Top 5 Stock Picks of Mick Hellman’s HMI Capital

In this article, we will discuss the top 5 stock picks of Mick Hellman’s HMI Capital. If you want to read our detailed analysis of Hellman’s history, investment philosophy, and hedge fund performance, you can go directly to the Top 10 Stock Picks of Mick Hellman’s HMI Capital.

5. Dynatrace, Inc. (NYSE:DT)

Mick Hellman’s HMI Capital’s Stake Value: $357,124,000

Percentage of Mick Hellman’s HMI Capital’s 13F Portfolio: 10.7%

Stock Price as of December 29: $60.15

Dynatrace, Inc. (NYSE:DT) is a provider of software intelligence platforms to streamline complexities related to the cloud and fasten the transformation towards digitalization for private and government organizations. The Waltham, Massachusetts-based entity has changed guard at the top following the retirement of its CEO and Director John Van Siclen on December 13. Van Siclen has been succeeded by Rick McConnell, who previously served as President and GM, Security Technology Group at Akamai Technologies, Inc. (NASDAQ:AKAM).

In a research note issued on October 27 following Q2 FY22 results, Srini Nandury at Summit Insights increased the price target on Dynatrace, Inc. (NYSE:DT) from $75 to $100 while reiterating a Buy rating on the stock. The analyst pinpointed the strong Q2 FY22 results that surpassed consensus estimates for annual recurring revenue (ARR), EPS, revenue, and subscriptions. Regarding the guidance provided by Dynatrace, Inc. (NYSE:DT) for Q3 FY22 and FY22, the analyst thinks that they are conservative and that Dynatrace, Inc. (NYSE:DT) will surpass those figures when the next quarter results are announced in February 2022.