DT - Dynatrace SVP Sold $714K In Company Stock | Benzinga
On December 6, a recent SEC filing unveiled that Dan Zugelder, SVP at Dynatrace (NYSE:DT) made an insider sell.
What Happened: After conducting a thorough analysis, Zugelder sold 13,083 shares of Dynatrace. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The total transaction value is $714,724.
Dynatrace's shares are actively trading at $53.8, experiencing a down of 0.72% during Thursday's morning session.
About Dynatrace
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.
Financial Insights: Dynatrace
Revenue Growth: Over the 3 months period, Dynatrace showcased positive performance, achieving a revenue growth rate of 25.91% as of 30 September, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Key Profitability Indicators:
-
Gross Margin: With ...