Proficio Capital Partners LLC Makes New Investment in Dynatrace, Inc. $DT

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

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. NewEdge Advisors LLC increased its position in shares of Dynatrace by 25.3% during the first quarter. NewEdge Advisors LLC now owns 9,135 shares of the company’s stock worth $431,000 after acquiring an additional 1,846 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Dynatrace by 19.2% in the 1st quarter. Jones Financial Companies Lllp now owns 2,161 shares of the company’s stock valued at $102,000 after acquiring an additional 348 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Dynatrace by 21.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,548 shares of the company’s stock valued at $85,000 after acquiring an additional 272 shares in the last quarter. Invesco Ltd. boosted its stake in Dynatrace by 38.9% in the 2nd quarter. Invesco Ltd. now owns 793,630 shares of the company’s stock worth $43,816,000 after purchasing an additional 222,395 shares during the period. Finally, Marshall Wace LLP acquired a new position in Dynatrace in the 2nd quarter worth $410,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Dynatrace Trading Down 3.6%

Shares of DT stock opened at $50.96 on Thursday. The firm’s fifty day moving average price is $46.69 and its two-hundred day moving average price is $41.21. Dynatrace, Inc. has a 1 year low of $31.64 and a 1 year high of $54.83. The firm has a market capitalization of $14.73 billion, a P/E ratio of 101.92, a PEG ratio of 3.23 and a beta of 0.74.

Dynatrace (NYSE:DT) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.03. The company had revenue of $554.55 million during the quarter, compared to the consensus estimate of $550.01 million. Dynatrace had a net margin of 7.22% and a return on equity of 11.07%. The company’s quarterly revenue was up 16.3% on a year-over-year basis. During the same period in the prior year, the business posted $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. As a group, equities research analysts forecast that Dynatrace, Inc. will post 1.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have issued reports on DT. Scotiabank reissued an “outperform” rating and issued a $61.00 price target on shares of Dynatrace in a research note on Thursday, August 6th. Royal Bank Of Canada upped their price objective on Dynatrace from $50.00 to $59.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. BTIG Research increased their price objective on Dynatrace from $47.00 to $62.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Guggenheim lowered Dynatrace from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 13th. Finally, Wedbush set a $48.00 target price on Dynatrace in a research note on Friday, May 15th. Twenty-three equities research 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 presently has an average rating of “Moderate Buy” and an average price target of $54.81.

Dynatrace Profile

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.