Datadog (NASDAQ:DDOG) COO Adam Blitzer Sells 12,202 Shares of Stock

Datadog, Inc. (NASDAQ:DDOG) COO Adam Blitzer sold 12,202 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $249.29, for a total transaction of $3,041,836.58. Following the completion of the sale, the chief operating officer directly owned 263,771 shares in the company, valued at $65,755,472.59. This represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Adam Blitzer also recently made the following trade(s):

• On Tuesday, June 2nd, Adam Blitzer sold 13,642 shares of Datadog stock. The shares were sold at an average price of $267.15, for a total transaction of $3,644,460.30.

Datadog Stock Down 2.7%

Shares of NASDAQ DDOG opened at $243.60 on Friday. Datadog, Inc. has a one year low of $98.01 and a one year high of $278.70. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.40 and a quick ratio of 3.40. The firm’s 50 day simple moving average is $164.88 and its two-hundred day simple moving average is $144.65. The stock has a market capitalization of $86.71 billion, a P/E ratio of 641.07, a PEG ratio of 26.80 and a beta of 1.56.

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

Wall Street Analyst Weigh In

A number of brokerages have commented on DDOG. Monness Crespi & Hardt increased their price target on shares of Datadog from $255.00 to $270.00 in a research report on Thursday, May 7th. Jefferies Financial Group set a $210.00 price target on shares of Datadog and gave the company a “buy” rating in a research report on Thursday, May 7th. DA Davidson set a $250.00 price target on shares of Datadog in a research report on Friday, May 22nd. Citigroup increased their price target on shares of Datadog from $175.00 to $218.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, Citizens Jmp upgraded shares of Datadog from a “market perform” rating to an “outperform” rating and set a $225.00 price target on the stock in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $219.69.

Institutional Trading of Datadog

Large investors have recently added to or reduced their stakes in the stock. Rothschild Investment LLC boosted its holdings in Datadog by 126.6% in the third quarter. Rothschild Investment LLC now owns 179 shares of the company’s stock valued at $25,000 after acquiring an additional 100 shares in the last quarter. Physician Wealth Advisors Inc. boosted its holdings in Datadog by 315.2% in the third quarter. Physician Wealth Advisors Inc. now owns 191 shares of the company’s stock valued at $27,000 after acquiring an additional 145 shares in the last quarter. Westside Investment Management Inc. boosted 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 in the last quarter. JPL Wealth Management LLC bought a new stake in Datadog in the third quarter valued at $27,000. Finally, CoreCap Advisors LLC boosted its holdings in Datadog by 1,461.5% in the fourth quarter. CoreCap Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after acquiring an additional 190 shares in the last quarter. Institutional investors own 78.29% of the company’s stock.

Datadog News Roundup

Here are the key news stories impacting Datadog this week:

• Positive Sentiment: Datadog has been highlighted among the most upgraded software stocks, suggesting analysts remain constructive on its growth outlook and the broader AI-driven rebound in software. 3 Most Upgraded Stocks Last Month According to MarketBeat (DDOG)
• Positive Sentiment: Investor and industry coverage continues to frame Datadog as a beneficiary of renewed demand for AI-related software, which may be helping sentiment around the stock. DDOG, ORCL, MSFT emerge as top software stock picks as the sector rebounds: report
• Neutral Sentiment: Datadog’s recent conference appearance may have reinforced its story, but no major new catalyst was identified in the provided headline. Datadog, Inc. (DDOG) Presents at Bank of America 2026 Global Technology Conference Transcript
• Neutral Sentiment: Datadog also drew heavy search interest from investors, but the article itself did not add a clear new fundamental catalyst. Investors Heavily Search Datadog, Inc. (DDOG): Here is What You Need to Know
• Negative Sentiment: Several Datadog executives, including CTO Alexis Le-Quoc, CEO Olivier Pomel, COO Adam Blitzer, CFO David M. Obstler, CRO Sean Michael Walters, and General Counsel Kerry Acocella, disclosed stock sales in recent filings. Most were tied to 10b5-1 plans or tax withholding on equity vesting, but the wave of insider selling can still weigh on sentiment. SEC insider filing

About Datadog

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.