Datadog (NASDAQ:DDOG) CTO Alexis Le-Quoc Sells 43,106 Shares

Datadog, Inc. (NASDAQ:DDOG) CTO Alexis Le-Quoc sold 43,106 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $133.93, for a total value of $5,773,186.58. Following the completion of the transaction, the chief technology officer directly owned 301,458 shares of the company’s stock, valued at approximately $40,374,269.94. This represents a 12.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Alexis Le-Quoc also recently made the following trade(s):

• On Monday, December 29th, Alexis Le-Quoc sold 32,418 shares of Datadog stock. The shares were sold at an average price of $137.85, for a total transaction of $4,468,821.30.
• On Monday, December 8th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $154.05, for a total value of $8,305,143.60.
• On Tuesday, December 2nd, Alexis Le-Quoc sold 13,765 shares of Datadog stock. The shares were sold at an average price of $158.60, for a total transaction of $2,183,129.00.
• On Monday, November 24th, Alexis Le-Quoc sold 43,224 shares of Datadog stock. The stock was sold at an average price of $158.49, for a total transaction of $6,850,571.76.
• On Tuesday, November 11th, Alexis Le-Quoc sold 53,912 shares of Datadog stock. The stock was sold at an average price of $197.99, for a total value of $10,674,036.88.

Datadog Trading Up 3.2%

DDOG stock opened at $141.45 on Thursday. The company has a market capitalization of $49.60 billion, a PE ratio of 456.29, a price-to-earnings-growth ratio of 25.41 and a beta of 1.26. The company’s 50 day moving average price is $155.95 and its two-hundred day moving average price is $146.75. Datadog, Inc. has a one year low of $81.63 and a one year high of $201.69. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.66 and a current ratio of 3.66.

Datadog (NASDAQ:DDOG) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.10. The company had revenue of $885.65 million for the quarter, compared to the consensus estimate of $852.77 million. Datadog had a return on equity of 4.14% and a net margin of 3.32%.Datadog’s revenue was up 28.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.46 EPS. Datadog has set its FY 2025 guidance at 2.000-2.020 EPS and its Q4 2025 guidance at 0.54-0.56 EPS. As a group, analysts predict that Datadog, Inc. will post 0.34 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in DDOG. Rothschild Investment LLC increased its holdings in Datadog by 126.6% in the 3rd quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock worth $25,000 after acquiring an additional 100 shares in the last quarter. Physician Wealth Advisors Inc. raised its stake in Datadog by 315.2% during the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock worth $27,000 after purchasing an additional 145 shares during the period. Westside Investment Management Inc. lifted its holdings in Datadog by 74.3% in the third quarter. Westside Investment Management Inc. now owns 176 shares of the company’s stock valued at $27,000 after acquiring an additional 75 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in shares of Datadog during the 3rd quarter worth about $27,000. Finally, Tripletail Wealth Management LLC purchased a new stake in Datadog in the third quarter valued at approximately $28,000. Hedge funds and other institutional investors own 78.29% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on DDOG. Barclays upped their target price on shares of Datadog from $170.00 to $215.00 and gave the company an “overweight” rating in a report on Friday, November 7th. Macquarie raised their target price on shares of Datadog from $175.00 to $220.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Raymond James Financial lifted their price objective on Datadog from $170.00 to $205.00 in a research note on Thursday, November 6th. Morgan Stanley increased their price target on shares of Datadog from $165.00 to $180.00 and gave the company an “equal weight” rating in a report on Friday, November 7th. Finally, TD Cowen boosted their price objective on shares of Datadog from $180.00 to $235.00 and gave the company a “buy” rating in a research report on Friday, November 7th. Thirty-three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $203.87.

Datadog Company Profile

Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale. Its software-as-a-service offering collects and analyzes metrics, traces and logs from servers, containers, cloud services and applications to provide real-time visibility into system performance and health. Datadog’s platform is widely used by engineering, operations and security teams to reduce downtime, accelerate incident response and improve application reliability.

The company’s product suite includes infrastructure monitoring, application performance monitoring (APM), log management, real user monitoring (RUM), synthetic monitoring and network performance monitoring, along with security-focused products such as security monitoring and cloud SIEM.