DLR - Digital Realty Trust Chief Accounting Officer Trades Company's Stock | Benzinga
On January 4, a substantial insider purchase was made by Beseda Christine Kornegay, Chief Accounting Officer at Digital Realty Trust (NYSE:DLR), as per the latest SEC filing.
What Happened: In a significant move reported in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, Kornegay purchased 1,300 shares of Digital Realty Trust, demonstrating confidence in the company's growth potential. The total value of the transaction stands at $174,954.
The latest market snapshot at Thursday morning reveals Digital Realty Trust shares up by 0.31%, trading at $133.92.
Get to Know Digital Realty Trust Better
Digital Realty owns and operates over 300 data centers worldwide. It has nearly 40 million rentable square feet across five continents. Digital's offerings range from retail co-location, where an enterprise may rent a single cabinet and rely on Digital to provide all the accommodations, to "cold shells," where hyperscale cloud service providers can simply rent much, or all, of a barren, power-connected building. In recent years, Digital Realty has de-emphasized cold shells and now primarily provides higher-level service to tenants, which outsource their related IT needs to Digital. Digital Realty has also moved more into the co-location business, increasingly serving enterprises and facilitating network and cloud connections. Digital Realty operates as a real estate ...