Datadog (NASDAQ:DDOG) Director Sells $4,697,000.00 in Stock

Datadog, Inc. (NASDAQ:DDOG) Director Amit Agarwal sold 20,000 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $234.85, for a total value of $4,697,000.00. Following the transaction, the director directly owned 1,640 shares in the company, valued at approximately $385,154. This represents a 92.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Amit Agarwal also recently made the following trade(s):

• On Thursday, July 30th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $266.82, for a total value of $5,336,400.00.
• On Thursday, July 23rd, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $244.87, for a total value of $4,897,400.00.
• On Thursday, July 9th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $267.41, for a total value of $5,348,200.00.
• On Thursday, July 2nd, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $261.22, for a total value of $5,224,400.00.
• On Thursday, June 25th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $220.12, for a total transaction of $4,402,400.00.
• On Thursday, June 18th, Amit Agarwal sold 20,000 shares of Datadog stock. The stock was sold at an average price of $220.92, for a total transaction of $4,418,400.00.
• On Friday, June 12th, Amit Agarwal sold 20,000 shares of Datadog stock. The shares were sold at an average price of $231.56, for a total transaction of $4,631,200.00.

Datadog Stock Down 2.4%

NASDAQ:DDOG opened at $240.91 on Thursday. Datadog, Inc. has a 12-month low of $98.01 and a 12-month high of $292.72. The stock’s fifty day simple moving average is $248.32 and its 200-day simple moving average is $180.92. The company has a quick ratio of 3.20, a current ratio of 3.20 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $85.75 billion, a P/E ratio of 491.66, a P/E/G ratio of 25.81 and a beta of 1.54.

Datadog (NASDAQ:DDOG) last issued its earnings results on Thursday, August 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.07. Datadog had a return on equity of 5.67% and a net margin of 4.48%.The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same quarter last year, the business earned $0.46 earnings per share. The company’s revenue was up 35.6% compared to the same quarter last year. Datadog has set its Q3 2026 guidance at 0.630-0.650 EPS and its FY 2026 guidance at 2.500-2.540 EPS. Equities research analysts expect that Datadog, Inc. will post 0.66 earnings per share for the current year.

Institutional Investors Weigh In On Datadog

Institutional investors have recently bought and sold shares of the company. Price T Rowe Associates Inc. MD boosted its stake in shares of Datadog by 7.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,423,814 shares of the company’s stock worth $1,961,496,000 after buying an additional 956,993 shares during the last quarter. State Street Corp increased its position in shares of Datadog by 106.8% in the third quarter. State Street Corp now owns 13,732,777 shares of the company’s stock valued at $1,955,547,000 after acquiring an additional 7,091,075 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Datadog by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 9,056,086 shares of the company’s stock valued at $1,227,184,000 after acquiring an additional 197,816 shares during the last quarter. Janus Henderson Group PLC raised its holdings in Datadog by 22.8% during the first quarter. Janus Henderson Group PLC now owns 7,749,569 shares of the company’s stock worth $905,570,000 after acquiring an additional 1,439,082 shares in the last quarter. Finally, Jennison Associates LLC raised its holdings in Datadog by 43.7% during the fourth quarter. Jennison Associates LLC now owns 7,623,993 shares of the company’s stock worth $1,036,787,000 after acquiring an additional 2,316,994 shares in the last quarter. Institutional investors own 78.29% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on DDOG shares. Rothschild & Co Redburn assumed coverage on Datadog in a research note on Thursday, April 23rd. They issued a “buy” rating and a $170.00 target price for the company. Wolfe Research reiterated an “outperform” rating and set a $295.00 price objective on shares of Datadog in a report on Thursday, June 11th. Raymond James Financial reiterated an “outperform” rating and issued a $280.00 price objective on shares of Datadog in a research report on Thursday, August 6th. Weiss Ratings downgraded shares of Datadog from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, July 29th. Finally, Cantor Fitzgerald lifted their price target on shares of Datadog from $226.00 to $327.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Datadog has a consensus rating of “Moderate Buy” and an average price target of $276.32.

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.