DT - Chief Executive Officer Of Dynatrace Makes $2.14M Sale | Benzinga
It was reported on December 6, that RICK MCCONNELL, Chief Executive Officer at Dynatrace (NYSE:DT) executed a significant insider sell, according to an SEC filing.
What Happened: MCCONNELL's recent move involves selling 39,018 shares of Dynatrace. This information is documented in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total value is $2,136,935.
As of Thursday morning, Dynatrace shares are down by 0.72%, currently priced at $53.8.
Discovering Dynatrace: A Closer Look
Dynatrace is a cloud-native company that focuses on analyzing machine data. Its product portfolio, delivered as software as a service, allows a client to monitor and analyze its entire IT infrastructure. Dynatrace's platform can ingest and analyze large amounts of machine-generated data in real time, allowing clients to use it for a variety of applications throughout their businesses.
Dynatrace's Financial Performance
Revenue Growth: Dynatrace's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 25.91%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, ...