Curated Wealth Partners LLC Purchases 2,986 Shares of Dynatrace, Inc. (NYSE:DT)

Curated Wealth Partners LLC grew its holdings in shares of Dynatrace, Inc. (NYSE:DT) by 62.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,795 shares of the company’s stock after acquiring an additional 2,986 shares during the period. Curated Wealth Partners LLC’s holdings in Dynatrace were worth $424,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in DT. Versant Capital Management Inc grew its holdings in Dynatrace by 11.9% in the fourth quarter. Versant Capital Management Inc now owns 1,933 shares of the company’s stock worth $105,000 after purchasing an additional 206 shares during the period. Virtue Capital Management LLC boosted its position in shares of Dynatrace by 4.2% during the 3rd quarter. Virtue Capital Management LLC now owns 5,275 shares of the company’s stock worth $282,000 after purchasing an additional 212 shares in the last quarter. Atria Investments Inc grew its stake in shares of Dynatrace by 3.4% in the 3rd quarter. Atria Investments Inc now owns 7,201 shares of the company’s stock valued at $385,000 after buying an additional 240 shares during the period. Avior Wealth Management LLC increased its position in Dynatrace by 2.9% in the 3rd quarter. Avior Wealth Management LLC now owns 8,797 shares of the company’s stock valued at $470,000 after buying an additional 248 shares in the last quarter. Finally, Riverview Trust Co raised its stake in Dynatrace by 70.6% during the 3rd quarter. Riverview Trust Co now owns 621 shares of the company’s stock worth $33,000 after buying an additional 257 shares during the period. 94.28% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on DT. UBS Group initiated coverage on Dynatrace in a research note on Wednesday, November 27th. They issued a “neutral” rating and a $58.00 price objective for the company. BTIG Research lifted their price target on shares of Dynatrace from $57.00 to $63.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Jefferies Financial Group upped their price objective on shares of Dynatrace from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. Rosenblatt Securities reaffirmed a “buy” rating and issued a $65.00 price objective on shares of Dynatrace in a research note on Wednesday, November 6th. Finally, BNP Paribas initiated coverage on shares of Dynatrace in a research report on Tuesday, October 8th. They set a “neutral” rating and a $52.00 target price for the company. Eight research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $61.68.

Insider Buying and Selling

In related news, EVP Bernd Greifeneder sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $57.83, for a total value of $2,891,500.00. Following the completion of the transaction, the executive vice president now directly owns 1,007,038 shares of the company’s stock, valued at approximately $58,237,007.54. This trade represents a 4.73 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.59% of the stock is currently owned by insiders.

Dynatrace Price Performance

Shares of DT opened at $55.64 on Friday. Dynatrace, Inc. has a 1 year low of $39.42 and a 1 year high of $61.41. The stock’s fifty day moving average price is $54.25 and its two-hundred day moving average price is $51.47. The firm has a market cap of $16.61 billion, a PE ratio of 101.16, a PEG ratio of 7.94 and a beta of 1.02.

About Dynatrace

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.