Mount Yale Investment Advisors LLC Invests $581,000 in Dynatrace, Inc. (NYSE:DT)

Mount Yale Investment Advisors LLC acquired a new position in Dynatrace, Inc. (NYSE:DT) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 12,503 shares of the company’s stock, valued at approximately $581,000.

A number of other large investors have also recently made changes to their positions in DT. Geneos Wealth Management Inc. increased its holdings in shares of Dynatrace by 76.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 530 shares of the company’s stock worth $25,000 after buying an additional 230 shares during the last quarter. DSM Capital Partners LLC bought a new position in Dynatrace during the fourth quarter valued at approximately $28,000. Rise Advisors LLC purchased a new stake in shares of Dynatrace in the 1st quarter valued at $30,000. NewSquare Capital LLC purchased a new position in shares of Dynatrace in the fourth quarter worth about $32,000. Finally, Planned Solutions Inc. bought a new position in Dynatrace during the 4th quarter worth approximately $38,000. 94.28% of the stock is owned by institutional investors.

Insider Activity

In other Dynatrace news, EVP Dan Zugelder sold 18,870 shares of Dynatrace stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $46.72, for a total value of $881,606.40. Following the completion of the transaction, the executive vice president now directly owns 253,176 shares of the company’s stock, valued at approximately $11,828,382.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, EVP Dan Zugelder sold 18,870 shares of the firm’s stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $46.72, for a total value of $881,606.40. Following the completion of the sale, the executive vice president now directly owns 253,176 shares of the company’s stock, valued at approximately $11,828,382.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Rick M. Mcconnell sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $46.41, for a total value of $2,320,500.00. Following the transaction, the chief executive officer now directly owns 732,491 shares in the company, valued at approximately $33,994,907.31. The disclosure for this sale can be found here. In the last ninety days, insiders sold 84,274 shares of company stock worth $3,883,271. 0.54% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on DT shares. Wells Fargo & Company dropped their target price on shares of Dynatrace from $75.00 to $60.00 and set an “overweight” rating for the company in a report on Thursday, May 16th. Robert W. Baird decreased their target price on shares of Dynatrace from $65.00 to $62.00 and set an “outperform” rating for the company in a research note on Thursday, May 16th. Loop Capital dropped their price target on Dynatrace from $50.00 to $45.00 and set a “hold” rating on the stock in a research report on Wednesday, June 26th. TD Cowen reduced their price objective on Dynatrace from $62.00 to $58.00 and set a “buy” rating for the company in a research report on Friday, April 19th. Finally, Truist Financial reaffirmed a “buy” rating and issued a $60.00 price objective (down from $70.00) on shares of Dynatrace in a research report on Thursday, May 16th. Six equities research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the company. According to MarketBeat.com, Dynatrace has an average rating of “Moderate Buy” and a consensus price target of $60.56.

Dynatrace Trading Up 0.6 %

Shares of NYSE:DT traded up $0.25 during midday trading on Tuesday, reaching $44.67. 83,215 shares of the company were exchanged, compared to its average volume of 3,518,326. The stock has a market cap of $13.32 billion, a PE ratio of 85.42, a price-to-earnings-growth ratio of 6.68 and a beta of 1.04. The business’s fifty day moving average is $45.03 and its two-hundred day moving average is $48.06. Dynatrace, Inc. has a one year low of $42.31 and a one year high of $61.41.

Dynatrace (NYSE:DT) last posted its earnings results on Wednesday, May 15th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.03). The firm had revenue of $380.85 million during the quarter, compared to analysts’ expectations of $375.20 million. Dynatrace had a return on equity of 9.89% and a net margin of 10.81%. As a group, sell-side analysts expect that Dynatrace, Inc. will post 0.71 EPS for the current year.

Dynatrace Profile

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.