Avior Wealth Management LLC Has $460,000 Stock Holdings in Dynatrace, Inc. (NYSE:DT)

Avior Wealth Management LLC grew its stake in shares of Dynatrace, Inc. (NYSE:DT) by 4.4% during the 4th quarter, Holdings Channel reports. The firm owned 8,403 shares of the company’s stock after buying an additional 356 shares during the period. Avior Wealth Management LLC’s holdings in Dynatrace were worth $460,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in DT. Contravisory Investment Management Inc. acquired a new position in Dynatrace during the fourth quarter worth $25,000. Quarry LP acquired a new position in shares of Dynatrace during the 1st quarter worth about $26,000. Advisory Services Network LLC raised 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 purchasing an additional 223 shares during the period. FinTrust Capital Advisors LLC bought a new stake in shares of Dynatrace in the 3rd quarter valued at about $35,000. Finally, Planned Solutions Inc. acquired a new stake in Dynatrace in the 4th quarter valued at about $38,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Insider Buying and Selling

In other Dynatrace news, SVP Dan Zugelder sold 6,595 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $52.61, for a total value of $346,962.95. Following the sale, the senior vice president now owns 89,425 shares in the company, valued at $4,704,649.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Dynatrace news, SVP Dan Zugelder sold 6,595 shares of the company’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $52.61, for a total value of $346,962.95. Following the completion of the transaction, the senior vice president now owns 89,425 shares of the company’s stock, valued at approximately $4,704,649.25. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Rick M. Mcconnell sold 25,000 shares of Dynatrace stock in a transaction dated Friday, March 15th. The shares were sold at an average price of $46.29, for a total value of $1,157,250.00. Following the sale, the chief executive officer now directly owns 477,105 shares in the company, valued at $22,085,190.45. The disclosure for this sale can be found here. Insiders sold a total of 14,278,591 shares of company stock worth $750,893,396 in the last three months. 0.54% of the stock is owned by corporate insiders.

Dynatrace Stock Performance

Dynatrace stock opened at $46.26 on Friday. Dynatrace, Inc. has a 52 week low of $40.43 and a 52 week high of $61.41. The stock has a market capitalization of $13.62 billion, a P/E ratio of 70.09, a price-to-earnings-growth ratio of 3.81 and a beta of 1.07. The stock has a fifty day moving average of $47.72 and a 200-day moving average of $50.84.

Dynatrace (NYSE:DT) last issued its earnings results on Thursday, February 8th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.15 by $0.03. The firm had revenue of $365.10 million during the quarter, compared to the consensus estimate of $357.64 million. Dynatrace had a return on equity of 11.92% and a net margin of 14.44%. On average, research analysts forecast that Dynatrace, Inc. will post 0.62 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Jefferies Financial Group upgraded Dynatrace from a “hold” rating to a “buy” rating and increased their price target for the company from $50.00 to $70.00 in a research note on Friday, January 5th. Citigroup lifted their target price on shares of Dynatrace from $58.00 to $68.00 and gave the stock a “buy” rating in a report on Monday, January 22nd. Truist Financial increased their price target on shares of Dynatrace from $60.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, January 16th. JPMorgan Chase & Co. reduced their price objective on Dynatrace from $65.00 to $60.00 and set an “overweight” rating for the company in a report on Monday, April 1st. Finally, JMP Securities increased their target price on Dynatrace from $56.00 to $68.00 and gave the stock a “market outperform” rating in a research note on Friday, February 2nd. Four equities research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $61.04.

About Dynatrace

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.