Brown Advisory Reduces $289M in Dynatrace, Inc. ($DT)
Key Points
- Brown Advisory changed its Dynatrace, Inc. ($DT) stake by 73.5% last quarter, cutting to 2,553,198 shares worth $104.04 million.
- Wall Street's consensus rating on $DT is Buy and an average price target of $43.85.
- $DT last traded around $40.75.
Brown Advisory reduced its position in Dynatrace, Inc. ($DT) by 73.5% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,553,198 shares of Dynatrace, Inc. after selling 7,095,776 shares during the quarter. Brown Advisory's holdings in Dynatrace, Inc. were worth $104.04 million as of its most recent filing.
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About Dynatrace, Inc.
Dynatrace, Inc. engages in the advancement of observability for digital businesses, which transforms the complexity of modern digital ecosystems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates Dynatrace, an AI-powered observability platform, which provides solutions, including infrastructure, application, threat, and AI observability; digital experience; log analytics; application security; software delivery; and business analytics. It also offers implementation, consulting, and training services. The company markets its products through a combination of global direct sales team and a network of partners, including global system integrators (GSIs), cloud providers, resellers and technology alliance partners. It serves customers in various industries, including banking, financial services, government, insurance, retail and wholesale, transportation, and software. Dynatrace, Inc. was founded in 2005 and is headquartered in Boston, Massachusetts.
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