 2nd quarter. Torray Investment Partners LLC now owns 33,842 shares of the company’s stock worth $1,742,000 after purchasing an additional 200 shares during the last quarter. Advisory Services Network LLC grew its holdings in shares of Dynatrace by 50.9% in the 1st quarter. Advisory Services Network LLC now owns 661 shares of the company’s stock valued at $28,000 after buying an additional 223 shares during the period. Zions Bancorporation N.A. grew its holdings in shares of Dynatrace by 1.0% in the 2nd quarter. Zions Bancorporation N.A. now owns 24,426 shares of the company’s stock valued at $1,257,000 after buying an additional 230 shares during the period. Kestra Advisory Services LLC grew its holdings in shares of Dynatrace by 5.1% in the 2nd quarter. Kestra Advisory Services LLC now owns 5,450 shares of the company’s stock valued at $281,000 after buying an additional 265 shares during the period. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in Dynatrace by 1.8% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 15,581 shares of the company’s stock worth $659,000 after purchasing an additional 270 shares during the period. Institutional investors own 71.79% of the company’s stock.

Dynatrace Company Profile

(Get Free Report)

Dynatrace, Inc provides a security platform for multicloud environments. It 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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Insider Buying and Selling by Quarter for Dynatrace (NYSE:DT)

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