Proficio Capital Partners LLC Purchases New Stake in Dynatrace, Inc. $DT

Proficio Capital Partners LLC acquired a new position in Dynatrace, Inc. (NYSE:DT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 12,197 shares of the company’s stock, valued at approximately $536,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kerrisdale Advisers LLC boosted its stake in shares of Dynatrace by 76.3% in the 2nd quarter. Kerrisdale Advisers LLC now owns 42,205 shares of the company’s stock valued at $1,853,000 after purchasing an additional 18,270 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Dynatrace by 23.5% during the second quarter. Wellington Management Group LLP now owns 11,528,792 shares of the company’s stock worth $506,229,000 after buying an additional 2,191,497 shares during the last quarter. Archer Investment Corp bought a new stake in shares of Dynatrace during the second quarter worth approximately $180,000. Public Employees Retirement System of Ohio acquired a new position in Dynatrace in the second quarter valued at approximately $3,744,000. Finally, Bamco Inc. NY acquired a new position in Dynatrace in the second quarter valued at approximately $68,926,000. 94.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DT has been the subject of a number of analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Dynatrace from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Thursday, May 14th. Canaccord Genuity Group raised their price target on Dynatrace from $46.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Morgan Stanley raised Dynatrace from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $58.00 to $65.00 in a research note on Tuesday, August 25th. BMO Capital Markets reiterated an “outperform” rating on shares of Dynatrace in a report on Thursday, August 6th. Finally, The Goldman Sachs Group upped their price objective on Dynatrace from $45.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, June 18th. Twenty-three investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $54.81.

Dynatrace Stock Performance

DT opened at $50.96 on Thursday. The firm’s fifty day moving average is $46.69 and its two-hundred day moving average is $41.21. The firm has a market cap of $14.73 billion, a PE ratio of 101.92, a price-to-earnings-growth ratio of 3.23 and a beta of 0.74. Dynatrace, Inc. has a twelve month low of $31.64 and a twelve month high of $54.83.

Dynatrace (NYSE:DT) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.03. The company had revenue of $554.55 million during the quarter, compared to analyst estimates of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The firm’s revenue was up 16.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.42 EPS. Dynatrace has set its Q2 2027 guidance at 0.480-0.490 EPS and its FY 2027 guidance at 1.970-1.990 EPS. Equities analysts forecast that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.

About Dynatrace

Dynatrace is a global software intelligence company specializing in application performance management (APM), cloud infrastructure monitoring, and digital experience management. Its flagship offering, the Dynatrace Software Intelligence Platform, leverages artificial intelligence to provide real-time observability across distributed environments, including on-premises data centers, private clouds, public clouds and hybrid deployments. Organizations rely on Dynatrace to detect anomalies, troubleshoot performance issues and optimize end-user experiences through automated root-cause analysis powered by the company’s engine, Davis.

The Dynatrace platform comprises modules for full-stack application monitoring, digital experience monitoring, infrastructure monitoring and business analytics.