On December 6, a recent SEC filing unveiled that Matthias DollentzScharer, Chief Customer Officer at Dynatrace (NYSE:DT) made an insider sell.
What Happened: DollentzScharer opted to sell 2,074 shares of Dynatrace, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday. The transaction's total worth stands at $113,302.
Tracking the Thursday's morning session, Dynatrace shares are trading at $53.8, showing a down of 0.72%.
All You Need to Know 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.
Breaking Down Dynatrace's Financial Performance
Revenue Growth: Dynatrace displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 25.91%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers ...