Datadog (NASDAQ:DDOG) General Counsel Kerry Acocella Sells 7,252 Shares

Datadog, Inc. (NASDAQ:DDOG) General Counsel Kerry Acocella sold 7,252 shares of Datadog stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $267.15, for a total value of $1,937,371.80. Following the completion of the sale, the general counsel directly owned 133,237 shares of the company’s stock, valued at approximately $35,594,264.55. The trade was a 5.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Kerry Acocella also recently made the following trade(s):

• On Tuesday, May 5th, Kerry Acocella sold 13,857 shares of Datadog stock. The stock was sold at an average price of $150.00, for a total value of $2,078,550.00.

Datadog Stock Performance

Shares of DDOG stock traded down $6.73 on Thursday, reaching $243.60. The stock had a trading volume of 6,970,327 shares, compared to its average volume of 5,998,771. The stock has a market cap of $86.71 billion, a P/E ratio of 641.07, a price-to-earnings-growth ratio of 28.82 and a beta of 1.56. Datadog, Inc. has a 1 year low of $98.01 and a 1 year high of $278.70. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.40 and a current ratio of 3.40. The company has a 50 day simple moving average of $162.46 and a 200 day simple moving average of $144.24.

Datadog (NASDAQ:DDOG) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $960.12 million. Datadog had a return on equity of 4.83% and a net margin of 3.69%.The company’s revenue for the quarter was up 32.1% on a year-over-year basis. During the same period last year, the business posted $0.46 EPS. Datadog has set its FY 2026 guidance at 2.360-2.440 EPS and its Q2 2026 guidance at 0.570-0.590 EPS. Equities research analysts expect that Datadog, Inc. will post 0.61 EPS for the current year.

Hedge Funds Weigh In On Datadog

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC lifted its position in shares of Datadog by 12.5% in the first quarter. Parallel Advisors LLC now owns 9,730 shares of the company’s stock valued at $1,149,000 after acquiring an additional 1,082 shares in the last quarter. Glenmede Trust Co. NA lifted its position in shares of Datadog by 15.6% in the first quarter. Glenmede Trust Co. NA now owns 8,346 shares of the company’s stock valued at $985,000 after acquiring an additional 1,126 shares in the last quarter. Groupe la Francaise lifted its position in shares of Datadog by 20.4% in the first quarter. Groupe la Francaise now owns 93,982 shares of the company’s stock valued at $11,063,000 after acquiring an additional 15,907 shares in the last quarter. Western Wealth Management LLC purchased a new position in shares of Datadog in the first quarter valued at about $65,000. Finally, Janus Henderson Group PLC lifted its position in shares of Datadog by 22.8% in the first quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock valued at $905,570,000 after acquiring an additional 1,439,082 shares in the last quarter. 78.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on DDOG. Truist Financial raised their price target on Datadog from $120.00 to $190.00 and gave the stock a “hold” rating in a research note on Thursday, May 7th. Evercore restated an “outperform” rating and issued a $225.00 price target on shares of Datadog in a research note on Thursday, May 7th. Jefferies Financial Group set a $210.00 target price on Datadog and gave the company a “buy” rating in a research report on Thursday, May 7th. Rothschild & Co Redburn assumed coverage on Datadog in a research report on Thursday, April 23rd. They set a “buy” rating and a $170.00 target price on the stock. Finally, Stifel Nicolaus set a $305.00 target price on Datadog in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $219.69.

Key Datadog News

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog was highlighted as one of the most upgraded software stocks last month, reinforcing Wall Street optimism around its growth outlook and the broader rebound in software names tied to AI adoption. 3 Most Upgraded Stocks Last Month According to MarketBeat (DDOG)
• Positive Sentiment: Recent commentary said software stocks are rebounding as investors view AI as a growth catalyst, which supports Datadog’s positioning in AI workload monitoring and observability. DDOG, ORCL, MSFT emerge as top software stock picks as the sector rebounds: report
• Positive Sentiment: A Seeking Alpha piece argued Datadog is becoming “too important to ignore,” citing Q1 2026 revenue of $761.6 million, 25% year-over-year growth, and expanding customer adoption across multiple product lines. Datadog Is Becoming Too Important To Ignore
• Neutral Sentiment: Management presented at the Bank of America 2026 Global Technology Conference, but no major new catalyst was identified in the headline provided. Datadog, Inc. (DDOG) Presents at Bank of America 2026 Global Technology Conference Transcript
• Neutral Sentiment: Datadog attracted heavy investor search interest on Zacks, but the item did not add a specific new business or financial update. Investors Heavily Search Datadog, Inc. (DDOG): Here is What You Need to Know
• Negative Sentiment: CTO Alexis Le-Quoc sold 53,912 shares and then another 21,506 shares in separate transactions, which can weigh on sentiment even though both sales were made under a pre-arranged 10b5-1 plan and for tax withholding tied to equity vesting. SEC insider filing

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.